Veterans of Foreign Wars

EIN: 370636359 Public & Societal Benefit

Anna, IL

Total Revenue
$189,426
Total Expenses
$188,989
Total Assets
$180,885
Net Assets
$179,669
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
IL
Principal Officer
Clifford Haddick
Phone
6188335182
Tax Period
2023-07-01 to 2024-06-30

Veterans of Foreign Wars, founded in 2005, is a small nonprofit in the Public & Societal Benefit sector that reported $189K in total revenue in fiscal year 2023. Revenue surged 26% from the prior year, signaling strong growth momentum.

Mission

To preserve and strengthen comradeship among its members; to assist worthy comrades; to perpetuate the memory and history of our dead, and to assist their widows & orphans; to maintain allegiance and fidelity to the Government of the United States.

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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 (2023)

Revenue Breakdown

Contributions & Grants $32,854
Program Service Revenue $80,418
Investment Income $4,102
Other Revenue $72,052
TOTAL REVENUE $189,426

Expense Breakdown

Grants Paid $1,724
Salaries & Benefits $57,356
Fundraising Expenses $0
Program Expenses $106,083
Other Expenses $129,909
TOTAL EXPENSES $188,989

Year-over-Year Comparison

2023 2022 Change
Revenue $189,426 $150,096 +0.3%
Expenses $188,989 $179,038 +0.1%
Net Income $437 $-28,942 -1.0%
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

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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
230
Independent Members
230
Employees
4
Volunteers
25

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
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Clifford M Haddick COMMANDER 5.00
Officer
$0 $0 $0
Joshua E Collins SR VICE COMMANDER 5.00
Officer
$0 $0 $0
John P Bosecker JR VICE COMMANDER 5.00
Officer
$0 $0 $0
Charles W Neal Jr QUATERMASTER 5.00
Officer
$0 $0 $0
JAMES D HALL CHAPLAIN 5.00
Officer
$0 $0 $0
Weldon Davis TRUSTEE 1.00
Director
$0 $0 $0
Terry D Riley TRUSTEE 1.00
Director
$0 $0 $0
Terry L Shadowens TRUSTEE 1.00
Director
$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
2024 $189,426 $188,989 $180,885 $437
2022 $125,835 $170,573 $189,995 $-44,738
2021 $102,438 $125,963 $249,623 $-23,525
2020 $117,111 $147,664 $256,815 $-30,553
2019 $125,958 $176,386 $288,930 $-50,428
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