Amvets
- Assets
- $259.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mountain View, AR
- Founding
- 00/0000
- Data as of
- 12/2020
- EIN
- 71-0775277
Organization Overview
Amvets, operating under the name Amvets Post 7, is located in Mountain View, AR. The organization was established in 0000. 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 Post 7 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 12/2020, Amvets Post 7 generated $11.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (22.9%) each year. All expenses for the organization totaled $25.0k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (14.0%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
DUE TO THE COVID 19 PANDEMIC ALL POST ACTIVITIES WERE SUSPENDED AFTER MARCH OF 2020.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Garnett Commander | 15 | $0 | |
Raymond Davidson 1st Vice Commander | 0.5 | $0 | |
Solomon Bass 2nd Vice Commander | 0.5 | $0 | |
Mike Presley Adjutant | 0.5 | $0 | |
Lycrecia Long Finance Officer | 0.5 | $0 | |
Rick Hand Provost Marshall | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $429 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $4,651 |
| Other Revenue | $6,101 |
| Total Revenue | $11,181 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $625 |
| Occupancy, rent, utilities, and maintenance | $3,815 |
| Printing, publications, postage, and shipping | $174 |
| Other expenses | $19,284 |
| Total expenses | $24,992 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $18,164 |
| Other assets | $0 |
| Total assets | $259,008 |
| Total liabilities | $0 |
| Net assets or fund balances | $259,008 |