VETERANS OF FOREIGN WARS OF THE UNITED STATES-VFW POST 7460

EIN: 520627915

CAMBRIDGE, MD

Total Revenue
$189,433
Total Expenses
$249,842
Total Assets
$470,247
Net Assets
$470,247
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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
MD
Principal Officer
BARON BAILEY
Phone
4102287460
Tax Period
2023-01-01 to 2023-12-31

VETERANS OF FOREIGN WARS OF THE UNITED STATES-VFW POST 7460, founded in 1946, is a small nonprofit that reported $189K in total revenue in fiscal year 2023. Revenue decreased 18% compared to the prior year. Expenses of $250K exceeded revenue, resulting in a 32% operating deficit.

Mission

SOCIAL WELFARE OF "WAR 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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $419
Program Service Revenue $183,920
Investment Income $5
Other Revenue $5,089
TOTAL REVENUE $189,433

Expense Breakdown

Grants Paid $52,174
Salaries & Benefits $61,427
Fundraising Expenses $0
Other Expenses $136,241
TOTAL EXPENSES $249,842

Year-over-Year Comparison

2023 2022 Change
Revenue $189,433 $231,931 -0.2%
Expenses $249,842 $270,033 -0.1%
Net Income $-60,409 $-38,102 +0.6%
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
6
Independent Members
150
Employees
5
Volunteers
25

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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BARON BAILEY COMMANDER N/A
Officer
$0 $0 $0
ERIC DOTY VICE COMMAND N/A
Officer
$0 $0 $0
SAMUEL REEDER QUARTERMASTE 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 $189,433 $249,842 $470,247 $-60,409
2022 $231,931 $270,033 $530,656 $-38,102
2021 $177,305 $178,158 $569,567 $-853
2020 $142,548 $139,484 $569,611 $3,064
2019 $259,724 $220,343 $566,547 $39,381
2018 $140,822 $205,080 $527,166 $-64,258
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