Amvets

EIN: 362906649

Beecher, IL

Total Revenue
$125,355
Total Expenses
$138,244
Total Assets
$664,673
Net Assets
$663,863
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1949
Legal Domicile
IL
Principal Officer
Richard Whitmon
Phone
7089462440
Tax Period
2025-03-01 to 2026-02-28

Amvets, founded in 1949, is a small nonprofit that reported $125K in total revenue in fiscal year 2025. Revenue decreased 20% compared to the prior year. Expenses of $138K exceeded revenue, resulting in a 10% operating deficit.

Mission

To provide community service and fellowship and to preserve and support the aims and goals of the Amvets National Organization

Program Service Accomplishments

Program 1
Expenses: $103,195

To provide community service and fellowship and to preserve and support the aims and goals of the Amvets National Organization

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $115
Program Service Revenue $1,606
Investment Income $4,167
Other Revenue $119,467
TOTAL REVENUE $125,355

Expense Breakdown

Grants Paid $0
Salaries & Benefits $7,356
Fundraising Expenses $0
Program Expenses $103,195
Other Expenses $130,888
TOTAL EXPENSES $138,244

Year-over-Year Comparison

2025 2024 Change
Revenue $125,355 $156,387 -0.2%
Expenses $138,244 $137,206 +0.0%
Net Income $-12,889 $19,181 -1.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
6
Independent Members
6
Employees
12
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
5
$9,600
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Richard Whitmon Finance Officer N/A
Officer
$9,600 $0 $9,600
Raymond Meier Trustee N/A
Director
$0 $0 $0
Cheryl Weglewski Adjustant N/A
Officer
$0 $0 $0
James Gordon Junior Vice N/A
Officer
$0 $0 $0
Richard Prete Senior Vice N/A
Officer
$0 $0 $0
William Spangler Commander N/A
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
2026 $125,355 $138,244 $664,673 $-12,889
2025 No data No data No data No data
2024 $177,475 $159,083 $659,103 $18,392
2023 $173,487 $104,562 $640,691 $68,925
2022 $136,427 $83,574 $571,607 $52,853
2021 $56,302 $63,896 $518,644 $-7,594
Explore More Nonprofits
Top 100 Nonprofits in Illinois Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Amvets with other nonprofits in Illinois and across the country.