Veterans of Foreign Wars Post 1472

EIN: 351069610

Liberty, IN

Total Revenue
$28,262
Total Expenses
$23,418
Total Assets
$336,220
Net Assets
$336,220
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1926
Legal Domicile
IN
Tax Period
2023-01-01 to 2023-12-31

Veterans of Foreign Wars Post 1472, founded in 1926, is a micro nonprofit that reported $28K in total revenue in fiscal year 2023. Revenue decreased 17% compared to the prior year. The organization ran a surplus of $5K, a strong 17% operating margin.

Mission

Veterans fraternal organization.

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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 $1
Program Service Revenue $0
Investment Income $0
Other Revenue $28,261
TOTAL REVENUE $28,262

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,317
Fundraising Expenses $0
Program Expenses $23,418
Other Expenses $21,592
TOTAL EXPENSES $23,418

Year-over-Year Comparison

2023 2022 Change
Revenue $28,262 $34,223 -0.2%
Expenses $23,418 $24,950 -0.1%
Net Income $4,844 $9,273 -0.5%
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
74
Independent Members
74
Employees
1
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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ken Frame Quartermaster 20.00
Officer
$0 $0 $0
William Elliot Jr Vice Commander 10.00
Officer
$0 $0 $0
Jeff Mathews Adjutant 10.00
Officer
$0 $0 $0
Robert Myers Commander 20.00
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 No data No data No data No data
2023 $28,262 $23,418 $336,220 $4,844
2022 $34,223 $24,950 $331,376 $9,273
2021 $44,235 $25,753 $322,103 $18,482
2021 $44,235 $25,753 $322,103 $18,482
2020 $64,202 $35,040 $303,621 $29,162
2019 $59,717 $37,388 $275,128 $22,329
2018 $68,495 $57,039 $252,799 $11,456
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