VETERANS OF FOREIGN WARS OF THE UNTIED STATES DEPT OF TENNESSEE (EIN 626050462) - 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

1957

Legal Domicile

Principal Officer

Darrell Birk

Phone

6154626287

Tax Period

2024-01-01 to 2024-12-31

VETERANS OF FOREIGN WARS OF THE UNTIED STATES DEPT OF TENNESSEE, founded in 1957, is a small nonprofit that reported $287K in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year. Expenses of $327K exceeded revenue, resulting in a 14% operating deficit.

Mission

To promote the emotional and physical well being of Veterans who have served our country

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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 $0

Program Service Revenue $0

Investment Income $0

Other Revenue $287,213

TOTAL REVENUE $287,213

Expense Breakdown

Grants Paid $0

Salaries & Benefits $60,972

Fundraising Expenses $0

Program Expenses $14,704

Other Expenses $266,246

TOTAL EXPENSES $327,218

Year-over-Year Comparison

	2024	2023	Change
Revenue	$287,213	$315,105	-0.1%
Expenses	$327,218	$355,466	-0.1%
Net Income	$-40,005	$-40,361	0.0%

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

Governance

Voting Members

365

Independent Members

365

Employees

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
Charles Goodreau	Senior Vice Commander	10.00	Officer Director Key Emp	$0	$0	$0
Alfredo Aldana	Junior Vice Commander	10.0	Officer Director Key Emp	$0	$0	$0
Zale Hicks	Quartermaster	30.0	Officer Director Key Emp	$0	$0	$0
Darrell Birk	Commander	10.0	Officer Key Emp	$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	$287,213	$327,218	$63,731	$-40,005
2023	$315,105	$355,466	$53,035	$-40,361
2022	$313,764	$326,127	$44,969	$-12,363
2021	$301,822	$296,617	$59,038	$5,205
2020	$195,728	$183,982	$53,662	$11,746

VETERANS OF FOREIGN WARS OF THE UNTIED STATES DEPT OF TENNESSEE