VETERANS OF FOREIGN WARS

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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

1964

Principal Officer

RON HARRIS

Phone

6055823411

Tax Period

2023-01-01 to 2023-12-31

VETERANS OF FOREIGN WARS, founded in 1964, is a small nonprofit that reported $191K in total revenue in fiscal year 2023. Revenue decreased 5% compared to the prior year.

Mission

ORGANIZED FOR VETERANS OF FOREIGN WARS TO GATHER, PROVIDE COMMUNITY EVENTS AND SUPPORT FOR OTHER VETERANS.

Program Service Accomplishments

Program 1

Expenses: $39,698 Revenue: $11,880

COMMUNITY EVENTS INCLUDED FISH FRY, LOYALTY DAY PARADE AND FEATHER PARTY.

Program 2

Expenses: $1,662 Revenue: $600

VETERAN'S RELIEF DONATIONS WERE USED TO PROVIDE SUPPORT TO A VETERAN IN FINANCIAL DISTRESS.

Program 3

Expenses: $50 Revenue: $50

VOLUNTEER AWARD AND TEACHER APPRECIATION CONTEST WINNERS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $10,079

Program Service Revenue $12,530

Investment Income $36

Other Revenue $167,997

TOTAL REVENUE $190,642

Expense Breakdown

Grants Paid $29,500

Salaries & Benefits $71,853

Fundraising Expenses $0

Program Expenses $95,931

Other Expenses $103,291

TOTAL EXPENSES $204,644

Year-over-Year Comparison

	2023	2022	Change
Revenue	$190,642	$201,594	-0.1%
Expenses	$204,644	$202,415	+0.0%
Net Income	$-14,002	$-821	+16.1%

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

N/A

Employees

Volunteers

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
RICK BOGUE	QUARTER MAST	N/A	Officer	$0	$0	$0
RON HARRIS	COMMANDER	N/A	Officer	$0	$0	$0
ANDREW SCHMIDT	JR VICE COMM	N/A	Officer	$0	$0	$0
RICK VANDENHOEK	1 YR TRUSTEE	N/A	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
2024	No data	No data	No data	No data
2023	$190,642	$204,644	$217,778	$-14,002
2022	$201,594	$202,415	$230,775	$-821
2021	$211,495	$157,263	$231,811	$54,232
2020	$119,292	$129,228	$185,045	$-9,936
2019	$177,033	$169,080	$185,708	$7,953