VETERANS OF FOREIGN WARS RONALD WESTBY POST 2638

EIN: 460240979

MADISON, SD

Total Revenue
$320,151
Total Expenses
$346,794
Total Assets
$1,194,098
Net Assets
$1,193,804
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Financial Trends

Organization Details

Formation Year
1950
Legal Domicile
SD
Principal Officer
PHIL DECURTINS
Phone
6052566771
Tax Period
2024-01-01 to 2024-12-31

VETERANS OF FOREIGN WARS RONALD WESTBY POST 2638, founded in 1950, is a small nonprofit that reported $239K in total revenue in fiscal year 2019. Revenue fell 37% from the prior year — a significant decline worth monitoring. Expenses of $212K left a modest 12% surplus.

Mission

THE PURPOSE OF THIS ORGANIZATION IS 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 THEIR DEAD; AND TO ASSIST THEIR WIDOWS AND ORPHANS; TO MAINTAIN TRUE ALLEGIANCE TO THE GOVERMENT AND FIDELITY TO ITS CONSTITUTION AND LAWS; TO FOSTER TRUE PATRIOTISM; TO MAINTAIN AND EXTEND THE INSTITUTIONS OF AMERICAN FREEDOM AND TO PRESERVE AND DEFEND THE UNITED STATES FROM HER ENEMIES.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $49,001
Program Service Revenue $204,603
Investment Income $10,231
Other Revenue $56,316
TOTAL REVENUE $320,151

Expense Breakdown

Grants Paid $13,551
Salaries & Benefits $90,141
Fundraising Expenses $0
Program Expenses $341,091
Other Expenses $243,102
TOTAL EXPENSES $346,794

Year-over-Year Comparison

2024 2023 Change
Revenue $320,151 $303,597 +0.1%
Expenses $346,794 $293,226 +0.2%
Net Income $-26,643 $10,371 -3.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
5
Independent Members
5
Employees
10
Volunteers
100

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
$4,800
Total Directors
5
$4,800
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DANNY FRISBY-GRIFFIN QUARTERMASTE 8.00
Officer Director
$4,800 $0 $4,800
PHIL DECURTINS COMMANDER 1.00
Officer Director
$0 $0 $0
ADAM MARGESON TRUSTEE 1.00
Director
$0 $0 $0
JOHN MARTIN VICE COMMAND 1.00
Officer Director
$0 $0 $0
DOUGLAS RIEDEL TRUSTEE 1.00
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 $320,151 $346,794 $1,194,098 $-26,643
2023 $303,597 $293,226 $1,220,730 $10,371
2022 $334,414 $268,433 $1,210,339 $65,981
2021 $590,276 $254,251 $1,144,095 $336,025
2020 $292,510 $224,106 $808,070 $68,404
2019 $239,242 $211,595 $739,666 $27,647
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