VETERANS OF FOREIGN WARS DEPT OF DIST 12 3256 WHITE LAKE

EIN: 386142491

MONTAGUE, MI

Total Revenue
$211,635
Total Expenses
$197,253
Total Assets
$88,963
Net Assets
$48,392
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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
1967
Legal Domicile
MI
Principal Officer
BRENT FOSTER
Phone
2318946064
Tax Period
2023-01-01 to 2023-12-31

VETERANS OF FOREIGN WARS DEPT OF DIST 12 3256 WHITE LAKE, founded in 1967, is a small nonprofit that reported $212K in total revenue in fiscal year 2023. Revenue surged 60% from the prior year, signaling strong growth momentum. Expenses of $197K left a modest 7% surplus.

Mission

ENABLE POST TO PAY FOR COMMUNITY SERVICES PROJECTS AND PROVIDE A PLACE WHERE VETERANS CAN MEET FOR COMRADESHIP AND SOCIAL ACTIVITIES.

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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 $53,090
Program Service Revenue $1,447
Investment Income $0
Other Revenue $157,098
TOTAL REVENUE $211,635

Expense Breakdown

Grants Paid $0
Salaries & Benefits $53,171
Fundraising Expenses $0
Other Expenses $144,082
TOTAL EXPENSES $197,253

Year-over-Year Comparison

2023 2022 Change
Revenue $211,635 $132,498 +0.6%
Expenses $197,253 $152,248 +0.3%
Net Income $14,382 $-19,750 -1.7%
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
4
Independent Members
4
Employees
12
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
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM HEPWORTH COMMANDER N/A
Director
$0 $0 $0
BRENT FOSTER QUARTERMASTE N/A
Director
$0 $0 $0
KENNETH VANDERSTELT JR. VICE COM N/A
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
2023 $211,635 $197,253 $88,963 $14,382
2022 $132,498 $152,248 $74,581 $-19,750
2021 $125,857 $113,851 $94,330 $12,006
2020 $60,457 $76,346 $82,325 $-15,889
2019 $101,859 $100,459 $57,642 $1,400
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