Quick charity verification for Amvets (EIN: 10319962)
Verdict: Amvets appears trustworthy
75/100Mission Score
$310KRevenue
$273KAssets
2Red Flags
3Strengths
Red Flags
Expenses ($338,340) exceeded revenue ($310,029) in the latest fiscal period (201808), indicating a deficit.
Revenue has declined significantly from $441,549 in 201708 to $310,029 in 201808.
Strengths
Consistently reports 0% officer compensation across all periods, indicating volunteer leadership.
Very low liabilities across all periods (e.g., $2,378 in 201808), suggesting strong financial solvency and minimal debt.
Consistent filing of IRS 990 forms, demonstrating transparency.
Spending Breakdown
How Amvets allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Amvets
Is Amvets a legitimate charity?
Based on AI analysis of IRS 990 filings, Amvets (EIN: 10319962) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is Amvets a good charity to donate to?
Amvets has a Mission Score of 75/100. Revenue: $310K. Assets: $273K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Amvets?
The Employer Identification Number (EIN) for Amvets is 10319962. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Amvets spend its money?
Amvets allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Amvets's tax-exempt status?
You can verify Amvets's tax-exempt status using EIN 10319962 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Amvets, located in Jay, ME, demonstrates a consistent financial pattern over its reported periods. While the organization reported $310,029 in revenue for the 201808 period, its expenses exceeded this at $338,340, indicating a deficit for that year. This contrasts with previous years (201708, 201608) where revenue generally outpaced expenses, suggesting a recent shift in financial performance. The organization's assets have fluctuated, standing at $272,714 in the latest period, with very low liabilities, indicating a healthy balance sheet in terms of debt.
Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent reporting of 0% officer compensation across all periods suggests a volunteer-driven leadership, which can be a positive indicator of resource allocation towards mission-related activities rather than executive salaries. The recent deficit in the 201808 period warrants closer examination to understand if it's a one-off event or a trend.
Transparency appears reasonable given the available data, with consistent IRS 990 filings. The lack of officer compensation is a notable positive for transparency regarding executive pay. However, without a detailed functional expense breakdown, it's challenging to fully evaluate how efficiently funds are being spent across different categories. Further detail on program activities and their associated costs would enhance the understanding of their financial health and impact.