KNOX COUNTY VFW POST 2257

EIN: 376031780

GALESBURG, IL

Total Revenue
$39,700
Total Expenses
$19,005
Total Assets
$336,432
Net Assets
$336,432
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1931
Principal Officer
WILLIAM TOMLIN
Tax Period
2021-01-01 to 2021-12-31

KNOX COUNTY VFW POST 2257, founded in 1931, is a micro nonprofit that reported $40K in total revenue in fiscal year 2021. Revenue surged 69% from the prior year, signaling strong growth momentum. The organization ran a surplus of $21K, a strong 52% operating margin.

Mission

TO AID AND ASSIST VETERANS AND THEIR FAMILIES IN TIMES OF NEED AND TO PROMOTE THE GENERAL WELFARE OF VETERANS ON KNOX COUNTY, ILLINOIS AND TO PROMOTE PATRIOTISM.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $19,672
Program Service Revenue $0
Investment Income $0
Other Revenue $20,028
TOTAL REVENUE $39,700

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $19,005
TOTAL EXPENSES $19,005

Year-over-Year Comparison

2021 2020 Change
Revenue $39,700 $23,530 +0.7%
Expenses $19,005 N/A N/A
Net Income $20,695 $23,530 -0.1%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
143
Independent Members
N/A
Employees
N/A
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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DEWAYNE GROVES TRUSTEE N/A
Director
$0 $0 $0
JAMES KNUTH TRUSTEE N/A
Director
$0 $0 $0
RICHARD MORRIS TRUSTEE N/A
Director
$0 $0 $0
RICK SHEA COMMANDER N/A
Officer
$0 $0 $0
DONALD TOMLIN ADJUTANT N/A
Officer
$0 $0 $0
WILLIAM TOMLIN QUARTER MAST N/A
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
2021 $39,700 $19,005 $336,432 $20,695
Explore More Nonprofits
→Top 100 Nonprofits in Illinois →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare KNOX COUNTY VFW POST 2257 with other nonprofits in Illinois and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.