Veterans of Foreign Wars Post 1902

EIN: 410443496

Crookston, MN

Total Revenue
$69,783
Total Expenses
$76,714
Total Assets
$40,399
Net Assets
$8,307
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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
1925
Legal Domicile
MN
Principal Officer
Robert Young
Phone
2182811902
Tax Period
2019-10-01 to 2020-09-30

Veterans of Foreign Wars Post 1902, founded in 1925, is a micro nonprofit that reported $70K in total revenue in fiscal year 2019.

Mission

To promote services 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 (2019)

Revenue Breakdown

Contributions & Grants $1,510
Program Service Revenue $0
Investment Income $1
Other Revenue $68,272
TOTAL REVENUE $69,783

Expense Breakdown

Grants Paid $0
Salaries & Benefits $47,818
Fundraising Expenses $0
Other Expenses $28,896
TOTAL EXPENSES $76,714

Year-over-Year Comparison

2019 2018 Change
Revenue $69,783 N/A N/A
Expenses $76,714 N/A N/A
Net Income $-6,931 N/A N/A
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
6
Independent Members
6
Employees
20
Volunteers
6

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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Paula Lundgren Commander 2.00
Officer
$0 $0 $0
Rob Weber Sr. Vice Commander 0.50
Officer
$0 $0 $0
Robert Young Quartermaster 0.50
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
2020 $69,783 $76,714 $40,399 $-6,931
2019 $89,597 $87,188 $46,288 $2,409
2018 $131,155 $112,227 $61,617 $18,928
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