William Martin Vfw Post 725
Nonprofit profile at a glance
- EIN
- 362340764
- IRS 990 coverage
- 2014–2024
- Forms available
- Form 990 2024, Form 990-EZ 2013
- Location
- Mokena, IL, USA
- Phone
- 7084795022
- Rating
- 89
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $529,604
- Expenses
- $462,533
- Assets
- $705,380
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- JAMES HOGAN (COMMANDER (PRESIDENT))
- PAUL CARVENS (VICE PRESIDENT)
Highest reported compensation
- RONALD J RODEGHERO (TREASURER): $6,800 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To nbsp; provide nbsp; a nbsp; meeting nbsp; place nbsp; for nbsp; assistance nbsp; to nbsp; and nbsp; entertainment nbsp; for nbsp; veterans nbsp; of nbsp; foreign nbsp; wars nbsp; in nbsp; mokena nbsp; Illinois nbsp; and nbsp; surrounding nbsp; communities nbsp; and nbsp; to nbsp; support nbsp; local nbsp; veterans nbsp; and nbsp; civic nbsp; organizations
What it reported doing in 2024
Operation of gaming devices serving as entertainment for veterans
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 93% 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filed totals do not add up and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 82
- Transparency & Controls: 100
- Accountability: 90
- Sustainability: 65
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 87.3%; rating input score 87
- 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: 100%; rating input score 100; 76th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 6 of 8 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 12.7%; rating input score 66; 66th percentile among comparable filings
- Total-asset coverage ratio: 1.53; rating input score 56; 56th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 91; 91st percentile among comparable filings
- Officer compensation ratio: 1.5%; rating input score 59; 59th percentile among comparable filings
Growth
- Program expense growth: 17.6% per year; rating input score 100; 79th percentile among comparable filings
- Revenue growth: 6.7% per year; rating input score 100; 53rd percentile among comparable filings
- Asset growth: 10.4% per year; rating input score 100; 60th percentile among comparable filings
Details
- Where the money goes: 87.3% of revenue deployed · 100% of spending went to programs
- Governance: 90 of 90 board members independent · 6 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $493K in reported program spending
- Leadership: top reported pay $7K · 4 people listed
- Consistency: 16 of 17 current checks pass · 1 finding to review
- Schedules: 4 filed schedules · includes grants
- Filing history: 10 filing years from 2014 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.
- Moderate — Transparency & Controls: Fund balance restriction sum did not reconcile in the filed values.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- Review — Sustainability: Total-asset coverage ratio scored 56/100.
- Review — Sustainability: Officer compensation ratio scored 59/100.