VETERANS OF FOREIGN WARS POST 3507

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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

Principal Officer

DAVID DABERKOW

Tax Period

2024-01-01 to 2024-12-31

VETERANS OF FOREIGN WARS POST 3507, founded in 1950, is a small nonprofit that reported $591K in total revenue in fiscal year 2024.

Mission

TO PROMOTE VALUES INHERENT TO A DEMOCRATIC SOCIETY THROUGH HONORING WAR VETERANS OF THE ARMED FORCES AND DECEASED SERVICEMEN.

Program Service Accomplishments

Program 1

Expenses: $577,721

PROVIDED SOCIAL AND RECREATIONAL ACTIVITIES FOR MEMBERS AND NONMEMBERS.

Program 2

Expenses: $6,273

DONATIONS TO LOCAL YOUTH ORGANIZATIONS AND COLLEGE STUDENTS TO PROMOTE PROGRAMS TO PERPETUATE THE MEMORY OF DECEASED SERVICEMEN AND VETERANS OF THE ARMED FORCES, AND TO PROMOTE VALUES INHERENT TO A...

Program 3

Expenses: $4,098

PROVIDED MEALS TO MEMBERS AT MONTHLY MEETINGS, PAID NATIONAL VFW DUES, MISCELLANEOUS MEMBER RECOGNITION AND APPRECIATION.

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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 $21

Program Service Revenue $586,543

Investment Income $4,495

Other Revenue $0

TOTAL REVENUE $591,059

Expense Breakdown

Grants Paid $6,273

Salaries & Benefits $196,111

Fundraising Expenses $0

Program Expenses $588,092

Other Expenses $384,208

TOTAL EXPENSES $588,092

Year-over-Year Comparison

	2024	2023	Change
Revenue	$591,059	$586,532	+0.0%
Expenses	$588,092	$602,044	0.0%
Net Income	$2,967	$-15,512	-1.2%

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

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
DAVID DABERKOW	QUARTERMASTER	2.00	Officer Director	$0	$0	$0
DAVID GEYER	COMMANDER	0.00	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
2024	$591,059	$588,092	$330,292	$2,967
2023	$586,532	$602,044	$321,688	$-15,512
2022	$599,299	$592,847	$339,407	$6,452
2021	$592,686	$557,660	$337,178	$35,026
2020	$400,810	$418,775	$292,168	$-17,965
2019	$550,423	$561,341	$265,999	$-10,918
2018	$564,377	$506,356	$275,769	$58,021