Is Veterans Of Foreign Wars Of The United States Dept Of Maine Legit?

Veterans Of Foreign Wars Of The United States Dept Of Maine demonstrates a consistent operational history, with revenues and expenses fluctuating over the past decade. The organization's assets have generally grown from $297,650 in 2011 to $428,975 in 2019, indicating a stable financial base. However, the latest filing period (201906) shows expenses ($293,982) exceeding revenue ($231,182), resulting in a deficit for that year. This trend of expenses sometimes exceeding revenue is also observed in 201806. While the organization's liabilities remain very low, consistently under $5,000, the recurring operational deficits in recent years warrant attention to ensure long-term sustainability. The absence of reported officer compensation suggests a volunteer-driven leadership, which can be a positive indicator of efficiency and dedication to the mission.