Veterans of Foreign Wars Department

EIN: 366145380

WEST CHICAGO, IL

Total Revenue
$44,193
Total Expenses
$51,051
Total Assets
$576,272
Net Assets
$575,114
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1948
Legal Domicile
IL
Principal Officer
Steve Bennier
Tax Period
2021-07-01 to 2022-06-30

Veterans of Foreign Wars Department, founded in 1948, is a micro nonprofit that reported $60K in total revenue in fiscal year 2018. Revenue surged 33% from the prior year, signaling strong growth momentum. Expenses of $71K exceeded revenue, resulting in a 20% operating deficit.

Mission

Veterans Service Organization

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $5,932
Program Service Revenue $0
Investment Income $389
Other Revenue $37,872
TOTAL REVENUE $44,193

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $3,120
Other Expenses $47,931
TOTAL EXPENSES $51,051

Year-over-Year Comparison

2021 2020 Change
Revenue $44,193 $5,521 +7.0%
Expenses $51,051 $41,618 +0.2%
Net Income $-6,858 $-36,097 -0.8%
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

Sign In

Governance

Voting Members
5
Independent Members
5
Employees
2
Volunteers
21

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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Steve Bennier President 25.00
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
2022 $44,193 $51,051 $576,272 $-6,858
2021 $5,521 $41,618 $582,690 $-36,097
2020 $32,907 $60,851 $616,536 $-27,944
2019 $59,667 $71,396 $659,441 $-11,729
Explore More Nonprofits
→Top 100 Nonprofits in Illinois →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare Veterans of Foreign Wars Department with other nonprofits in Illinois and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.