COWETA VETERANS CLUB INC

EIN: 581438152 Public & Societal Benefit

NEWNAN, GA

Total Revenue
$125,527
Total Expenses
$95,219
Total Assets
$30,308
Net Assets
$30,308
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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
2010
Legal Domicile
GA
Principal Officer
BARBARA BOONE
Phone
7702516949
Tax Period
2024-01-01 to 2024-12-31

COWETA VETERANS CLUB INC, founded in 2010, is a small nonprofit in the Public & Societal Benefit sector that reported $126K in total revenue in fiscal year 2024. Revenue surged 467% from the prior year, signaling strong growth momentum. The organization ran a surplus of $30K, a strong 24% operating margin.

Mission

Veteran Organization Meeting Facility Veteran Holiday Celebrations Military Branch Birthday Veteran Socialization Veteran and Family Support

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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 (2024)

Revenue Breakdown

Contributions & Grants $27,319
Program Service Revenue $0
Investment Income $0
Other Revenue $98,208
TOTAL REVENUE $125,527

Expense Breakdown

Grants Paid $0
Salaries & Benefits $51,546
Fundraising Expenses $0
Program Expenses $0
Other Expenses $43,673
TOTAL EXPENSES $95,219

Year-over-Year Comparison

2024 2023 Change
Revenue $125,527 $22,124 +4.7%
Expenses $95,219 $51,245 +0.9%
Net Income $30,308 $-29,121 -2.0%
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
11
Independent Members
11
Employees
N/A
Volunteers
25

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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Dave Mercier Chairman - volunteer 4.00
Officer
$0 $0 $0
Barbara Boone Finance Officer - volunteer 30.00
Officer
$0 $0 $0
Don Herr Commander VFW - volunteer 4.00
Officer
$0 $0 $0
Bob War Commander American Legion - volunteer 4.00
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
2024 $125,527 $95,219 $30,308 $30,308
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