VETERANS OF FOREIGN WARS OF THE UNITED STATES DEPARTMENT OF IOWA (EIN 420331186) - 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

1921

Legal Domicile

Phone

5152552139

Tax Period

2022-07-01 to 2023-06-30

VETERANS OF FOREIGN WARS OF THE UNITED STATES DEPARTMENT OF IOWA, founded in 1921, is a small nonprofit that reported $327K in total revenue in fiscal year 2022. Revenue surged 1713% from the prior year, signaling strong growth momentum. Expenses of $304K left a modest 7% surplus.

Mission

FRATERNAL, PATRIOTIC, HISTORICAL AND EDUCATIONAL MEMBERSHIP SOCIETY.

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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 $152,974

Program Service Revenue $136,084

Investment Income $0

Other Revenue $37,471

TOTAL REVENUE $326,529

Expense Breakdown

Grants Paid $0

Salaries & Benefits $171,720

Fundraising Expenses $0

Other Expenses $132,393

TOTAL EXPENSES $304,113

Year-over-Year Comparison

	2022	2021	Change
Revenue	$326,529	$18,015	+17.1%
Expenses	$304,113	$25,654	+10.9%
Net Income	$22,416	$-7,639	-3.9%

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

$18,308

Total Directors

$18,308

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GREGORY ALLEN	QUARTERMASTER	40.00	Officer Director	$18,308	$0	$18,308
CAROL WHITMORE	NATL COUNCIL	4.00	Director	$0	$0	$0
MICHAEL BRAMAN	PAST CMDR	4.00	Officer Director	$0	$0	$0
BARB KULA	CHAPLAIN	4.00	Director	$0	$0	$0
GARY RUFFCORN	DIST COMMANDER	2.00	Director	$0	$0	$0
JEFFREY RYANT	DIST COMMANDER	2.00	Director	$0	$0	$0
LEONARD SLOAT	DIST COMMANDER	2.00	Director	$0	$0	$0
BRUCE CHARLET	DIST COMMANDER	2.00	Director	$0	$0	$0
DENNIS SMITH	DIST COMMANDER	2.00	Director	$0	$0	$0
DICK RYBA	DIST COMMANDER	2.00	Director	$0	$0	$0
MICHAEL YOUNG	JR VICE CMDR	4.00	Officer Director	$0	$0	$0
SCOTT MCDONALD	SURGEON	4.00	Officer Director	$0	$0	$0
PAUL ARNOLD	JUDGE ADVOCATE	4.00	Officer Director	$0	$0	$0
DENNY SNOW	SR VICE CMDR	4.00	Officer Director	$0	$0	$0
TRAVIS HOLDEN	INSPECTOR	4.00	Officer Director	$0	$0	$0
RONALD LEBER	COMMANDER	4.00	Officer Director	$0	$0	$0
RUSS SAFFELL	CHIEF OF STAFF	4.00	Officer Director	$0	$0	$0
TERRENCE CREEGAN	DIST COMMANDER	2.00	Director	$0	$0	$0
DARRELL DEWEERDT	DIST COMMANDER	2.00	Director	$0	$0	$0
CHARLES GEILENFELD	DIST COMMANDER	2.00	Director	$0	$0	$0
HERMAN ROBINSON	DIST COMMANDER	2.00	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
2023	$326,529	$304,113	$270,022	$22,416
2022	$325,672	$317,378	$257,380	$8,294
2021	$272,776	$286,578	$250,821	$-13,802
2020	$315,374	$279,900	$269,558	$35,474
2019	$314,239	$272,619	$228,664	$41,620

VETERANS OF FOREIGN WARS OF THE UNITED STATES DEPARTMENT OF IOWA