GRAND RAPIDS, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)AMVETS POST 23, founded in 1950, is a small nonprofit that reported $197K in total revenue in fiscal year 2024. Expenses of $187K left a modest 5% surplus.
A VETERANS ORGANIZATION PROVIDING CLUBROOM FACILITIES LIMITED TO MEMBERS AND THEIR GUESTS.
TO SUPPORT, AID, AND COMFORT VETERANS IN HOSPITALS AND HOMES, MAINTAINING PARK MEMORIALS AND MONUMENTS, FUNERAL LUNCHEONS, FLOWERS AND CARDS FOR ILL AND DECEASED VETERANS. PROVIDE RECREATION FOR...
TO SUPPORT, AID, AND COMFORT VETERANS IN HOSPITALS AND HOMES, MAINTAINING PARK MEMORIALS AND MONUMENTS, FUNERAL LUNCHEONS, FLOWERS AND CARDS FOR ILL AND DECEASED VETERANS. PROVIDE RECREATION FOR MEMBERS AND SUPPORT STATE SERVICES PROVIDED.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $196,610 | $182,964 | +0.1% |
| Expenses | $187,125 | $173,190 | +0.1% |
| Net Income | $9,485 | $9,774 | 0.0% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JESSICA JONES | COMMANDER | 8.00 |
Officer
Director
|
$0 | $0 | $0 |
| WENDELL RATLIFF JR | FIRST VICE | 3.00 |
Officer
Director
|
$2,548 | $0 | $2,548 |
| GARY BOUCHER | SECOND VICE | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| WILFRED KEATING | THIRD VICE | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| GEORGE WATTERSON | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| THOMAS PURCELL | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $196,610 | $187,125 | $215,499 | $9,485 |
| 2024 | $182,964 | $173,190 | $221,634 | $9,774 |
| 2023 | $178,778 | $164,293 | $226,122 | $14,485 |
| 2022 | $173,566 | $177,210 | $228,149 | $-3,644 |
| 2021 | $70,210 | $78,624 | $240,313 | $-8,414 |
| 2020 | $123,708 | $114,799 | $250,189 | $8,909 |
| 2019 | $120,813 | $132,744 | $249,015 | $-11,931 |
| 2018 | $103,834 | $126,775 | $274,135 | $-22,941 |
Compare AMVETS POST 23 with other nonprofits in Michigan and across the country.