DELAWARE VETERANS INC POST #1

EIN: 510081490

WILMINGTON, DE

Total Revenue
$732,516
Total Expenses
$772,137
Total Assets
$1,133,295
Net Assets
$1,055,372
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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
1946
Legal Domicile
DE
Principal Officer
BOB ONORATO
Phone
3024759891
Tax Period
2023-01-01 to 2023-12-31

DELAWARE VETERANS INC POST #1, founded in 1946, is a small nonprofit that reported $733K in total revenue in fiscal year 2023.

Mission

TO PROMOTE THE WELFARE OF VETERANS AND THEIR FAMILIES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $671,909
Investment Income $93
Other Revenue $60,514
TOTAL REVENUE $732,516

Expense Breakdown

Grants Paid $4,000
Salaries & Benefits $106,708
Fundraising Expenses $0
Program Expenses $772,137
Other Expenses $661,429
TOTAL EXPENSES $772,137

Year-over-Year Comparison

2023 2022 Change
Revenue $732,516 $718,462 +0.0%
Expenses $772,137 $686,113 +0.1%
Net Income $-39,621 $32,349 -2.2%
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
496
Independent Members
392
Employees
26
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
6
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BOB ONORATO COMMANDER 0.00
Officer
$0 $0 $0
JOHN PASTOR VICE-COMMANDER 0.00
Officer
$0 $0 $0
MARK SCHILLING SECRETARY 0.00
Officer
$0 $0 $0
MICHAEL JANES TREASURER 0.00
Officer
$0 $0 $0
BILL CONAWAY TREASURER-ELECT 0.00
Officer
$0 $0 $0
BILL ALLISON SERGEANT-AT-ARMS 0.00
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 $732,516 $772,137 $1,133,295 $-39,621
2022 $718,462 $686,113 $1,112,958 $32,349
2021 $568,499 $590,402 $1,104,379 $-21,903
2020 $347,343 $429,691 $1,132,106 $-82,348
2019 $675,498 $658,806 $1,166,895 $16,692
2018 $607,947 $650,744 $1,150,203 $-42,797
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