Veterans of Foreign Wars #261

EIN: 356067986

Indianapolis, IN

Total Revenue
$74,742
Total Expenses
$81,610
Total Assets
$187,126
Net Assets
$183,988
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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
1983
Legal Domicile
IN
Principal Officer
John L Lyman
Phone
3178230481
Tax Period
2024-05-01 to 2025-04-30

Veterans of Foreign Wars #261, founded in 1983, is a micro nonprofit that reported $75K in total revenue in fiscal year 2024. Revenue fell 30% from the prior year — a significant decline worth monitoring. Net assets of $184K represent 30 months of operating reserves.

Mission

Veterans 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 (2024)

Revenue Breakdown

Contributions & Grants $13,326
Program Service Revenue $0
Investment Income $0
Other Revenue $61,416
TOTAL REVENUE $74,742

Expense Breakdown

Grants Paid $17,186
Salaries & Benefits $33,405
Fundraising Expenses $0
Program Expenses $73,431
Other Expenses $31,019
TOTAL EXPENSES $81,610

Year-over-Year Comparison

2024 2023 Change
Revenue $74,742 $106,770 -0.3%
Expenses $81,610 $99,415 -0.2%
Net Income $-6,868 $7,355 -1.9%
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
174
Independent Members
174
Employees
6
Volunteers
30

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
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
James Stone Commander 20.00
Officer
$0 $0 $0
Michael Jordan Quartermaster 25.00
Officer
$0 $0 $0
Jon Dyar Senior Vice Cmdr 15.00
Officer
$0 $0 $0
Gary Riggs Jr Junior Vice Cmdr 8.00
Officer
$0 $0 $0
Timothy Rivers Chaplain 5.00
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
2025 $74,742 $81,610 $187,126 $-6,868
2024 $106,770 $99,415 $198,586 $7,355
2023 $81,887 $82,247 $186,021 $-360
2022 $77,652 $80,223 $185,152 $-2,571
2021 $85,243 $75,692 $188,102 $9,551
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