VETERANS OF FOREIGN WARS OF THE UNITED STATES DEPT OF TEXAS

EIN: 742004032

Port Aransas, TX

Total Revenue
$95,547
Total Expenses
$69,677
Total Assets
$706,555
Net Assets
$502,747
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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
2022
Legal Domicile
TX
Principal Officer
troy cates
Phone
8303869441
Tax Period
2022-01-01 to 2022-12-31

VETERANS OF FOREIGN WARS OF THE UNITED STATES DEPT OF TEXAS, founded in 2022, is a micro nonprofit that reported $96K in total revenue in fiscal year 2022. Revenue surged 54% from the prior year, signaling strong growth momentum. The organization ran a surplus of $26K, a strong 27% operating margin.

Mission

support military veterans and the community by providing food and clothing to the needy and scholarships to promote secondary education.

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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 $106,591
Program Service Revenue $0
Investment Income $274
Other Revenue $-11,318
TOTAL REVENUE $95,547

Expense Breakdown

Grants Paid $18,115
Salaries & Benefits $0
Fundraising Expenses $1,931
Program Expenses $27,650
Other Expenses $51,562
TOTAL EXPENSES $69,677

Year-over-Year Comparison

2022 2021 Change
Revenue $95,547 $61,857 +0.5%
Expenses $69,677 $48,672 +0.4%
Net Income $25,870 $13,185 +1.0%
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
15
Independent Members
15
Employees
N/A
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
aaron coapland Asst quartermaster 40.00
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
2022 $95,547 $69,677 $706,555 $25,870
2021 $147,100 $147,694 $667,835 $-594
2020 $95,547 $69,677 $706,555 $25,870
2019 $61,857 $48,672 $476,878 $13,185
2018 $55,037 $75,393 $569,483 $-20,356
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