Lomita Hall VFW No 1622 Inc (EIN 956346952) - 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

1937

Legal Domicile

Principal Officer

Douglas Perlins

Phone

3103267132

Tax Period

2024-01-01 to 2024-12-31

Lomita Hall VFW No 1622 Inc, founded in 1937, is a micro nonprofit in the Public & Societal Benefit sector that reported $60K in total revenue in fiscal year 2024. Revenue surged 6190% from the prior year, signaling strong growth momentum. The organization ran a surplus of $15K, a strong 26% operating margin.

Mission

Raise funds for our veterans.

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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 $20,962

Program Service Revenue $0

Investment Income $0

Other Revenue $39,233

TOTAL REVENUE $60,195

Expense Breakdown

Grants Paid $0

Salaries & Benefits $6,915

Fundraising Expenses $0

Other Expenses $37,873

TOTAL EXPENSES $44,788

Year-over-Year Comparison

	2024	2023	Change
Revenue	$60,195	$957	+61.9%
Expenses	$44,788	$34,820	+0.3%
Net Income	$15,407	$-33,863	-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

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

$5,400

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Joe Barbour	Sr Vice Commander	030.00	Officer	$5,400	$0	$5,400
Robert Narvaez	Trusteee	001.00	Director	$0	$0	$0
Delbert Gianconi	Trustee	001.00	Director	$0	$0	$0
Richard McKendry	Trustee	001.00	Director	$0	$0	$0
Richard Wilson	Jr Vice Commander	001.00	Officer	$0	$0	$0
Daniel Wong	CEO	001.00	Officer	$0	$0	$0
Douglas Perkins	CFO Quartermaster	030.00	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
2025	No data	No data	No data	No data
2024	$60,195	$44,788	$88,968	$15,407
2023	$957	$34,820	$147,468	$-33,863

Lomita Hall VFW No 1622 Inc