Veterans of Foreign Wars
Nonprofit profile at a glance
- EIN
- 916010610
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Seattle, WA, USA
- Phone
- 2067828618
- Rating
- 61
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $56,114
- Expenses
- $92,058
- Assets
- $1,442,753
- Liabilities
- $159
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
People named in this filing
- HAROLD C HAMILTON JR (JR VICE COMM)
- GAIL ENGLER (TRUSTEE)
- ALYSON TEETER (COMMANDER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Vfw's mission is to "honor the dead by helping the living" through veterans' service, community service, national security and a strong national defense.
What it reported doing in 2024
Community service: throughout the year members of the post engage in service events of various types. The simplest being quarterly blood drives. The post is a resource to the community hosting a library containing nearly one thousand books with diverse perspectives of war and its effects on those who participate. These are available to the public for loan. Discussions of the texts are possible with coordination. The post also hosts many community members for various events, providing a low cost space in ballard, this also helps fund post program services. The post is also increasing its presence in ballard fremont providing practical services where the need is highlighted and our assistance is requested.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 62% for direct work, and 38% for grants.
The verdict
SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of voting board members are independent and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 51
- Transparency & Controls: 93
- Accountability: 30
- Sustainability: 45
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 67.3%; rating input score 67
- Program expense ratio: 30.9%; rating input score 31
- Fundraising efficiency: $2.78 raised per $1 spent on fundraising; rating input score 28; 28th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 80th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 9th percentile among comparable filings
- Governance controls: 5 of 7 controls in place; rating input score 71
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -64.1%; rating input score 26; 26th percentile among comparable filings
- Total-asset coverage ratio: 15.67; rating input score 74; 74th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 37; 37th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings
Growth
- Program expense growth: 2.9% per year; rating input score 100; 60th percentile among comparable filings
- Revenue growth: 8.3% per year; rating input score 100; 84th percentile among comparable filings
- Asset growth: -0.3% per year; rating input score 0; 38th percentile among comparable filings
Details
- Where the money goes: 67.3% of revenue deployed · 30.9% of spending went to programs
- Governance: 0 of 10 board members independent · 5 of 7 filing controls reported
- Programs: 4 filed program accomplishments
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 24 of 24 current checks pass
- Schedules: 3 filed schedules · includes grants
- Filing history: 14 filing years from 2010 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 — Accountability: Independent voting board scored 0/100.
- Moderate — Financial Efficiency: Program expense ratio scored 31/100.
- High — Financial Efficiency: Fundraising efficiency scored 28/100.
- High — Sustainability: Operating margin scored 26/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 37/100.