VETERANS OF FOREIGN WAR POST 892 (EIN 340663873) - 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

1922

Legal Domicile

Principal Officer

RODNEY A PARKS

Phone

3302771975

Tax Period

2024-01-01 to 2024-12-31

VETERANS OF FOREIGN WAR POST 892, founded in 1922, is a small nonprofit that reported $138K in total revenue in fiscal year 2024. Expenses of $170K exceeded revenue, resulting in a 23% operating deficit.

Mission

TO PROVIDE SOCIAL WELFARE, RECREATIONAL AND PATRIOTIC ACTIVITIES IN THE MEMORY OF DECEASED 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 (2024)

Revenue Breakdown

Contributions & Grants $2,030

Program Service Revenue $21,476

Investment Income $1,769

Other Revenue $112,297

TOTAL REVENUE $137,572

Expense Breakdown

Grants Paid $21,477

Salaries & Benefits $110,443

Fundraising Expenses $0

Program Expenses $162,025

Other Expenses $37,842

TOTAL EXPENSES $169,762

Year-over-Year Comparison

	2024	2023	Change
Revenue	$137,572	$141,653	0.0%
Expenses	$169,762	$201,495	-0.2%
Net Income	$-32,190	$-59,842	-0.5%

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

235

Independent Members

235

Employees

Volunteers

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

$18,000

Total Directors

$18,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RODNEY A PARKS	QUARTERMASTE	10.00	Officer Director	$12,000	$0	$12,000
JAMES E MOFFET	COMMANDER	1.00	Officer Director	$6,000	$0	$6,000
CHARLIE DARREN BOSEL	SR. VICE COM	N/A	Officer Director	$0	$0	$0
DOUGLAS L BRANNON	CHAPLAIN	N/A	Officer Director	$0	$0	$0
DOUGLAS L BRANNON	1ST TRUSTEE	N/A	Officer Director	$0	$0	$0
EDMOND G KIRKLAND	2ND TRUSTEE	N/A	Officer Director	$0	$0	$0
DOUGLAS H MANYPENNY	3RD TRUSTEE	N/A	Officer Director	$0	$0	$0
JAMES E MOFFETT	JUDGE ADVOCA	N/A	Officer Director	$0	$0	$0
STEVEN P RICHARDS	JR. VICE COM	N/A	Officer Director	$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	$137,572	$169,762	$166,194	$-32,190
2023	$141,653	$201,495	$187,255	$-59,842
2022	$122,035	$149,637	$183,078	$-27,602
2021	$138,052	$109,915	$184,299	$28,137
2020	$104,525	$92,400	$170,748	$12,125

VETERANS OF FOREIGN WAR POST 892