AMVETS POST 550 OF FLORIDA INC

EIN: 593643039

ZEPHYRHILLS, FL

Total Revenue
$512,052
Total Expenses
$462,348
Total Assets
$869,440
Net Assets
$517,687
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
FL
Principal Officer
FLOYD ROBINSON
Phone
8137808180
Tax Period
2023-01-01 to 2023-12-31

AMVETS POST 550 OF FLORIDA INC, founded in 2000, is a small nonprofit that reported $512K in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $462K left a modest 10% surplus.

Mission

1. TO SERVE OUR COUNTRY IN PEACE AS IN WAR; TO BUILD AND MAINTAIN THE WELFARE OF THE UNITED STATES OF AMERICA TOWARD LASTING PROSPERITY AND PEACE FOR ALL ITS INHABITANTS. 2. TO ENCOURAGE, IN KEEPING THE POLICIES OF OUR GOVERNMENT, THE ESTABLISHMENT OF A CONCRETE PLAN TO SECURE PERMANENT INTERNATIONAL PEACE AND TO ASSIST IN THE MAINTENANCE OF INTERNATIONAL PEACE. 3. TO INSPIRE IN OUR MEMBERSHIP A SENSE OF RESPONSIBILITY AND TO DEVELOP LEADERSHIP FOR THE PRESERVATION OF OUR AMERICAN DEMOCRATIC WAY OF LIFE. 4. TO HELP UNIFY DIVERGENT GROUPS IN THE OVERALL INTEREST OF AMERICAN DEMOCRACY. 5. TO TRAIN OUR YOUTH TO BECOME PURPOSEFUL CITIZENS IN A DEMOCRACY WITH FULL KNOWLEDGE OF THE RESPONSIBILITIES AS WELL AS THE PRIVILEGES OF CITIZENSHIP. 6. TO COOPERATE WITH ALL DULY RECOGNIZED EXISTING VETERANS ORGANIZATIONS IN THE FURTHERANCE OF THE AIMS OF THE AMERICAN VETERANS WHO HAVE SERVED OR ARE SERVING IN THE ARMED FORCES OF THE UNITED STATES DURING AND SINCE WORLD WAR II. 7. TO ENSURE THE ORDERLY

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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 (2023)

Revenue Breakdown

Contributions & Grants $22,573
Program Service Revenue $349,750
Investment Income $410
Other Revenue $139,319
TOTAL REVENUE $512,052

Expense Breakdown

Grants Paid $0
Salaries & Benefits $41,635
Fundraising Expenses $0
Other Expenses $420,713
TOTAL EXPENSES $462,348

Year-over-Year Comparison

2023 2022 Change
Revenue $512,052 $439,713 +0.2%
Expenses $462,348 $459,718 +0.0%
Net Income $49,704 $-20,005 -3.5%
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

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Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
8
Employees
8
Volunteers
60

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
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRAD BUCHANAN COMMANDER N/A
Officer
$0 $0 $0
CLAYTON CHRISTIANSON 2ND VICE N/A
Officer
$0 $0 $0
JEFF COOK JUDGE ADVOCA N/A
Officer
$0 $0 $0
DAVID DENHAM 1ST VICE COM N/A
Officer
$0 $0 $0
RAY FINCH ADJUTANT N/A
Officer
$0 $0 $0
JAMES GREENFIELD PROVOST MARS N/A
Officer
$0 $0 $0
ORLANDO ORTIZE CHAPLIAN N/A
Officer
$0 $0 $0
FLOYD ROBINSON FINANCE OFFI N/A
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
2024 No data No data No data No data
2023 $512,052 $462,348 $869,440 $49,704
2022 $439,713 $459,718 $839,592 $-20,005
2021 $390,405 $391,774 $877,933 $-1,369
2020 $303,953 $309,344 $896,233 $-5,391
2019 $499,236 $466,750 $917,256 $32,486
2018 $853,713 $510,179 $899,204 $343,534
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