VETERANS OF FOREIGN WARS DEPARTMENT 3922 VFW-MN (EIN 410655768) - Form 990 Financial Analysis & Trantor Score

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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

1949

Legal Domicile

Principal Officer

DAVID ANDERSON

Phone

2186326951

Tax Period

2023-01-01 to 2023-12-31

VETERANS OF FOREIGN WARS DEPARTMENT 3922 VFW-MN, founded in 1949, is a small nonprofit that reported $264K in total revenue in fiscal year 2023. Revenue decreased 18% compared to the prior year. Net assets of $671K represent 30 months of operating reserves.

Mission

TO PROVIDE MEMBERS WITH MORAL SUPPORT AND SOCIAL ACTIVITIES. MEMBERS ARE LIMITED TO THOSE THAT SERVED IN THE ARMED FORCES.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $4,945

Program Service Revenue $0

Investment Income $179

Other Revenue $258,944

TOTAL REVENUE $264,068

Expense Breakdown

Grants Paid $0

Salaries & Benefits $188,397

Fundraising Expenses $1,040

Program Expenses $288,328

Other Expenses $100,971

TOTAL EXPENSES $289,368

Year-over-Year Comparison

	2023	2022	Change
Revenue	$264,068	$320,518	-0.2%
Expenses	$289,368	$276,306	+0.0%
Net Income	$-25,300	$44,212	-1.6%

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

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

$14,233

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ED WALN	GAMBLING MGR	15.00	Officer	$14,233	$0	$14,233
ROGER BAHLS	TRUSTEE	1.00	Director	$0	$0	$0
BERNARD SABINACK	TRUSTEE	1.00	Director	$0	$0	$0
RANDY STEINKOPH	TRUSTEE	1.00	Director	$0	$0	$0
JIM WHITE	ADJUTANT	2.00	Director	$0	$0	$0
DAVID ANDERSON	COMMANDER	10.00	Officer	$0	$0	$0
ROBERT ANDERSON	JR VICE COMM	5.00	Officer	$0	$0	$0
ALAN LORENTZ	QUARTERMASTE	10.00	Officer	$0	$0	$0
PHILLIP THOENNES	SR VICE	5.00	Officer	$0	$0	$0
RODD WELLS	CHAPLIN	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
2024	No data	No data	No data	No data
2023	$264,068	$289,368	$684,073	$-25,300
2022	$320,518	$276,306	$692,186	$44,212
2021	$422,469	$242,043	$664,547	$180,426
2020	$268,448	$195,830	$473,161	$72,618
2019	$225,144	$219,872	$400,958	$5,272
2018	$220,245	$235,936	$380,062	$-15,691

VETERANS OF FOREIGN WARS DEPARTMENT 3922 VFW-MN