AMVETS Post 178

EIN: 592890529

Defuniak Springs, FL

Total Revenue
$80,085
Total Expenses
$80,085
Total Assets
$57,475
Net Assets
$57,475
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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
1987
Legal Domicile
FL
Principal Officer
Wayne Wright
Phone
8508924594
Tax Period
2021-06-01 to 2022-05-31

AMVETS Post 178, founded in 1987, is a micro nonprofit that reported $80K in total revenue in fiscal year 2021.

Mission

Provides veterans and community service, veterans service and fraternal organizations.

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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%)

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $2,720
Program Service Revenue $0
Investment Income $0
Other Revenue $77,365
TOTAL REVENUE $80,085

Expense Breakdown

Grants Paid $0
Salaries & Benefits $25,480
Fundraising Expenses $0
Program Expenses $80,085
Other Expenses $51,885
TOTAL EXPENSES $80,085

Year-over-Year Comparison

2021 2020 Change
Revenue $80,085 N/A N/A
Expenses $80,085 N/A N/A
Net Income $0 $0 N/A
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

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Governance

Voting Members
5
Independent Members
N/A
Employees
N/A
Volunteers
25

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
4
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
David Bowling Trustee Chairman 20
Director
$0 $0 $0
Charlie Wright Commander 20
Officer
$0 $0 $0
Terry Bolin Finance Officer 20
Officer
$0 $0 $0
Nick Hudson 2nd Vice 20
Officer
$0 $0 $0
Sonny Graham Provost Marshall 20
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
2022 $80,085 $80,085 $57,475 No data
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