VETERANS OF FOREIGN WARS DEPARTMENT (EIN 550299978) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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

Financial Trends

Organization Details

Formation Year

1947

Legal Domicile

Tax Period

2022-07-01 to 2023-06-30

VETERANS OF FOREIGN WARS DEPARTMENT, founded in 1947, is a small nonprofit that reported $136K in total revenue in fiscal year 2022. Revenue decreased 12% compared to the prior year. Expenses of $198K exceeded revenue, resulting in a 46% operating deficit.

Mission

THE OBJECTS OF THE VFW ARE FRATERNAL, PATRIOTIC, HISTORICAL AND EDUCATIONAL; TO PRESERVE AND STRENGTHEN COMRADESHIP AMONG ITS MEMBERS; TO ASSIST WORTHY COMRADES; TO PERPETUATE THE MEMORY AND HISTORY OF OUR DEAD....

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $10,000

Program Service Revenue $0

Investment Income $23

Other Revenue $125,545

TOTAL REVENUE $135,568

Expense Breakdown

Grants Paid $0

Salaries & Benefits $78,407

Fundraising Expenses $0

Program Expenses $197,708

Other Expenses $119,301

TOTAL EXPENSES $197,708

Year-over-Year Comparison

	2022	2021	Change
Revenue	$135,568	$154,399	-0.1%
Expenses	$197,708	$138,019	+0.4%
Net Income	$-62,140	$16,380	-4.8%

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

Governance

Voting Members

507

Independent Members

503

Employees

Volunteers

507

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
KEITH WINDSOR	COMMANDER	15.00	Director Key Emp	$0	$0	$0
JOE HUTTON	SR VICE COMMANDER	20.00	Officer	$0	$0	$0
DANNY MANLEY	QUARTERMASTER	20.00	Officer	$0	$0	$0
DON R RIVERS	JR VICE COMMANDER	20.00	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	$135,568	$197,708	$210,828	$-62,140
2022	$154,399	$138,019	$272,968	$16,380
2020	$114,682	$122,869	$103,175	$-8,187
2019	$297,804	$256,948	$84,694	$40,856
2018	$161,001	$162,179	$32,790	$-1,178

VETERANS OF FOREIGN WARS DEPARTMENT