Veterans of Foreign Wars Memorial Bldg Inc (EIN 742411987) - Form 990 Financial Analysis & Trantor Score

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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

1945

Legal Domicile

Principal Officer

Margaret M Vanasse

Phone

9702470384

Tax Period

2023-01-01 to 2023-12-31

Veterans of Foreign Wars Memorial Bldg Inc, founded in 1945, is a small nonprofit that reported $249K in total revenue in fiscal year 2023. Revenue surged 30% from the prior year, signaling strong growth momentum. The organization ran a surplus of $45K, a strong 18% operating margin.

Mission

The VFW is a nonprofit veteran service organization comprised of eligible veterans and military service members from the active, guard and reserve forces. The mission of the VFW is to foster camaraderie amoung United States veterans of overseas conflicts; to serve our veterans, the military and our community; and to advocate on behalf of all 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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $148,226

Program Service Revenue $3,797

Investment Income $17

Other Revenue $96,978

TOTAL REVENUE $249,018

Expense Breakdown

Grants Paid $24,877

Salaries & Benefits $80,260

Fundraising Expenses $0

Other Expenses $99,035

TOTAL EXPENSES $204,172

Year-over-Year Comparison

	2023	2022	Change
Revenue	$249,018	$191,035	+0.3%
Expenses	$204,172	$187,445	+0.1%
Net Income	$44,846	$3,590	+11.5%

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

Governance

Voting Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Margaret M Vanasse	Adjutant	20.00	Officer	$0	$0	$0
Frederick M Shry	Trustee	5.00	Officer	$0	$0	$0
David Latham	Commander	10.00	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
2024	No data	No data	No data	No data
2023	$249,018	$204,172	$564,180	$44,846
2022	$191,035	$187,445	$417,875	$3,590
2021	$270,376	$173,796	$464,690	$96,580

Veterans of Foreign Wars Memorial Bldg Inc