Chenoa Post 8350 Veterans of Foreign Wars Department of Illinois

Nonprofit profile at a glance

EIN
376055306
IRS 990-EZ coverage
2021–2024
Forms available
Form 990-EZ 2024, Form 990-N 2017
Location
Chenoa, IL, USA
Phone
6155563188
Rating
59
Verdict
MIXED
Rating confidence
Moderate

Reported finances

Revenue
$5,495
Expenses
$11,674
Assets
$21,087
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

People named in this filing

  • Dwayne R Price (Commander)
  • Dale D Roach (Adjutant/Quartermaster)
  • Mike LoPiccalo (Tustee)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Fraternal, Patriotic and Civic

What it reported doing in 2024

VFW Post 8350 has worked with or supported the local Cub Scout and Boy Scout Programs and Re-charter fees 16 members benefited VA Hospitals at Danville and Manteno 150 Veterans benefited, Local Youth groups Halloween Party for kids 100 kids benefited, Voice of Democracy and Patriot Pen contest 12 Winners, VFW National Home $500.00 donated 30 people benefited, donated $900.00 to local 4th of July committee for fireworks.

Operating model

Revenue model
Donor-supported. 67% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 92% of its reported program spending out as grants.

The verdict

MIXED - The filed numbers largely add up. A relatively small share of total spending goes to programs and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 48
  • Transparency & Controls: 82
  • Sustainability: 36
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 60.1%; rating input score 60
  • Program expense ratio: 28.3%; rating input score 28

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -112.4%; rating input score 7; 7th percentile among comparable filings
  • Total-asset coverage ratio: 1.81; rating input score 62; 62nd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -33.8% per year; rating input score 0; 12th percentile among comparable filings
  • Revenue growth: -21.2% per year; rating input score 0; 14th percentile among comparable filings
  • Asset growth: -15.3% per year; rating input score 0; 13th percentile among comparable filings

Details

  • Where the money goes: 60.1% of revenue deployed · 28.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $3K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 4 filing years from 2021 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Program expense ratio scored 28/100.
  • High — Sustainability: Operating margin scored 7/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.