Veterans Of Foreign Wars Of The US

EIN: 730968100

Shawnee, OK

Total Revenue
$23,469
Total Expenses
$205,172
Total Assets
$185,919
Net Assets
N/A
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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
2006
Legal Domicile
OK
Principal Officer
James F Wear
Tax Period
2022-07-01 to 2023-06-30

Veterans Of Foreign Wars Of The US, founded in 2006, is a micro nonprofit that reported $23K in total revenue in fiscal year 2022. Expenses of $205K exceeded revenue, resulting in a 774% operating deficit.

Mission

Association of Prior Military Personnel Doing Community Service.

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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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $19,305
Program Service Revenue $0
Investment Income $4,164
Other Revenue $0
TOTAL REVENUE $23,469

Expense Breakdown

Grants Paid $1,630
Salaries & Benefits $130,561
Fundraising Expenses $0
Program Expenses $450
Other Expenses $72,981
TOTAL EXPENSES $205,172

Year-over-Year Comparison

2022 2021 Change
Revenue $23,469 N/A N/A
Expenses $205,172 N/A N/A
Net Income $-181,703 N/A N/A
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

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Governance

Voting Members
308
Independent Members
308
Employees
13
Volunteers
15

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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
James Wear Quartermaster 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 No data No data No data No data
2023 $23,469 $205,172 $185,919 $-181,703
2021 $500,843 $53,131 $184,744 $447,712
2020 $390,677 $51,047 $178,261 $339,630
2019 $483,667 $41,533 $191,299 $442,134
2018 $413,100 $128,044 $126,036 $285,056
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