AMVETS CHARITIES INC (EIN 521151181) - 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

1978

Legal Domicile

Principal Officer

JOSEPH R CHENELLY

Phone

3014596181

Tax Period

2023-01-01 to 2023-12-31

AMVETS CHARITIES INC, founded in 1978, is a small nonprofit that reported $259K in total revenue in fiscal year 2023. Revenue fell 36% from the prior year — a significant decline worth monitoring. Expenses of $452K exceeded revenue, resulting in a 74% operating deficit.

Mission

TO ASSIST VETERANS OF THE UNITED STATES OF AMERICA, BY ASSISTING THOSE ORGANIZATIONS THAT ASSIST VETERANS AND BY OPERATING THE CARILLON PROGRAM.

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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 $226,957

Program Service Revenue $0

Investment Income $32,255

Other Revenue $0

TOTAL REVENUE $259,212

Expense Breakdown

Grants Paid $324,432

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $427,835

Other Expenses $127,253

TOTAL EXPENSES $451,685

Year-over-Year Comparison

	2023	2022	Change
Revenue	$259,212	$405,056	-0.4%
Expenses	$451,685	$174,541	+1.6%
Net Income	$-192,473	$230,515	-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

Independent Members

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

$499,856

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN P BROWN III PNC	PRESIDENT	1.00	Officer Director	$0	$0	$0
RICHARD VANNATTA	TREASURER	1.00	Officer Director	$0	$0	$0
CHARLES KISSEL	SECRETARY	1.00	Officer Director	$0	$0	$0
BRIAN KENNEDY	TRUSTEE	1.00	Director	$0	$0	$0
DON OLIVER	TRUSTEE	1.00	Director	$0	$0	$0
RICHARD PRZYBYLISKI	TRUSTEE	1.00	Director	$0	$0	$0
REGE RILEY	TRUSTEE	1.00	Director	$0	$0	$0
DON MCLEAN	NATIONAL COMMANDER	1.00	Director	$0	$0	$0
JOSEPH R CHENELLY	EXECUTIVE DIRECTOR	1.00	Officer	$0	$40,197	$182,254
AGHA HUSSAIN	FINANCE DIRECTOR	1.00	Officer	$0	$36,613	$183,788
SYBRENA BULLOCK	COO	1.00	Officer	$0	$15,226	$133,814

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	$259,212	$451,685	$2,692,037	$-192,473
2022	$405,056	$174,541	$2,855,356	$230,515
2021	$301,218	$171,078	$2,526,202	$130,140
2020	$414,087	$207,877	$2,293,563	$206,210
2019	$550,741	$282,713	$2,078,690	$268,028
2018	$435,698	$349,483	$1,754,299	$86,215

AMVETS CHARITIES INC