VETERANS OF FOREIGN WARS MADRID POST 5060 (EIN 426059346) - 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

1950

Legal Domicile

Phone

5157952008

Tax Period

2024-01-01 to 2024-12-31

VETERANS OF FOREIGN WARS MADRID POST 5060, founded in 1950, is a small nonprofit that reported $158K in total revenue in fiscal year 2024. Expenses of $182K exceeded revenue, resulting in a 15% operating deficit.

Mission

PROVIDE SOCIAL ACTIVITIES FOR VETERANS

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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 $0

Program Service Revenue $5,066

Investment Income $6,841

Other Revenue $146,382

TOTAL REVENUE $158,289

Expense Breakdown

Grants Paid $0

Salaries & Benefits $103,580

Fundraising Expenses $0

Other Expenses $78,823

TOTAL EXPENSES $182,403

Year-over-Year Comparison

	2024	2023	Change
Revenue	$158,289	$162,861	0.0%
Expenses	$182,403	$175,277	+0.0%
Net Income	$-24,114	$-12,416	+0.9%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES LEWIS	Trustee	2.00	Director	$0	$0	$0
NICK PRASKA	Trustee	2.00	Director	$0	$0	$0
JAMES ESTES	Trustee	2.00	Director	$0	$0	$0
THOMAS BURKE	QUARTERMASTER	4.00	Officer Director	$0	$0	$0
JAMES P BENNETT	COMMANDER	4.00	Officer Director	$0	$0	$0
CHARLES RIGBY	SENIOR VC	4.00	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
2025	No data	No data	No data	No data
2024	$158,289	$182,403	$197,564	$-24,114
2023	$162,861	$175,277	$218,088	$-12,416
2022	$181,430	$162,557	$219,926	$18,873
2021	$162,319	$152,699	$203,822	$9,620
2020	$121,527	$119,356	$193,479	$2,171
2019	$161,945	$165,499	$191,938	$-3,554
2018	$185,275	$159,087	$194,896	$26,188

VETERANS OF FOREIGN WARS MADRID POST 5060