UNITED MILITARY VETERANS OF KINGS … - Form 990 Financial Data

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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

2011

Legal Domicile

Principal Officer

RAYMOND AALBUE

Phone

3479079547

Tax Period

2025-01-01 to 2025-12-31

UNITED MILITARY VETERANS OF KINGS COUNTY INC, founded in 2011, is a micro nonprofit in the Human Services sector that reported $56K in total revenue in fiscal year 2025. Revenue fell 24% from the prior year — a significant decline worth monitoring.

Mission

TO INFORM THE GENERAL PUBLIC OF THE IMPORTANCE OF MEMORIAL DAY AND TO KEEP THE BAY RIDGE MEMORIAL DAY PARADE ALIVE.

Program Service Accomplishments

Program 1

ANNUAL BAY RIDGE MEMORIAL DAY PARADE

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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 (2025)

Revenue Breakdown

Contributions & Grants $56,114

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $56,114

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $56,895

Other Expenses $56,895

TOTAL EXPENSES $56,895

Year-over-Year Comparison

	2025	2024	Change
Revenue	$56,114	$73,386	-0.2%
Expenses	$56,895	$78,501	-0.3%
Net Income	$-781	$-5,115	-0.8%

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

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
RAYMOND AALBUE	DIRECTOR	N/A	Director	$0	$0	$0
PRISCO DEANGELIS	DIRECTOR	N/A	Director	$0	$0	$0
CONCEPCION RANOCCHIA	DIRECTOR	N/A	Director	$0	$0	$0
CARY SPICKLER	DIRECTOR	N/A	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	$56,114	$56,895	$37,620	$-781
2024	$73,386	$78,501	$37,367	$-5,115
2023	$43,896	$58,827	$32,973	$-14,931
2022	$56,605	$53,082	$47,904	$3,523
2021	$14,701	$20,143	$44,381	$-5,442
2020	$23,076	$23,076	$63,397	No data
2019	$84,963	$82,068	$51,667	$2,895
2018	$64,007	$83,783	$48,772	$-19,776

UNITED MILITARY VETERANS OF KINGS COUNTY INC