AMVETS POST # 2 (EIN 221979004) - 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

1945

Legal Domicile

Principal Officer

BUD LECOMPTE

Phone

7326570894

Tax Period

2024-07-01 to 2025-06-30

AMVETS POST # 2, founded in 1945, is a micro nonprofit that reported $29K in total revenue in fiscal year 2024. Revenue fell 22% from the prior year — a significant decline worth monitoring. Expenses of $51K exceeded revenue, resulting in a 78% operating deficit.

Mission

SERVICE TO VETERANS, VETERANS FAMILIES AND THE NEEDY

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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 (2024)

Revenue Breakdown

Contributions & Grants $5,570

Program Service Revenue $0

Investment Income $1

Other Revenue $23,014

TOTAL REVENUE $28,585

Expense Breakdown

Grants Paid $5,545

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $45,208

TOTAL EXPENSES $50,753

Year-over-Year Comparison

	2024	2023	Change
Revenue	$28,585	$36,577	-0.2%
Expenses	$50,753	$47,358	+0.1%
Net Income	$-22,168	$-10,781	+1.1%

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

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
ROY MALOTT	1290 TOMS RIVER RD JACKSON, NJ 08527	10.00	Officer	$0	$0	$0
KURT SCHOLZ VICE COMM	1290 TOMS RIVER RD JACKSON, NJ 08527	5.00	Officer	$0	$0	$0
GLEN FLANAGAN VICE COMM	1290 TOMS RIVER RD JACKSON, NJ 08527	5.00	Officer	$0	$0	$0
DAVE BERRY VICE COMM	1290 TOMS RIVER RD JACKSON, NJ 08527	5.00	Officer	$0	$0	$0
PETER FELD ADJUTANT	1290 TOMS RIVER RD JACKSON, NJ 08527	2.00	Officer	$0	$0	$0
BUD LECOMPTE FINANCE OFFICER	1290 TOMS RIVER RD JACKSON, NJ 08527	10.00	Officer	$0	$0	$0
SANDY PENSWATER TRUSTEE	1290 TOMS RIVER RD JACKSON, NJ 08527	2.00	Director	$0	$0	$0
DAVE MUNDAY TRUSTEE	1290 TOMS RIVER RD JACKSON, NJ 08527	2.00	Director	$0	$0	$0
WAYNE BILDER TRUSTEE	1290 TOMS RIVER RD JACKSON, NJ 08527	2.00	Director	$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	$28,585	$50,753	$303,554	$-22,168
2024	$36,577	$47,358	$295,956	$-10,781
2023	$87,010	$110,435	$306,737	$-23,425
2022	$54,930	$42,860	$330,162	$12,070

AMVETS POST # 2