AMERICAN VETERANS OF WORLD WAR II KOREA AND VIETNAM (AMVETS) SERVICES FOUN (EIN 521167416) - 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

1989

Legal Domicile

Principal Officer

MIKE MAHONEY

Phone

3017977545

Tax Period

2023-07-01 to 2024-06-30

AMERICAN VETERANS OF WORLD WAR II KOREA AND VIETNAM (AMVETS) SERVICES FOUN, founded in 1989, is a micro nonprofit that reported $53K in total revenue in fiscal year 2023. Revenue fell 47% from the prior year — a significant decline worth monitoring. Expenses of $80K exceeded revenue, resulting in a 50% operating deficit.

Mission

TO ASSIST VETERANS AND THEIR FAMILIES, SUPPORT VETERANS HOSPITALS AND OTHER CHARITIES, PROVIDE SCHOLARSHIPS, AND PROMOTE CIVIC RESPONSIBILITIES.

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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 $0

Program Service Revenue $45,566

Investment Income $7,751

Other Revenue $0

TOTAL REVENUE $53,317

Expense Breakdown

Grants Paid $20,313

Salaries & Benefits $12,385

Fundraising Expenses $0

Program Expenses $68,728

Other Expenses $47,138

TOTAL EXPENSES $79,836

Year-over-Year Comparison

	2023	2022	Change
Revenue	$53,317	$100,441	-0.5%
Expenses	$79,836	$93,578	-0.1%
Net Income	$-26,519	$6,863	-4.9%

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

$8,260

Total Directors

$12,385

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL P MAHONEY	DEPUTY FINANCE OFFICER	1.00	Officer Director	$2,750	$0	$2,750
JEAN M SHINBUR	FINANCE OFFICER	1.00	Officer Director	$3,750	$0	$3,750
MARTIN FISHER	JUDGE ADVOCATE	1.00	Officer Director	$0	$0	$0
ROBERT COLTER	3TH VICE COMMANDER	1.00	Director	$0	$0	$0
JAMES CHILDS JR	1ST VICE COMMANDER	1.00	Officer Director	$0	$0	$0
BRUCE RICE	DEPARTMENT COMMANDER	1.00	Officer Director	$0	$0	$0
ANDRE MARTEL	MEMBER	1.00	Officer Director	$1,760	$0	$1,760
EDWARD MCKINNON	MEMBER	1.00	Officer Director	$0	$0	$0
CHRISTOPHER WHITEHOUSE	3RD VICE COMMANDER	1.00	Officer Director	$0	$0	$0
KARLA LATHROUM	MEMBER	1.00	Director	$4,125	$0	$4,125
HAROLD H KING SR	MEMBER	1.00	Director	$0	$0	$0
FRED SHINBUR	MEMBER	1.00	Director	$0	$0	$0
DWIGHT MONNIER	MEMBER	1.00	Director	$0	$0	$0
MERHLE MOSER	MEMBER	1.00	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
2025	No data	No data	No data	No data
2024	$53,317	$79,836	$559,748	$-26,519
2023	$100,441	$93,578	$586,267	$6,863
2022	$94,147	$87,377	$579,404	$6,770
2021	$62,059	$44,602	$572,634	$17,457
2020	$59,401	$68,818	$555,177	$-9,417
2019	$71,816	$98,222	$564,594	$-26,406
2018	$85,603	$103,407	$591,000	$-17,804

AMERICAN VETERANS OF WORLD WAR II KOREA AND VIETNAM (AMVETS) SERVICES FOUN