VETERANS OF FOREIGN WARS OF THE UNITED STATES DEPT OF WEST VA 5501 VFW (EIN 550551682) - Form 990 Financial Analysis & Trantor Score

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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

1991

Legal Domicile

Principal Officer

ANTHONY SCARBERRY

Phone

3043723013

Tax Period

2024-01-01 to 2024-12-31

VETERANS OF FOREIGN WARS OF THE UNITED STATES DEPT OF WEST VA 5501 VFW, founded in 1991, is a small nonprofit that reported $106K in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year. Expenses of $119K exceeded revenue, resulting in a 13% operating deficit.

Mission

NET PROCEEDS USED TO SUPPORT CHARTIES, NEEDS OF VETERANS, COMMUNITY ORGANIZATION, AND HONOR GUARD AT VET FUNERALS, VISIT VETS IN CARE CENTERS ON ALL HOLIDAYS AND DELIVER GIFTS FOR VETS,. FURNISH

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $5,214

Program Service Revenue $0

Investment Income $27

Other Revenue $100,505

TOTAL REVENUE $105,746

Expense Breakdown

Grants Paid $0

Salaries & Benefits $48,104

Fundraising Expenses $0

Other Expenses $70,974

TOTAL EXPENSES $119,078

Year-over-Year Comparison

	2024	2023	Change
Revenue	$105,746	$116,582	-0.1%
Expenses	$119,078	$110,162	+0.1%
Net Income	$-13,332	$6,420	-3.1%

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

123

Independent Members

N/A

Employees

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

Total Directors

$9,109

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRENDA HORNE	COMMANDER	036.00	Director	$9,109	$0	$9,109
MICHAEL LANE	SR VICE COMMANDER	005.00	Director	$0	$0	$0
ANTHONY SCARBERRY	QUARTERMASTER	005.00	Director	$0	$0	$0
DEREK FORD	JR VICE COMMANDWE	005.00	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
2024	$105,746	$119,078	$102,310	$-13,332
2023	$116,582	$110,162	$115,165	$6,420
2022	$120,512	$117,308	$108,419	$3,204
2021	$119,217	$126,880	$105,215	$-7,663
2020	$91,485	$76,222	$112,878	$15,263

VETERANS OF FOREIGN WARS OF THE UNITED STATES DEPT OF WEST VA 5501 VFW