AMVETS New York State Inc

EIN: 113117721

Bellmore, NY

Total Revenue
$157,492
Total Expenses
$148,599
Total Assets
$217,770
Net Assets
$217,770
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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
1970
Legal Domicile
NY
Principal Officer
Jack Gray
Phone
6319839021
Tax Period
2020-07-01 to 2021-06-30

AMVETS New York State Inc, founded in 1970, is a small nonprofit that reported $157K in total revenue in fiscal year 2020. Revenue decreased 11% compared to the prior year. Expenses of $149K left a modest 6% surplus.

Mission

TO ASSIST FELLOW NYS VETERANS

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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%)

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $27,000
Program Service Revenue $91,617
Investment Income $16
Other Revenue $38,859
TOTAL REVENUE $157,492

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $0
Other Expenses $16,226
TOTAL EXPENSES $148,599

Year-over-Year Comparison

2020 2019 Change
Revenue $157,492 $177,256 -0.1%
Expenses $148,599 $127,569 +0.2%
Net Income $8,893 $49,687 -0.8%
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

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Governance

Voting Members
9
Independent Members
9
Employees
2
Volunteers
33

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
0
$0
Total Directors
0
$0
Key Employees
2
$38,016
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD ROSSI EXECUTIVE DIRECTOR 25
Key Emp
$25,000 $0 $25,000
ALICE WALTER SECRETARY 10
Key Emp
$13,016 $0 $13,016
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
2021 $157,492 $148,599 $217,770 $8,893
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