Veterans of Foreign Wars Post 8663

EIN: 410688607

Roseau, MN

Total Revenue
$11,464
Total Expenses
$7,248
Total Assets
$316,329
Net Assets
$316,329
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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
1950
Legal Domicile
MN
Principal Officer
AARON OLSON
Phone
2186892849
Tax Period
2023-01-01 to 2023-12-31

Veterans of Foreign Wars Post 8663, founded in 1950, is a micro nonprofit that reported $11K in total revenue in fiscal year 2023. The organization ran a surplus of $4K, a strong 37% operating margin.

Mission

Social Veterans Club, local small community charity

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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 $599
Program Service Revenue $0
Investment Income $10,865
Other Revenue $0
TOTAL REVENUE $11,464

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,800
Fundraising Expenses $0
Other Expenses $5,448
TOTAL EXPENSES $7,248

Year-over-Year Comparison

2023 2022 Change
Revenue $11,464 $11,859 0.0%
Expenses $7,248 $4,134 +0.8%
Net Income $4,216 $7,725 -0.5%
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
5
Independent Members
5
Employees
N/A
Volunteers
N/A

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
3
$0
Total Directors
0
$0
Key Employees
1
$1,800
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Val Bernat Commander 4.00
Officer
$0 $0 $0
Roger Klemetson Quartermaster 4.00
Key Emp
$1,800 $0 $1,800
Richard Anderson Vice Commander 4.00
Officer
$0 $0 $0
Harry Hamilton Adjutant 4.00
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
2023 $11,464 $7,248 $316,329 $4,216
2022 $11,859 $4,134 $312,113 $7,725
2021 $148,980 $52,380 $304,388 $96,600
2020 $68,299 $64,466 $207,788 $3,833
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