Amvets
Amvets maintains stable assets and significantly reduced liabilities despite recent operating deficit.
EIN: 15145247 · Mokane, MO · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $384K |
| Total Expenses | $177K |
| Program Spending | 80% |
| Net Assets | $205K |
| Transparency Score | 85/100 |
Is Amvets Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Amvets directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Amvets
Amvets (EIN: 15145247) is a nonprofit organization based in Mokane, MO. The organization reported total revenue of $384K and total assets of $199K 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 72 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $149K |
| Total Expenses | $177K |
| Surplus / Deficit | $-28,351 |
| Total Assets | $211K |
| Total Liabilities | $5K |
| Net Assets | $205K |
| Operating Margin | -19.0% |
| Debt-to-Asset Ratio | 2.5% |
| Months of Reserves | 14.3 months |
Financial Health Grade: B
In 2023, Amvets reported a deficit of $28K with expenses exceeding revenue, holds 14.3 months of operating reserves (strong position), has a debt-to-asset ratio of 2.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Amvets's revenue has grown at a compound annual growth rate (CAGR) of 4.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -26.7% | +19.0% | -12.0% |
| 2022 | -0.1% | +19.3% | -4.0% |
| 2021 | +64.9% | +17.6% | +12.8% |
| 2020 | -9.3% | -0.3% | +4.5% |
| 2019 | +7.2% | +6.8% | +31.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1954 |
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 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Amvets allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $28K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.5%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization of its size and suggests a volunteer-led leadership structure.
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:
- Operating deficit in the most recent fiscal period (202306), with expenses exceeding revenue by $28,351.
Strengths
The following positive indicators were identified for Amvets:
- Consistent reporting of 0% officer compensation across all filings, suggesting volunteer leadership.
- Significant reduction in liabilities from $127,183 in 201906 to $5,337 in 202306.
- Stable asset base, consistently around $200,000 in recent years, providing financial resilience.
- Long history of IRS 990 filings (13 periods), indicating transparency and compliance.
Frequently Asked Questions about Amvets
Is Amvets a legitimate charity?
Based on AI analysis of IRS 990 filings, Amvets (EIN: 15145247) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Amvets spend its money?
Amvets directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Amvets tax-deductible?
Amvets is registered as a tax-exempt nonprofit (EIN: 15145247). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Amvets's spending goes to programs?
Amvets directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Amvets located?
Amvets is headquartered in Mokane, Missouri and files with the IRS under EIN 15145247.
How many years of IRS 990 filings does Amvets have?
Amvets has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $384K in total revenue.
Is Amvets financially stable?
Yes, Amvets appears financially stable. While there was an operating deficit in 202306 ($148,857 revenue vs. $177,208 expenses), this is offset by a strong asset base of $210,554 and a significant reduction in liabilities to just $5,337, indicating good financial management.
How does Amvets manage its liabilities?
Amvets has demonstrated excellent management of its liabilities, reducing them dramatically from a high of $127,183 in 201906 to a mere $5,337 in the latest 202306 filing, which is a strong indicator of financial health.
What is the trend in Amvets' revenue and expenses?
Amvets' revenue and expenses have fluctuated over the years. Revenue peaked at $203,230 in 202106 and $203,075 in 202206, while expenses have generally increased, reaching $177,208 in 202306, leading to a deficit in the most recent period after several years of surpluses.
Filing History
IRS 990 filing history for Amvets showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Amvets's revenue has grown by 71.8%, moving from $87K to $149K. Total assets increased by 166.7% over the same period, from $79K to $211K. Total functional expenses rose by 133.4%, from $76K to $177K. In its most recent filing year (2023), Amvets reported a deficit of $28K, with expenses exceeding revenue. The organization holds $5K in liabilities against $211K in assets (debt-to-asset ratio: 2.5%), resulting in net assets of $205K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $149K | $177K | $211K | $5K | — | View 990 |
| 2022 | $203K | $149K | $239K | $6K | — | View 990 |
| 2021 | $203K | $125K | $249K | $70K | — | — |
| 2020 | $123K | $106K | $221K | $120K | — | View 990 |
| 2019 | $136K | $106K | $211K | $127K | — | View 990 |
| 2018 | $127K | $100K | $161K | $107K | — | View 990 |
| 2017 | $83K | $83K | $135K | $107K | — | View 990 |
| 2016 | $73K | $81K | $76K | $49K | — | View 990 |
| 2015 | $84K | $82K | $87K | $52K | — | View 990 |
| 2014 | $87K | $79K | $87K | $55K | — | View 990 |
| 2013 | $80K | $80K | $84K | $60K | — | View 990 |
| 2012 | $80K | $80K | $88K | $64K | — | View 990 |
| 2011 | $87K | $76K | $79K | $55K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $149K, expenses of $177K, and assets of $211K (revenue -26.7% year-over-year).
- 2022: Revenue of $203K, expenses of $149K, and assets of $239K (revenue -0.1% year-over-year).
- 2021: Revenue of $203K, expenses of $125K, and assets of $249K (revenue +64.9% year-over-year).
- 2020: Revenue of $123K, expenses of $106K, and assets of $221K (revenue -9.3% year-over-year).
- 2019: Revenue of $136K, expenses of $106K, and assets of $211K (revenue +7.2% year-over-year).
- 2018: Revenue of $127K, expenses of $100K, and assets of $161K (revenue +52.4% year-over-year).
- 2017: Revenue of $83K, expenses of $83K, and assets of $135K (revenue +13.6% year-over-year).
- 2016: Revenue of $73K, expenses of $81K, and assets of $76K (revenue -13.4% year-over-year).
- 2015: Revenue of $84K, expenses of $82K, and assets of $87K (revenue -3.3% year-over-year).
- 2014: Revenue of $87K, expenses of $79K, and assets of $87K (revenue +9.3% year-over-year).
- 2013: Revenue of $80K, expenses of $80K, and assets of $84K (revenue -0.7% year-over-year).
- 2012: Revenue of $80K, expenses of $80K, and assets of $88K (revenue -7.1% year-over-year).
- 2011: Revenue of $87K, expenses of $76K, and assets of $79K.
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.