VETERANS OF FOREIGN WARS DEPT OF

EIN: 381659499

ATHENS, MI

Total Revenue
$205,726
Total Expenses
$192,549
Total Assets
$86,895
Net Assets
$86,895
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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
MI
Principal Officer
SCOTT HOLMES
Tax Period
2023-07-01 to 2024-06-30

VETERANS OF FOREIGN WARS DEPT OF, founded in 1946, is a small nonprofit that reported $206K in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $193K left a modest 6% surplus.

Mission

TO PROVIDE SERVICES, ACTIVITIES, AND A MEETING PLACE FOR VETERANS

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $4,433
Program Service Revenue $177,148
Investment Income $1,010
Other Revenue $23,135
TOTAL REVENUE $205,726

Expense Breakdown

Grants Paid $1,220
Salaries & Benefits $54,059
Fundraising Expenses $0
Program Expenses $8,632
Other Expenses $136,798
TOTAL EXPENSES $192,549

Year-over-Year Comparison

2023 2022 Change
Revenue $205,726 $183,914 +0.1%
Expenses $192,549 $172,961 +0.1%
Net Income $13,177 $10,953 +0.2%
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

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Governance

Voting Members
114
Independent Members
114
Employees
7
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
6
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRAD PRATER ADJUTANT 8.00
Officer
$0 $0 $0
RON BRAND CHAPLAIN 4.00
Officer
$0 $0 $0
SCOTT CLINE SR VICE COMMANDER 2.00
Officer
$0 $0 $0
SCOTT HOLMES COMMANDER 8.00
Officer
$0 $0 $0
DAVID YOUNG QUARTERMASTER 8.00
Officer
$0 $0 $0
ERIC MATTSON JR VICE COMMANDER 8.00
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 No data No data No data No data
2024 $205,726 $192,549 $86,895 $13,177
2023 $183,914 $172,961 $69,808 $10,953
2022 $184,715 $179,995 $62,213 $4,720
2021 $156,262 $143,969 $48,728 $12,293
2020 $132,736 $136,137 $47,541 $-3,401
2019 $161,799 $153,562 $58,041 $8,237
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