VETERANS OF FOREIGN WARS OF THE UNITED STATES DEPT OF TEXAS

EIN: 741695678

UNIVERSAL CITY, TX

Total Revenue
$358,849
Total Expenses
$383,695
Total Assets
$949,071
Net Assets
$949,071
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1972
Legal Domicile
TX
Principal Officer
ROBERT W STONE
Phone
2106589163
Tax Period
2024-06-01 to 2025-05-31

VETERANS OF FOREIGN WARS OF THE UNITED STATES DEPT OF TEXAS, founded in 1972, is a small nonprofit that reported $359K in total revenue in fiscal year 2024. Revenue fell 25% from the prior year — a significant decline worth monitoring. Net assets of $949K represent 32 months of operating reserves.

Mission

THE PURPOSE OF THIS ORGANIZATION SHALL BE FRATERNAL, PATRIOTIOC, HISTORIC, CHARITABLE AND EDUCATIONAL AND TO PRESERVE AND STRENGTHEN COMRADESHIP AMONG ITS MEMBERS, TO ASSIST WORTHY COMRADES, TO PERPETUATE THE MEMORY AND HISTORY OF OUR DEAD AND TO ASSIST THEIR SURVIVING SPOUSES AND CHILDREN.

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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 (2024)

Revenue Breakdown

Contributions & Grants $20,155
Program Service Revenue $0
Investment Income $2,404
Other Revenue $336,290
TOTAL REVENUE $358,849

Expense Breakdown

Grants Paid $0
Salaries & Benefits $182,091
Fundraising Expenses $0
Program Expenses $8,652
Other Expenses $201,604
TOTAL EXPENSES $383,695

Year-over-Year Comparison

2024 2023 Change
Revenue $358,849 $476,923 -0.2%
Expenses $383,695 $293,351 +0.3%
Net Income $-24,846 $183,572 -1.1%
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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Governance

Voting Members
668
Independent Members
N/A
Employees
14
Volunteers
125

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
0
$0
Total Directors
0
$0
Key Employees
1
$49,020
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JENNIFER HAMILTON CANTEEN MANAGER 40
Key Emp Highest
$49,020 $0 $49,020
GILBERTO X ROMERO 1 YEAR TRUSTEE 0
$0 $0 $0
TIMOTHT E BIGHAM 2 YEAR TRUSTEE 0
$0 $0 $0
CLAIRE L WELLS 3 YEAR TRUSTEE 0
$0 $0 $0
LLOYD OWENS SURGEON 0
$0 $0 $0
MELVIN YAMAMOTO COMMANDER 15
$0 $0 $0
DANIEL R GOODRICH SENIOR VICE COMMANDER 0
$0 $0 $0
CHARLES MECHLING JUNIOR VICE COMMANDER 1
$0 $0 $0
ROBERT W STONE QUARTERMASTER 15
$0 $0 $0
JAMES D JOHNS CHAPLAIN 1
$0 $0 $0
MICHAEL GARZA JUDGE ADVOCATE 0
$0 $0 $0
DAVID L CROOKHAM ADJUTANT/HOUSE COMM. CHAIR 2
$0 $0 $0
MICHAEL MILLS SERVICE OFFICER 2
$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 $358,849 $383,695 $949,071 $-24,846
2024 $476,923 $293,351 $973,917 $183,572
2023 $531,932 $339,038 $790,345 $192,894
2022 $384,671 $337,054 $597,451 $47,617
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