VETERANS OF FOREIGN WARS POST 2850

EIN: 340940563

CLEVELAND, OH

Total Revenue
$57,484
Total Expenses
$66,242
Total Assets
$1,421
Net Assets
$-1,332
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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
OH
Principal Officer
ROBERT POOLE
Phone
2166312585
Tax Period
2019-01-01 to 2019-12-31

VETERANS OF FOREIGN WARS POST 2850, founded in 1934, is a micro nonprofit that reported $57K in total revenue in fiscal year 2019. Expenses of $66K exceeded revenue, resulting in a 15% operating deficit.

Mission

OBJECTS OF THE ORGANIZATION ARE FRATERNAL, PATRIOTIC, HISTORICAL, CHARITABLE AND EDUCATIONAL

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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%)

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $2,174
Program Service Revenue $0
Investment Income $0
Other Revenue $55,310
TOTAL REVENUE $57,484

Expense Breakdown

Grants Paid $0
Salaries & Benefits $12,025
Fundraising Expenses $0
Other Expenses $54,217
TOTAL EXPENSES $66,242

Year-over-Year Comparison

2019 2018 Change
Revenue $57,484 $57,484 N/A
Expenses $66,242 $66,237 +0.0%
Net Income $-8,758 $-8,753 +0.0%
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

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Governance

Voting Members
4
Independent Members
4
Employees
1
Volunteers
3

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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT POOLE QUARTERMASTER 0.00
Officer
$0 $0 $0
RAYMOND DIAZ COMMANDER 0.00
Officer
$0 $0 $0
THOMA R FORKAPA SR VICE COMMANDER 0.00
Officer
$0 $0 $0
DANIEL HUBBARD JR VICE COMMANDER 0.00
Officer
$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
2019 $57,484 $66,242 $1,421 $-8,758
2018 $57,484 $66,237 $1,421 $-8,753
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