VETERANS OF FOREIGN WARS OF THE UNITED STATES DEPARTMENT OF N C

EIN: 566068355

Southern Pines, NC

Total Revenue
$155,226
Total Expenses
$101,539
Total Assets
$532,033
Net Assets
$532,033
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1946
Legal Domicile
NC
Phone
9106923772
Tax Period
2023-01-01 to 2023-12-31

VETERANS OF FOREIGN WARS OF THE UNITED STATES DEPARTMENT OF N C, founded in 1946, is a small nonprofit that reported $155K in total revenue in fiscal year 2023. Revenue surged 35% from the prior year, signaling strong growth momentum. The organization ran a surplus of $54K, a strong 35% operating margin.

Mission

Foster camaraderie among United States veterans of overseas conflicts. Serve our veterans, the military, and our communities. Advocate on behalf of all veterans. Our vision is to ensure that veterans are respected for their service, receive their earned entitlements, and are recognized for the sacrifices they and their loved ones have made on behalf of this great country. The VFW is an organization of war veterans committed to ensuring rights, remembering sacrifices, promoting patriotism, performing community services and advocating for a strong national defense. Our post is named for John Boyd, the first resident of Moore County to be lost during WWII. Throughout our over 70 year history here in the Sandhills of North Carolina, Post 7318 works to support all service members, in their lives after serving our nation. Renovating our current Post home in 2015, we have become a premier location for veterans visiting the area. We have robust Veteran's Relief Support System.

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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 $155,226
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $155,226

Expense Breakdown

Grants Paid $14,200
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $101,539
Other Expenses $82,124
TOTAL EXPENSES $101,539

Year-over-Year Comparison

2023 2022 Change
Revenue $155,226 $114,788 +0.4%
Expenses $101,539 $92,229 +0.1%
Net Income $53,687 $22,559 +1.4%
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

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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
984
Independent Members
N/A
Employees
N/A
Volunteers
884

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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mark Carey 1 Year Trustee 5
$0 $0 $0
Gary Freemal 2 Year Trustee 5
$0 $0 $0
Gary Tully 3 Year Trustee 10
$0 $0 $0
Catlyne Arreguin Junior Vice Commander 5
$0 $0 $0
Craig Armstrong Commander 15
Officer
$0 $0 $0
Kevin Johnson Senior Vice Commander 12
Officer
$0 $0 $0
Anna Johnson Quartermaster 24
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
2024 No data No data No data No data
2023 $155,226 $101,539 $532,033 $53,687
2022 $114,788 $92,229 $478,346 $22,559
2021 $87,602 $72,282 $460,883 $15,320
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