VETERANS OF FOREIGN WARS FO THE UNTIED STATES DEPT OF TENNESSEE (EIN 620471581) - 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

1945

Legal Domicile

Principal Officer

Van Canuto

Phone

9316476686

Tax Period

2023-01-01 to 2023-12-31

VETERANS OF FOREIGN WARS FO THE UNTIED STATES DEPT OF TENNESSEE, founded in 1945, is a micro nonprofit that reported $85K in total revenue in fiscal year 2023. Revenue surged 33% from the prior year, signaling strong growth momentum. The organization ran a surplus of $25K, a strong 29% operating margin.

Mission

Services/support for former and current members of the United States Armed Forces. To provide a post home for returning military members after deployments and upon separation from the military. Allows friendship and fellowship with other veterans that have served in a combat zone in various military conflicts.

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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 $22,993

Program Service Revenue $0

Investment Income $331

Other Revenue $61,410

TOTAL REVENUE $84,734

Expense Breakdown

Grants Paid $17,405

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $15,769

Other Expenses $42,810

TOTAL EXPENSES $60,215

Year-over-Year Comparison

	2023	2022	Change
Revenue	$84,734	$63,658	+0.3%
Expenses	$60,215	$53,967	+0.1%
Net Income	$24,519	$9,691	+1.5%

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

574

Independent Members

574

Employees

N/A

Volunteers

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
Van Canuto	Commander (President)	12	Officer Key Emp	$0	$0	$0
Rodney Porter	Quartermaster (Treasurer)	18	Officer Key Emp	$0	$0	$0
Tommy Brooks	Senior Vice Commander	6	Officer	$0	$0	$0
James Renfrow	Junior Vice Commander	3	Officer	$0	$0	$0
Kenneth Smith	Staff Judge Advocate	4	Officer	$0	$0	$0
Ray Carroll	Surgeon	2	Officer	$0	$0	$0
Kevin Short	Chaplain	2	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	No data	No data	No data	No data
2023	$84,734	$60,215	$479,114	$24,519

VETERANS OF FOREIGN WARS FO THE UNTIED STATES DEPT OF TENNESSEE