Ragnar Myking Post 4352 Veterans o… - Form 990 Financial Data

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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

1951

Legal Domicile

Principal Officer

Joseph Reeves

Phone

9072250845

Tax Period

2021-01-01 to 2021-12-31

Ragnar Myking Post 4352 Veterans of Foreign Wars of the United States, founded in 1951, is a small nonprofit that reported $399K in total revenue in fiscal year 2021. Revenue surged 11997% from the prior year, signaling strong growth momentum. The organization ran a surplus of $381K, a strong 95% operating margin.

Mission

The monies raised through our social quarters is used for the betterment of all veterans, active and disabled military, and their families.

Program Service Accomplishments

Program 1

Special assistance to members in time of need.

Program 2

Scholarships to help students achieve their education.

Program 3

Expenses: $2,043

Donations made to local organizations.

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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 (2021)

Revenue Breakdown

Contributions & Grants $13,210

Program Service Revenue $0

Investment Income $386,231

Other Revenue $0

TOTAL REVENUE $399,441

Expense Breakdown

Grants Paid $2,043

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,043

Other Expenses $16,693

TOTAL EXPENSES $18,736

Year-over-Year Comparison

	2021	2020	Change
Revenue	$399,441	$3,302	+120.0%
Expenses	$18,736	$19,961	-0.1%
Net Income	$380,705	$-16,659	-23.9%

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

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
Gwenna I Richardson	2 Year Trustee	1.00	Director	$0	$0	$0
George Houck	3 Year Trustee	1.00	Director	$0	$0	$0
Paul A Robbins Jr	Adjutant	1.00	Director	$0	$0	$0
Edsel J Clayton Jr	Service Officer	1.00	Director	$0	$0	$0
Trevor Sayers	Commander	1.00	Director	$0	$0	$0
Richard Jackson	1 Year Trustee	1.00	Director	$0	$0	$0
Frank Sherman	Senior Vice Commander	1.00	Officer	$0	$0	$0
Ed Stone	Junior Vice Commander	1.00	Officer	$0	$0	$0
Dennis E Spurgeon	Chaplain	1.00	Officer	$0	$0	$0
Joseph Reeves	Quartermaster	30.00	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
2021	$399,441	$18,736	$425,533	$380,705
2020	$3,302	$19,961	$53,431	$-16,659
2019	$37,842	$58,495	$72,978	$-20,653
2018	$68,837	$83,059	$96,248	$-14,222

Ragnar Myking Post 4352 Veterans of Foreign Wars of the United States