VETERANS OF FOREIGN WARS OF THE UNITED STATES DEPT (EIN 756055860) - 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

1951

Legal Domicile

Principal Officer

VIRGIL L WILSON

Tax Period

2023-07-01 to 2024-06-30

VETERANS OF FOREIGN WARS OF THE UNITED STATES DEPT, founded in 1951, is a micro nonprofit that reported $23K in total revenue in fiscal year 2023. Revenue fell 90% from the prior year — a significant decline worth monitoring. Expenses of $47K exceeded revenue, resulting in a 108% operating deficit.

Mission

FRATERNAL PATRIOTIC PROGRAMS

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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 $4,012

Program Service Revenue $0

Investment Income $0

Other Revenue $18,620

TOTAL REVENUE $22,632

Expense Breakdown

Grants Paid $0

Salaries & Benefits $11,069

Fundraising Expenses $0

Program Expenses $47,023

Other Expenses $35,881

TOTAL EXPENSES $47,023

Year-over-Year Comparison

	2023	2022	Change
Revenue	$22,632	$237,919	-0.9%
Expenses	$47,023	$136,731	-0.7%
Net Income	$-24,391	$101,188	-1.2%

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

Independent Members

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
SAMUEL F HORAN	JUDGE ADVOCATE	20.00	Officer Director	$0	$0	$0
SAMUEL F HORAN	ADJUTANT	10.00	Officer Director	$0	$0	$0
ERNEST F NICHOLS	3 YR TRUSTEE	10.00	Officer Director	$0	$0	$0
VIRGIL WILSON	SERVICE OFFICER	10.00	Officer Director	$0	$0	$0
TRAVIS WEED	QUARTERMASTER	10.00	Officer Director	$0	$0	$0
CHARLES BAKER JR	SURGEON	0.00	Officer Director	$0	$0	$0
STEVEN S NICHOLSON	CHAPLAIN	30.00	Officer Director	$0	$0	$0
DANIEL L FRANCO	JUNIOR VICE COMMANDER	20.00	Officer Director	$0	$0	$0
VIRGIL L WILSON	COMMANDER	20.00	Officer Director	$0	$0	$0
KENNETH R LYERLA	2 YR TRUSTEE	10.00	Officer Director	$0	$0	$0
CHARLES F BAKER	1ST YEAR TRUSTEE	10.00	Officer Director	$0	$0	$0
SAMUEL F HORAN	SENIOR VICE COMMANDER	20.00	Officer Director	$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	$22,632	$47,023	$135,988	$-24,391
2023	$237,919	$136,731	$162,824	$101,188
2022	$102,476	$108,374	$83,993	$-5,898
2021	$38,865	$73,436	$70,037	$-34,571
2020	$100,569	$118,742	$104,637	$-18,173
2019	$161,297	$100,816	$122,493	$60,481

VETERANS OF FOREIGN WARS OF THE UNITED STATES DEPT