VETERANS OF FOREIGN WARS OF THE UNITED STATES DEPT OF VIRGINIA (EIN 540808605) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1965

Legal Domicile

Principal Officer

TERRANCE WILSON

Phone

7576732441

Tax Period

2022-06-01 to 2023-05-31

VETERANS OF FOREIGN WARS OF THE UNITED STATES DEPT OF VIRGINIA, founded in 1965, is a micro nonprofit that reported $37K in total revenue in fiscal year 2021. Revenue fell 40% from the prior year — a significant decline worth monitoring. Expenses of $73K exceeded revenue, resulting in a 98% operating deficit.

Mission

FRATERNAL ORDER OF VETERANS OF WAR. PRIMARY PURPOSE IS TO PROVIDE A PLACE FOR MEMBERS OF THE ARMED FORCES , VERTERANS OF FOREIGN WAR & THEIR FAMILIES TO GATHER. ALL MONIES RAISED ARE USED TO BETTER SERVE OUR MEMBERS AND THE COMMUNITY AT LARGE.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $631

Program Service Revenue $0

Investment Income $47

Other Revenue $69,042

TOTAL REVENUE $69,720

Expense Breakdown

Grants Paid $0

Salaries & Benefits $28,664

Fundraising Expenses $0

Program Expenses $2,942

Other Expenses $35,541

TOTAL EXPENSES $67,147

Year-over-Year Comparison

	2022	2021	Change
Revenue	$69,720	$37,062	+0.9%
Expenses	$67,147	$73,390	-0.1%
Net Income	$2,573	$-36,328	-1.1%

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

204

Independent Members

204

Employees

Volunteers

204

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
BRETT STODDARD	TRUSTEE	5.0	Director	$0	$0	$0
DEDRICK POSEY	COMMANDER	5.0	Officer	$0	$0	$0
LARRY TARPINIAN	VICE COMMANDER	5.00	Officer	$0	$0	$0
TERRANCE WILSON	QUARTERMASTER	10.00	Officer	$0	$0	$0
TERRANCE WILSON	TREASURER	10.00	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
2023	$69,720	$67,147	$23,598	$2,573
2022	$37,062	$73,390	$22,191	$-36,328

VETERANS OF FOREIGN WARS OF THE UNITED STATES DEPT OF VIRGINIA