MAGNUS VETERANS FOUNDATION (EIN 832526912) - 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

2019

Legal Domicile

Principal Officer

SHAWN ALDERMAN

Phone

3607040421

Tax Period

2024-01-01 to 2024-12-31

MAGNUS VETERANS FOUNDATION, founded in 2019, is a small nonprofit in the Health Care sector that reported $947K in total revenue in fiscal year 2024. Net assets of $4.1M represent 51 months of operating reserves.

Mission

HEALING AND HONORING OUR VETERANS AND THEIR FAMILIES THROUGH COMMUNITY FELLOWSHIP; USING A COMPREHENSIVE APPROACH TO RESTORING THE MIND, BODY, HEART AND SPIRIT.

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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 (2024)

Revenue Breakdown

Contributions & Grants $945,076

Program Service Revenue $0

Investment Income $6,604

Other Revenue $-4,940

TOTAL REVENUE $946,740

Expense Breakdown

Grants Paid $0

Salaries & Benefits $319,637

Fundraising Expenses $0

Program Expenses $700,759

Other Expenses $666,514

TOTAL EXPENSES $986,151

Year-over-Year Comparison

	2024	2023	Change
Revenue	$946,740	$976,641	0.0%
Expenses	$986,151	$757,330	+0.3%
Net Income	$-39,411	$219,311	-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

151

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
SHAWN ALDERMAN	PRESIDENT	30.00	Officer Director	$0	$0	$0
TIM KENNEDY	SECRETARY	6.00	Officer Director	$0	$0	$0
BOB JASKOWIAK	VICE PRESIDE	6.00	Officer Director	$0	$0	$0
JON DOLPHIN	TREASURER	6.00	Officer Director	$0	$0	$0
TIM MCKEE	BOARD MEMBER	1.00	Director	$0	$0	$0
JIM ROUILLARD	BOARD MEMBER	1.00	Director	$0	$0	$0
MICHAEL OAKLEE	BOARD MEMBER	1.00	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	$946,740	$986,151	$4,298,602	$-39,411
2023	$976,641	$757,330	$4,335,752	$219,311
2022	$607,660	$672,655	$4,133,078	$-64,995
2021	$582,375	$536,765	$4,178,612	$45,610
2020	$3,985,213	$98,280	$3,988,864	$3,886,933

MAGNUS VETERANS FOUNDATION