AMVETS POST 245 INC (EIN 161596984) - 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

2008

Legal Domicile

Principal Officer

JOHN E TURNER

Phone

6073243515

Tax Period

2023-09-01 to 2024-08-31

AMVETS POST 245 INC, founded in 2008, is a small nonprofit that reported $168K in total revenue in fiscal year 2023. Revenue decreased 13% compared to the prior year. Expenses of $192K exceeded revenue, resulting in a 14% operating deficit.

Mission

PROVIDE INFORMATION, GUIDANCE, AND SUPPORT FOR VETERANS, AS TO FIND ASSISTANACE AND SUPPORT WITHIN THE VA SYSTEM AND CIVIL BENEFITS

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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 $11,244

Program Service Revenue $2,320

Investment Income $3

Other Revenue $154,359

TOTAL REVENUE $167,926

Expense Breakdown

Grants Paid $0

Salaries & Benefits $125,122

Fundraising Expenses $0

Program Expenses $191,978

Other Expenses $66,856

TOTAL EXPENSES $191,978

Year-over-Year Comparison

	2023	2022	Change
Revenue	$167,926	$192,753	-0.1%
Expenses	$191,978	$155,697	+0.2%
Net Income	$-24,052	$37,056	-1.6%

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

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

$16,372

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN E TURNER	FINANCE MANAGER	014.00	Officer	$16,372	$0	$16,372
RICK LOROW	1ST VICE COMMANDER	002.00	Officer	$0	$0	$0
PETE BRUNDU	BOARD MEMBER	002.00	Officer	$0	$0	$0
JOHN R FOSTER	COMMANDER	002.00	Officer	$0	$0	$0
JOE COTTON	BOARD MEMBER	002.00	Officer	$0	$0	$0
JIM HAWES	BOARD MEMBER	002.00	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
2024	$167,926	$191,978	$137,729	$-24,052
2023	$192,753	$155,697	$161,734	$37,056
2022	$137,362	$145,464	$123,189	$-8,102
2021	$153,980	$113,973	$131,275	$40,007
2020	$103,801	$95,859	$90,749	$7,942

AMVETS POST 245 INC