VETERANS OF FOREIGN WARS POST NO 6 HOLDING CORPORATION OF OWENSBORO K (EIN 610340900) - 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

1940

Legal Domicile

Principal Officer

JOSEPH BENNINGFIELD

Phone

2706868649

Tax Period

2024-04-01 to 2025-03-31

VETERANS OF FOREIGN WARS POST NO 6 HOLDING CORPORATION OF OWENSBORO K, founded in 1940, is a community nonprofit that reported $1.4M in total revenue in fiscal year 2024. The organization ran a surplus of $713K, a strong 49% operating margin.

Mission

ORGANIZATION FOR THE BENEFIT OF VETERANS OF FOREIGN WARS.

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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 $33,810

Program Service Revenue $9,804

Investment Income $55,938

Other Revenue $1,341,770

TOTAL REVENUE $1,441,322

Expense Breakdown

Grants Paid $0

Salaries & Benefits $230,982

Fundraising Expenses $0

Program Expenses $75,403

Other Expenses $497,642

TOTAL EXPENSES $728,624

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,441,322	$1,388,952	+0.0%
Expenses	$728,624	$614,498	+0.2%
Net Income	$712,698	$774,454	-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

N/A

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
JOSEPH BENNINGFIELD	COMMANDER	5.00	Officer Director	$0	$0	$0
BRUCE BOLING	SENIOR VICE COMMANDE	5.00	Officer Director	$0	$0	$0
PHILLIP J SATTERFIELD	JUNIOR VICE-COMMANDE	5.00	Officer Director	$0	$0	$0
THOMAS SMITH	QUARTERMASTER	5.00	Officer Director	$0	$0	$0
LAWRENCE H MERIWETHER	CHAPLAIN	5.00	Officer Director	$0	$0	$0
JOSEPH T PAGAN	1 YEAR TRUSTEE	5.00	Director	$0	$0	$0
GLEN D FRY	2 YEAR TRUSTEE	5.00	Director	$0	$0	$0
GEORGE G GOODSON	3 YEAR TRUSTEE	5.00	Director	$0	$0	$0
GLEN D FRY	JUDGE ADVOCATE	5.00	Director	$0	$0	$0
BRUCE E UNLAND	ADJUTANT	5.00	Officer	$0	$0	$0
LOUIS DRAWDY	SERVICE OFFICER	5.00	Officer	$0	$0	$0
MATTHEW BRENNER	SURGEON	5.00	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
2025	$1,441,322	$728,624	$2,470,565	$712,698
2024	$1,388,952	$614,498	$1,757,864	$774,454
2023	$677,027	$489,847	$982,037	$187,180
2022	$502,577	$425,436	$796,232	$77,141
2021	$237,214	$210,558	$723,465	$26,656
2020	$397,527	$363,943	$689,411	$33,584
2019	$345,446	$359,736	$664,860	$-14,290

VETERANS OF FOREIGN WARS POST NO 6 HOLDING CORPORATION OF OWENSBORO K