VETERANS 1ST OF NEW INC (EIN 920577700) - Form 990 Financial Analysis & Trantor Score

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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

Principal Officer

KIM NOHR

Tax Period

2024-01-01 to 2024-12-31

VETERANS 1ST OF NEW INC is a small nonprofit in the Housing & Shelter sector that reported $565K in total revenue in fiscal year 2024. Revenue surged 173% from the prior year, signaling strong growth momentum. The organization ran a surplus of $493K, a strong 87% operating margin.

Mission

VETERANS 1ST WILL HELP NORTHEAST WISCONSIN VETERANS BY PROVIDING THEM WITH TRANSITIONAL HOUSING AND SUPPORT SERVICES, FOLLOWED BY THE OPPORTUNITY TO MOVE INTO AFFORDABLE HOUSE AFTER COMPLETING COUNSELING, JOB TRAINING AND JOB PLACEMENT. WE WILL GIVE OUR AREA VETERANS A PLACE TO CALL HOME WITH WRAP-AROUND SERVICES TO HELP THEM SUCCED WITH A DESIRE TO BECOME SELF- SUFFICIENT. WE WILL HAVE 21 SMALLER HOMES WITH A LARGER COMMUNITY CENTER WHERE ALL THE PROGRAMMING WILL TAKE PLACE.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $544,603

Program Service Revenue $0

Investment Income $19,930

Other Revenue $0

TOTAL REVENUE $564,533

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $12,872

Program Expenses $7,951

Other Expenses $60,136

TOTAL EXPENSES $71,854

Year-over-Year Comparison

	2024	2023	Change
Revenue	$564,533	$206,657	+1.7%
Expenses	$71,854	$11,053	+5.5%
Net Income	$492,679	$195,604	+1.5%

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

N/A

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAN AMMERMAN	BOARD MEMBER	N/A	Director	$0	$0	$0
JON DAVIS	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
TIM DAY	BOARD MEMBER	N/A	Director	$0	$0	$0
AMBER EDWARDS	HOUSING DIRE	N/A	Director	$0	$0	$0
JAN GERTZFIELD	PHILANTHROPY	N/A	Director	$0	$0	$0
MERRITT JEZWINSKI	BOARD MEMBER	N/A	Director	$0	$0	$0
TIM JORGENSEN	BOARD MEMBER	N/A	Director	$0	$0	$0
JIM KNOPF	BOARD MEMBER	N/A	Director	$0	$0	$0
GAIL NOHR	SECRETARY	N/A	Officer Director	$0	$0	$0
KIM NOHR	PRESIDENT/TR	N/A	Officer Director	$0	$0	$0
TOM OLEJNICZAK	BOARD MEMBER	N/A	Director	$0	$0	$0
TOM OLSON	BOARD MEMBER	N/A	Director	$0	$0	$0
SHERI PROSSER	BOARD MEMBER	N/A	Director	$0	$0	$0
JIM STRONG	BOARD MEMBER	N/A	Director	$0	$0	$0
HEATHER YANDA	BOARD MEMBER	N/A	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	$564,533	$71,854	$690,497	$492,679
2023	$206,657	$11,053	$198,209	$195,604

VETERANS 1ST OF NEW INC