Veterans of Foreign Wars of the Us John Hand-tri County Post No 2906

Nonprofit profile at a glance

EIN
226065356
IRS 990 coverage
2016–2024
Forms available
Form 990 2024
Location
Pompton Lakes, NJ, USA
Phone
9738357370
Rating
58
Verdict
MIXED
Rating confidence
Moderate

Reported finances

Revenue
$17,766
Expenses
$19,960
Assets
$65,716
Liabilities
$0

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

Leadership & pay

10 people listed

People named in this filing

  • MICHAEL BANN (JR VICE COMMAND)
  • CONNOR J OTTO (SR VICE COMMAND)
  • JOSEPH DEGROOT (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

THE VFW IS A FRATERNAL, PATRIOTIC, HISTORICAL AND EDUCATIONAL ORGANIZATION, ORIGINALLY FOUNDED TO ASSIST VETERANS IN NEED, AS WELL AS THEIR WIDOWS AND FAMILIES.the organization's mission is to foster camaraderie among United States Veterans of overseas conflicts. To serve our veterans, the military, and our communities. To advocate on behalf of all veterans.Ensure that veterans are respected for their service, always receive their earned entitlements, and are recognized for the sacrifices they and their loved ones have made on behalf of this great country. OUR CORE VALUES: Always put the interests of our members first Treat donors as partners in our cause Promote patriotismHonor military serviceEnsure the care of veterans and their families Serve our communitiesPromote a positive image of the VFWRespect the diversity of veteran opinions

What it reported doing in 2024

Upholding the organization's main mission as stated within its primary mission statement attached to this return and by participating in various community activities within this vfw's local community as well as it's local surrounding communities. The group participates in memorial ceremonies, parades and other community events honoring the veterans of all foreign conflicts as well as maintain local monuments and honorariums. The organization also participates in and sponsors various other community activities, events and fundraisers.

Operating model

Revenue model
Other-operating. 83% of the money available for current operations came from other operating revenue.
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

MIXED - The filed numbers largely add up and program spending has grown recently. 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: 34
  • Transparency & Controls: 90
  • Accountability: 58
  • Sustainability: 48
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 40.1%; rating input score 40
  • Program expense ratio: 35.7%; rating input score 36
  • 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: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 0 of 7 controls in place; rating input score 0
    • 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: Fail
    • Board meeting minutes documented: Fail
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -12.3%; rating input score 44; 44th percentile among comparable filings
  • Total-asset coverage ratio: 3.29; rating input score 42; 42nd 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: 3.5% per year; rating input score 100; 62nd percentile among comparable filings
  • Revenue growth: -4.4% per year; rating input score 0; 45th percentile among comparable filings
  • Asset growth: 4% per year; rating input score 100; 62nd percentile among comparable filings

Details

  • Where the money goes: 40.1% of revenue deployed · 35.7% of spending went to programs
  • Governance: 136 of 136 board members independent · 0 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $7K in reported program spending
  • Leadership: top reported pay $0 · 10 people listed
  • Consistency: 19 of 19 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 8 filing years from 2016 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 40/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 36/100.
  • High — Accountability: Governance controls: 6 of 6 not reported.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 44/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 42/100.