VETERANS OF FOREIGN WARS DEPT 1590 (EIN 591029483) - 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

1964

Legal Domicile

Principal Officer

Joseph Herald Quatermast

Phone

3862525844

Tax Period

2024-07-01 to 2025-06-30

VETERANS OF FOREIGN WARS DEPT 1590, founded in 1964, is a small nonprofit that reported $116K in total revenue in fiscal year 2024. Revenue surged 122% from the prior year, signaling strong growth momentum. The organization ran a surplus of $55K, a strong 47% operating margin.

Mission

Assist veterans

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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 $100,724

Program Service Revenue $2,472

Investment Income $0

Other Revenue $12,439

TOTAL REVENUE $115,635

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $3,974

Other Expenses $56,791

TOTAL EXPENSES $60,765

Year-over-Year Comparison

	2024	2023	Change
Revenue	$115,635	$51,981	+1.2%
Expenses	$60,765	$74,289	-0.2%
Net Income	$54,870	$-22,308	-3.5%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
Joseph Herald	Quatermaster	Officer	$0	$0	$0
Gerald Heikkila	Commander	Officer	$0	$0	$0
Diane Stuck	Sr Vice Commander	Officer	$0	$0	$0
Rod Shallow	Jr Vice Commander	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
2025	$115,635	$60,765	$83,883	$54,870
2024	$51,981	$74,289	$29,013	$-22,308
2023	$92,106	$113,807	$51,321	$-21,701
2022	$98,133	$84,272	$73,022	$13,861
2021	$92,039	$73,574	$51,458	$18,465
2020	$117,193	$135,537	$32,993	$-18,344
2019	$151,878	$130,088	$51,337	$21,790

VETERANS OF FOREIGN WARS DEPT 1590