SIOUX FALLS, SD
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)DEPARTMENT OF SOUTH DAKOTA VETERANS OF FOREIGN WARS, founded in 2012, is a small nonprofit that reported $229K in total revenue in fiscal year 2019. Expenses of $311K exceeded revenue, resulting in a 36% operating deficit.
VFW WAS ESTABLISHED TO ASSIST VETERANS. OUR MISSION IS TO FOSTER CAMARADERIE AMONG UNITED STATES VETERANS OF OVERSEAS CONFLICTS AND TO SERVE OUR VETERANS, THE MILITARY, AND OUR COMMUNITIES AND ADVOCATE ON BEHALF OF ALL VETERANS. THE PURPOSES OF THE VETERANS OF FOREIGN WARS OF THE UNITED STATES ARE FRATERNAL, PATRIOTIC, HISTORICAL, CHARITABLE, AND EDUCATIONAL; TO PRESERVE AND STRENGTHEN COMRADESHIP AMONG ITS MEMBERS; TO ASSIST WORTHY COMRADES; TO PERPETUATE THE MEMORY AND HISTORY OF OUR DEAD, AND TO ASSIST THEIR SURVIVING SPOUSES AND ORPHANS; TO MAINTAIN TRUE ALLEGIANCE TO THE GOVERNMENT OF THE UNITED STATES OF AMERICA, AND FIDELITY TO ITS INSTITUTIONS OF AMERICAN FREEDOM, AND TO PRESERVE AND DEFEND THE UNITED STATES FROM ALL HER ENEMIES.
Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $305,964 | $279,120 | +0.1% |
| Expenses | $279,904 | $236,392 | +0.2% |
| Net Income | $26,060 | $42,728 | -0.4% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| ANNA ARNOLD | TREASURER/QM | 50.00 |
Officer
Director
|
$45,954 | $0 | $45,954 |
| GLYNIS COLLIER | COMMANDER | 30.00 |
Officer
Director
|
$0 | $0 | $0 |
| DR MARTIN CHRISTENSEN | SR. VICE COMMANDER | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| RICK VANDENHOEK | JR. VICE COMMANDER | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $305,964 | $279,904 | $593,021 | $26,060 |
| 2022 | $279,120 | $236,392 | $515,919 | $42,728 |
| 2021 | $252,743 | $196,838 | $533,524 | $55,905 |
| 2020 | $183,981 | $198,636 | $68,277 | $-14,655 |
| 2019 | $228,881 | $310,917 | $279,004 | $-82,036 |
Compare VFW DEPARTMENT OF SOUTH DAKOTA with other nonprofits in South Dakota and across the country.