VETERANS OF FOREIGN WARS 3124 (EIN 340595810) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1934

Legal Domicile

Principal Officer

TERRY A ROAN

Tax Period

2023-01-01 to 2023-12-31

VETERANS OF FOREIGN WARS 3124, founded in 1934, is a small nonprofit that reported $233K in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum. The organization ran a surplus of $78K, a strong 34% operating margin.

Mission

TO FOSTER CAMARADERIE AMONG UNITED STATES VETERANS OF OVERSEAS CONFLICTS. TO SERVE OUR VETERANS, THE MILITARY, AND OUR COMMUNITIES. TO ADVOCATE ON BEHALF OF ALL VETERANS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $232,894

TOTAL REVENUE $232,894

Expense Breakdown

Grants Paid $0

Salaries & Benefits $91,152

Fundraising Expenses $0

Program Expenses $154,507

Other Expenses $63,355

TOTAL EXPENSES $154,507

Year-over-Year Comparison

	2023	2022	Change
Revenue	$232,894	$188,625	+0.2%
Expenses	$154,507	$128,970	+0.2%
Net Income	$78,387	$59,655	+0.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

410

Independent Members

410

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SCOTT WALLICK	JR VICE COMMANDER	0.00	Officer	$0	$0	$0
JOSEPH M HEINZER	QUARTERMASTER	0.00	Officer	$0	$0	$0
TERRY A ROAN	COMMANDER	15.00	Officer	$0	$0	$0
RICHARD DUKEMAN	SR VICE COMMANDER	0.00	Officer	$0	$0	$0
CHELSEA KIMBLE	MANAGER	20.00	Key Emp	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$232,894	$154,507	$152,841	$78,387
2022	$188,625	$128,970	$75,029	$59,655
2021	$125,546	$132,560	$31,173	$-7,014
2020	$123,267	$135,404	$39,128	$-12,137
2019	$130,034	$130,879	$34,169	$-845
2018	$147,479	$145,080	$34,925	$2,399

VETERANS OF FOREIGN WARS 3124