VETERANS OF FOREIGN WARS NOLAN D P… - Form 990 Financial Data

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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

1946

Legal Domicile

Principal Officer

BILLY STROHM

Phone

9363366832

Tax Period

2023-07-01 to 2024-06-30

VETERANS OF FOREIGN WARS NOLAN D PICKETT POST 5621, founded in 1946, is a small nonprofit that reported $110K in total revenue in fiscal year 2023. Net assets of $485K represent 53 months of operating reserves.

Mission

TO SPONSOR ACTIVITIES OF A PATRIOTIC NATURE, TO PROVIDE SUPPORT OF VETERANS AND THEIR FAMILIES AND TO PROMOTE THE SOCIAL WELFARE OF THE COMMUNITY THROUGH PLANNED ACTIVITIES.

Program Service Accomplishments

Program 1

THE HONOR GUARD OF VFW POST 5621 PERFORMS AT ALL AREA MILITARY FUNERALS FOR DECEASED VETERANS. FULL MILITARY HONORS INCLUDE 21 GUN SALUTE, PLAYING OF TAPS, FOLDING OF THE AMERICAN FLAG AND PRESENTING THE FLAG TO THE DECEASED VETERANS FAMILY. THE MEMBERS OF THE HONOR GUARD DONATE THEIR TIME TO HONOR THE DECEASED VETERANS AND REPRESENT THE VFW POST 5621.

Program 2

THE VFW POST 5621 PROMOTES PATRIOTISM BY PARTICIPATING IN SPECIAL PROGRAMS AT AREA SCHOOLS FOR VETERANS DAY, MEMORIAL DAY AND OTHERS. MEMBERS DISCUSS MILITARY SERVICE AND HISTORICAL EVENTS WITH...

THE VFW POST 5621 PROMOTES PATRIOTISM BY PARTICIPATING IN SPECIAL PROGRAMS AT AREA SCHOOLS FOR VETERANS DAY, MEMORIAL DAY AND OTHERS. MEMBERS DISCUSS MILITARY SERVICE AND HISTORICAL EVENTS WITH STUDENTS. ADDITIONALLY, MEMBERS TEACH FLAG ETIQUETTE, FLAG FOLDING, DEMONSTRATE THE PLAYING OF TAPS AND DISCUSS THE PROPER WAY TO DISPOSE OF FLAGS.

Program 3

THE VFW POST 5621 SPONSORS COMMUNITY ACTIVITIES THROUGHOUT THE YEAR. THESE INCLUDE RETIREMENT HOME EVENTS, CHRISTMAS EVENTS FOR CHILDREN IN THE CUSTODY OF CHILDRENS PROTECTIVE SERVICES AND FOOD...

THE VFW POST 5621 SPONSORS COMMUNITY ACTIVITIES THROUGHOUT THE YEAR. THESE INCLUDE RETIREMENT HOME EVENTS, CHRISTMAS EVENTS FOR CHILDREN IN THE CUSTODY OF CHILDRENS PROTECTIVE SERVICES AND FOOD DRIVES FOR NEEDY FAMILIES.

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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 $35,929

Program Service Revenue $2,470

Investment Income $500

Other Revenue $70,924

TOTAL REVENUE $109,823

Expense Breakdown

Grants Paid $7,459

Salaries & Benefits $62,253

Fundraising Expenses $0

Other Expenses $38,341

TOTAL EXPENSES $108,053

Year-over-Year Comparison

	2023	2022	Change
Revenue	$109,823	$111,570	0.0%
Expenses	$108,053	$108,013	+0.0%
Net Income	$1,770	$3,557	-0.5%

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

235

Independent Members

235

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HOLLIS E DEAN	COMMANDER	20.00	Officer	$0	$0	$0
JEFFERY S RYAN	SENIOR VICE COMMANDER	20.00	Officer	$0	$0	$0
MANUEL MARTINEZ	JUNIOR VICE COMMANDER	20.00	Officer	$0	$0	$0
BILLY STROHM	QUARTERMASTER	40.00	Officer	$0	$0	$0
JAMES D RIGHTMIRE	CHAPLAIN	5.00	Officer	$0	$0	$0
SHAVON R BERRY	ADJUTANT	5.00	Officer	$0	$0	$0
JAMES D LEFLER	1 YEAR TRUSTEE	5.00	Officer	$0	$0	$0
JOHN L JACKSON	2 YEAR TRUSTEE	5.00	Officer	$0	$0	$0
MATTHEW J COOPER	3 YEAR TRUSTEE	5.00	Officer	$0	$0	$0
WILLIAM C HILL	SERVICE OFFICER	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	$109,823	$108,053	$490,978	$1,770
2023	$111,570	$108,013	$484,879	$3,557
2022	$92,203	$107,286	$480,571	$-15,083
2021	$106,437	$86,717	$495,799	$19,720
2020	$122,069	$142,327	$475,732	$-20,258
2019	$220,378	$195,657	$496,679	$24,721

VETERANS OF FOREIGN WARS NOLAN D PICKETT POST 5621