VETERANS OF FOREIGN WARS OF THE UNITED STATES DEPT OF TEXAS (EIN 746066542) - 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

1947

Legal Domicile

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. Assist all Veterans. Support the Community including Youth First Responders Schools Low Income etc. Held Veteran Support Group events. Host Boy Scout Troop events. Assist with Veteran Disability Claims. Provide grants to students. Held recognition ceremonies and events for WWII Veterans and Patriotic holidays.

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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 $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

Governance

Voting Members

447

Independent Members

447

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
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

VETERANS OF FOREIGN WARS OF THE UNITED STATES DEPT OF TEXAS