VETERANS OF FOREIGN WARS OF THE UNITED STATES DEPT OF TEXAS

EIN: 746066542

AUSTIN, TX

Total Revenue
$75,788
Total Expenses
$40,766
Total Assets
$361,451
Net Assets
$246,285
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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
1947
Legal Domicile
TX
Phone
5128368767
Tax Period
2023-07-01 to 2024-06-30

VETERANS OF FOREIGN WARS OF THE UNITED STATES DEPT OF TEXAS, founded in 1947, is a micro nonprofit that reported $76K in total revenue in fiscal year 2023. Revenue surged 5380% from the prior year, signaling strong growth momentum. The organization ran a surplus of $35K, a strong 46% operating margin.

Mission

Assist Veterans of Foreign Wars and their Families. Perpetuate the memory and history of our deceased Veterans and National Heroes. Support all Veterans Veteran Survivors First Responders Our Nation State and our local Community.

Program Service Accomplishments

Program 1
Expenses: $0 Revenue: $0

Hold Military Commemorative Day activities to include Veterans Day Memorial Day Independence Day etc for Veterans and Guests. Participate in public events to educate the public on significant...

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Hold Military Commemorative Day activities to include Veterans Day Memorial Day Independence Day etc for Veterans and Guests. Participate in public events to educate the public on significant Military accomplishments and moments in history. Provide Military Honors to senior veterans such as WWII veteran birthdays. Host support group functions to assist veterans with their experiences and issues. Provide meals and toys to low-income families in the community. Guide Veterans to organizations that assist in obtaining financial medical or disability assistance.

Program 2
Expenses: $0 Revenue: $0

Participate in Patriots Pen & Voice of Democracy programs where students submit patriotic writings and recordings and winners receive grants for college tuition.

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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 (2023)

Revenue Breakdown

Contributions & Grants $14,041
Program Service Revenue $0
Investment Income $0
Other Revenue $61,747
TOTAL REVENUE $75,788

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $0
Other Expenses $40,766
TOTAL EXPENSES $40,766

Year-over-Year Comparison

2023 2022 Change
Revenue $75,788 $1,383 +53.8%
Expenses $40,766 $29,799 +0.4%
Net Income $35,022 $-28,416 -2.2%
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
447
Independent Members
447
Employees
14
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
5
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jim Newman Trustee 2.00
Director
$0 $0 $0
John Casey Trustee 2.00
Director
$0 $0 $0
Robert Riojas Trustee 2.00
Director
$0 $0 $0
Marvin Buck Commander 10.00
Officer
$0 $0 $0
Elizabeth Hines Quartermaster 20.00
Officer
$0 $0 $0
Corey Williams Senior Vice Commander 5.00
Officer
$0 $0 $0
Jeffrey Hart Junior Vice Commander 2.00
Officer
$0 $0 $0
Elizabeth Hines Service Officer 2.00
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 $75,788 $40,766 $361,451 $35,022
2023 $1,383 $29,799 $325,398 $-28,416
2022 $30,650 $25,038 $358,917 $5,612
2021 $66,789 $27,619 $345,617 $39,170
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