Raton, NM
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)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.
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The particular business and objects for which said corporation is formed shall be social, benevolent, fraternal and patriotic; to promote social intercourse among ourselves and our associates in said...
The particular business and objects for which said corporation is formed shall be social, benevolent, fraternal and patriotic; to promote social intercourse among ourselves and our associates in said corporation; to render patriotic services to the State of New Mexico and to the United States of America; to raise and obtain funds for relief of needy or disabled veterans, their widows, orphans and dependents; to promote the general welfare of the members of our organization and other ex-service men who have served in the armed forces of the United States; to have, own, lease and maintain in the County of Colfax, in the State of New Mexico, for the use of ourselves and said associates for the purpose aforesaid, a club house or quarters, with all appurtenances and belongings, matters and things which properly constitute a club and club house, and to operate the same for social, benevolent, and charitable purposes; and to buy, lease or sell real and personal property and apply the proceeds and profits thereof to charitable purposes, and, to these ends, to borrow money in the manner consistent with the purposes of the organization in order to carry out said benevolent and charitable purposes.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 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% |
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
Sign In| 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 |
| 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 |
Compare Veterans of Foreign Wars Department 1793 Colfax with other nonprofits in New Mexico and across the country.