VETERANS OF FOREIGN WARS OF THE UNITED STATES DEPT OF NC (EIN 566068198) - 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

2011

Legal Domicile

Principal Officer

JR TAYLOR

Phone

8284569346

Tax Period

2022-06-01 to 2023-05-31

VETERANS OF FOREIGN WARS OF THE UNITED STATES DEPT OF NC, founded in 2011, is a small nonprofit that reported $181K in total revenue in fiscal year 2022. Revenue decreased 8% compared to the prior year. Expenses of $171K left a modest 5% surplus.

Mission

THE VFW IS A FATERNAL, PATRIOTIC, HISTORICAL AND CHARITABLE ORGANIZATION. SERVING TO PRESERVE AND STRENGTHEN COMRADSHIP AMONG MEMBERS AND ASSISTING 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%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $1,230

Program Service Revenue $46,407

Investment Income $0

Other Revenue $133,543

TOTAL REVENUE $181,180

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $171,459

TOTAL EXPENSES $171,459

Year-over-Year Comparison

	2022	2021	Change
Revenue	$181,180	$197,679	-0.1%
Expenses	$171,459	$139,040	+0.2%
Net Income	$9,721	$58,639	-0.8%

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

Independent Members

208

Employees

N/A

Volunteers

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
JR TAYLOR	COMMANDER	25.00	Officer	$0	$0	$0
ROBERT CLAPP	SENIOR VICE COMMANDER	10.00	Officer	$0	$0	$0
FABRIZIO CRESPO	JUNIOR VICE COMMANDER	10.00	Officer	$0	$0	$0
GARY BOLDEN	QUARTERMASTER	10.00	Officer	$0	$0	$0
MADI NERI	QUARTERMASTER ASSIST	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	$181,180	$171,459	$499,018	$9,721
2021	$190,726	$121,215	$542,341	$69,511
2021	$197,679	$139,040	$489,297	$58,639
2020	$106,343	$121,561	$481,757	$-15,218

VETERANS OF FOREIGN WARS OF THE UNITED STATES DEPT OF NC