Carlyle, IL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Veterans of Foreign Wars Department of Illinois Goldsmith-Terry VFW Post 3523, founded in 1983, is a small nonprofit that reported $152K in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. Expenses of $177K exceeded revenue, resulting in a 17% operating deficit.
Mission of Goldsmith-Terry Post No. 3523, Veterans of Foreign Wars consists of veterans 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.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $152,113 | $164,522 | -0.1% |
| Expenses | $177,431 | $190,650 | -0.1% |
| Net Income | $-25,318 | $-26,128 | 0.0% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| David Beckmann | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| John Barrett | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Michael Voss | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Daniel Wilken | Jr Vice Comm | 1.00 |
Officer
|
$0 | $0 | $0 |
| Richard Schulte | Sr Vice Comm | 3.00 |
Officer
|
$0 | $0 | $0 |
| Gale Gehrs | Quartermaster | 20.00 |
Officer
|
$0 | $0 | $0 |
| Kenneth Goodman | Commander | 20.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $152,113 | $177,431 | $228,544 | $-25,318 |
| 2024 | $164,522 | $190,650 | $256,563 | $-26,128 |
| 2023 | $169,129 | $181,157 | $279,990 | $-12,028 |
| 2022 | $179,861 | $140,779 | $292,018 | $39,082 |
| 2021 | $130,657 | $113,318 | $252,936 | $17,339 |
| 2020 | $111,540 | $101,152 | $235,597 | $10,388 |
Compare Veterans of Foreign Wars Department of Illinois Goldsmith-Terry VFW Post 3523 with other nonprofits in Illinois and across the country.