Walterick Hemme Post No 3035 Veterans of Foreign Wars of the US (EIN 346609672) - 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

1969

Legal Domicile

Principal Officer

Keith E Harman

Phone

4192036883

Tax Period

2024-01-01 to 2024-12-31

Walterick Hemme Post No 3035 Veterans of Foreign Wars of the US, founded in 1969, is a small nonprofit that reported $355K in total revenue in fiscal year 2024. Revenue grew 20% year-over-year, indicating healthy expansion. Expenses of $303K left a modest 15% surplus.

Mission

Provide services to 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 $11,224

Program Service Revenue $0

Investment Income $2,979

Other Revenue $340,360

TOTAL REVENUE $354,563

Expense Breakdown

Grants Paid $0

Salaries & Benefits $173,237

Fundraising Expenses $0

Other Expenses $129,483

TOTAL EXPENSES $302,720

Year-over-Year Comparison

	2024	2023	Change
Revenue	$354,563	$296,380	+0.2%
Expenses	$302,720	$287,737	+0.1%
Net Income	$51,843	$8,643	+5.0%

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

Governance

Voting Members

Independent Members

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

$2,998

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Keith E Harman	Quartermaster	20.00	Officer	$2,400	$0	$2,400
Andrew Munshower	Commander	5.00	Officer	$598	$0	$598
Nicholas Dershem	Trustee/Surgeon	1.00	Director	$0	$0	$0
David Mahlie	Trustee	1.00	Director	$0	$0	$0
Richard Schuck	Trustee	1.00	Director	$0	$0	$0
Jim Weeden	Sr Vice Command	5.00	Officer	$0	$0	$0
Debra Berg-Simon	Service Officer	5.00	Officer	$0	$0	$0
Michael L Hughes	Chaplain/Adjuta	3.00	Officer	$0	$0	$0
Shannon L Wagoner	Jr Vice Command	6.00	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
2024	$354,563	$302,720	$563,979	$51,843
2023	$296,380	$287,737	$509,168	$8,643
2022	$469,592	$326,254	$505,558	$143,338
2021	$215,043	$247,024	$370,450	$-31,981
2020	$180,134	$193,592	$407,520	$-13,458
2019	$223,325	$254,672	$402,467	$-31,347
2018	$212,066	$206,341	$433,814	$5,725

Walterick Hemme Post No 3035 Veterans of Foreign Wars of the US