VICTORY 4 VETERANS INC

EIN: 461456384 501(c)(3) Public & Societal Benefit

WEST SPRINGFIELD, MA

Total Revenue
$-1,043
Total Expenses
$321
Total Assets
$7,882
Net Assets
$7,882
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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
2013
Legal Domicile
MA
Tax Period
2019-01-01 to 2019-12-31

VICTORY 4 VETERANS INC, founded in 2013, is a micro nonprofit in the Public & Societal Benefit sector that reported $1K in total revenue in fiscal year 2019. Revenue fell 102% from the prior year — a significant decline worth monitoring.

Mission

MAINTAIN AN ACTIVE NON-PROFIT ORGANIZATION INTERESTED IN FURTHERING THE DEVELOPMENT OF THE ACTIVITIES AND OFFERINGS TO THE RESIDENTS OF THE HOLYOKE SOLDIERS HOME AND OTHER LOCAL VETERANS OUTREACH PROGRAMS THROUGH VARIOUS FUNDRAISING EVENTS

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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%)

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $-1,043
TOTAL REVENUE $-1,043

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $267
Other Expenses $321
TOTAL EXPENSES $321

Year-over-Year Comparison

2019 2018 Change
Revenue $-1,043 $42,668 -1.0%
Expenses $321 $44,794 -1.0%
Net Income $-1,364 $-2,126 -0.4%
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

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
5

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
1
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRENDA PURDY SECRETARY 2.00
Director
$0 $0 $0
RICHARD RIVET PRESIDENT 5.00
Director
$0 $0 $0
MICHELE OPAROWSKI DIRECTOR 5.00
Director
$0 $0 $0
JOHN SULLIVAN DIRECTOR 2.00
Director
$0 $0 $0
KERRI S REED TREASURER 5.00
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
2019 $-1,043 $321 $7,882 $-1,364
2018 $42,668 $44,794 $9,246 $-2,126
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