Amvets
Amvets reports zero expenses for multiple years, raising transparency concerns despite recent activity.
EIN: 141998695 · Cheyenne, WY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $278K |
| Net Assets | $116K |
| Transparency Score | 20/100 |
Is Amvets Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Amvets
Amvets (EIN: 141998695) is a nonprofit organization based in Cheyenne, WY. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Amvets's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Amvets is a small nonprofit that has been operating for 81 years, with 7 years of IRS 990 filings on record (2010–2018). Revenue has grown at a compound annual rate of 38.0%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $281K |
| Total Expenses | $278K |
| Surplus / Deficit | +$3K |
| Total Assets | $135K |
| Total Liabilities | $19K |
| Net Assets | $116K |
| Operating Margin | 0.9% |
| Debt-to-Asset Ratio | 14.2% |
| Months of Reserves | 5.8 months |
Financial Health Grade: A
In 2018, Amvets reported a surplus of $3K with revenue exceeding expenses, holds 5.8 months of operating reserves (adequate), has a debt-to-asset ratio of 14.2% (very low leverage).
Financial Trends
Over 7 years of filings (2010–2018), Amvets's revenue has grown at a compound annual growth rate (CAGR) of 38.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | +71.1% | +223.2% | +7.8% |
| 2017 | +92.6% | — | -0.1% |
| 2014 | -34.4% | — | -26.3% |
| 2013 | +10.2% | — | +7.6% |
| 2012 | +57.7% | — | +37.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1945 |
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 Amvets with a Mission Score of 20 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Amvets allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3K, with revenue exceeding expenses.
- Debt-to-asset ratio: 14.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is positive for an organization of its size.
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 Amvets's IRS 990 filings:
- Multiple years with $0 reported expenses (2011-2014) despite reported revenue.
- Inconsistent financial reporting over time.
- Lack of detailed expense breakdown in filings, making program efficiency assessment impossible.
Strengths
The following positive indicators were identified for Amvets:
- No reported officer compensation across all filings.
Frequently Asked Questions about Amvets
Is Amvets a legitimate charity?
Based on AI analysis of IRS 990 filings, Amvets (EIN: 141998695) significant concerns. Mission Score: 20/100. 3 red flags identified, 1 strength noted.
How does Amvets spend its money?
Detailed spending breakdown data is not yet available for Amvets. Check back for updated IRS 990 analysis.
Are donations to Amvets tax-deductible?
Amvets is registered as a tax-exempt nonprofit (EIN: 141998695). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Amvets located?
Amvets is headquartered in Cheyenne, Wyoming and files with the IRS under EIN 141998695.
How many years of IRS 990 filings does Amvets have?
Amvets has 7 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Why did Amvets report $0 in expenses for multiple years (2011-2014)?
The IRS 990 filings for Amvets from 2011 through 2014 consistently show $0 in reported expenses, despite reporting revenue during those periods. This is highly unusual and suggests either a significant reporting error, a lack of operational activity, or a failure to accurately disclose financial outflows.
Is Amvets financially transparent?
Based on the inconsistent reporting, particularly the multi-year periods with $0 expenses, Amvets demonstrates low financial transparency. It is difficult to ascertain how funds were utilized or if the organization was actively operating during those years.
How does Amvets utilize its revenue?
Due to the lack of detailed expense breakdowns, especially the periods with $0 reported expenses, it is impossible to determine how Amvets utilizes its revenue. The filings do not provide sufficient information to assess program spending, administrative costs, or fundraising efforts.
Filing History
IRS 990 filing history for Amvets showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2010–2018), Amvets's revenue has grown by 1217.2%, moving from $21K to $281K. Total assets increased by 226.4% over the same period, from $41K to $135K. In its most recent filing year (2018), Amvets reported a surplus of $3K, with revenue exceeding expenses. The organization holds $19K in liabilities against $135K in assets (debt-to-asset ratio: 14.2%), resulting in net assets of $116K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $281K | $278K | $135K | $19K | — | View 990 |
| 2017 | $164K | $86K | $125K | $12K | — | View 990 |
| 2014 | $85K | $0 | $125K | $21K | — | View 990 |
| 2013 | $130K | $0 | $170K | $25K | — | View 990 |
| 2012 | $118K | $0 | $158K | $25K | — | View 990 |
| 2011 | $75K | $0 | $115K | $39K | — | View 990 |
| 2010 | $21K | $0 | $41K | $48K | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $281K, expenses of $278K, and assets of $135K (revenue +71.1% year-over-year).
- 2017: Revenue of $164K, expenses of $86K, and assets of $125K (revenue +92.6% year-over-year).
- 2014: Revenue of $85K, expenses of $0, and assets of $125K (revenue -34.4% year-over-year).
- 2013: Revenue of $130K, expenses of $0, and assets of $170K (revenue +10.2% year-over-year).
- 2012: Revenue of $118K, expenses of $0, and assets of $158K (revenue +57.7% year-over-year).
- 2011: Revenue of $75K, expenses of $0, and assets of $115K (revenue +250.4% year-over-year).
- 2010: Revenue of $21K, expenses of $0, and assets of $41K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Amvets:
Data Sources and Methodology
This transparency report for Amvets 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.