VETERANS OF FOREIGN WARS OF THE (EIN 480558953) - Form 990 Financial Analysis & Trantor Score

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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

1933

Legal Domicile

Principal Officer

DAMON E RICKARD

Tax Period

2023-01-01 to 2023-12-31

VETERANS OF FOREIGN WARS OF THE, founded in 1933, is a small nonprofit that reported $135K in total revenue in fiscal year 2023. Revenue surged 29% from the prior year, signaling strong growth momentum. The organization ran a surplus of $39K, a strong 28% operating margin.

Mission

TO FOSTER CAMARADERIE AMONG UNITED STATES VETERANS OF OVERSEAS CONFLICTS. TO SERVE OUR VETERANS, THE MILITARY AND OUR COMMUNITIES. TO ADVOCATE ON BEHALF OF ALL VETERANS.

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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 $162

Program Service Revenue $0

Investment Income $21

Other Revenue $135,299

TOTAL REVENUE $135,482

Expense Breakdown

Grants Paid $2,290

Salaries & Benefits $12,619

Fundraising Expenses $0

Program Expenses $91,622

Other Expenses $81,985

TOTAL EXPENSES $96,894

Year-over-Year Comparison

	2023	2022	Change
Revenue	$135,482	$104,902	+0.3%
Expenses	$96,894	$104,141	-0.1%
Net Income	$38,588	$761	+49.7%

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

157

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
GREG KROSKEY	JUDGE ADVOCATE	0.00		$0	$0	$0
BRANDON TATMAN	2 YEAR TRUSTEE	0.00		$0	$0	$0
GARY BENNETT	1 YEAR TRUSTEE	0.00	Officer	$0	$0	$0
HAROLD L GILLIHAN	SURGEON	5.00	Officer	$0	$0	$0
RANDY L LEE	CHAPLAIN	0.00	Officer	$0	$0	$0
MICHAEL TURNER	SENIOR VICE COMMANDER	3.00	Officer	$0	$0	$0
DAMON E RICKARD	COMMANDER	40.00	Officer	$0	$0	$0
ERNESTO V GONZALES	QUARTERMASTER	4.00	Officer	$0	$0	$0
TYREL RALL	JUNIOR VICE COMMANDER	3.00	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
2024	No data	No data	No data	No data
2023	$135,482	$96,894	$286,464	$38,588
2022	$104,902	$104,141	$253,517	$761
2021	$74,190	$80,909	$252,410	$-6,719
2020	$82,019	$55,057	$254,704	$26,962

VETERANS OF FOREIGN WARS OF THE