VETERANS OF FOREIGN WARS OF US4005

EIN: 382050061

CORUNNA, MI

Total Revenue
$105,944
Total Expenses
$99,630
Total Assets
$59,131
Net Assets
$59,538
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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
1962
Legal Domicile
MI
Principal Officer
HEIDI RAGON
Phone
9897435015
Tax Period
2020-07-01 to 2021-06-30

VETERANS OF FOREIGN WARS OF US4005, founded in 1962, is a small nonprofit that reported $106K in total revenue in fiscal year 2020. Expenses of $100K left a modest 6% surplus.

Mission

ASSISTANCE TO VETERANS AND YOUTH IN THE SHIAWASSEE COUNTY AREA BY HELPING THE NEEDY, GIVING SCHOLARSHIPS TO YOUTH, AND EDUCATING THE COMMUNITY ON FRATERNAL, PATRIOTIC, AND HISTORICAL EVENTS.

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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 (2020)

Revenue Breakdown

Contributions & Grants $3,014
Program Service Revenue $101,636
Investment Income $0
Other Revenue $1,294
TOTAL REVENUE $105,944

Expense Breakdown

Grants Paid $317
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $99,313
TOTAL EXPENSES $99,630

Year-over-Year Comparison

2020 2019 Change
Revenue $105,944 $101,556 +0.0%
Expenses $99,630 $102,491 0.0%
Net Income $6,314 $-935 -7.8%
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
5
Independent Members
5
Employees
N/A
Volunteers
26

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
5
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HEIDI RAGON QUARTERMASTE 10.00
Officer Director
$0 $0 $0
MICHAEL RAGON TRUSTEE 5.00
Officer Director
$0 $0 $0
LAWERANCE SCRIPTER TRUSTEE 5.00
Officer Director
$0 $0 $0
FRED BLAIR POST COMMAND 20.00
Officer
$0 $0 $0
WILLIAM BLANCHETT TRUSTEE 5.00
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
2021 $105,944 $99,630 $59,131 $6,314
2020 $101,556 $102,491 $53,167 $-935
2019 $131,076 $113,921 $54,403 $17,155
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