VETERANS OF FOREIGN WARS FOUNDATION

EIN: 431758998 501(c)(3) Employment

Kansas City, MO

Total Revenue
$6,199,818
Total Expenses
$7,004,785
Total Assets
$23,637,854
Net Assets
$23,319,058
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
MO
Principal Officer
Dan West
Phone
8167563390
Tax Period
2024-09-01 to 2025-08-31

VETERANS OF FOREIGN WARS FOUNDATION, founded in 1996, is a community nonprofit in the Employment sector that reported $6.2M in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year. Expenses of $7.0M exceeded revenue, resulting in a 13% operating deficit.

Mission

Secure and provide support for veterans and their families; assist veterans transitioning to civilian life; support VFW National Veteran Service officers, who provide free assistance to any veteran with their Veterans Affairs (VA) filings. Additionally, the Foundation supports programs that foster patriotism and community improvement.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $5,509,025
Program Service Revenue $0
Investment Income $690,793
Other Revenue $0
TOTAL REVENUE $6,199,818

Expense Breakdown

Grants Paid $5,704,765
Salaries & Benefits $650,479
Fundraising Expenses $475,286
Program Expenses $6,039,257
Other Expenses $649,541
TOTAL EXPENSES $7,004,785

Year-over-Year Comparison

2024 2023 Change
Revenue $6,199,818 $7,276,524 -0.1%
Expenses $7,004,785 $4,703,402 +0.5%
Net Income $-804,967 $2,573,122 -1.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
Employees
N/A
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
3
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Richard Freiburghouse Manager 45.0
Highest
$116,664 $21,565 $138,229
Dan West President 5.0
Officer Director
$0 $0 $0
Marc Garduno Secretary/Treasurer 5.0
Officer Director
$0 $0 $0
Alfred Lipphardt Board Member 1.0
Director
$0 $0 $0
Ann Panteleakos Board Member 1.0
Director
$0 $0 $0
Gordon Logan Board Member 1.0
Director
$0 $0 $0
Michael DeRosa Board Member 1.0
Director
$0 $0 $0
Jordan Drury Board Member 1.0
Director
$0 $0 $0
Prasad Reddy Board Member 1.0
Director
$0 $0 $0
Robert Wallace Board Member 1.0
Director
$0 $0 $0
Hal Roesch Exec. Director hired 1/1/2025 50.0
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 $6,199,818 $7,004,785 $23,637,854 $-804,967
2024 $7,276,524 $4,703,402 $23,137,336 $2,573,122
2023 $6,641,559 $4,821,481 $18,903,417 $1,820,078
2022 $5,347,334 $4,854,560 $17,866,324 $492,774
2021 $6,485,072 $4,878,773 $20,003,890 $1,606,299
2020 $9,967,969 $4,182,841 $16,881,793 $5,785,128
2019 $4,464,782 $4,937,322 $10,425,048 $-472,540
2018 $6,086,433 $5,943,380 $11,104,343 $143,053
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