VETERANS OF FOREIGN WARS DEPT OF MN 1778 VFW-MN (EIN 410827077) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

1977

Legal Domicile

Tax Period

2022-06-01 to 2023-05-31

VETERANS OF FOREIGN WARS DEPT OF MN 1778 VFW-MN, founded in 1977, is a micro nonprofit that reported $42K in total revenue in fiscal year 2022. Revenue fell 194% from the prior year — a significant decline worth monitoring.

Mission

FRATERNAL ORGANIZATION FOR VETERANS OF THE WELLS, MN AREA

🔒

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%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $3,153

Program Service Revenue $0

Investment Income $0

Other Revenue $-45,165

TOTAL REVENUE $-42,012

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $7,420

Other Expenses $11,206

TOTAL EXPENSES $11,206

Year-over-Year Comparison

	2022	2021	Change
Revenue	$-42,012	$44,842	-1.9%
Expenses	$11,206	$6,873	+0.6%
Net Income	$-53,218	$37,969	-2.4%

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

Governance

Voting Members

180

Independent Members

180

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GARY LEESCH	TRUSTEE	1.00	Officer	$0	$0	$0
GARY OPPEDAL	GAMBLING MANAGER	2.00	Officer	$0	$0	$0
JIM KAUFFMAN	TRUSTEE	1.00	Officer	$0	$0	$0
DON KLOCEK	QTRMSTR	2.00	Officer	$0	$0	$0
LEONARD SONNEK	COMMANDER	2.00	Officer	$0	$0	$0
LAWRENCE WOLFF	V COMMANDER	1.00	Officer	$0	$0	$0
MARVIN TERRY	ADJT	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
2023	$-42,012	$11,206	$243,582	$-53,218
2023	$-42,012	$11,206	$243,582	$-53,218
2022	$44,842	$6,873	$296,190	$37,969
2021	$67,928	$3,237	$257,697	$64,691
2020	$40,895	$3,321	$193,202	$37,574
2019	$46,495	$3,731	$205,833	$42,764

VETERANS OF FOREIGN WARS DEPT OF MN 1778 VFW-MN