VETERANS OF FOREIGN WARS DEPT OF 1350 VFW MINN

EIN: 410685648

N ST PAUL, MN

Total Revenue
$14,032
Total Expenses
$19,177
Total Assets
$389,419
Net Assets
$262,797
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1980
Legal Domicile
MN
Principal Officer
STEVE MAUKSTAD
Phone
6517772855
Tax Period
2024-01-01 to 2024-12-31

VETERANS OF FOREIGN WARS DEPT OF 1350 VFW MINN, founded in 1980, is a micro nonprofit that reported $14K in total revenue in fiscal year 2024. Revenue fell 41% from the prior year — a significant decline worth monitoring. Expenses of $19K exceeded revenue, resulting in a 37% operating deficit.

Mission

TO SERVE VETERANS THEIR FAMILIES AND THEIR COMMUNITIES.

Program Service Accomplishments

Program 1

VETERANS PROGRAM SERVICES THESE EXPENDITURES ARE USED TO HELP FUND BENEFITS AND ACTIVITIES FOR VETERANS WITHIN THEIR COMMUNITY. MADE GRANTS OF $33,297 TO ASSIST ORGANIZATIONS

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $5,176
Program Service Revenue $954
Investment Income $138
Other Revenue $7,764
TOTAL REVENUE $14,032

Expense Breakdown

Grants Paid $27,274
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $-8,097
TOTAL EXPENSES $19,177

Year-over-Year Comparison

2024 2023 Change
Revenue $14,032 $23,807 -0.4%
Expenses $19,177 $10,757 +0.8%
Net Income $-5,145 $13,050 -1.4%
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

Sign In

Governance

Voting Members
10
Independent Members
10
Employees
19
Volunteers
20

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
6
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN URBANSKI TRUSTEE 2.00
Director
$0 $0 $0
DAVE RANKIN POPPY CHAIRGAMBLING MGR 10.00
Director
$0 $0 $0
JAMES HANNEGAN TRUSTEE 2.00
Director
$0 $0 $0
GLEN LOCKWOOD TRUSTEE 2.00
Director
$0 $0 $0
MELVIN SVENSON CHAPLIN 2.00
Officer
$0 $0 $0
STEVE MAUKSTAD COMMANDER 2.00
Officer
$0 $0 $0
WILLIAM JESSEN SR VICE COMMANDER 2.00
Officer
$0 $0 $0
DAVID LOVOLD JR VICE COMMANDERJUDGE ADVOCATE 2.00
Officer
$0 $0 $0
PETER OLOFSON ADJUTANT 2.00
Officer
$0 $0 $0
MIKE SOMAN QUARTERMASTERSERV OFFICER 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
2025 No data No data No data No data
2024 $14,032 $19,177 $389,419 $-5,145
2023 $23,807 $10,757 $409,090 $13,050
2022 $65,286 $5,757 $421,627 $59,529
2021 $117,361 $8,275 $374,407 $109,086
2020 $-21,306 $10,965 $293,252 $-32,271
2019 $35,018 $8,572 $317,821 $26,446
2018 $24,605 $11,236 $302,575 $13,369
Explore More Nonprofits
→Top 100 Nonprofits in Minnesota →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare VETERANS OF FOREIGN WARS DEPT OF 1350 VFW MINN with other nonprofits in Minnesota and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.