MILE HI VETERANS

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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

1966

Legal Domicile

Principal Officer

JOSEPH DAVALOS

Phone

3034353304

Tax Period

2024-01-01 to 2024-12-31

MILE HI VETERANS, founded in 1966, is a small nonprofit that reported $132K in total revenue in fiscal year 2024. Revenue surged 25% from the prior year, signaling strong growth momentum. The organization ran a surplus of $45K, a strong 34% operating margin.

Mission

A VETERAN'S ORGANIZATION FOCUSING ON VETERAN'S ISSUES, EDUCATION, COMMUNITY, AND CIVIL RIGHTS.

Program Service Accomplishments

Program 1

Expenses: $74,995

FOR THE CONVENIENCE OF ITS MEMBERS, MILE HI VETERANS PROVIDES A PLACE FOR VETERANS TO GATHER. THE GOALS OF THE ORGANIZATION INCLUDE PROTECTING THE RIGHTS OF VETERANS AND THEIR FAMILIES, HELPING...

FOR THE CONVENIENCE OF ITS MEMBERS, MILE HI VETERANS PROVIDES A PLACE FOR VETERANS TO GATHER. THE GOALS OF THE ORGANIZATION INCLUDE PROTECTING THE RIGHTS OF VETERANS AND THEIR FAMILIES, HELPING VETERANS SECURE THEIR BENEFITS, AND HELPING MEMBERS DEVELOP LEADERSHIP SKILLS.

Program 2

THE PURPOSE OF MILE HI VETERANS IS TO FURTHER THE PATRIOTIC, HISTORICAL, AND EDUCATIONAL INTERESTS OF VETERANS, THEIR FAMILIES, AND THE COMMUNITY OF THE DENVER METROPOLITAN AREA.

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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 $0

Program Service Revenue $0

Investment Income $0

Other Revenue $131,791

TOTAL REVENUE $131,791

Expense Breakdown

Grants Paid $2,000

Salaries & Benefits $0

Fundraising Expenses $5,505

Program Expenses $74,995

Other Expenses $85,029

TOTAL EXPENSES $87,029

Year-over-Year Comparison

	2024	2023	Change
Revenue	$131,791	$105,379	+0.3%
Expenses	$87,029	$152,560	-0.4%
Net Income	$44,762	$-47,181	-1.9%

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

N/A

Volunteers

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
JOSEPH DAVALOS	COMMANDER	8.00	Officer Director	$0	$0	$0
WANDA MAURO-GARCIA	WOMEN'S CHAI	8.00	Officer Director	$0	$0	$0
DIANNE NINO	CHAIR	25.00	Officer Director	$0	$0	$0
TOBY RAMPA	VICE-CHAIR	20.00	Officer Director	$0	$0	$0
SANDRA GALLEGOS	SECRETARY	20.00	Officer Director	$0	$0	$0
ERNESTO TORRES	TREASURER	40.00	Officer Director	$0	$0	$0
ALBERT MUNIZ	TRUSTEE	15.00	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	$131,791	$87,029	$61,035	$44,762
2023	$105,379	$152,560	$51,160	$-47,181
2021	$46,651	$62,010	$43,478	$-15,359
2020	$52,603	$88,187	$57,622	$-35,584
2019	$146,584	$182,903	$369,215	$-36,319