VETERANS OF FOREIGN WARS DEPARTMENT 3723 VFW-MN

EIN: 410634381

OWATONNA, MN

Total Revenue
$299,054
Total Expenses
$217,280
Total Assets
$869,154
Net Assets
$860,407
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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
1938
Legal Domicile
MN
Principal Officer
JORDAN VORE
Phone
5074511001
Tax Period
2023-01-01 to 2023-12-31

VETERANS OF FOREIGN WARS DEPARTMENT 3723 VFW-MN, founded in 1938, is a small nonprofit that reported $299K in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion. The organization ran a surplus of $82K, a strong 27% operating margin.

Mission

SUPPORT PATRIOTISM AND ASSIST AREA 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 $0
Program Service Revenue $17,347
Investment Income $5,505
Other Revenue $276,202
TOTAL REVENUE $299,054

Expense Breakdown

Grants Paid $0
Salaries & Benefits $60,972
Fundraising Expenses $0
Program Expenses $217,280
Other Expenses $156,308
TOTAL EXPENSES $217,280

Year-over-Year Comparison

2023 2022 Change
Revenue $299,054 $257,405 +0.2%
Expenses $217,280 $190,653 +0.1%
Net Income $81,774 $66,752 +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
10
Independent Members
10
Employees
28
Volunteers
40

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
$7,549
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JORDAN VORE COMMANDER 2.00
Officer
$3,649 $0 $3,649
MIKE MEYER QUARTERMASTE 2.00
Officer
$2,100 $0 $2,100
TERRY WARNER CHAPLAIN 2.00
Officer
$1,800 $0 $1,800
RENE GILORMINI SERVICE OFFI 2.00
Director
$0 $0 $0
JAMES HOFFMANN TRUSTEE 2.00
Director
$0 $0 $0
DAVID LINDERS ADJUTANT 2.00
Director
$0 $0 $0
JAMES ROWE SURGEON 2.00
Director
$0 $0 $0
DAVE THUL TRUSTEE 4.00
Director
$0 $0 $0
RONNIE BLAKSTAD SR VICE COMM 2.00
Officer
$0 $0 $0
DANA WESLEY JR VICE COMM 2.00
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
2024 No data No data No data No data
2023 $299,054 $217,280 $869,154 $81,774
2022 $257,405 $190,653 $783,050 $66,752
2021 $335,613 $181,570 $716,561 $154,043
2020 $138,777 $156,182 $579,338 $-17,405
2019 $247,954 $178,174 $577,963 $69,780
2018 $244,078 $188,008 $508,751 $56,070
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