VETERANS OF FOREIGN WARS DEPT OF 425 VFW-MINN (EIN 410707819) - 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

1920

Legal Domicile

Principal Officer

LONNIE C DUFF

Phone

9529389916

Tax Period

2024-07-01 to 2025-06-30

VETERANS OF FOREIGN WARS DEPT OF 425 VFW-MINN, founded in 1920, is a micro nonprofit that reported $21K in total revenue in fiscal year 2024. Revenue fell 107% from the prior year — a significant decline worth monitoring.

Mission

ORGANIZATION OF VETERANS OF FOREIGN WARS

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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 (2024)

Revenue Breakdown

Contributions & Grants $16,963

Program Service Revenue $20,963

Investment Income $6,150

Other Revenue $-65,051

TOTAL REVENUE $-20,975

Expense Breakdown

Grants Paid $26,534

Salaries & Benefits $12,127

Fundraising Expenses $0

Other Expenses $45,209

TOTAL EXPENSES $83,870

Year-over-Year Comparison

	2024	2023	Change
Revenue	$-20,975	$303,838	-1.1%
Expenses	$83,870	$59,712	+0.4%
Net Income	$-104,845	$244,126	-1.4%

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

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

$8,000

Total Directors

$13,200

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LARRY SORENSON	QUARTERMASTER	10.00	Officer Director	$5,200	$0	$5,200
LONNIE DUFF	COMMANDER	10.00	Officer Director	$2,800	$0	$2,800
SARKIS SOLAKIAN	JUNIOR VICE COMMANDER	10.00	Director	$5,200	$0	$5,200
LAWRENCE KALLIN	CHAPLAIN	1.00	Director	$0	$0	$0
TONG LOR	DIRECTOR	1.00	Director	$0	$0	$0
GARY LOOCK	SENIOR VICE COMMANDER	10.00	Officer Director	$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	$-20,975	$83,870	$756,050	$-104,845
2024	$303,838	$59,712	$855,983	$244,126
2023	$206,878	$57,514	$950,697	$149,364
2022	$178,738	$40,844	$903,697	$137,894
2021	$70,708	$39,449	$778,725	$31,259
2020	$106,827	$52,710	$783,748	$54,117

VETERANS OF FOREIGN WARS DEPT OF 425 VFW-MINN