VETERANS OF FOREIGN WARS DEPARTMENT OF ILLINOIS (EIN 370841333) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1946

Legal Domicile

Phone

6184435851

Tax Period

2024-07-01 to 2025-06-30

VETERANS OF FOREIGN WARS DEPARTMENT OF ILLINOIS, founded in 1946, is a small nonprofit that reported $235K in total revenue in fiscal year 2024. Revenue surged 31% from the prior year, signaling strong growth momentum. Net assets of $781K represent 40 months of operating reserves.

Mission

PROMOTE BENEVOLENT AND PATRIOTIC PURPOSES

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $8,177

Program Service Revenue $0

Investment Income $4,092

Other Revenue $222,557

TOTAL REVENUE $234,826

Expense Breakdown

Grants Paid $4,148

Salaries & Benefits $113,093

Fundraising Expenses $0

Program Expenses $12,193

Other Expenses $124,316

TOTAL EXPENSES $249,602

Year-over-Year Comparison

	2024	2023	Change
Revenue	$234,826	$178,918	+0.3%
Expenses	$249,602	$217,224	+0.1%
Net Income	$-14,776	$-38,306	-0.6%

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

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

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
GARY STORK	TRUSTEE	5.00	Director	$0	$0	$0
DAN J VIZE	TRUSTEE	5.00	Director	$0	$0	$0
CYLDE D TOBIN	TRUSTEE	5.00	Director	$0	$0	$0
WILLIAM E MILLER	CHAPLAIN	5.00	Officer	$0	$0	$0
KENNETH EDDY	COMMANDER	5.00	Officer	$0	$0	$0
PATRICK KELLER	SENIOR VICE COMMANDER	5.00	Officer	$0	$0	$0
DAN J VIZE	SERVICE OFFICER	5.00	Officer	$0	$0	$0
WILLIAM L EPPLIN	QUARTERMASTERSURGEON	20.00	Officer	$0	$0	$0
BRAD HAURY	JUNIOR VICE COMMANDERADJUTANT	5.00	Officer	$0	$0	$0
MATTHEW M MIHELCIC	JUDGE ADVOCATE	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	$234,826	$249,602	$782,065	$-14,776
2024	$178,918	$217,224	$789,762	$-38,306
2023	$192,668	$198,980	$829,679	$-6,312
2022	$238,644	$201,277	$861,638	$37,367
2021	$184,854	$162,891	$818,155	$21,963

VETERANS OF FOREIGN WARS DEPARTMENT OF ILLINOIS