AMVETS DEPARTMENT OF FLORIDA INC (EIN 592988880) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

1984

Legal Domicile

Principal Officer

RICHARD MCKERN

Phone

8558500474

Tax Period

2024-07-01 to 2025-06-30

AMVETS DEPARTMENT OF FLORIDA INC, founded in 1984, is a small nonprofit that reported $144K in total revenue in fiscal year 2024. Revenue fell 35% from the prior year — a significant decline worth monitoring. Expenses of $254K exceeded revenue, resulting in a 76% operating deficit.

Mission

VETERANS SERVING VETERANS

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $123,941

Program Service Revenue $37,597

Investment Income $22

Other Revenue $-17,446

TOTAL REVENUE $144,114

Expense Breakdown

Grants Paid $32,467

Salaries & Benefits $50,361

Fundraising Expenses $0

Other Expenses $171,238

TOTAL EXPENSES $254,066

Year-over-Year Comparison

	2024	2023	Change
Revenue	$144,114	$223,307	-0.4%
Expenses	$254,066	$234,208	+0.1%
Net Income	$-109,952	$-10,901	+9.1%

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

Governance

Voting Members

Independent Members

Employees

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

$43,888

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JONDEXTER TOOMBS	FINANCE OFFICER	40.00	Officer Director	$0	$0	$0
DOUG FERGUSON	COMMANDER	40.00	Officer Director	$0	$0	$0
DEAN RICHARDS	1ST VICE COMMANDER	20.00	Officer Director	$0	$0	$0
KEVIN BUTWILL	2ND VICE COMMANDER	20.00	Officer Director	$0	$0	$0
DAVID BACA	PROVOST MARSHALL	10.00	Officer Director	$0	$0	$0
PAMALA GERHARD	JUDGE ADVOCATE	20.00	Officer Director	$0	$0	$0
HORACE JOHNSON	EXECUTIVE DIRECTOR (THRU 8/31/2024)	40.00	Director	$0	$0	$0
RICHARD MCKERN	EXECUTIVE DIRECTOR (BEGAN 9/01/2024)	40.00	Officer	$43,888	$0	$43,888

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	$144,114	$254,066	$458,034	$-109,952
2024	$223,307	$234,208	$577,137	$-10,901
2023	$200,262	$206,217	$581,062	$-5,955
2022	$305,866	$211,456	$587,082	$94,410
2021	$187,492	$161,760	$493,629	$25,732
2019	$253,004	$348,980	$456,111	$-95,976

AMVETS DEPARTMENT OF FLORIDA INC