VETERANS CLUB INC

EIN: 411282424

ONAMIA, MN

Total Revenue
$186,177
Total Expenses
$192,485
Total Assets
$219,966
Net Assets
$188,068
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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
1979
Legal Domicile
MN
Principal Officer
MARK ANDERSON
Phone
3205324171
Tax Period
2023-07-01 to 2024-06-30

VETERANS CLUB INC, founded in 1979, is a small nonprofit that reported $186K in total revenue in fiscal year 2023. Revenue surged 79% from the prior year, signaling strong growth momentum.

Mission

VETERANS ORGANIZATION PROVIDES A MEETING PLACE FOR ALL AREA VETERANS TO SOCIALIZE

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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 $100
Program Service Revenue $3,336
Investment Income $471
Other Revenue $182,270
TOTAL REVENUE $186,177

Expense Breakdown

Grants Paid $716
Salaries & Benefits $129,759
Fundraising Expenses $0
Program Expenses $192,485
Other Expenses $62,010
TOTAL EXPENSES $192,485

Year-over-Year Comparison

2023 2022 Change
Revenue $186,177 $104,052 +0.8%
Expenses $192,485 $115,061 +0.7%
Net Income $-6,308 $-11,009 -0.4%
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

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Governance

Voting Members
2
Independent Members
2
Employees
24
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
2
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOEL PETERSON PRESIDENT 001.00
Officer
$0 $0 $0
MARK ANDERSON TREASURER 001.00
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
2025 No data No data No data No data
2024 $186,177 $192,485 $219,966 $-6,308
2023 $104,052 $115,061 $226,940 $-11,009
2022 $246,920 $211,077 $252,284 $35,843
2021 $208,076 $181,700 $203,344 $26,376
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