AMVETS HOME ASSN OF PORTAGE (EIN 250938858) - 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

1917

Legal Domicile

Principal Officer

E JAMES LAMISON

Phone

8147369975

Tax Period

2023-01-01 to 2023-12-31

AMVETS HOME ASSN OF PORTAGE, founded in 1917, is a small nonprofit that reported $161K in total revenue in fiscal year 2023. The organization ran a surplus of $34K, a strong 21% operating margin.

Mission

The purpose of the Amvets is to assist veterans and sponsoring programs that serve our country and its ciitzens. Amvets is in the forefront of public policy relating

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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 $4,411

Program Service Revenue $57,996

Investment Income $24

Other Revenue $98,545

TOTAL REVENUE $160,976

Expense Breakdown

Grants Paid $15,740

Salaries & Benefits $65,465

Fundraising Expenses $0

Other Expenses $45,858

TOTAL EXPENSES $127,063

Year-over-Year Comparison

	2023	2022	Change
Revenue	$160,976	N/A	N/A
Expenses	$127,063	$2,007	+62.3%
Net Income	$33,913	$-2,007	-17.9%

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
BRUCE VALARI	PRESIDENT	2.00	Officer	$0	$0	$0
E JAMES LAMISON	TREASURER	8.00	Officer	$0	$0	$0
HENRY GAUNT	VICE PRESIDENT	2.00	Officer	$0	$0	$0
MICHAEL NAGY	SECRETARY	2.00	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	No data	No data	No data	No data
2023	$160,976	$127,063	$176,863	$33,913
2022	No data	$2,007	No data	No data
2021	$160,789	$102,483	$184,616	$58,306
2020	$68,518	$64,328	$126,310	$4,190
2019	$114,082	$96,694	$122,120	$17,388
2018	$84,442	$88,184	$104,732	$-3,742

AMVETS HOME ASSN OF PORTAGE