VETERANS OF FOREIGN WARS OF THE US (EIN 640275576) - 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

1934

Legal Domicile

Principal Officer

RICHARD THORNTON

Phone

6013528904

Tax Period

2023-07-01 to 2024-06-30

VETERANS OF FOREIGN WARS OF THE US, founded in 1934, is a small nonprofit that reported $253K in total revenue in fiscal year 2023. Revenue surged 41% from the prior year, signaling strong growth momentum. The organization ran a surplus of $53K, a strong 21% operating margin.

Mission

ORGANIZATION PROVIDES VARIOUS SERVICES AND INFORMATION FOR 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 (2023)

Revenue Breakdown

Contributions & Grants $32,355

Program Service Revenue $57,834

Investment Income $63,531

Other Revenue $98,972

TOTAL REVENUE $252,692

Expense Breakdown

Grants Paid $0

Salaries & Benefits $54,965

Fundraising Expenses $0

Program Expenses $158,025

Other Expenses $144,969

TOTAL EXPENSES $199,934

Year-over-Year Comparison

	2023	2022	Change
Revenue	$252,692	$179,580	+0.4%
Expenses	$199,934	$196,474	+0.0%
Net Income	$52,758	$-16,894	-4.1%

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
DAVID MASON	STATE CHAPLA	N/A	Director	$0	$0	$0
STEVE ORGAN	NATIONAL COU	N/A	Director	$0	$0	$0
FREDDIE PATE	PAST DEPT CA	N/A	Director	$0	$0	$0
RICHARD THORNTON	COMMANDER	N/A	Director	$0	$0	$0
IRA TURNER	ADJUTANT/QUA	N/A	Officer Director	$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	No data	No data	No data	No data
2024	$252,692	$199,934	$650,051	$52,758
2023	$179,580	$196,474	$604,944	$-16,894
2022	$85,769	$187,806	$620,760	$-102,037
2021	$218,219	$146,982	$723,024	$71,237
2020	$197,952	$164,615	$656,832	$33,337
2019	$127,319	$174,409	$620,883	$-47,090
2018	$234,599	$214,208	$671,608	$20,391

VETERANS OF FOREIGN WARS OF THE US