Veterans of Foreign Wars No 755 Lafor Lock Post (EIN 370904895) - 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

Principal Officer

Joshua Seed

Tax Period

2023-07-01 to 2024-06-30

Veterans of Foreign Wars No 755 Lafor Lock Post is a small nonprofit that reported $116K in total revenue in fiscal year 2023. Revenue decreased 16% compared to the prior year. The organization ran a surplus of $20K, a strong 17% operating margin.

Mission

Provide veteran support, community services and patriotic awareness.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $27

Other Revenue $116,012

TOTAL REVENUE $116,039

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $70,146

Other Expenses $96,036

TOTAL EXPENSES $96,036

Year-over-Year Comparison

	2023	2022	Change
Revenue	$116,039	$138,887	-0.2%
Expenses	$96,036	$138,977	-0.3%
Net Income	$20,003	$-90	-223.3%

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	Role	Reportable Comp	Other Comp	Total
Donald VanEtten	Quartermaster	Director	$0	$0	$0
Joshua Seed	Commander	Director	$0	$0	$0
Friedrich Carroll Sr	Sr. V-Commander	Director	$0	$0	$0
Jesse Budd Jr	Jr. V-Commander	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
2025	No data	No data	No data	No data
2024	$116,039	$96,036	$209,402	$20,003
2023	$138,054	$138,977	$199,184	$-923
2022	$72,068	$75,934	$205,107	$-3,866
2021	$75,381	$94,798	$208,970	$-19,417
2020	$86,865	$101,262	$213,604	$-14,397
2019	$92,552	$89,197	$228,001	$3,355

Veterans of Foreign Wars No 755 Lafor Lock Post