VETERANS OF FOREIGN WARS JOHN H KRAUS P

EIN: 370621117

BLOOMINGTON, IL

Total Revenue
$417,584
Total Expenses
$330,596
Total Assets
$1,635,238
Net Assets
$1,632,971
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1920
Legal Domicile
IL
Principal Officer
SAME AS C ABOVE
Phone
3098279733
Tax Period
2024-07-01 to 2025-06-30

VETERANS OF FOREIGN WARS JOHN H KRAUS P, founded in 1920, is a small nonprofit that reported $418K in total revenue in fiscal year 2024. The organization ran a surplus of $87K, a strong 21% operating margin.

Mission

VETERAN'S ADVOCACY, HISTORICAL EDUCATION AND COMMEMORATION, ENCOURAGING NATIONAL SECURITY THROUGH SUPPORT OF OUR NATION'S MEN AND WOMEN IN UNIFORM, PROMOTING GOOD CITIZENSHIP AND COMMUNITY SERVICE, ENCOURAGING AMERICA'S YOUTH TO EXCEL IN ATHLETICS, COMMUNITY SERVICE AND ACADEMICS, FACILITATING DIRECT ASSISTANCE TO NEEDY MILITARY PERSONNEL AND THEIR FAMILIES AND TO VETERANS AND SUPPORTING ACTIONS AND ACTIVITIES THAT FURTHER THESE MISSIONS AND PROMOTE THE SOCIAL WELL BEING OF VETERANS AND THEIR FAMILIES.

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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 $0
Program Service Revenue $87,467
Investment Income $28,897
Other Revenue $301,220
TOTAL REVENUE $417,584

Expense Breakdown

Grants Paid $0
Salaries & Benefits $153,418
Fundraising Expenses $0
Other Expenses $177,178
TOTAL EXPENSES $330,596

Year-over-Year Comparison

2024 2023 Change
Revenue $417,584 $391,939 +0.1%
Expenses $330,596 $368,671 -0.1%
Net Income $86,988 $23,268 +2.7%
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

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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
11
Independent Members
N/A
Employees
12
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
5
$41,735
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LOUIS W BROWN MEMBER 3.00
Director
$0 $0 $0
DENNIS H MEEKS MEMBER 3.00
Director
$0 $0 $0
GAREY BRENT WICK MEMBER 3.00
Director
$0 $0 $0
BARRY T CONDER MEMBER 3.00
Director
$0 $0 $0
WILLIAM READ MEMBER 3.00
Director
$0 $0 $0
KEITH E THROOP MEMBER 3.00
Director
$0 $0 $0
TRAVIS A WHEET COMMANDER 10.00
Officer
$0 $0 $0
JIMMIE D WATERS QUARTERMASTER 60.00
Officer
$41,735 $0 $41,735
DONALD W CROP SR VICE COMMANDER 5.00
Officer
$0 $0 $0
DAVID R LONG JR VICE COMMANDER 5.00
Officer
$0 $0 $0
DANIEL L RUSSELL ADJUTANT 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 $417,584 $330,596 $1,635,238 $86,988
2024 $391,939 $368,671 $1,555,583 $23,268
2023 $324,766 $327,319 $1,528,358 $-2,553
2022 $295,496 $299,337 $1,527,476 $-3,841
2021 $266,308 $255,229 $1,530,380 $11,079
2020 $246,002 $345,265 $1,544,700 $-99,263
2019 $344,588 $355,461 $1,618,931 $-10,873
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