VETERANS OF FOREIGN WARS DEPT OF AR (EIN 710803495) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1987

Legal Domicile

Principal Officer

BARBARA HENSON

Tax Period

2024-01-01 to 2024-12-31

VETERANS OF FOREIGN WARS DEPARTMENT OF ARKANSAS, founded in 1987, is a small nonprofit in the Public & Societal Benefit sector that reported $208K in total revenue in fiscal year 2022. Revenue surged 433% from the prior year, signaling strong growth momentum. Expenses of $183K left a modest 12% surplus.

Mission

TO FOSTER CAMARADERIE AMONG UNITED STATES VETERANS OF OVERSEAS CONFLICTS. TO SERVE OUR VETERANS, THE MILITARY, AND OUR COMMUNITIES. TO ADVOCATE ON BEHALF OF ALL VETERANS

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,250

Program Service Revenue $0

Investment Income $0

Other Revenue $146,049

TOTAL REVENUE $149,299

Expense Breakdown

Grants Paid $3,349

Salaries & Benefits $86,850

Fundraising Expenses $0

Program Expenses $133,029

Other Expenses $95,781

TOTAL EXPENSES $185,980

Year-over-Year Comparison

	2024	2023	Change
Revenue	$149,299	$250,966	-0.4%
Expenses	$185,980	$228,489	-0.2%
Net Income	$-36,681	$22,477	-2.6%

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

113

Independent Members

N/A

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
JUSTIN TRIVITT	COMMANDER	20.00	Officer	$0	$0	$0
JONATHAN HOOPER	ADJUTANT	10.00	Officer	$0	$0	$0
CURTIS MATHENY	SR VICE	10.00	Officer	$0	$0	$0
RODNEY LEE	JR VICE	10.00	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
2024	$149,299	$185,980	$148,521	$-36,681
2023	$250,966	$228,489	$150,627	$22,477
2022	$208,083	$182,943	$176,501	$25,140

VETERANS OF FOREIGN WARS DEPT OF AR