Veterans of Foreign Wars Post 5299

Nonprofit profile at a glance

EIN
311170117
IRS 990 coverage
2019–2024
Forms available
Form 990 2024
Location
Mcarthur, OH, USA
Phone
7405962497
Rating
69
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$284,854
Expenses
$175,995
Assets
$187,549
Liabilities
$0

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

Leadership & pay

11 people listed

People named in this filing

  • CHARLES BOYER (TRUSTEE)
  • MARVIN MACE (TRUSTEE)
  • JOHN K MERTINS (TRUSTEE)

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

Expedite rehabilitation of the nations disabled veterans; assist veterans' widows and orphans; assist needy or disabled veterans and their families; and promote americanism by means of education in patriotism and by constructive service to local communities.

What it reported doing in 2024

Provided color guard and firing squad for veteran's memorial services on occassions such as memorial day, armed forces day, and veteran's day. Also provided firing squad for funeral services in the county for veterans, whether members or not. Promoted speakers for local grade and high school services to instill the sense of patriotism in local youth. Provided a canteen and picnic area for the use of members and guests. Donated 25% of all gambling earnings to the vfw Ohio charities.

Operating model

Revenue model
Other-operating. 97% of the money available for current operations came from other operating revenue.
Distribution model
Hybrid. The nonprofit split its reported program spending across 72% for direct work, 28% for grants, and 0% for member benefits.

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: 78
  • Transparency & Controls: 92
  • Accountability: 6
  • Sustainability: 71
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 80.3%; rating input score 80
  • Program expense ratio: 100%; rating input score 100
  • 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: 98%; rating input score 98; 58th percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 7th percentile among comparable filings
  • Governance controls: 1 of 7 controls in place; rating input score 14
    • 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: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 38.2%; rating input score 87; 87th percentile among comparable filings
  • Total-asset coverage ratio: 1.07; rating input score 42; 42nd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: 33.8% per year; rating input score 100; 92nd percentile among comparable filings
  • Revenue growth: 33.7% per year; rating input score 100; 94th percentile among comparable filings
  • Asset growth: 33.2% per year; rating input score 100; 93rd percentile among comparable filings

Details

  • Where the money goes: 80.3% of revenue deployed · 100% of spending went to programs
  • Governance: 0 of 11 board members independent · 1 of 7 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 11 people listed
  • Consistency: 23 of 23 current checks pass
  • Schedules: 4 filed schedules · includes grants
  • Filing history: 5 filing years from 2019 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • 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: 5 of 6 not reported.
  • Moderate — Sustainability: Total-asset coverage ratio scored 42/100.