VETERANS OF FOREIGN WARS (EIN 410654078) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1963

Legal Domicile

Phone

5077895691

Tax Period

2024-07-01 to 2025-06-30

VETERANS OF FOREIGN WARS, founded in 1963, is a small nonprofit that reported $141K in total revenue in fiscal year 2024. Revenue fell 42% from the prior year — a significant decline worth monitoring. Expenses of $179K exceeded revenue, resulting in a 27% operating deficit.

Mission

SOCIAL GATHERING CLUB FOR VETERANS AND FAMILIES OF MILITARY MEMBERS OF FOREIGN WARS

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $15,686

Program Service Revenue $0

Investment Income $50

Other Revenue $124,977

TOTAL REVENUE $140,713

Expense Breakdown

Grants Paid $10,065

Salaries & Benefits $74,511

Fundraising Expenses $0

Program Expenses $10,065

Other Expenses $94,355

TOTAL EXPENSES $178,931

Year-over-Year Comparison

	2024	2023	Change
Revenue	$140,713	$243,989	-0.4%
Expenses	$178,931	$212,636	-0.2%
Net Income	$-38,218	$31,353	-2.2%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$8,950

Total Directors

Key Employees

$8,325

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LORI SHELSTAD	CLUB MANAGER	40.00	Key Emp	$8,325	$0	$8,325
RAY M ADES	QUARTERMASTER	10.00	Officer	$7,800	$0	$7,800
CRAIG JACOBSON	GAMBLING MANAGERADJUTANT	20.00	Officer	$1,150	$0	$1,150
MICHAEL F MCDONALD	TRUSTEE	1.00	Officer	$0	$0	$0
RICHARD OVERBY	JUDGE ADVOCATE	1.00	Officer	$0	$0	$0
BRIAN DANIELSON	SR VICE COMMANDER	1.00	Officer	$0	$0	$0
RAYMOND DAWSON	TRUSTEE	1.00	Officer	$0	$0	$0
DONALD A PETERSON	TRUSTEE	1.00	Officer	$0	$0	$0
RICKY L KOESTER	SERVICE OFFICER	1.00	Officer	$0	$0	$0
VICTOR E WOLF	COMMANDER	1.00	Officer	$0	$0	$0
WHITNEY M KYLLO	JR VICE COMMANDER	1.00	Officer	$0	$0	$0
ERIC P HOVERSTEN	CHAPLAIN	1.00	Officer	$0	$0	$0
DAVID G INMAN	SURGEON	1.00	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	$140,713	$178,931	$82,140	$-38,218
2024	$243,989	$212,636	$121,002	$31,353
2023	$220,653	$219,977	$89,634	$676
2022	$204,400	$209,101	$89,075	$-4,701
2021	$214,490	$179,157	$93,606	$35,333
2020	$175,542	$175,923	$58,127	$-381

VETERANS OF FOREIGN WARS