VETERANS OF FOREIGN WARS POST 2482

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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

1970

Legal Domicile

Principal Officer

RICK WEIRICH

Phone

6366294880

Tax Period

2023-07-01 to 2024-06-30

VETERANS OF FOREIGN WARS POST 2482, founded in 1970, is a micro nonprofit that reported $83K in total revenue in fiscal year 2023. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $97K exceeded revenue, resulting in a 16% operating deficit.

Mission

PROVIDE SERVICES FOR VETERANS OPERATION OF A MEMBERS ONLY CLUBHOUSE OF WHICH FUNDS ARE USED TO PROVIDE FOR VETERANS OF FOREIGN WARS AND THEIR FAMILIES.

Program Service Accomplishments

Program 1

PROVIDE CLUBHOUSE FOR MEMBERS AND PROVIDED AID TO VETS IN NEED AS WELL AS DONATIONS TO OTHER CHARITIES SERVICING THE COMMUNITY

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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 (2023)

Revenue Breakdown

Contributions & Grants $29,782

Program Service Revenue $0

Investment Income $18

Other Revenue $53,602

TOTAL REVENUE $83,402

Expense Breakdown

Grants Paid $19,600

Salaries & Benefits $0

Fundraising Expenses $2,097

Other Expenses $75,662

TOTAL EXPENSES $96,612

Year-over-Year Comparison

	2023	2022	Change
Revenue	$83,402	$105,832	-0.2%
Expenses	$96,612	$122,993	-0.2%
Net Income	$-13,210	$-17,161	-0.2%

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

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
JAMES MYERS	COMMANDER	3.00	Officer	$0	$0	$0
NATHAN STARK	SR VICE COMMANDER	3.00	Officer	$0	$0	$0
DENNIS HENSON	JR VICE COMMANDER	3.00	Officer	$0	$0	$0
RICKEY WEIRICH	QUARTERMASTER	3.00	Officer	$0	$0	$0
ROGER E GOODWIN	JUDGE ADVOCATE	3.00	Officer	$0	$0	$0
BRIAN CHITWOOD	TRUSTEE	1.00	Director	$0	$0	$0
LARRY SALINE	TRUSTEE	1.00	Director	$0	$0	$0
DENNIS THURMOND	TRUSTEE	1.00	Director	$0	$0	$0
VICTOR MEDLOCK	ADJUTANT	1.00	Officer	$0	$0	$0
DENNIS THURMON	SERVICE OFFICER	1.00	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	$83,402	$96,612	$322,261	$-13,210
2023	$105,832	$122,993	$335,471	$-17,161
2022	$96,890	$106,702	$352,632	$-9,812
2021	$150,022	$136,656	$362,444	$13,366
2020	$107,708	$106,751	$349,078	$957
2019	$133,038	$92,607	$348,115	$40,431