OTSEGO POST NO 3030 VETERANS OF FO… - Form 990 Financial Data

🔒

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

Financial Trends

Organization Details

Formation Year

1979

Legal Domicile

Principal Officer

JASON MACE

Phone

2696944615

Tax Period

2023-07-01 to 2024-06-30

OTSEGO POST NO 3030 VETERANS OF FOREIGN WARS OF THE USA, founded in 1979, is a micro nonprofit that reported $78K in total revenue in fiscal year 2023. Revenue decreased 19% compared to the prior year. Expenses of $86K exceeded revenue, resulting in a 11% operating deficit.

Mission

TO ASSIST ITS MEMBERS AND PRESERVE AND DEFEND THE USA.

Program Service Accomplishments

Program 1

FOSTER PATRIOTISM, PRESERVE AND STRENGTHEN COMRADESHIP AMONG MEMBERS, PERPETUATE THE MEMORY AND HISTORY OF OUR DEAD AND ASSIST THEIR WIDOWS.

🔒

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $31,918

Program Service Revenue $0

Investment Income $357

Other Revenue $45,934

TOTAL REVENUE $78,209

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,089

Fundraising Expenses $0

Other Expenses $82,399

TOTAL EXPENSES $86,488

Year-over-Year Comparison

	2023	2022	Change
Revenue	$78,209	$96,985	-0.2%
Expenses	$86,488	$118,530	-0.3%
Net Income	$-8,279	$-21,545	-0.6%

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

Governance

Voting Members

Independent Members

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
KEN ALDERMAN	JR VICE COMM	5.00	Director	$0	$0	$0
RON BURRSETT	SR VICE COMM	5.00	Director	$0	$0	$0
KRIS LATHER	COMMANDER	10.00	Director	$0	$0	$0
JASON MACE	QUARTERMASTE	10.00	Officer 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	$78,209	$86,488	$163,340	$-8,279
2023	$96,985	$118,530	$171,540	$-21,545
2022	$77,067	$86,914	$193,130	$-9,847
2021	$69,181	$64,238	$202,934	$4,943
2020	$65,428	$84,798	$197,505	$-19,370
2019	$83,040	$95,518	$217,281	$-12,478

OTSEGO POST NO 3030 VETERANS OF FOREIGN WARS OF THE USA