VETERANS OF FOREIGN WARS POST 1517

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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

1941

Legal Domicile

Principal Officer

BOBBY L MUNDT

Phone

3087625126

Tax Period

2019-07-01 to 2020-06-30

VETERANS OF FOREIGN WARS POST 1517, founded in 1941, is a micro nonprofit that reported $3K in total revenue in fiscal year 2019. Revenue fell 62% from the prior year — a significant decline worth monitoring. Expenses of $10K exceeded revenue, resulting in a 246% operating deficit.

Mission

The Veterans of Foreign Wars was created for the welfare and betterment of US veterans. A social club and meeting hall is maintained for them and their families with the funds received from membership dues and donations.

Program Service Accomplishments

Program 1

Activites for veterans and youth activities

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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 (2019)

Revenue Breakdown

Contributions & Grants $578

Program Service Revenue $0

Investment Income $184

Other Revenue $2,036

TOTAL REVENUE $2,798

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $9,695

TOTAL EXPENSES $9,695

Year-over-Year Comparison

	2019	2018	Change
Revenue	$2,798	$7,312	-0.6%
Expenses	$9,695	$21,771	-0.6%
Net Income	$-6,897	$-14,459	-0.5%

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

N/A

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
ROGER BAKKEHAUG	PRESIDENT	001.00	Officer Director	$0	$0	$0
BOBBY L MUNDT	SECRETARY/TREASURER	001.00	Officer Director	$0	$0	$0
DENNIS THOMPSON	DIRECTOR	001.00	Officer Director	$0	$0	$0
JAMES COLLINS	DIRECTOR	001.00	Officer Director	$0	$0	$0
WILLIAM FRAEDRICK	DIRECTOR	001.00	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
2020	$2,798	$9,695	$99,098	$-6,897
2019	$7,312	$21,771	$105,995	$-14,459