VETERANS OF FOREIGN WARS - 806

EIN: 411369063

PRINCETON, MN

Total Revenue
$108,143
Total Expenses
$124,717
Total Assets
$85,900
Net Assets
$78,796
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1921
Legal Domicile
MN
Principal Officer
DAVID C GOOD
Phone
7633899959
Tax Period
2023-07-01 to 2024-06-30

VETERANS OF FOREIGN WARS - 806, founded in 1921, is a small nonprofit that reported $108K in total revenue in fiscal year 2023. Revenue decreased 18% compared to the prior year. Expenses of $125K exceeded revenue, resulting in a 15% operating deficit.

Mission

FRATERNAL, PATRIOTIC, HISTORICAL, STRENGTHEN COMRADESHIP AMONG ITS MEMBERS, TO ASSIST WORTHY COMRADES TO PERPETUATE THE MEMORY & HISTORY OF OUR DEAD & TO ASSIST THEIR FAMILIES.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,265
Program Service Revenue $15,494
Investment Income $1,730
Other Revenue $88,654
TOTAL REVENUE $108,143

Expense Breakdown

Grants Paid $0
Salaries & Benefits $42,196
Fundraising Expenses $0
Other Expenses $82,521
TOTAL EXPENSES $124,717

Year-over-Year Comparison

2023 2022 Change
Revenue $108,143 $132,010 -0.2%
Expenses $124,717 $152,099 -0.2%
Net Income $-16,574 $-20,089 -0.2%
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

Sign In

Governance

Voting Members
11
Independent Members
11
Employees
8
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
11
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STIRLING L BOYLE SERVICE OFFI 1.00
Officer
$0 $0 $0
DAVID C GOOD COMMANDER 3.00
Officer
$0 $0 $0
CALEB T OBERG SR VICE COMM 1.00
Officer
$0 $0 $0
KATHERINE A OBERG QUARTERMASTE 1.00
Officer
$0 $0 $0
JAMES M PAGEL JR VICE COMM 1.00
Officer
$0 $0 $0
CHARLES F PHILLIPS 2 YEAR TRUST 1.00
Officer
$0 $0 $0
MARK P RICHARDSON JUDGE ADVOCA 1.00
Officer
$0 $0 $0
MARK P RICHARDSON 1 YEAR TRUST 1.00
Officer
$0 $0 $0
ALLAN L ROEHL CHAPLAIN AND 1.00
Officer
$0 $0 $0
CHAD L SWENSON ADJUTANT 1.00
Officer
$0 $0 $0
DANIEL J ZERWAS 3 YEAR TRUST 1.00
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 $108,143 $124,717 $85,900 $-16,574
2023 $132,010 $152,099 $106,430 $-20,089
2022 $160,694 $195,321 $121,116 $-34,627
2021 $158,696 $132,200 $144,014 $26,496
2021 $158,696 $112,343 $165,158 $46,353
2020 $184,055 $110,587 $116,311 $73,468
2019 $130,596 $119,990 $35,781 $10,606
2018 $103,499 $110,859 $24,773 $-7,360
Explore More Nonprofits
Top 100 Nonprofits in Minnesota Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare VETERANS OF FOREIGN WARS - 806 with other nonprofits in Minnesota and across the country.