EDGEWATER-NEW SMYRNA AMVETS POST 2 (EIN 274823562) - 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

2011

Legal Domicile

Principal Officer

TOM PUTNEY

Phone

3864027602

Tax Period

2023-09-01 to 2024-08-31

EDGEWATER-NEW SMYRNA AMVETS POST 2, founded in 2011, is a small nonprofit that reported $272K in total revenue in fiscal year 2023. Revenue decreased 5% compared to the prior year. Expenses of $303K exceeded revenue, resulting in a 12% operating deficit.

Mission

TO ENHANCE AND SAFEGUARD THE ENTITLEMENTS FOR ALL AMERICAN VETERANS WHO HAVE SERVED HONORABLY AND TO IMPROVE THE QUALITY OF LIFE FOR THEM, THEIR FAMILIES AND THE COMMUNITIES WHERE THEY LIVE THROUGH LEADERSHIP, ADVOCACY AND SERVICES.

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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 $178,599

Program Service Revenue $0

Investment Income $122

Other Revenue $93,063

TOTAL REVENUE $271,784

Expense Breakdown

Grants Paid $23,581

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $265,497

Other Expenses $279,829

TOTAL EXPENSES $303,410

Year-over-Year Comparison

	2023	2022	Change
Revenue	$271,784	$286,874	-0.1%
Expenses	$303,410	$245,743	+0.2%
Net Income	$-31,626	$41,131	-1.8%

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

Governance

Voting Members

366

Independent Members

366

Employees

N/A

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
MELVIN LANE	COMMANDER	36.00	Officer	$0	$0	$0
ED POWER	1ST VICE COMMANDER	30.00	Officer	$0	$0	$0
ROBERT PATTERSON	2ND VICE COMMANDER	25.00	Officer	$0	$0	$0
CHAD BRUMMUND	3RD VICE COMMANDER	25.00	Officer	$0	$0	$0
FINANCE OFFICER	KEVIN WILLIAMS	40.00	Officer	$0	$0	$0
TOM PUTNEY	ASSISTANT FINANCE OFFICER	10.00	Officer	$0	$0	$0
VACANT	ADJUTANT	0.00	Director	$0	$0	$0
ODIE BABINEAUX	PROVOST MARSHALL	0.00	Director	$0	$0	$0
PAUL MALDONADO	CHAPLAIN	15.00	Director	$0	$0	$0
BOB EISS	HEAD TRUSTEE	30.00	Director	$0	$0	$0
EARNIE FUCELLO	TRUSTEE	30.00	Director	$0	$0	$0
TREY GHEEN	TRUSTEE	30.00	Director	$0	$0	$0
VACANT	JUDGE ADVOCATE	0.00	Director	$0	$0	$0
VACANT	SERVICE OFFICER	0.00	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
2024	$271,784	$303,410	$689,578	$-31,626
2023	$286,874	$245,743	$722,347	$41,131
2022	$327,897	$242,230	$682,914	$85,667
2021	$310,007	$219,281	$687,092	$90,726
2020	$255,024	$215,093	$681,430	$39,931
2019	$319,244	$208,232	$702,650	$111,012

EDGEWATER-NEW SMYRNA AMVETS POST 2