VETERANS OF FOERIGN WARS DEPARTMENT OF KENTUCKY

EIN: 911843342

Middlesboro, KY

Total Revenue
$-4,856
Total Expenses
$40,457
Total Assets
$162,936
Net Assets
$162,936
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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
1949
Legal Domicile
KY
Tax Period
2020-01-01 to 2020-12-31

VETERANS OF FOERIGN WARS DEPARTMENT OF KENTUCKY, founded in 1949, is a micro nonprofit that reported $5K in total revenue in fiscal year 2020.

Mission

ASSISTING VETERANS, THE MILITARY AND PROVIDING SUPPORT TO THE COMMUNITY

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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 (2020)

Revenue Breakdown

Contributions & Grants $732
Program Service Revenue $0
Investment Income $0
Other Revenue $-5,588
TOTAL REVENUE $-4,856

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $25,207
Other Expenses $40,457
TOTAL EXPENSES $40,457

Year-over-Year Comparison

2020 2019 Change
Revenue $-4,856 N/A N/A
Expenses $40,457 N/A N/A
Net Income $-45,313 N/A N/A
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

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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
20

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
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TONY ADAMS QUARTERMASTER 6.00
Officer Director
$0 $0 $0
DARREN ADKINS CHAPLAIN 6.00
Officer Director
$0 $0 $0
JERRY SHANKS TRUSTEE 6.00
Officer Director
$0 $0 $0
JONATHAN ALLEN COMMANDER 6.00
Officer Director
$0 $0 $0
STEPHEN DAVIDSON SENIOR VICE COMMANDER 6.00
Officer Director
$0 $0 $0
PAUL EDWARDS JUNIOR VICE COMMANDER 6.00
Officer 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
2020 $-4,856 $40,457 $162,936 $-45,313
2019 $101,243 $45,375 $250,638 $55,868
2018 $51,493 $71,507 $194,770 $-20,014
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