VETERANS OF FOREIGN WARS DEPT OF OKLAHOMA 4578

EIN: 731214434

GUTHRIE, OK

Total Revenue
$187,626
Total Expenses
$173,561
Total Assets
$183,780
Net Assets
$183,780
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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

Legal Domicile
OK
Principal Officer
GARY CHERRY
Tax Period
2023-07-01 to 2024-06-30

VETERANS OF FOREIGN WARS DEPT OF OKLAHOMA 4578 is a small nonprofit that reported $188K in total revenue in fiscal year 2023. Revenue surged 60% from the prior year, signaling strong growth momentum. Expenses of $174K left a modest 7% surplus.

Mission

HONOR CARE AND ASSISTANCE OF 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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $4,559
Program Service Revenue $77,163
Investment Income $277
Other Revenue $105,627
TOTAL REVENUE $187,626

Expense Breakdown

Grants Paid $0
Salaries & Benefits $78,408
Fundraising Expenses $0
Program Expenses $158,947
Other Expenses $95,153
TOTAL EXPENSES $173,561

Year-over-Year Comparison

2023 2022 Change
Revenue $187,626 $117,327 +0.6%
Expenses $173,561 $167,175 +0.0%
Net Income $14,065 $-49,848 -1.3%
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
10
Independent Members
N/A
Employees
N/A
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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DOUGLAS NEWTON JR VICE COMM 10
Officer
$0 $0 $0
GARY CHERRY QUARTERMASTER 20
Officer
$0 $0 $0
KODY ELLIS SR VICE COM 10
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
2025 No data No data No data No data
2024 $187,626 $173,561 $183,780 $14,065
2023 $117,327 $167,175 $169,715 $-49,848
2022 $147,516 $158,060 $190,668 $-10,544
2021 $171,214 $154,442 $199,010 $16,772
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