VETERANS OF FOREIGN WARS DEPARTMENT OF WEST VIRGINIA

EIN: 550313876

Parkersburg, WV

Total Revenue
$195,133
Total Expenses
$210,991
Total Assets
$608,335
Net Assets
$530,651
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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
1932
Legal Domicile
WV
Principal Officer
DAVE GEORGE
Phone
3044821299
Tax Period
2023-07-01 to 2024-06-30

VETERANS OF FOREIGN WARS DEPARTMENT OF WEST VIRGINIA, founded in 1932, is a small nonprofit that reported $195K in total revenue in fiscal year 2023. Revenue decreased 15% compared to the prior year. Net assets of $531K represent 33 months of operating reserves.

Mission

TO PROVIDE MEETING PLACE FOR VETERANS AND THEIR FAMILIES.

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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 $8,494
Program Service Revenue $0
Investment Income $0
Other Revenue $186,639
TOTAL REVENUE $195,133

Expense Breakdown

Grants Paid $0
Salaries & Benefits $101,198
Fundraising Expenses $0
Other Expenses $109,793
TOTAL EXPENSES $210,991

Year-over-Year Comparison

2023 2022 Change
Revenue $195,133 $230,365 -0.2%
Expenses $210,991 $240,503 -0.1%
Net Income $-15,858 $-10,138 +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
658
Independent Members
658
Employees
9
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
1
$0
Total Directors
2
$0
Key Employees
1
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVE GEORGE QUARTERMASTER 020.00
Officer Director
$0 $0 $0
DEBBIE SCHRECKENGOST POST MANAGER 040.00
Director Key Emp
$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 $195,133 $210,991 $608,335 $-15,858
2023 $230,365 $240,503 $627,554 $-10,138
2022 $268,219 $264,039 $643,154 $4,180
2021 $279,132 $275,837 $664,799 $3,295
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