American Military Family Inc
American Military Family Inc shows consistent revenue growth and zero executive compensation, but frequently operates with expenses exceeding revenue.
EIN: 202123864 · Firestone, CO · NTEE: W30 · Updated: 2026-03-28
Is American Military Family Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
American Military Family Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About American Military Family Inc
American Military Family Inc (EIN: 202123864) is a nonprofit organization based in Firestone, CO, classified under NTEE code W30. The organization reported total revenue of $495K and total assets of $547K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of American Military Family Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
American Military Family Inc is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $357K |
| Total Expenses | $360K |
| Surplus / Deficit | $-2,782 |
| Total Assets | $499K |
| Total Liabilities | $230K |
| Net Assets | $269K |
| Operating Margin | -0.8% |
| Debt-to-Asset Ratio | 46.1% |
| Months of Reserves | 16.7 months |
Financial Health Grade: B
In 2023, American Military Family Inc reported a deficit of $3K with expenses exceeding revenue, holds 16.7 months of operating reserves (strong position), has a debt-to-asset ratio of 46.1% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), American Military Family Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -19.2% | -3.6% | -1.1% |
| 2022 | +22.5% | +20.2% | +14.8% |
| 2021 | +56.2% | +18.1% | +11.6% |
| 2020 | -5.3% | -3.4% | -8.2% |
| 2019 | -9.4% | +35.4% | +99.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates American Military Family Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, American Military Family Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $3K, with expenses exceeding revenue.
- Debt-to-asset ratio: 46.1%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that the organization's leadership is either volunteer-based or compensated through other means not classified as officer compensation, which is highly favorable for directing funds to its mission.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of American Military Family Inc's IRS 990 filings:
- Frequent periods where expenses exceed revenue, such as in 2023 ($359,762 expenses vs. $356,980 revenue) and 2020 ($263,048 expenses vs. $231,013 revenue), which could impact long-term financial stability.
- Significant increase in liabilities from minimal levels in 2018 ($2,434) to $230,040 in 2023, warranting scrutiny into the nature and management of these obligations.
Strengths
The following positive indicators were identified for American Military Family Inc:
- Consistent 0% officer compensation across all filings, indicating high efficiency and dedication of funds to the mission.
- Strong growth in revenue, from $134,456 in 2015 to $356,980 in 2023, demonstrating increasing capacity and donor support.
- Substantial asset growth, from $29,750 in 2015 to $499,411 in 2023, indicating effective asset accumulation.
- Long filing history (13 filings), suggesting established operations and consistent compliance.
Frequently Asked Questions about American Military Family Inc
Is American Military Family Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, American Military Family Inc (EIN: 202123864) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does American Military Family Inc spend its money?
American Military Family Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to American Military Family Inc tax-deductible?
American Military Family Inc is registered as a tax-exempt nonprofit (EIN: 202123864). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is American Military Family Inc a good charity?
Based on the available data, American Military Family Inc appears to be a good charity, particularly due to its consistent 0% officer compensation, indicating a strong commitment to its mission and efficient use of donor funds at the executive level. Its revenue and asset growth also suggest a growing capacity to serve its beneficiaries.
How has the organization's financial health changed over time?
The organization has shown significant growth in revenue and assets over the past decade, with revenue increasing from $134,456 in 2015 to $356,980 in 2023, and assets growing from $29,750 to $499,411 in the same period. However, liabilities have also increased substantially, from minimal levels to $230,040 in 2023.
What is the trend in expenses versus revenue?
American Military Family Inc has frequently reported expenses exceeding revenue, such as in 2023 ($359,762 expenses vs. $356,980 revenue) and 2020 ($263,048 expenses vs. $231,013 revenue). While not always a large deficit, this trend suggests a need for careful financial planning to ensure long-term sustainability and build reserves.
What is the significance of 0% officer compensation?
The consistent reporting of 0% officer compensation is a strong positive indicator, suggesting that the organization's top leadership is not drawing a salary from the charity. This maximizes the proportion of donor funds that can be allocated directly to program services, demonstrating high efficiency and a strong mission focus.
Filing History
IRS 990 filing history for American Military Family Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), American Military Family Inc's revenue has grown by 237.7%, moving from $106K to $357K. Total assets increased by 1893.6% over the same period, from $25K to $499K. Total functional expenses rose by 211.7%, from $115K to $360K. In its most recent filing year (2023), American Military Family Inc reported a deficit of $3K, with expenses exceeding revenue. The organization holds $230K in liabilities against $499K in assets (debt-to-asset ratio: 46.1%), resulting in net assets of $269K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $357K | $360K | $499K | $230K | — | View 990 |
| 2022 | $442K | $373K | $505K | $234K | — | View 990 |
| 2021 | $361K | $311K | $440K | $237K | — | View 990 |
| 2020 | $231K | $263K | $394K | $242K | — | View 990 |
| 2019 | $244K | $272K | $430K | $245K | — | View 990 |
| 2018 | $269K | $201K | $215K | $2K | — | View 990 |
| 2017 | $286K | $195K | $147K | $3K | — | View 990 |
| 2016 | $213K | $189K | $54K | $650 | — | View 990 |
| 2015 | $134K | $149K | $30K | $650 | — | View 990 |
| 2014 | $161K | $159K | $45K | $629 | — | View 990 |
| 2013 | $147K | $150K | $44K | $2K | — | View 990 |
| 2012 | $190K | $169K | $42K | $3K | — | View 990 |
| 2011 | $106K | $115K | $25K | $7K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $357K, expenses of $360K, and assets of $499K (revenue -19.2% year-over-year).
- 2022: Revenue of $442K, expenses of $373K, and assets of $505K (revenue +22.5% year-over-year).
- 2021: Revenue of $361K, expenses of $311K, and assets of $440K (revenue +56.2% year-over-year).
- 2020: Revenue of $231K, expenses of $263K, and assets of $394K (revenue -5.3% year-over-year).
- 2019: Revenue of $244K, expenses of $272K, and assets of $430K (revenue -9.4% year-over-year).
- 2018: Revenue of $269K, expenses of $201K, and assets of $215K (revenue -5.7% year-over-year).
- 2017: Revenue of $286K, expenses of $195K, and assets of $147K (revenue +33.8% year-over-year).
- 2016: Revenue of $213K, expenses of $189K, and assets of $54K (revenue +58.7% year-over-year).
- 2015: Revenue of $134K, expenses of $149K, and assets of $30K (revenue -16.6% year-over-year).
- 2014: Revenue of $161K, expenses of $159K, and assets of $45K (revenue +10.0% year-over-year).
- 2013: Revenue of $147K, expenses of $150K, and assets of $44K (revenue -22.7% year-over-year).
- 2012: Revenue of $190K, expenses of $169K, and assets of $42K (revenue +79.6% year-over-year).
- 2011: Revenue of $106K, expenses of $115K, and assets of $25K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for American Military Family Inc:
Data Sources and Methodology
This transparency report for American Military Family Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.