HOPEDALE VETERANS INC

EIN: 346607406

HOPEDALE, OH

Total Revenue
$185,744
Total Expenses
$173,429
Total Assets
$210,477
Net Assets
$210,477
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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
1950
Legal Domicile
OH
Principal Officer
VJ BEADING
Phone
7049379995
Tax Period
2023-01-01 to 2023-12-31

HOPEDALE VETERANS INC, founded in 1950, is a small nonprofit that reported $186K in total revenue in fiscal year 2023. Revenue surged 31% from the prior year, signaling strong growth momentum. Expenses of $173K left a modest 7% surplus.

Mission

RAISE FUNDS FOR NEEDY VETERANS AND THEIR FAMILIES, MILITARY FUNERALS & COMMUNITY FUNCTIONS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $28,282
Program Service Revenue $0
Investment Income $744
Other Revenue $156,718
TOTAL REVENUE $185,744

Expense Breakdown

Grants Paid $37,832
Salaries & Benefits $20,632
Fundraising Expenses $0
Other Expenses $114,965
TOTAL EXPENSES $173,429

Year-over-Year Comparison

2023 2022 Change
Revenue $185,744 $141,760 +0.3%
Expenses $173,429 $134,799 +0.3%
Net Income $12,315 $6,961 +0.8%
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
85
Independent Members
85
Employees
7
Volunteers
10

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
7
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANDREW ATKINS CHAPLIN N/A
Officer
$0 $0 $0
VJ BEADING PAST COMMAND N/A
Officer
$0 $0 $0
RICK BLAIR COMMANDER N/A
Officer
$0 $0 $0
FRANK DIBENEDETTO FINANCE OFFI N/A
Officer
$0 $0 $0
TRISH LARGENT 1ST VICE N/A
Officer
$0 $0 $0
DAVE PORTER TRUSTEE N/A
Officer
$0 $0 $0
BRIAN ZACK ADUJANT N/A
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
2024 No data No data No data No data
2023 $185,744 $173,429 $210,477 $12,315
2022 $141,760 $134,799 $198,162 $6,961
2021 $173,802 $133,453 $198,421 $40,349
2020 $131,319 $123,319 $172,812 $8,000
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