AMVETS NEW YORK STATE SERVICE FOUNDATION INC (EIN 111961055) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1951

Legal Domicile

Principal Officer

DAVE FEARY

Phone

9782109798

Tax Period

2024-05-01 to 2025-04-30

AMVETS NEW YORK STATE SERVICE FOUNDATION INC, founded in 1951, is a micro nonprofit that reported $56K in total revenue in fiscal year 2024. Revenue fell 73% from the prior year — a significant decline worth monitoring. Expenses of $163K exceeded revenue, resulting in a 191% operating deficit.

Mission

ORGANIZATION'S MISSION OR MOST SIGNIFICANT ACTVITIES TO PROVIDE ASSISTANCE TO VETERANS HOSPITALS AND HOMES IN NEW YORK STATE, TO BUY ITEMS FOR VETERANS IN HOMES AND PROVIDE GRANTS TO LOCAL POSTS, ORGANIZATIONS, AND HOSPITALS TO FUN PROGRAMS FOR VETERANS IN HOSPITALS AND HOMES IN NEW YORK STATE AND DONATIONS OF VARIOUS ITEMS TO OVERSEAS TROUPS.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $27,674

Program Service Revenue $0

Investment Income $24,853

Other Revenue $3,308

TOTAL REVENUE $55,835

Expense Breakdown

Grants Paid $0

Salaries & Benefits $72,625

Fundraising Expenses $0

Other Expenses $90,020

TOTAL EXPENSES $162,645

Year-over-Year Comparison

	2024	2023	Change
Revenue	$55,835	$208,567	-0.7%
Expenses	$162,645	$277,251	-0.4%
Net Income	$-106,810	$-68,684	+0.6%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

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
JOSEPH ASHMAN	PRESIDENT	1.00	Officer	$0	$0	$0
LENNY SCHEINER	VICE PRESIDENT	1.00	Officer	$0	$0	$0
HAL QUEYOR	TREASURER	3.00	Officer	$0	$0	$0
JIM GARDNER	SECRETARY	1.00	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
2025	$55,835	$162,645	$799,466	$-106,810
2024	$208,567	$277,251	$879,593	$-68,684
2023	$384,018	$366,605	$927,360	$17,413
2022	$318,587	$317,963	$909,527	$624
2021	$352,046	$231,447	$917,623	$120,599
2020	$311,421	$312,053	$797,024	$-632

AMVETS NEW YORK STATE SERVICE FOUNDATION INC