Amvets
- Assets
- $413.4k
- Revenue
- $56.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Franklin, KY
- Founding
- 02/1954
- Data as of
- 06/2021
- EIN
- 61-1307963
Organization Overview
Amvets is located in Franklin, KY. The organization was established in 1954. According to its NTEE Classification (W30) the organization is classified as: Military & Veterans Organizations, under the broad grouping of Public & Societal Benefit and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Amvets is a 501(c)(19) and as such, is described as a "Post or Organization of Past or Present Members of the Armed Forces" by the IRS.
For the year ending 06/2021, Amvets generated $56.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (18.0%) each year. All expenses for the organization totaled $176.0k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ORGANIZED TO PROVIDE SERVICES TO VETERANS AND MAINTAIN FACILITES TO PROVIDE THOSE SERVICES. THEY ALSO SUPPORT OTHER VETERAN ORGANIZATIONS TO MEET VETERAN NEEDS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAM COSTS FOR OPERATING THE AMVET POST HOME FACILITY AND PROVIDING AIDE AND HELPS TO VETERANS AND THEIR FAMILIES. THE ORGANIZATION PROVIDES A PLACE TO MEET, OFFERS ENTERTAINMENT AND COMFORTS TO VETERANS AND ITS MEMBERS. THEY ALSO SUPPORT OTHER ORGANIZATIONS WITH SIMILAR GOALS TO HELP VETERANS AND ESPECIALLY CHILDREN.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cheryl West Finance | OfficerTrustee | 40 | $0 |
David Green 1st VP | OfficerTrustee | 40 | $0 |
Donald Wright Commander | OfficerTrustee | 40 | $0 |
David Burchett 2nd VP | OfficerTrustee | 20 | $0 |
JD Osborne Adjutant | Trustee | 20 | $0 |
Joseph Adamar Judge Advocate | Trustee | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $39,672 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $5,613 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $56,899 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $1,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $67,975 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $58,566 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,389 |
| Fees for services: Accounting | $850 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $264 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $27,348 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $595 |
| Depreciation, depletion, and amortization | $14,236 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $176,034 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $33,007 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $413,427 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $413,427 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Veterans Of Foreign Wars Of The United States Kansas City, MO | $242,275,685 | $98,113,411 |
American Legion Indianapolis, IN | $141,288,704 | $82,016,470 |
Army Emergency Relief Arlington, VA | $416,891,741 | $42,370,093 |
Navy-Marine Corps Relief Society Arlington, VA | $160,427,961 | $29,210,374 |
Military Officers Association Of America Alexandria, VA | $184,530,638 | $38,032,797 |
Military Order Of The Purple Heart Service Foundation Inc Annandale, VA | $2,548,586 | $20,677,650 |
H E R O E S Care Inc Fenton, MO | $4,492,001 | $18,882,199 |
Air Force Aid Society Inc Arlington, VA | $262,482,165 | $46,086,376 |
Disabled American Veterans Kansas City, MO | $10,841,900 | $17,342,130 |
American Legion Bowling Green, KY | $1,050,755 | $11,898,405 |
The National Military Family Association Alexandria, VA | $8,448,648 | $9,411,080 |
United Service Organizations Inc Fort Myer, VA | $0 | $2,240,114 |