VETERANS OF FOREIGN WARS #3281 VFW - INDIANA (EIN 350824649) - 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

1945

Legal Domicile

Principal Officer

THEODORE HEAVRIN

Phone

8129456685

Tax Period

2023-01-01 to 2023-12-31

VETERANS OF FOREIGN WARS #3281 VFW - INDIANA, founded in 1945, is a small nonprofit that reported $229K in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum. The organization ran a surplus of $81K, a strong 35% operating margin.

Mission

THE ORGANIZATION OPERATES A HOME FOR FLOYD COUNTY POST NO.3281,VFW OF FOREIGN WAR MEMBERS.

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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 $153

Program Service Revenue $1,547

Investment Income $1,166

Other Revenue $226,630

TOTAL REVENUE $229,496

Expense Breakdown

Grants Paid $14,582

Salaries & Benefits $51,531

Fundraising Expenses $0

Other Expenses $82,594

TOTAL EXPENSES $148,707

Year-over-Year Comparison

	2023	2022	Change
Revenue	$229,496	$187,089	+0.2%
Expenses	$148,707	$149,753	0.0%
Net Income	$80,789	$37,336	+1.2%

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

336

Independent Members

336

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

$5,100

Total Directors

$5,100

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
THEODORE HEAVRIN	PRESIDENT	20.00	Officer Director	$0	$0	$0
ROBERT TER VREE	SEC/TREASURER	20.00	Officer Director	$5,100	$0	$5,100
MICHAEL CURRY	DIRECTOR	20.00	Director	$0	$0	$0
WILLIAM THIEN	DIRECTOR	20.00	Director	$0	$0	$0
RON GRANGIER	DIRECTOR	20.00	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	No data	No data	No data	No data
2023	$229,496	$148,707	$1,104,623	$80,789
2022	$187,089	$149,753	$1,022,377	$37,336
2021	$178,900	$109,793	$984,126	$69,107
2020	$84,724	$78,272	$914,555	$6,452
2019	$111,372	$133,330	$936,479	$-21,958
2018	$116,417	$129,704	$960,106	$-13,287

VETERANS OF FOREIGN WARS #3281 VFW - INDIANA