Frank Strayer VFW Post 1587

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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

1955

Legal Domicile

Principal Officer

CARL COURTNEY

Tax Period

2023-07-01 to 2024-06-30

Frank Strayer VFW Post 1587, founded in 1955, is a small nonprofit that reported $236K in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year.

Mission

Taking care of veterans and promoting famlies and the community with donations as needed.

Program Service Accomplishments

Program 1

Expenses: $13,000

Grant to Indiana Univeristy for research functions

Program 2

Expenses: $5,000

Grant to Cardinal Ritter for local educational activities

Program 3

Expenses: $4,356

Grant to National VFW for National activites

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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 $6,669

Program Service Revenue $0

Investment Income $40

Other Revenue $228,882

TOTAL REVENUE $235,591

Expense Breakdown

Grants Paid $0

Salaries & Benefits $49,446

Fundraising Expenses $0

Program Expenses $22,356

Other Expenses $186,114

TOTAL EXPENSES $235,560

Year-over-Year Comparison

	2023	2022	Change
Revenue	$235,591	$257,108	-0.1%
Expenses	$235,560	$241,923	0.0%
Net Income	$31	$15,185	-1.0%

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

Total Directors

$8,276

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LAURA MCKEE	Commander	10.00	Director	$0	$0	$0
MICAEL MEAD	Sr Vice Commander	10.00	Director	$0	$0	$0
WILLIAM JONES	Jr Vice Commander	10.00	Director	$0	$0	$0
CARL COURTNEY	Quartermaster	25.00	Director	$4,853	$0	$4,853
JASMINE PETTIFORD	Chaplin	10.00	Director	$0	$0	$0
BRENDAN CANNADAY	Advocate	10.00	Director	$3,423	$0	$3,423
ANDREW YELEY	Surgeon	10.00	Director	$0	$0	$0
CHRISTINA SHEPARD	1Yr Trustee	10.00	Director	$0	$0	$0
GART STEIN	2Yr Trustee	10.00	Director	$0	$0	$0
LARRY PATCH	3rd Yr Trustee	25.00	Director	$0	$0	$0
DAVID BARNES	Adjutant	10.00	Director	$0	$0	$0
SHEENA LINVILLE	Service Officer	10.00	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
2025	No data	No data	No data	No data
2024	$235,591	$235,560	$357,716	$31
2022	$356,679	$306,946	$208,588	$49,733
2022	$356,679	$306,946	$208,588	$49,733
2021	$327,887	$251,263	$158,855	$76,624
2020	$242,242	$257,665	$147,010	$-15,423