Veterans of Foreign Wars Department (EIN 362108075) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1946

Legal Domicile

Principal Officer

Ernest J Errico

Phone

8158381066

Tax Period

2024-07-01 to 2025-06-30

Veterans of Foreign Wars Department, founded in 1946, is a small nonprofit that reported $289K in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion.

Mission

Participating in local community events sponsoring Americanism projects for flag flying, placing flags on graves on Memorial Day and participating in local parades. Also, visit veterans in veteran hospitals and homes.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $4,989

Program Service Revenue $0

Investment Income $12

Other Revenue $283,961

TOTAL REVENUE $288,962

Expense Breakdown

Grants Paid $6,811

Salaries & Benefits $141,071

Fundraising Expenses $0

Other Expenses $160,784

TOTAL EXPENSES $308,666

Year-over-Year Comparison

	2024	2023	Change
Revenue	$288,962	$251,632	+0.1%
Expenses	$308,666	$259,322	+0.2%
Net Income	$-19,704	$-7,690	+1.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Robert E McLeod	Judge Advocate	001.00	Director	$0	$0	$0
John J PIcciolo	Service Officer	001.00	Director	$0	$0	$0
Spiro S Hayes	Chaplain	001.00	Director	$0	$0	$0
Kenneth R Dorion	1Yr Trustee	001.00	Director	$0	$0	$0
Nicholas Smith	3Yr Trustee	001.00	Director	$0	$0	$0
Timothy A Getty	2Yr Trustee	001.00	Director	$0	$0	$0
Arthur D Jacobs	Surgeon	001.00	Director	$0	$0	$0
Keith Eichorst	Adjutant	002.00	Officer	$0	$0	$0
Richard R Johnson	Junior Vice Commander	004.00	Officer	$0	$0	$0
Mark W Bowman	Senior Vice Commander	004.00	Officer	$0	$0	$0
Ernest J Errico	Commander	030.00	Officer	$0	$0	$0
John T Kyle	Quartermaster	008.00	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	$288,962	$308,666	$416,559	$-19,704
2024	$251,632	$259,322	$431,992	$-7,690
2023	$278,186	$253,011	$440,653	$25,175
2022	$298,285	$247,940	$417,540	$50,345
2021	$254,209	$217,429	$384,665	$36,780
2020	$202,407	$191,458	$352,905	$10,949

Veterans of Foreign Wars Department