Amvets is located in Lithia Springs, GA. 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 08/2022, Amvets generated $64.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $66.5k during the year ending 08/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE FRIENDSHIP FOR AMERICAN VETERANS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTION OF FRIENDSHIP AMONG AMERICAN VETERANS THRU SOCIAL GATHERINGS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ron Baker Service Officer | Officer | 0 | $0 |
Jesse Briggs Provost Marshall | Officer | 0 | $0 |
Don Foster Judge Advocate | Officer | 0 | $0 |
Roberto Morales 1st Vice Commander | Officer | 5 | $0 |
Clarence Goolsby Commander | Officer | 5 | $0 |
Chris Crystal 3rd Vice Commander | Officer | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $90 |
Fundraising events | $8,880 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $3,268 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $12,238 |
Total Program Service Revenue | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $16,416 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $1,762 |
Net Income from Sales of Inventory | $34,110 |
Miscellaneous Revenue | $0 |
Total Revenue | $64,609 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $737 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,306 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $18,816 |
Advertising and promotion | $1,335 |
Office expenses | $911 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $26,159 |
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 | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $2,732 |
All other expenses | $0 |
Total functional expenses | $66,504 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $3,379 |
Savings and temporary cash investments | $5,001 |
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 |
Net Land, buildings, and equipment | $352,737 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $361,117 |
Accounts payable and accrued expenses | $2,500 |
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 | $72,406 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $74,906 |
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 |
Retained earnings, endowment, accumulated income, or other funds | $286,211 |
Total liabilities and net assets/fund balances | $361,117 |
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The Independence Fund Inc Charlotte, NC | $7,812,789 | $8,567,110 |
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Purple Heart Homes Inc Statesville, NC | $4,564,055 | $4,659,786 |
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Uso Of North Carolina Inc Morrisville, NC | $0 | $3,467,361 |
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