VETERANS OF FOREIGN WARS DEPT OF IL POST 1461 (EIN 366145300) - 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

2012

Legal Domicile

Principal Officer

BERNADETTE BLAND

Phone

8155442014

Tax Period

2024-07-01 to 2025-06-30

VETERANS OF FOREIGN WARS DEPT OF IL POST 1461, founded in 2012, is a small nonprofit that reported $275K in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $263K left a modest 4% surplus.

Mission

TO PROVIDE PATRIOTIC, SOCIAL AND RECREATIONAL ACTIVITIES FOR MEMBERS AND THEIR FAMILIES AS WELL AS PARTICIPATING IN COMMUNITY AFFAIRS. TO FOSTER CAMARADERIE AMONG UNITED STATES VETERANS OF OVERSEAS CONFLICTS. TO SERVE OUR VETERANS, THE MILITARY, AND OUR COMMUNITIES. TO ADVOCATE ON BEHALF OF ALL VETERANS. TO ENSURE THAT VETERANS ARE RESPECTED FOR THEIR SERVICE, ALWAYS RECEIVE THEIR EARNED ENTITLEMENTS, AND ARE RECOGNIZED FOR THE SACRIFICES THEY AND THEIR LOVED ONES HAVE MADE ON BEHALF OF THIS GREAT COUNTRY.

🔒

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 $33,981

Program Service Revenue $169,818

Investment Income $5

Other Revenue $71,196

TOTAL REVENUE $275,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $133,034

Fundraising Expenses $0

Other Expenses $129,925

TOTAL EXPENSES $262,959

Year-over-Year Comparison

	2024	2023	Change
Revenue	$275,000	$230,513	+0.2%
Expenses	$262,959	$259,005	+0.0%
Net Income	$12,041	$-28,492	-1.4%

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

N/A

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BERNADETTE BLAND	COMMANDER	N/A	Officer	$0	$0	$0
ROB BLAND	SECRETARY/TR	N/A	Officer	$0	$0	$0
GREGORY KELM	VICE PRESIDE	N/A	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	$275,000	$262,959	$57,273	$12,041
2024	$230,513	$259,005	$45,232	$-28,492
2023	$254,453	$260,019	$73,724	$-5,566
2022	$228,274	$228,905	$79,290	$-631
2021	$173,984	$182,981	$79,921	$-8,997
2020	$196,760	$217,308	$88,918	$-20,548
2019	$299,703	$294,327	$109,466	$5,376

VETERANS OF FOREIGN WARS DEPT OF IL POST 1461