Amvets
- Assets
- $167.4k
- Revenue
- $43.2k
- Investments
- $0.0
- Employees
- 10
- Location
- Bishop, GA
- Founding
- 01/1970
- Data as of
- 06/2019
- EIN
- 23-7054265
Organization Overview
Amvets is located in Bishop, GA. The organization was established in 1970. 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. As of 06/2019, Amvets employed 10 individuals. 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 06/2019, Amvets generated $43.2k 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 (3.7%) each year. All expenses for the organization totaled $39.9k during the year ending 06/2019. As we would expect to see with falling revenues, expenses have declined by (8.3%) per year over the past 5 years. 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE SUPPORT TO VETERANS INCLUDING HOSPITALS ROTC SCHOOLS AND VETERANS AND CHILDREN ORGANIZATIONS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE SUPPORT FOR VETERANS OF WORLD WAR II KOREAN CONFLICT AND THE VIET NAME WARS
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wanda Simmons 2nd Vice | Officer | 15 | $2,144 |
Sandra Mcwaters President | Officer | 10 | $1,555 |
Brenda Fischer 1st Vice | Officer | 10 | $455 |
Beth Gilmer Treasurer | Officer | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,679 |
| 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 | $40,521 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $43,200 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $1,749 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $4,154 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $10,958 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,281 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $600 |
| 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 | $1,171 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $14,671 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $308 |
| Interest | $0 |
| Payments to affiliates | $312 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,434 |
| All other expenses | $0 |
| Total functional expenses | $39,939 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,049 |
| 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 | $79,000 |
| Total assets | $167,424 |
| 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 | $167,424 |
Endowment Analysis
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