Veterans of Foreign Wars of th Dept of TX 2438 Phillip H Parke

EIN: 741935793

Bay City, TX

Total Revenue
$112,801
Total Expenses
$117,354
Total Assets
$243,325
Net Assets
$243,325
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1976
Legal Domicile
TX
Principal Officer
Donald C Wells
Phone
9792458857
Tax Period
2024-07-01 to 2025-06-30

Veterans of Foreign Wars of th Dept of TX 2438 Phillip H Parke, founded in 1976, is a small nonprofit that reported $113K in total revenue in fiscal year 2024. Revenue surged 128% from the prior year, signaling strong growth momentum. Net assets of $243K represent 26 months of operating reserves.

Mission

Provide scholarships for higher education, puts on programs at local schools for veterans day, places flags on veterans graves for Memorial Day, provides burial cetemony, gun salute and flag presentation

Program Service Accomplishments

Program 1

N/A

Program 2

N/A

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $9,508
Program Service Revenue $0
Investment Income $494
Other Revenue $102,799
TOTAL REVENUE $112,801

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $117,354
TOTAL EXPENSES $117,354

Year-over-Year Comparison

2024 2023 Change
Revenue $112,801 $49,423 +1.3%
Expenses $117,354 $44,409 +1.6%
Net Income $-4,553 $5,014 -1.9%
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

Sign In

Governance

Voting Members
12
Independent Members
N/A
Employees
N/A
Volunteers
12

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
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
James Schpard Commander 2
Director
$0 $0 $0
Cory Eggleston Sr Vice Comman 2
Director
$0 $0 $0
Jesse Southall Jr Vice Comman 2
Director
$0 $0 $0
Nathan Potts Quartermaster 2
Director
$0 $0 $0
Dane E Kappler Chaplain 2
Director
$0 $0 $0
Donald C Wells 1 Year Trustee 2
Director
$0 $0 $0
Timothy Hall 2 Year Trustee 2
Director
$0 $0 $0
K Shuttleswort 3 Year Trustee 2
Director
$0 $0 $0
Erik T Siegel Judge Advocate 2
Director
$0 $0 $0
Leroy F Ryman Surgeon 2
Director
$0 $0 $0
Leonardo Bryan Service Office 2
Director
$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 $112,801 $117,354 $243,325 $-4,553
2024 $49,423 $44,409 $247,878 $5,014
2023 $75,467 $57,919 $242,861 $17,548
2022 $66,499 $49,174 $225,313 $17,325
2021 $77,191 $39,285 $210,353 $37,906
2020 $61,394 $51,642 $170,654 $9,752
2019 $72,735 $73,392 $162,469 $-657
Explore More Nonprofits
→Top 100 Nonprofits in Texas →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare Veterans of Foreign Wars of th Dept of TX 2438 Phillip H Parke with other nonprofits in Texas and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.