Veterans of Foreign Wars of the United States Department of Maine
Nonprofit profile at a glance
- EIN
- 010392708
- IRS 990-EZ coverage
- 2021–2024
- Forms available
- Form 990-EZ 2024
- Location
- Hampden, ME, USA
- Phone
- 2078622553
- Rating
- 45
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $47,779
- Expenses
- $46,733
- Assets
- $202,865
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
People named in this filing
- STEPHEN CASEY (COMMANDER)
- TERRY BEAN (SENIOR VICE COMMANDER)
- JAMES TODD (JUNIOR VICE 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-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Fraternal patriotic
What it reported doing in 2024
Veteran Support - Supported local Veterans' Home activities to include weekly Bingo, Christmas activities, and Birthday funds. Costs related to monthly veteran meetings.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
MIXED - The filed numbers largely add up and total assets are large relative to annual expenses, but may not be spendable cash. 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: 12
- Transparency & Controls: 82
- Sustainability: 62
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 12.5%; rating input score 12
- Program expense ratio: 12.8%; rating input score 13
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 2.2%; rating input score 50; 50th percentile among comparable filings
- Total-asset coverage ratio: 4.34; rating input score 82; 82nd 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: 5% per year; rating input score 100; 62nd percentile among comparable filings
- Revenue growth: -6.6% per year; rating input score 0; 30th percentile among comparable filings
- Asset growth: 1.8% per year; rating input score 100; 46th percentile among comparable filings
Details
- Where the money goes: 12.5% of revenue deployed · 12.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $6K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 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: Mission deployment rate scored 12/100.
- High — Financial Efficiency: Program expense ratio scored 13/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Operating margin scored 50/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.