OHIO DEPARTMENT OF AMVETS SERVICE FOUNDATION (EIN 340943286) - 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

1957

Legal Domicile

Principal Officer

ERIC SCHERER

Phone

6144316990

Tax Period

2024-07-01 to 2025-06-30

OHIO DEPARTMENT OF AMVETS SERVICE FOUNDATION, founded in 1957, is a small nonprofit that reported $297K in total revenue in fiscal year 2024. Revenue decreased 5% compared to the prior year. Expenses of $286K left a modest 4% surplus.

Mission

THE OHIO DEPARTMENT OF AMVETS SERVICE FOUNDATION, INC. IS A VETERAN ORGANIZATION THAT WAS FOUNDED TO HELP SUPPORT AND FUND PROGRAMS FOR THE WELFARE AND BENEFIT OF 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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $253,817

Program Service Revenue $0

Investment Income $42,990

Other Revenue $0

TOTAL REVENUE $296,807

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $285,882

TOTAL EXPENSES $285,882

Year-over-Year Comparison

	2024	2023	Change
Revenue	$296,807	$313,910	-0.1%
Expenses	$285,882	$365,635	-0.2%
Net Income	$10,925	$-51,725	-1.2%

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
DON LOWERS	TREASURER	2.00	Officer Director	$0	$0	$0
SAM PIERCE	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
MIKE PITMAN	SECRETARY	1.00	Officer Director	$0	$0	$0
ERIC SCHERER	PRESIDENT	2.00	Officer 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	$296,807	$285,882	$1,027,445	$10,925
2024	$313,910	$365,635	$952,310	$-51,725
2023	$451,650	$407,242	$870,951	$44,408
2022	$1,095,216	$1,091,108	$839,669	$4,108
2021	$788,419	$822,285	$948,169	$-33,866
2020	$430,019	$399,030	$796,084	$30,989
2019	$1,209,607	$1,175,460	$744,470	$34,147

OHIO DEPARTMENT OF AMVETS SERVICE FOUNDATION