VETERANS OF FOREIGN WARS DEPT OF 8729 VFW-MN (EIN 410784007) - 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

1948

Legal Domicile

Principal Officer

GERALD MARKING

Phone

6513452646

Tax Period

2023-01-01 to 2023-12-31

VETERANS OF FOREIGN WARS DEPT OF 8729 VFW-MN, founded in 1948, is a small nonprofit that reported $868K in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion.

Mission

To provide club rooms and social facilities for Veterans. To organize Veterans for participation in public events and Projects.

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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 $19,368

Program Service Revenue $850,429

Investment Income $4,084

Other Revenue $-6,140

TOTAL REVENUE $867,741

Expense Breakdown

Grants Paid $0

Salaries & Benefits $53,683

Fundraising Expenses $0

Program Expenses $787,749

Other Expenses $792,613

TOTAL EXPENSES $846,296

Year-over-Year Comparison

	2023	2022	Change
Revenue	$867,741	$765,383	+0.1%
Expenses	$846,296	$723,466	+0.2%
Net Income	$21,445	$41,917	-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

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

$20,400

Total Directors

$20,400

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Wally Banks	Quartermaster	010.00	Officer Director	$20,400	$0	$20,400
Gerard Marking	Commander	002.00	Officer Director	$0	$0	$0
Art Howard	Vice Commander	002.00	Director	$0	$0	$0
Jon Weich	Trustee	002.00	Director	$0	$0	$0
Howard Horen	Trustee	002.00	Director	$0	$0	$0
Dave Harms	Trustee	002.00	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
2024	No data	No data	No data	No data
2023	$867,741	$846,296	$596,732	$21,445
2022	$765,383	$723,466	$573,307	$41,917
2021	$608,937	$562,538	$531,288	$46,399
2020	$281,204	$307,818	$484,645	$-26,614
2019	$481,470	$475,639	$511,145	$5,831
2018	$628,819	$636,622	$505,727	$-7,803

VETERANS OF FOREIGN WARS DEPT OF 8729 VFW-MN