VETERANS OF FOREIGN WARS DEPARTMENT (EIN 376049680) - 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

2178924560

Tax Period

2024-07-01 to 2025-06-30

VETERANS OF FOREIGN WARS DEPARTMENT, founded in 1946, is a small nonprofit in the Public & Societal Benefit sector that reported $161K in total revenue in fiscal year 2024. Revenue fell 24% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $58K, a strong 36% operating margin.

Mission

PROVIDING SERVICE AND SUPPORT TO VETERANS AND ACTIVE DUTY MILITARY, PROVIDING EDUCATIONAL SCHOLARSHIPS AND COMMUNITY SERVICE

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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 $77,349

Program Service Revenue $81,351

Investment Income $196

Other Revenue $2,291

TOTAL REVENUE $161,187

Expense Breakdown

Grants Paid $0

Salaries & Benefits $49,588

Fundraising Expenses $0

Program Expenses $103,636

Other Expenses $54,048

TOTAL EXPENSES $103,636

Year-over-Year Comparison

	2024	2023	Change
Revenue	$161,187	$211,093	-0.2%
Expenses	$103,636	$119,207	-0.1%
Net Income	$57,551	$91,886	-0.4%

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

Employees

Volunteers

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
PAUL HAINES	CHAPLIN	5.00	Officer	$0	$0	$0
RICH FRANZEN	COMMANDER	5.00	Officer	$0	$0	$0
JOHN JOHNSON	JUNIOR VICE COMMANDER	5.00	Officer	$0	$0	$0
STEVE CARPENTER	SENIOR VICE COMMANDER	5.00	Officer	$0	$0	$0
COLLIN KOPMAN	QUARTERMASTER	2.00	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	$161,187	$103,636	$167,317	$57,551
2018	$65,119	$97,706	$41,112	$-32,587

VETERANS OF FOREIGN WARS DEPARTMENT