VETERANS OF FOREIGN WARS POST 985

EIN: 350832744

Goshen, IN

Total Revenue
$183,471
Total Expenses
$196,111
Total Assets
$357,787
Net Assets
$341,965
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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
IN
Phone
5745336460
Tax Period
2022-07-01 to 2023-06-30

VETERANS OF FOREIGN WARS POST 985, founded in 1922, is a small nonprofit that reported $183K in total revenue in fiscal year 2022.

Mission

TO PROVIDE A LOCAL POST FOR VETERANS WHO SERVED OUTSIDE THE STATES DURING THEIR TOUR OF DUTY

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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 (2022)

Revenue Breakdown

Contributions & Grants $26,684
Program Service Revenue $0
Investment Income $1
Other Revenue $156,786
TOTAL REVENUE $183,471

Expense Breakdown

Grants Paid $0
Salaries & Benefits $60,102
Fundraising Expenses $14,586
Other Expenses $136,009
TOTAL EXPENSES $196,111

Year-over-Year Comparison

2022 2021 Change
Revenue $183,471 $190,803 0.0%
Expenses $196,111 $189,304 +0.0%
Net Income $-12,640 $1,499 -9.4%
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
12
Independent Members
12
Employees
5
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
0
$0
Total Directors
17
$0
Key Employees
1
$41,092
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GEORGE BUCKMASTER COMMANDER 20.00
Director
$0 $0 $0
TOBY CROWLEY SR VICE COMMANDER 5.00
Director
$0 $0 $0
JERRY MABIE JR VICE COMMANDER 5.00
Director
$0 $0 $0
CALEB DENNEY QUARTERMASTER 15.00
Director
$0 $0 $0
JEFF SCHROCK ADJUTANT 25.00
Director
$0 $0 $0
JEFF SCHROCK JUDGE ADVOCATE 5.00
Director
$0 $0 $0
JOHN ALHEIM CHAPLAIN 10.00
Director
$0 $0 $0
FRED SCHLORKE SURGEON 5.00
Director
$0 $0 $0
RON PRESSLER OFFICER OF THE DAY 10.00
Director
$0 $0 $0
JIM CHAMPLIN SERVICE OFFICER 6.00
Director
$0 $0 $0
STEVE SCHERMERHORN GUARD 10.00
Director
$0 $0 $0
STEVE SCHERMERHORN TRUSTEE 5.00
Director
$0 $0 $0
BOB PIEKARSKI TRUSTEE 5.00
Director
$0 $0 $0
RON PRESSLER TRUSTEE 5.00
Director
$0 $0 $0
TOBY CROWLEY HOUSE COMMITTEE 5.00
Director
$0 $0 $0
RON PRESSLER HOUSE COMMITTEE 10.00
Director
$0 $0 $0
CALEB DENNEY HOUSE COMMITTEE 5.00
Director
$0 $0 $0
JERRI STUTZMAN CLUB MANAGER 50.00
Key Emp Highest
$41,092 $0 $41,092
DON MALOTT QUARTERMASTER N/A
$0 $0 $0
PHIL WHITEHEAD JUDGE ADVOCATE N/A
$0 $0 $0
JAKE HELLUMS SERVICE OFFICER N/A
$0 $0 $0
JAKE HELLUMS TRUSTEE N/A
$0 $0 $0
DON MALOTT HOUSE COMMITTEE N/A
$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 $183,471 $196,111 $357,787 $-12,640
2022 $190,803 $189,304 $328,434 $1,499
2021 $189,492 $156,386 $411,949 $33,106
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