BENSON, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)VETERANS OF FOREIGN WARS POST #1403, founded in 1932, is a micro nonprofit that reported $3K in total revenue in fiscal year 2023. Revenue fell 83% from the prior year — a significant decline worth monitoring. Expenses of $7K exceeded revenue, resulting in a 133% operating deficit.
VETERANS SERVICE ORGANIZATION PROVIDES SOCIAL, EDUCATIONAL, AND RECREATIONAL PROGRAMS FOR AREA VETERANS. TO PROMOTE CITIZENSHIP AND PATRIOTISM. MEMBER DINNERS ARE PROVIDED EIGHT MONTHS OF THE YEAR. ANNUAL MEMBERSHIP DINNER, AND A ANNUAL THANKSGIVING PROVIDED FOR VETERANS AND FAMILIES WHO HAVE NO PLACE TO GO. VOICE OF DEMOCRACY SPEECH CONTEST IN LOCAL SCHOOLS, SPONSOR BOYS GIRLS STATE STUDENTS, PROVIDE GOODS TO VETERANS HOME FOR HOLIDAY AND SPECIAL EVENTS, PROVIDE FLAGES, HONOR GUARD, AND COLOR GUARD UNITS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $2,857 | $16,442 | -0.8% |
| Expenses | $6,663 | $8,143 | -0.2% |
| Net Income | $-3,806 | $8,299 | -1.5% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| RAY A ANDERSON | SENIOR VICE COMMANDER | 002.00 |
Officer
Director
|
$12,895 | $0 | $12,895 |
| RYAN A HANSON | COMMANDER | 002.00 |
Officer
Director
|
$2,600 | $0 | $2,600 |
| MICHAEL E HOFFMAN | JUNIOR VICE COMMANDER | 001.00 |
Officer
Director
|
$0 | $0 | $0 |
| ROBERT J COOK | QUARTERMASTER | 020.00 |
Officer
Director
|
$0 | $0 | $0 |
| CLETUS M GROSSMAN | CHAPLAIN | 001.00 |
Officer
Director
|
$0 | $0 | $0 |
| JAMES M OFFERDAHL | ADJUTANT | 001.00 |
Officer
Director
|
$0 | $0 | $0 |
| KENNETH B HANSON | 1-YEAR TRUSTEE | 001.00 |
Director
|
$0 | $0 | $0 |
| DONALD SPENCER | 2-YEAR TRUSTEE | 001.00 |
Director
|
$0 | $0 | $0 |
| PRESTON M FLOLO | 3-YEAR TRUSTEE | 001.00 |
Director
|
$0 | $0 | $0 |
| DAVID M BARRETT | SERVICE OFFICER | 001.00 |
Director
|
$0 | $0 | $0 |
| PRESETON M FLOLO | SURGEON | 002.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $2,857 | $6,663 | $250,264 | $-3,806 |
| 2023 | $16,442 | $8,143 | $253,991 | $8,299 |
| 2022 | $18,904 | $9,280 | $245,678 | $9,624 |
| 2021 | $28,052 | $4,502 | $236,029 | $23,550 |
| 2020 | $-3,359 | $5,278 | $213,975 | $-8,637 |
Compare VETERANS OF FOREIGN WARS POST #1403 with other nonprofits in Minnesota and across the country.