Lansing, MI
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 Michigan, founded in 1948, is a community nonprofit that reported $1.7M in total revenue in fiscal year 2024. Revenue decreased 18% compared to the prior year. Expenses of $2.0M exceeded revenue, resulting in a 20% operating deficit.
Fraternal, patriotic, historical and educational service to veterans and their dependents. To promote programs that are fraternal and charitable in the nature in compliance with VFW objectives. To operate a camp for children.
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 | $1,709,425 | $2,089,946 | -0.2% |
| Expenses | $2,043,153 | $2,316,165 | -0.1% |
| Net Income | $-333,728 | $-226,219 | +0.5% |
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 |
|---|---|---|---|---|---|---|
| Kimberly Napoleon | Commander | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Reinold Yahnka | Jr. Vice Comm | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Larry Thayer | Jr. Vice Comm | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Barry Walter | Adjutant/Quatermast | 40.00 |
Officer
Director
|
$55,016 | $0 | $55,016 |
| Terry Kunst | Chaplain | 1.00 |
Director
|
$0 | $0 | $0 |
| Benjamin Light | Surgeon | 1.00 |
Director
|
$0 | $0 | $0 |
| Thomas Webber | Judge Advocate | 1.00 |
Director
|
$0 | $0 | $0 |
| Matthew David | Chief Staff | 1.00 |
Director
|
$0 | $0 | $0 |
| William Ogden | Inspector | 1.00 |
Director
|
$0 | $0 | $0 |
| Ray Lopez | Past Dept. Commander | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Kevin Conklin | Nat Council of Admin | 1.00 |
Director
|
$0 | $0 | $0 |
| Tracy Nagy | District 4 | 1.00 |
Director
|
$0 | $0 | $0 |
| Jon Adams | District 5 | 1.00 |
Director
|
$0 | $0 | $0 |
| Clint Ward | District 6 | 1.00 |
Director
|
$0 | $0 | $0 |
| Scott Holmes | District 7 | 1.00 |
Director
|
$0 | $0 | $0 |
| Leonard Boston | District 8 | 1.00 |
Director
|
$0 | $0 | $0 |
| Aaron McClung | District 9 | 1.00 |
Director
|
$0 | $0 | $0 |
| Fred Vantroostenberghe | District 10 | 1.00 |
Director
|
$0 | $0 | $0 |
| Scott Taylor | District 11 | 1.00 |
Director
|
$0 | $0 | $0 |
| Max Riekse | District 12 | 1.00 |
Director
|
$0 | $0 | $0 |
| Derek Braun | District 13 | 1.00 |
Director
|
$0 | $0 | $0 |
| Dean Maki | District 14 | 1.00 |
Director
|
$0 | $0 | $0 |
| Arthur Kreivi | District 15 | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $1,709,425 | $2,043,153 | $1,880,742 | $-333,728 |
| 2024 | $2,089,946 | $2,316,165 | $2,149,472 | $-226,219 |
| 2023 | $2,422,877 | $2,485,505 | $2,297,112 | $-62,628 |
| 2022 | $1,962,824 | $2,092,797 | $3,020,634 | $-129,973 |
| 2021 | $1,992,508 | $1,744,840 | $3,127,027 | $247,668 |
| 2020 | $1,803,516 | $1,732,988 | $2,841,701 | $70,528 |
Compare Veterans of Foreign Wars Department of Michigan with other nonprofits in Michigan and across the country.