VETERANS OF FOREIGN WARS DEPT OF MINNESOTA (EIN 410900225) - 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

1953

Legal Domicile

Principal Officer

ARLYN LAMB

Phone

6514606888

Tax Period

2022-07-01 to 2023-06-30

VETERANS OF FOREIGN WARS DEPT OF MINNESOTA, founded in 1953, is a small nonprofit that reported $690K in total revenue in fiscal year 2022. Revenue decreased 5% compared to the prior year. Expenses of $631K left a modest 8% surplus.

Mission

TO FOSTER CAMARADERIE AMONG UNITED STATES VETERANS OF OVERSEAS CONFLICTS. TO SERVE OUR VETERANS, THE MILITARY AND OUR COMMUNITY. TO ADVOCATE ON BEHALF OF ALL VETERANS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $853

Program Service Revenue $505,768

Investment Income $27

Other Revenue $183,116

TOTAL REVENUE $689,764

Expense Breakdown

Grants Paid $78,550

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $552,747

TOTAL EXPENSES $631,297

Year-over-Year Comparison

	2022	2021	Change
Revenue	$689,764	$727,914	-0.1%
Expenses	$631,297	$647,786	0.0%
Net Income	$58,467	$80,128	-0.3%

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

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

$8,222

Total Directors

$8,222

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM FRAME	ADJUTANT	10.00	Officer Director	$8,222	$0	$8,222
GRANT BEYL	TRUSTEE	1.00	Director	$0	$0	$0
RON ERSFELD	TRUSTEE	1.00	Director	$0	$0	$0
ARLYN LAMB	COMMANDER	10.00	Officer Director	$0	$0	$0
KEVIN ROSENBUM	JR. VICE COMMANDER	1.00	Officer Director	$0	$0	$0
RANDY SLAGEL	SR. VICE COMMANDER	1.00	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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$689,764	$631,297	$367,986	$58,467
2022	$727,914	$647,786	$319,428	$80,128
2021	$638,286	$528,619	$274,778	$109,667
2020	$315,040	$294,967	$170,860	$20,073

VETERANS OF FOREIGN WARS DEPT OF MINNESOTA