VETERANS OF FOREIGN WARS LAKE WASHINGTON POST 2995

EIN: 916055446

REDMOND, WA

Total Revenue
$192,201
Total Expenses
$215,388
Total Assets
$181,618
Net Assets
$73,992
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1936
Legal Domicile
WA
Principal Officer
JAMES R BEATTY
Phone
4258832995
Tax Period
2024-01-01 to 2024-12-31

VETERANS OF FOREIGN WARS LAKE WASHINGTON POST 2995, founded in 1936, is a small nonprofit that reported $192K in total revenue in fiscal year 2024. Revenue surged 24% from the prior year, signaling strong growth momentum. Expenses of $215K exceeded revenue, resulting in a 12% operating deficit.

Mission

PROVIDE MONETARY ASSISTANCE TO NEEDY AND DESTITUTE VETERANS AND ACTIVE DUTY PERSONNEL AND THEIR FAMILIES. PROVIDE SUPPORT, EDUCATION AND SOCIAL ACTIVITIES FOR VETERANS AND ACTIVE DUTY PERSONNEL.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $25,177
Program Service Revenue $0
Investment Income $2,651
Other Revenue $164,373
TOTAL REVENUE $192,201

Expense Breakdown

Grants Paid $0
Salaries & Benefits $93,433
Fundraising Expenses $0
Other Expenses $119,538
TOTAL EXPENSES $215,388

Year-over-Year Comparison

2024 2023 Change
Revenue $192,201 $154,533 +0.2%
Expenses $215,388 $127,902 +0.7%
Net Income $-23,187 $26,631 -1.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
8
Independent Members
8
Employees
7
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
8
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMES R BEATTY COMMANDER (C 5.00
Officer Director
$0 $0 $0
FRED W SEATON QUARTERMASTE 5.00
Officer Director
$0 $0 $0
KELLEN D SMALLEY SERVICE OFFI 5.00
Officer
$0 $0 $0
RICHARD N TOLBERT 3RD YR TRUST 5.00
Officer Director
$0 $0 $0
FRED W SEATON ADJUTANT 5.00
Officer
$0 $0 $0
GREGORY D HAM 1ST YEAR TRU 5.00
Officer Director
$0 $0 $0
AARON D MALEC SR VICE COMM 5.00
Officer Director
$0 $0 $0
PAUL J MARCHAND 2ND YEAR TRU 5.00
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
2024 $192,201 $215,388 $181,618 $-23,187
2023 $154,533 $127,902 $174,368 $26,631
2022 $191,347 $171,347 $129,384 $20,000
2021 $84,877 $137,781 $141,389 $-52,904
2020 $123,856 $163,556 $224,882 $-39,700
2019 $268,810 $302,040 $187,032 $-33,230
2018 $268,761 $371,259 $221,594 $-102,498
2017 $181,237 $269,637 $244,013 $-88,400
Explore More Nonprofits
Top 100 Nonprofits in Washington Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare VETERANS OF FOREIGN WARS LAKE WASHINGTON POST 2995 with other nonprofits in Washington and across the country.