Veterans of Foreign Wars Department 1793 Colfax

EIN: 850136957

Raton, NM

Total Revenue
$46,743
Total Expenses
$42,540
Total Assets
$216,119
Net Assets
$212,695
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1941
Legal Domicile
NM
Principal Officer
Gary Fresquez
Phone
5754453318
Tax Period
2024-07-01 to 2025-06-30

Veterans of Foreign Wars Department 1793 Colfax, founded in 1941, is a micro nonprofit that reported $47K in total revenue in fiscal year 2024. Expenses of $43K left a modest 9% surplus.

Mission

See Part III Line 4a

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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 (2024)

Revenue Breakdown

Contributions & Grants $4,655
Program Service Revenue $0
Investment Income $0
Other Revenue $42,088
TOTAL REVENUE $46,743

Expense Breakdown

Grants Paid $3,061
Salaries & Benefits $10,691
Fundraising Expenses $0
Program Expenses $3,061
Other Expenses $28,788
TOTAL EXPENSES $42,540

Year-over-Year Comparison

2024 2023 Change
Revenue $46,743 $48,074 0.0%
Expenses $42,540 $40,165 +0.1%
Net Income $4,203 $7,909 -0.5%
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
4
Independent Members
3
Employees
2
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
2
$1,200
Total Directors
5
$1,200
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Dean Torres Commander 5.00
Officer Director
$0 $0 $0
Edward Lannon Trustee 2.00
Director
$0 $0 $0
Willferd Romero Trustee 2.00
Director
$0 $0 $0
Gary Fresquez Quartermaster 10.00
Officer Director
$1,200 $0 $1,200
Ramon Montoya Trustee 2.00
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
2025 $46,743 $42,540 $216,119 $4,203
2024 $48,074 $40,165 $210,619 $7,909
2023 $47,909 $44,283 $203,894 $3,626
2022 $37,091 $40,156 $198,906 $-3,065
2021 $22,723 $25,133 $200,806 $-2,410
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