VETERANS OF FOREIGN WAR POST 1537 (EIN 941185677) - 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

Formation Year

1958

Legal Domicile

Principal Officer

BOB CARPENTER

Phone

2098321408

Tax Period

2024-01-01 to 2024-12-31

VETERANS OF FOREIGN WAR POST 1537, founded in 1958, is a micro nonprofit that reported $41K in total revenue in fiscal year 2024. Revenue surged 69% from the prior year, signaling strong growth momentum. The organization ran a surplus of $13K, a strong 32% operating margin.

Mission

TO SUPPORT PROGRAMS TO INCREASE AWARENESS OF THE SACRIFICES' OF AMERICA'S VETERANS, PROMOTE CITIZENSHIP, EDUCATION, VOLUNTEERISM, AND POSITIVE YOUTH PROGRAMS; FACILITATE MEDICAL, REHABILITATIVE, EDUCATIONAL AND EMPLOYMENT SERVICES AND NEEDS FOR VETERANS AND THEIR FAMILIES.

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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 $6,086

Program Service Revenue $0

Investment Income $34,662

Other Revenue $0

TOTAL REVENUE $40,748

Expense Breakdown

Grants Paid $3,222

Salaries & Benefits $1,430

Fundraising Expenses $0

Other Expenses $22,858

TOTAL EXPENSES $27,510

Year-over-Year Comparison

	2024	2023	Change
Revenue	$40,748	$24,152	+0.7%
Expenses	$27,510	$36,700	-0.3%
Net Income	$13,238	$-12,548	-2.1%

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
BOB CARPENTER	COMMANDER	N/A	Officer	$0	$0	$0
BOB CARPENTER	COMMANDER	N/A	Officer	$0	$0	$0
KURTIS L FAULTNER	JR VICE	N/A	Officer	$0	$0	$0
JIM MCQUILLEN	QUARTERMASTE	N/A	Officer	$0	$0	$0
JOSEPH PEREZ	SERVICE COMM	N/A	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	$40,748	$27,510	$810,710	$13,238
2023	$24,152	$36,700	$763,384	$-12,548
2022	$17,924	$28,317	$738,444	$-10,393
2021	$35,325	$23,566	$808,687	$11,759
2020	$32,527	$18,363	$753,988	$14,164
2019	$197,711	$28,209	$713,832	$169,502
2018	$14,822	$16,866	$544,330	$-2,044

VETERANS OF FOREIGN WAR POST 1537