VETERANS CENTRAL COUNCIL (EIN 411781610) - 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

1993

Legal Domicile

Principal Officer

JOHN CHRISTENSON

Phone

3202359811

Tax Period

2024-01-01 to 2024-12-31

VETERANS CENTRAL COUNCIL, founded in 1993, is a micro nonprofit in the Public & Societal Benefit sector that reported $5K in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. Expenses of $7K exceeded revenue, resulting in a 65% operating deficit.

Mission

1. FLAGS OF HONOR. MAINTAINING THE FLAGS OF HONOR, COMMERATING DECEASED VETERANS BY FLYING UNITED STATES FLAGS IN A MEMORIAL PARK. THE PARK IS LOCATED IN WILLMAR, MINNESOTA AND IS PRESENTLY BEING CONDUCTED BY MEMBERS OF THE LOCAL AMERICAN LEGION POST, VETERANS OF FOREIGN WARS POST, DISABLED AMERICAN VETERANS POST AND VIETNAM POST. 2. PRESENTING FLAGS TO THE FAMILY DURING MEMORIAL SERVICES FOR DECEASED VETERANS. THIS ACTIVITY IS PRESENTLY BEING CONDUCTED IN THE GREATER WILLMAR COMMUNITY BY THE LOCAL AMERICAN LEGION POST, VETERANS OF FOREIGN WARS POST, DISABLED AMERICAN VETERANS POST AND VIETNAM VETERANS POST.

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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 (2024)

Revenue Breakdown

Contributions & Grants $4,160

Program Service Revenue $0

Investment Income $358

Other Revenue $0

TOTAL REVENUE $4,518

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $7,474

TOTAL EXPENSES $7,474

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,518	$4,900	-0.1%
Expenses	$7,474	$5,764	+0.3%
Net Income	$-2,956	$-864	+2.4%

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

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN CHRISTENSON	PRESIDENT	N/A	Officer Director	$0	$0	$0
BRIAN GISLASON	TREASURER	N/A	Officer Director	$0	$0	$0
LEONARD ISDAHL	VICE-PRESIDE	N/A	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
2024	$4,518	$7,474	$174,767	$-2,956
2023	$4,900	$5,764	$177,723	$-864
2022	$32,316	$28,720	$178,587	$3,596
2021	$311,401	$195,187	$174,991	$116,214

VETERANS CENTRAL COUNCIL