VETERANS OF FOREIGN WARS OF THE UNI

EIN: 581766333

CHARLOTTE, NC

Total Revenue
$66,756
Total Expenses
$88,532
Total Assets
$93,825
Net Assets
$93,825
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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
1979
Legal Domicile
NC
Principal Officer
ROBERT A PIERCE
Phone
7043323669
Tax Period
2022-01-01 to 2022-12-31

VETERANS OF FOREIGN WARS OF THE UNI, founded in 1979, is a micro nonprofit that reported $67K in total revenue in fiscal year 2022. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $89K exceeded revenue, resulting in a 33% operating deficit.

Mission

THAT THE PURPOSE OF THIS CORPORATION SHALL BE FRATERNAL, PATRIOTIC, HISTORICAL, CHARITABLE, AND EDUCATIONAL: TO PRESERVE AND STRENGTHEN COMRADESHIP AMONG ITS MEMBERS; TO ASSIST WORTHY COMRADES; TO PERPETUATE THE MEMORY AND HISTORY OF OUR DEAD; AND TO ASSIST THEIR WIDOWS AND ORPHANS; TO MAINTAIN TRUE ALLEGIANCE TO THE GOVERNMENT OF THE UNITED STATES OF AMERICA, AND FIDELITY TO ITS CONSTITUTION AND LAWS; TO FOSTER TRUE PATRIOTISM; TO MAINTAIN AND EXTEND THE INSTITUTIONS OF AMERICAN FREEDOM, AND TO PRESERVE AND DEFEND THE UNITED STATES FROM ALL HER ENEMIES.

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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 (2022)

Revenue Breakdown

Contributions & Grants $40,937
Program Service Revenue $6,726
Investment Income $-194
Other Revenue $19,287
TOTAL REVENUE $66,756

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $85,542
Other Expenses $88,532
TOTAL EXPENSES $88,532

Year-over-Year Comparison

2022 2021 Change
Revenue $66,756 $57,618 +0.2%
Expenses $88,532 $68,624 +0.3%
Net Income $-21,776 $-11,006 +1.0%
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
176
Independent Members
176
Employees
N/A
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
4
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WANDA BARRON ADJUTANT N/A
Director
$0 $0 $0
JENNIFER A DRISKER JUDGE ADVOCA N/A
Director
$0 $0 $0
NATHANIEL S DRISKER ADJUNCT 2.00
Director
$0 $0 $0
JEFFERY FRIAR CHAPLAIN N/A
Director
$0 $0 $0
DARRELL GRISBY TRUSTEE N/A
Director
$0 $0 $0
WALLACE HALL COMMANDER 2.00
Officer Director
$0 $0 $0
RUSSELL MCDONALD QUARTERMASTE 2.00
Officer Director
$0 $0 $0
JEROME L MENEDEZ SURGEON 2.00
Officer Director
$0 $0 $0
ROBERT A PIERCE S.VICE COMMA 2.00
Officer Director
$0 $0 $0
SAMUEL S STATON TRUSTEE 2.00
Director
$0 $0 $0
ARTHUR L WILSON TRUSTEE 2.00
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
2022 $66,756 $88,532 $93,825 $-21,776
2021 $57,618 $68,624 $115,601 $-11,006
2020 $52,806 $63,038 $156,073 $-10,232
2019 $54,900 $88,568 $166,305 $-33,668
2018 $63,021 $112,440 $199,923 $-49,419
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