Veterans of Foreign Wars Dept of TX (EIN 740964465) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1921

Legal Domicile

Principal Officer

Ben Lowrance

Tax Period

2022-07-01 to 2023-06-30

Veterans of Foreign Wars Dept of TX, founded in 1921, is a community nonprofit that reported $9.6M in total revenue in fiscal year 2022. Revenue surged 44% from the prior year, signaling strong growth momentum. Expenses of $8.6M left a modest 11% surplus.

Mission

ASSISTING VETERANS, MILITARY PERSONNEL AND THEIR FAMILIES, ADVOCACY FOR VETERANS AND ACTIVE DUTY PERSONNEL, HISTORICAL EDUCATION AND COMMEMORATION, PROMOTING PATRIOTISM, YOUTH ACTIVITIES AND COMMUNITY SERVICE. See Supplemental information attachment.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $8,300,745

Program Service Revenue $0

Investment Income $1,319,494

Other Revenue $16,715

TOTAL REVENUE $9,636,954

Expense Breakdown

Grants Paid $294,747

Salaries & Benefits $769,427

Fundraising Expenses $5,969,399

Program Expenses $1,624,679

Other Expenses $7,492,767

TOTAL EXPENSES $8,556,941

Year-over-Year Comparison

	2022	2021	Change
Revenue	$9,636,954	$6,677,704	+0.4%
Expenses	$8,556,941	$7,212,573	+0.2%
Net Income	$1,080,013	$-534,869	-3.0%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$110,077

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Ben Lowrance	AdjutantQuartermaster	55.00	Officer	$102,077	$8,000	$110,077
Glenn Heady	District Commander	5.00	Director	$0	$0	$0
John F Mageluzzo	District Commander	5.00	Director	$0	$0	$0
Melvin R Parker	District Commander	5.00	Director	$0	$0	$0
Xavier G Hernandez	District Commander	5.00	Director	$0	$0	$0
Joel H Pipes	District Commander	5.00	Director	$0	$0	$0
Joseph D Ramon	District Commander	5.00	Director	$0	$0	$0
Scott Rebman II	District Commander	5.00	Director	$0	$0	$0
Foy Day	Chaplain	5.00	Director	$0	$0	$0
Eddie Terry	Chief of Staff	5.00	Director	$0	$0	$0
Stephen Biel	Inspector	5.00	Director	$0	$0	$0
Christopher B Davis Sr	District Commander	5.00	Director	$0	$0	$0
Barbara Ampong Jr	District Commander	5.00	Director	$0	$0	$0
Randall Johnston	Surgeon	5.00	Director	$0	$0	$0
Francis R Torres	District Commander	5.00	Director	$0	$0	$0
Curtis Mitchell	District Commander	5.00	Director	$0	$0	$0
Martin Monceballez	District Commander	5.00	Director	$0	$0	$0
Ann Marie Torrres	District Commander	5.00	Director	$0	$0	$0
Sean Ellis	District Commander	5.00	Director	$0	$0	$0
Reggie Williams	District Commander	5.00	Director	$0	$0	$0
Jorg Kitchen	District Commander	5.00	Director	$0	$0	$0
Melvin Harper	District Commander	5.00	Director	$0	$0	$0
Diana Cruz Montoya	District Commander	5.00	Director	$0	$0	$0
Jimmie Surles	District Commander	5.00	Director	$0	$0	$0
Michael S Caballero	District Commander	5.00	Director	$0	$0	$0
Cathy Small	District Commander	5.00	Director	$0	$0	$0
Billy B Guthrie	District Commander	5.00	Director	$0	$0	$0
Natividad Lopez Jr	District Commander	5.00	Director	$0	$0	$0
Norman Macey	Immediate Past Cmdr	5.00	Officer	$0	$0	$0
Lynn Toomer	Commander	5.00	Officer	$0	$0	$0
Wayne Cooley	Assistant Quartermaster	40.00	Officer	$0	$0	$0
Larry Sanders	Sr Vice Commander	5.00	Officer	$0	$0	$0
Larry Velasquez	Judge Advocate	5.00	Officer	$0	$0	$0
Robert Martinez	Jr Vice Commander	5.00	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$9,636,954	$8,556,941	$11,582,700	$1,080,013
2022	$6,677,704	$7,212,573	$10,604,149	$-534,869
2021	$9,367,615	$5,511,462	$11,432,362	$3,856,153
2020	$6,579,117	$6,345,390	$7,486,736	$233,727
2020	$6,579,117	$6,345,390	$7,486,736	$233,727
2019	$2,882,770	$2,608,191	$7,064,838	$274,579

Veterans of Foreign Wars Dept of TX