Veterans of Foreign Wars of the United States Dept of Iowa (EIN 420579323) - 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

1975

Legal Domicile

Phone

3193647752

Tax Period

2024-07-01 to 2025-06-30

Veterans of Foreign Wars of the United States Dept of Iowa, founded in 1975, is a small nonprofit that reported $103K in total revenue in fiscal year 2024. Revenue surged 415% from the prior year, signaling strong growth momentum. The organization ran a surplus of $51K, a strong 50% operating margin.

Mission

Preserve and strengthen comradery of our veterans, honor the memory of our war dead and promote allegiance to the government of America.

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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 $68,630

Program Service Revenue $0

Investment Income $-883

Other Revenue $35,430

TOTAL REVENUE $103,177

Expense Breakdown

Grants Paid $3,724

Salaries & Benefits $0

Fundraising Expenses $777

Other Expenses $48,124

TOTAL EXPENSES $51,848

Year-over-Year Comparison

	2024	2023	Change
Revenue	$103,177	$20,026	+4.2%
Expenses	$51,848	$65,461	-0.2%
Net Income	$51,329	$-45,435	-2.1%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kevin Schindler	Commander	60.00	Officer	$0	$0	$0
Larry Bolster	Senior Vice Commander	15.00	Officer	$0	$0	$0
Curtis Goodrow	Junior Vice Commander	30.00	Officer	$0	$0	$0
Richard Penrod	Quarter Master	25.00	Officer	$0	$0	$0
Daniel Spahn	Chaplain	5.00	Officer	$0	$0	$0
Larry Bolster	1 Year Trustee	10.00	Director	$0	$0	$0
Gary Dusil	2 Year Trustee	15.00	Director	$0	$0	$0
Dean Meyer	3 Year Trustee	50.00	Director	$0	$0	$0
Steve Harvey	Adjutant	30.00	Officer	$0	$0	$0
Harry Foster	Benefits Advisor	1.00	Officer	$0	$0	$0
Gary Dusil	Surgeon	15.00	Officer	$0	$0	$0
Lee Merta	House Committee Chairman	60.00	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	$103,177	$51,848	$236,201	$51,329
2024	$20,026	$65,461	$182,508	$-45,435
2023	$41,709	$56,174	$243,094	$-14,465
2022	$127,367	$112,574	$255,626	$14,793

Veterans of Foreign Wars of the United States Dept of Iowa