VETERANS OF FOREIGN WARS (EIN 596162501) - 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

1967

Legal Domicile

Principal Officer

MICHAEL R PRICE

Phone

2399920023

Tax Period

2023-07-01 to 2024-06-30

VETERANS OF FOREIGN WARS, founded in 1967, is a small nonprofit that reported $466K in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $451K left a modest 3% surplus.

Mission

VETERANS ORGANIZATION AIDING VETERANS AND THEIR FAMILIES, ALL VETERANS NEED OF AID AS WELL AS ALL FAMILIES OF CURRENT SERVICE MEN AND WOMEN SERVING IN THE ARMED FORCES. SUPPORTING AND PROMOTING PATRIOTIC EVENTS AND OR

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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 (2023)

Revenue Breakdown

Contributions & Grants $92,755

Program Service Revenue $32,362

Investment Income $2,184

Other Revenue $338,396

TOTAL REVENUE $465,697

Expense Breakdown

Grants Paid $9,916

Salaries & Benefits $140,578

Fundraising Expenses $0

Other Expenses $300,556

TOTAL EXPENSES $451,050

Year-over-Year Comparison

	2023	2022	Change
Revenue	$465,697	$426,768	+0.1%
Expenses	$451,050	$409,896	+0.1%
Net Income	$14,647	$16,872	-0.1%

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

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
DONALD M THOMPSON	TRUSTEE	005.00	Director	$0	$0	$0
ROBERT W GENTRY	COMMANDER	002.00	Officer	$0	$0	$0
JOHN SENOPOLE	SR VICE COMMANDER	005.00	Officer	$0	$0	$0
BILLY L HASELHORST	JR VICE COMMANDER	005.00	Officer	$0	$0	$0
MICHAEL R PRICE	QUARTERMASTER	020.00	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	$465,697	$451,050	$201,257	$14,647
2023	$426,768	$409,896	$540,525	$16,872
2022	$415,314	$301,955	$581,883	$113,359
2021	$360,794	$198,969	$676,880	$161,825
2020	$170,793	$186,404	$612,379	$-15,611

VETERANS OF FOREIGN WARS