Veterans of Foreign Wars (EIN 646036051) - 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

1932

Legal Domicile

Principal Officer

Charles Purchner

Phone

2282060801

Tax Period

2024-01-01 to 2024-12-31

Veterans of Foreign Wars, founded in 1932, is a small nonprofit that reported $235K in total revenue in fiscal year 2024. Revenue surged 88% from the prior year, signaling strong growth momentum. The organization ran a surplus of $95K, a strong 40% operating margin.

Mission

Aid to Veterans of foreign war.

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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 $3,825

Program Service Revenue $0

Investment Income $2

Other Revenue $231,003

TOTAL REVENUE $234,830

Expense Breakdown

Grants Paid $0

Salaries & Benefits $45,068

Fundraising Expenses $300

Program Expenses $46,090

Other Expenses $95,232

TOTAL EXPENSES $140,300

Year-over-Year Comparison

	2024	2023	Change
Revenue	$234,830	$124,648	+0.9%
Expenses	$140,300	$121,598	+0.2%
Net Income	$94,530	$3,050	+30.0%

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

Independent Members

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
Luther Miller	1 Year Trustee	5.00	Officer Director	$0	$0	$0
Rodger Farabee	Adjuctant/Quartermaster	20.00	Officer Director	$0	$0	$0
Keith Johnson	Jr. Vice Commander	5.00	Officer Director	$0	$0	$0
Charles Purchner Jr	Commander	30.00	Officer Director	$0	$0	$0
Garrett Carson	Senior Vice Commander	5.00	Officer Director	$0	$0	$0
Theodore Vaugh	Chaplain	5.00	Officer Director	$0	$0	$0
Adolf C Stelling	Surgeon	5.00	Officer Director	$0	$0	$0
Fred Boykin	Service Officer	5.00	Officer Director	$0	$0	$0
Daniel Mullen	Judge Advocate	5.00	Officer Director	$0	$0	$0
Wyatt Welch	3 Year Trustee	5.00	Officer Director	$0	$0	$0
Ron Wade	2 Year Trustee	5.00	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
2024	$234,830	$140,300	$498,489	$94,530
2023	$124,648	$121,598	$403,191	$3,050
2022	$73,681	$103,475	$412,321	$-29,794
2021	$411,894	$92,775	$428,912	$319,119
2020	$110,010	$87,113	$110,161	$22,897

Veterans of Foreign Wars