VETERANS OF FOREIGN WARS-POST 392

EIN: 541119242

VIRGINIA BEACH, VA

Total Revenue
$392,827
Total Expenses
$271,022
Total Assets
$1,286,872
Net Assets
$1,286,872
🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
VA
Principal Officer
KEVIN M HEBERT
Phone
7574865875
Tax Period
2024-07-01 to 2025-06-30

VETERANS OF FOREIGN WARS-POST 392, founded in 1999, is a small nonprofit that reported $180K in total revenue in fiscal year 2020. Revenue decreased 6% compared to the prior year. The organization ran a surplus of $28K, a strong 16% operating margin.

Mission

THE PURPOSE OF THIS CORPORATION SHALL BE FRATERNAL, PATRIOTIC, HISTORICAL, AND EDUCATIONAL; TO PRESERVE AND STRENGTHEN COMRADESHIP AMONG IT'S MEMBERS; TO ASSIST WORTHY COMRADES; TO PERPETUATE THE MEMORY AND HISTORY OF OUR DEAD, AND TO ASSIST THEIR WIDOWS AND ORPHANS; TO MAINTAIN TRUE ALLEGIANCE TO THE GOVERNMENT OF THE USA, AND FIDELITY TO IT'S CONSTITUTION AND LAWS; TO FOSTER TRUE PATRIOTISM; TO MAINTAIN AND EXTEND THE INSTITUTIONS OF AMERICAN FREEDOM, AND TO PRESERVE AND DEFEND THE US FROM ALL OF HER ENEMIES, WHOMSOEVER.ALL FUNDS RECEIVED AND EXPENDED ARE IN DIRECT SUPPORT OF THIS CORPORATION'S PURPOSE STATED ABOVE AND ARE DETAILED IN THE ATTACHED SCHEDULES.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $34,988
Program Service Revenue $0
Investment Income $7,787
Other Revenue $350,052
TOTAL REVENUE $392,827

Expense Breakdown

Grants Paid $118,529
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $118,529
Other Expenses $152,493
TOTAL EXPENSES $271,022

Year-over-Year Comparison

2024 2023 Change
Revenue $392,827 $272,546 +0.4%
Expenses $271,022 $173,335 +0.6%
Net Income $121,805 $99,211 +0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
11
Independent Members
10
Employees
14
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
8
$30,000
Total Directors
11
$30,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KEVIN M HEBERT COMMANDER 20.00
Officer Director
$0 $0 $0
STEVEN H WILKINS SR. VICE COMMANDER 10.00
Officer Director
$0 $0 $0
THOMAS C HORTON III JR. VICE COMMANDER 10.00
Officer Director
$0 $0 $0
JOHN H PHILLIPS QUARTERMASTER 30.00
Officer Director
$30,000 $0 $30,000
MICHAEL T MARUSHIA SR ADJUTANT 2.00
Officer Director
$0 $0 $0
DUANE E GORDON JUDGE ADVOCATE 1.00
Officer Director
$0 $0 $0
ROBERT C STEWART SURGEON 1.00
Officer Director
$0 $0 $0
DONALD E JACKSON CHAPLAIN 1.00
Officer Director
$0 $0 $0
TROY J WAGERS 1 YEAR TRUSTEE 1.00
Director
$0 $0 $0
JOHN R SIDLOVSKY 2 YEAR TRUSTEE 1.00
Director
$0 $0 $0
JOSEPH T MAHACHEK 3 YEAR TRUSTEE 1.00
Director
$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 $392,827 $271,022 $1,286,872 $121,805
2024 $272,546 $173,335 $1,160,482 $99,211
2023 $201,891 $163,813 $1,051,393 $38,078
2022 $245,231 $187,487 $984,658 $57,744
2021 $180,156 $151,718 $952,037 $28,438
Explore More Nonprofits
Top 100 Nonprofits in Virginia Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare VETERANS OF FOREIGN WARS-POST 392 with other nonprofits in Virginia and across the country.