AMVETS DEPT OF TN SERVICE FOUNDATIO (EIN 621220456) - 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

1984

Legal Domicile

Principal Officer

WILLIAM G KILGORE

Phone

4235023304

Tax Period

2023-06-01 to 2024-05-31

AMVETS DEPT OF TN SERVICE FOUNDATIO, founded in 1984, is a small nonprofit that reported $528K in total revenue in fiscal year 2023. Revenue fell 34% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $108K, a strong 21% operating margin.

Mission

AMVETS DEPARTMENT OF TENNESSEE SERVICE FOUNDATION, INC. IS A NON-PROFIT CHARITABLE ORGANIZATION THAT PROVIDES ASSISTANCE IN FURTHERING THE PROGRAMS AND SERVICES OF THE AMVETS DEPARTMENT OF TENNESSEE, INC. AND TO FURNISH SERVICES TO CITIZENS WHO ARE NOT ELIGIBLE FOR MEMBERSHIP IN THE CONGRESSIONALLY CHARTERED VETERANS' ORGANIZATION, AMVETS (AMERICAN VETERAN)

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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 $345,007

Program Service Revenue $0

Investment Income $132,446

Other Revenue $50,700

TOTAL REVENUE $528,153

Expense Breakdown

Grants Paid $107,337

Salaries & Benefits $34,616

Fundraising Expenses $216,889

Program Expenses $128,107

Other Expenses $69,638

TOTAL EXPENSES $419,826

Year-over-Year Comparison

	2023	2022	Change
Revenue	$528,153	$803,165	-0.3%
Expenses	$419,826	$510,777	-0.2%
Net Income	$108,327	$292,388	-0.6%

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

$34,616

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JIMMY T SMITH	PRESIDENT/TR	5.00	Officer Director	$0	$0	$0
WILLIAM G KILGORE	SECRETARY /T	8.00	Officer	$34,616	$0	$34,616
GLENN TAYLOR	VICE-PRESIDE	3.00	Officer Director	$0	$0	$0
TIM WOODY	STATE COMMAN	3.00	Officer Director	$0	$0	$0
MARK FREDERICK	PAST STATE C	3.00	Officer Director	$0	$0	$0
CURTIS RUST	TRUSTEE	3.00	Director	$0	$0	$0
JOHNNY TITLOW	TRUSTEE	3.00	Director	$0	$0	$0
SAMUEL JONES	TRUSTEE	3.00	Director	$0	$0	$0
MIKE CHURCH	TRUSTEE	3.00	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
2024	$528,153	$419,826	$3,702,731	$108,327
2023	$803,165	$510,777	$3,439,974	$292,388
2022	$760,529	$573,858	$3,240,203	$186,671
2021	$710,758	$505,030	$3,099,735	$205,728
2020	$680,601	$517,315	$2,725,466	$163,286
2019	$617,028	$552,115	$2,540,892	$64,913
2018	$626,969	$543,613	$2,488,346	$83,356

AMVETS DEPT OF TN SERVICE FOUNDATIO