VETERANS OF FOREIGN WARS OF THE UNITED STATES DEPT OF TEXAS

EIN: 756055875

SULPHUR SPGS, TX

Total Revenue
$319,464
Total Expenses
$246,587
Total Assets
$488,025
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1951
Legal Domicile
TX
Phone
9038854666
Tax Period
2022-07-01 to 2023-06-30

VETERANS OF FOREIGN WARS OF THE UNITED STATES DEPT OF TEXAS, founded in 1951, is a small nonprofit that reported $319K in total revenue in fiscal year 2022. Revenue surged 51% from the prior year, signaling strong growth momentum. The organization ran a surplus of $73K, a strong 23% operating margin.

Mission

The objects of the Veterans of Foreign Wars are fraternal patriotic historical and educational; to preserve and strengthen comradeship among it's members; to assist worthy comrades; to perpetuate the memory and history of our dead and to assist their widows and orphans; and allegiance to the USA

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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 (2022)

Revenue Breakdown

Contributions & Grants $3,809
Program Service Revenue $14,440
Investment Income $56
Other Revenue $301,159
TOTAL REVENUE $319,464

Expense Breakdown

Grants Paid $0
Salaries & Benefits $122,938
Fundraising Expenses $0
Program Expenses $58,025
Other Expenses $123,649
TOTAL EXPENSES $246,587

Year-over-Year Comparison

2022 2021 Change
Revenue $319,464 $211,507 +0.5%
Expenses $246,587 $280,309 -0.1%
Net Income $72,877 $-68,802 -2.1%
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

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Liquidity & Cash Position

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Governance

Voting Members
170
Independent Members
170
Employees
18
Volunteers
11

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
7
$0
Total Directors
3
$0
Key Employees
3
$36,173
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Andrew Lowen Commander 0.00
Officer
$0 $0 $0
Mark W Harris Senior Vice Commander 0.00
Officer
$0 $0 $0
Randel A Arredondo Junior Vice Commander 0.00
Officer
$0 $0 $0
Philip J Gabbert Quartermaster Adjutant Chaplain 0.00
Officer
$0 $0 $0
Justin W Green Trustee 0.00
Director
$0 $0 $0
Alva C Adams Trustee 0.00
Director
$0 $0 $0
James W Skaggs Trustee 0.00
Director
$0 $0 $0
Ramon Dias Service Officer 0.00
Officer
$0 $0 $0
Daniel Barnes Surgeon 0.00
Officer
$0 $0 $0
Erwin Oetting Judge Advocate 0.00
Officer
$0 $0 $0
Katherine Fulkerson Previous Canteen Manager 0.00
Key Emp
$33,298 $0 $33,298
April Hallman Previous Canteen Manager 0.00
Key Emp
$2,875 $0 $2,875
Arianna D Cochran Canteen Manager 0.00
Key Emp
$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
2023 $319,464 $246,587 $488,025 $72,877
2022 $211,507 $280,309 $312,434 $-68,802
2021 $231,815 $219,827 $324,462 $11,988
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