AMVETS CHICOPEE POST 12 BLDG ASSOC INC (EIN 042316510) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1948

Legal Domicile

Principal Officer

HOWARD CORMIER

Phone

4134786018

Tax Period

2023-01-01 to 2023-12-31

AMVETS CHICOPEE POST 12 BLDG ASSOC INC, founded in 1948, is a small nonprofit that reported $126K in total revenue in fiscal year 2023. Expenses of $115K left a modest 8% surplus.

Mission

VETERANS ORGANIZATION,CLUBHOUSE AND VARIOUS FUNCTIONS TO PROVIDE MEMBERS AND GUESTS THE OPPORTUNITY TO MEET AND DISCUSS LOCAL PROBLEMS AND TO PROVIDE A FORUM AND REMEMBRANCE OF DECEASED COMRADES

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,500

Program Service Revenue $0

Investment Income $0

Other Revenue $124,316

TOTAL REVENUE $125,816

Expense Breakdown

Grants Paid $0

Salaries & Benefits $58,225

Fundraising Expenses $0

Other Expenses $57,055

TOTAL EXPENSES $115,280

Year-over-Year Comparison

	2023	2022	Change
Revenue	$125,816	$116,901	+0.1%
Expenses	$115,280	$122,356	-0.1%
Net Income	$10,536	$-5,455	-2.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DONALD A ISABELLE	DIRECTOR	10.00	Officer	$0	$0	$0
HOWARD F CORMIER	PRESIDENT	10.00	Officer	$0	$0	$0
LEO ASSELIN	CLERK	10.00	Officer	$0	$0	$0
ROBERT GARRANT	TREASURER	10.00	Officer	$0	$0	$0
WALTER PEACEY	DIRECTOR	10.00	Officer	$0	$0	$0
BRIAN BELLANGER	DIRECTOR	10.00	Officer	$0	$0	$0
WALTER SOUTHARD	DIRECTOR	10.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2023	$125,816	$115,280	$51,441	$10,536
2022	$116,901	$122,356	$44,974	$-5,455
2021	$103,017	$98,803	$61,995	$4,214
2020	$42,145	$78,417	$64,316	$-36,272

AMVETS CHICOPEE POST 12 BLDG ASSOC INC