Veterans of Foreign Wars of the United States Dept of Florida
Nonprofit profile at a glance
- EIN
- 590732976
- IRS 990 coverage
- 2017–2024
- Forms available
- Form 990 2024, Form 990-EZ 2021, Form 990-N 2012
- Location
- Panama City, FL, USA
- Phone
- 8504811354
- Rating
- 70
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $58,771
- Expenses
- $61,557
- Assets
- $180,487
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
People named in this filing
- Kevin Delaney (Trustee - 1st Year)
- Chris Tucker (Trustee - 2nd Year)
- Jimmy Dotson (Trustee - 3rd Year)
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
Assist veterans and military personnel and their families; direct public attention to the needs of these groups; promote and assist in funding programs sponsored by the VFW, its affiliates, and other non-profit groups.
What it reported doing in 2024
Support local youth programs, county wide to include scholarships through the Voice of Democracy and Pen programs as well as JROTC programs and Boy Scout Ranger Days. 2,500 total hours to support community your activities. Programs support county youth population of 18,000 children between the ages of 5 and 18.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% 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
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 89
- Transparency & Controls: 90
- Accountability: 12
- Sustainability: 50
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
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: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 9th percentile among comparable filings
- Governance controls: 2 of 7 controls in place; rating input score 29
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- 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: -4.7%; rating input score 50; 50th percentile among comparable filings
- Total-asset coverage ratio: 2.93; rating input score 40; 40th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings
Growth
- Program expense growth: 28.5% per year; rating input score 100; 89th percentile among comparable filings
- Revenue growth: -1% per year; rating input score 0; 56th percentile among comparable filings
- Asset growth: 2% per year; rating input score 100; 52nd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: 0 of 350 board members independent · 2 of 7 filing controls reported
- Programs: 3 filed program accomplishments · $62K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 42 of 42 current checks pass
- Schedules: 3 filed schedules
- Filing history: 4 filing years from 2017 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.
- High — Accountability: Governance controls: 4 of 6 not reported.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Operating margin scored 50/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 40/100.