Armed Forces Veterans Inc
- Assets
- $119.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Philadelphia, PA
- Founding
- 09/2014
- Data as of
- 12/2020
- EIN
- 47-1351374
Organization Overview
Armed Forces Veterans Inc is located in Philadelphia, PA. The organization was established in 2014. 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 an independent organization and not affiliated with a larger national or regional group of organizations. Armed Forces Veterans Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, Armed Forces Veterans Inc generated $182.0k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 43.7% each year . All expenses for the organization totaled $68.6k during the year ending 12/2020. While expenses have increased by 22.4% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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
PROVIDE FOOD, CLOTHING AND OTHER AID TO NEEDY VETERANS AND TO WOUNDED WARRIORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jean Manning Director | 1 | $0 | |
Jenny Zeplin Director | 20 | $0 | |
Anil Bhasin Director | 20 | $0 | |
Anthony Jones Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $182,025 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $182,025 |
| 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 | $1,500 |
| Occupancy, rent, utilities, and maintenance | $23,225 |
| Printing, publications, postage, and shipping | $6,901 |
| Other expenses | $36,933 |
| Total expenses | $68,559 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $4,934 |
| Other assets | $0 |
| Total assets | $119,331 |
| Total liabilities | $0 |
| Net assets or fund balances | $119,331 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Armed Forces Veterans Inc has recieved totaling $29,766.
| Awarding Organization | Amount |
|---|---|
Good360 Alexandria, VA PURPOSE: TO ASSIST THOSE IN NEED. | $29,755 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $11 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Americas Vetdogs The Veterans K9 Corps Inc Smithtown, NY | $4,103,216 | $9,390,820 |
Vietnam Veterans Of America Inc Silver Spring, MD | $22,711,920 | $10,930,074 |
United Spinal Association Inc Kew Gardens, NY | $8,457,849 | $8,910,555 |
Veterans Leadership Program Of Western Pennsylvania Inc Pittsburgh, PA | $2,368,240 | $7,560,705 |
Naval Academy Sailing Foundation Inc Annapolis, MD | $38,236,455 | $2,114,798 |
Amvets Lanham, MD | $9,484,148 | $3,609,128 |
Veterans Outreach Center Inc Rochester, NY | $10,292,940 | $5,967,513 |
Air Force Sergeants Association Suitland, MD | $6,098,663 | $3,171,289 |
Veterans Research Foundation Pittsburgh, PA | $4,865,557 | $2,533,091 |
American Legion Wormleysburg, PA | $6,891,300 | $3,184,606 |
Common Defense Civic Engagement New York, NY | $599,694 | $2,910,495 |
American Legion Troy, NY | $13,558,229 | $3,222,198 |