Veterans of Foreign Wars Department of West Virgin

Nonprofit profile at a glance

EIN
237171916
IRS 990 coverage
2011–2024
Forms available
Form 990 2024
Location
Mason, WV, USA
Phone
7402746580
Rating
56
Verdict
MIXED
Rating confidence
Moderate

Reported finances

Revenue
$238,482
Expenses
$182,951
Assets
$1,453,660
Liabilities
$0

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

Leadership & pay

11 people listed

Highest reported compensation

  • DAVID A SOCKETT (AdjutantQuartermaster): $9,600 total reported compensation

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

Overview

Mission

Veterans of foreign wars organization. Provide social activities and assistance to veterans and their families.

What it reported doing in 2024

Additional benefits provided to veterans: This VFW provides facilities for veterans to go to as a home away from home. Many veterans have issues in their lives they have to deal with daily. This VFW provides a way for these veterans to know they are not alone. This is a place where they can share their stories and heal and grow both physically and mentally. There are many activies which aid in comradship development. Twice a month free meals are provided to veterans. Veterans can also receive assistance in filing VA claims. This organization also visits and provides small gifts for veterans who are confined to nursing homes.

Operating model

Revenue model
Other-operating. 86% of the money available for current operations came from other operating revenue.
Distribution model
Direct operator. The filing allocates 86% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 17
  • Transparency & Controls: 100
  • Accountability: 79
  • Sustainability: 75
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 23.7%; rating input score 24
  • Program expense ratio: 11.2%; rating input score 11
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 99.8%; rating input score 100; 26th percentile among comparable filings
  • Governance controls: 4 of 8 controls in place; rating input score 50
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 23.3%; rating input score 77; 77th percentile among comparable filings
  • Total-asset coverage ratio: 7.95; rating input score 86; 86th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
  • Officer compensation ratio: 5.2%; rating input score 33; 33rd percentile among comparable filings

Growth

  • Program expense growth: -41.5% per year; rating input score 0; 2nd percentile among comparable filings
  • Revenue growth: -2.9% per year; rating input score 0; 14th percentile among comparable filings
  • Asset growth: -0.9% per year; rating input score 0; 21st percentile among comparable filings

Details

  • Where the money goes: 23.7% of revenue deployed · 11.2% of spending went to programs
  • Governance: 569 of 570 board members independent · 4 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $20K in reported program spending
  • Leadership: top reported pay $10K · 11 people listed
  • Consistency: 21 of 21 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 5 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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: Mission deployment rate scored 24/100.
  • High — Financial Efficiency: Program expense ratio scored 11/100.
  • Review — Accountability: Governance controls: 3 of 7 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Officer compensation ratio scored 33/100.