VETERANS OF FOREIGN WARS OF THE UNITED STATES DEPT OF WASHINGTON

EIN: 910497888

Spokane, WA

Total Revenue
$69,120
Total Expenses
$96,864
Total Assets
$255,490
Net Assets
$255,490
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1945
Legal Domicile
WA
Principal Officer
Derek Morrow
Phone
5093279847
Tax Period
2024-01-01 to 2024-12-31

VETERANS OF FOREIGN WARS OF THE UNITED STATES DEPT OF WASHINGTON, founded in 1945, is a micro nonprofit that reported $69K in total revenue in fiscal year 2024. Revenue decreased 14% compared to the prior year. Expenses of $97K exceeded revenue, resulting in a 40% operating deficit.

Mission

The members of the Post have strived to build on four pillars: Service to Veterans. Service to Youth and Families. Service to our Community. Patriotism. Post 51 provides a permanent location for Veterans to congregate, enjoy a meal, play cards or bingo. The post offers public education through parades and 3 local fairs to support youth through scholarships, including Patriotic Pen Essay Contest and Voice of democracy contest for local schools. Services to the community include monthly trips to VA hospital. Honor Guard participation in funerals and ceremonies. We have many community groups that use our hall for meetings such as the American Legion, American Legion Riders, and Spokane Marine Corps League to name a few. We also have a hall with kitchen available for events.

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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 $6,950
Program Service Revenue $3,232
Investment Income $1,281
Other Revenue $57,657
TOTAL REVENUE $69,120

Expense Breakdown

Grants Paid $1,962
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $126,271
Other Expenses $94,902
TOTAL EXPENSES $96,864

Year-over-Year Comparison

2024 2023 Change
Revenue $69,120 $80,410 -0.1%
Expenses $96,864 $94,114 +0.0%
Net Income $-27,744 $-13,704 +1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
11
Employees
N/A
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
6
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Thomas Millispaugh Jr 2 Year Trustee 10
Director
$0 $0 $0
Timothy Ohare 1 Year Trustee & Appointed Surgeon 15
Director
$0 $0 $0
Donald G Suydam 3 Year Trustee 10
Director
$0 $0 $0
David Lord Adjutant & Judge Advocate 10
Director
$0 $0 $0
Daniel W Leichty Commander Part year 30
Officer
$0 $0 $0
Wesley Anderson Chaplain & Service Officer 30
Officer
$0 $0 $0
Derek Monroe Quartermaster 30
Officer
$0 $0 $0
Thomas Marik Senior Vice Commander 25
Officer
$0 $0 $0
Patrick D Rice Junior Vice Commander 10
Officer
$0 $0 $0
CD Seegars Commander part year 30
Officer
$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 $69,120 $96,864 $255,490 $-27,744
2023 $80,410 $94,114 $232,496 $-13,704
2022 $80,888 $100,710 $323,110 $-19,822
2021 $94,219 $70,867 $324,012 $23,352
2020 $56,085 $70,491 $334,760 $-14,406
2019 $89,915 $113,770 $363,359 $-23,855
2018 $162,703 $117,431 $359,489 $45,272
2017 $116,676 $131,037 $319,532 $-14,361
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