ESSEX MEMORIAL POST 2621 VFW INC

EIN: 520820634 Public & Societal Benefit

ESSEX, MD

Total Revenue
$259,213
Total Expenses
$222,353
Total Assets
$123,713
Net Assets
$123,713
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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
1952
Legal Domicile
MD
Principal Officer
RON RAAB
Phone
4437220247
Tax Period
2023-07-01 to 2024-06-30

ESSEX MEMORIAL POST 2621 VFW INC, founded in 1952, is a small nonprofit in the Public & Societal Benefit sector that reported $259K in total revenue in fiscal year 2023. Expenses of $222K left a modest 14% surplus.

Mission

VETERANS AND THEIR FAMILY NEEDS

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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 $2,825
Program Service Revenue $181,162
Investment Income $0
Other Revenue $75,226
TOTAL REVENUE $259,213

Expense Breakdown

Grants Paid $0
Salaries & Benefits $8,669
Fundraising Expenses $0
Other Expenses $213,684
TOTAL EXPENSES $222,353

Year-over-Year Comparison

2023 2022 Change
Revenue $259,213 $250,747 +0.0%
Expenses $222,353 $250,731 -0.1%
Net Income $36,860 $16 +2302.8%
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
4
Independent Members
4
Employees
11
Volunteers
30

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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RON RAAB COMMANDER N/A
Officer
$0 $0 $0
FRED CALO SENIOR VICE N/A
Officer
$0 $0 $0
JOSEPH AMOS JUNIOR VICE N/A
Officer
$0 $0 $0
STEVE L BLOODSWORTH 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
2025 No data No data No data No data
2024 $259,213 $222,353 $123,713 $36,860
2023 $250,747 $250,731 $86,853 $16
2022 $260,630 $210,091 $86,837 $50,539
2021 $144,730 $108,432 No data $36,298
2020 $80,798 $195,549 No data $-114,751
2019 $125,756 $156,962 No data $-31,206
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