VETERANS OF FOREIGN WARS DEPT 1656 VFW (EIN 416023128) - 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

1941

Legal Domicile

Phone

3205983034

Tax Period

2024-01-01 to 2024-12-31

VETERANS OF FOREIGN WARS DEPT 1656 VFW, founded in 1941, is a small nonprofit that reported $334K in total revenue in fiscal year 2024. Revenue surged 54% from the prior year, signaling strong growth momentum. The organization ran a surplus of $82K, a strong 25% operating margin.

Mission

SERVE NEEDS OF VETS, COMMUNITY, AND YOUTH

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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 $6,535

Program Service Revenue $0

Investment Income $1,260

Other Revenue $326,149

TOTAL REVENUE $333,944

Expense Breakdown

Grants Paid $30,640

Salaries & Benefits $75,052

Fundraising Expenses $0

Other Expenses $145,940

TOTAL EXPENSES $251,632

Year-over-Year Comparison

	2024	2023	Change
Revenue	$333,944	$217,354	+0.5%
Expenses	$251,632	$209,263	+0.2%
Net Income	$82,312	$8,091	+9.2%

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

N/A

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

$6,000

Total Directors

$15,493

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KELLY L SALVERSON	MANAGER	15.00	Director	$14,593	$0	$14,593
VICTOR BEHLINGS	Treasurer	10.00	Officer	$6,000	$0	$6,000
MICHAEL A KALLHOFF	GMBLG CHAIRMAN	5.00	Director	$600	$0	$600
MICHAEL GEARMAN	GMBLG CHAIRMAN	3.00	Director	$300	$0	$300
ALECIA A KELLS	MANAGER	28.00	Director	$0	$0	$0
ERIC CALL	Commander	4.00	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	$333,944	$251,632	$324,262	$82,312
2023	$217,354	$209,263	$242,402	$8,091
2022	$189,908	$187,366	$232,265	$2,542
2021	$162,037	$154,444	$230,425	$7,593
2020	$116,764	$128,547	$219,230	$-11,783
2019	$151,483	$162,630	$234,392	$-11,147
2018	$157,473	$161,263	$245,198	$-3,790

VETERANS OF FOREIGN WARS DEPT 1656 VFW