Amvets Dept Of Kentuck Post 126
EIN: 465668405 · Henderson, KY
| Metric | Value |
|---|---|
| Total Revenue | $321K |
| Total Expenses | $126K |
| Net Assets | $-7,670 |
Is Amvets Dept Of Kentuck Post 126 Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Amvets Dept Of Kentuck Post 126
Amvets Dept Of Kentuck Post 126 (EIN: 465668405) is a nonprofit organization based in Henderson, KY. The organization reported total revenue of $321K and total assets of $101K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Amvets Dept Of Kentuck Post 126's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Amvets Dept Of Kentuck Post 126 is a small nonprofit that has been operating for 81 years, with 3 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of -11.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $110K |
| Total Expenses | $126K |
| Surplus / Deficit | $-16,279 |
| Total Assets | $22K |
| Total Liabilities | $29K |
| Net Assets | $-7,670 |
| Operating Margin | -14.8% |
| Debt-to-Asset Ratio | 135.5% |
| Months of Reserves | 2.1 months |
Financial Health Grade: D
In 2023, Amvets Dept Of Kentuck Post 126 reported a deficit of $16K with expenses exceeding revenue, holds 2.1 months of operating reserves (limited), has a debt-to-asset ratio of 135.5% (high leverage).
Financial Trends
Over 3 years of filings (2022–2023), Amvets Dept Of Kentuck Post 126's revenue has declined at a compound annual growth rate (CAGR) of -11.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +173.5% | +367.3% | -60.3% |
| 2022 | -67.5% | -73.5% | +28.8% |
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 Analysis Pending
AI enrichment for Amvets Dept Of Kentuck Post 126 has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Amvets Dept Of Kentuck Post 126 with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $16K, with expenses exceeding revenue.
- Debt-to-asset ratio: 135.5%.
Frequently Asked Questions about Amvets Dept Of Kentuck Post 126
Is Amvets Dept Of Kentuck Post 126 a legitimate charity?
Amvets Dept Of Kentuck Post 126 (EIN: 465668405) is a registered tax-exempt nonprofit based in Kentucky. It has 3 years of IRS 990 filings on record. Total revenue: $321K. No red flags identified. Financial health grade: D.
How does Amvets Dept Of Kentuck Post 126 spend its money?
Amvets Dept Of Kentuck Post 126 reported $321K in total revenue in IRS 990 filings. 3 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Amvets Dept Of Kentuck Post 126 tax-deductible?
Amvets Dept Of Kentuck Post 126 is registered as a tax-exempt nonprofit (EIN: 465668405). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Amvets Dept Of Kentuck Post 126 located?
Amvets Dept Of Kentuck Post 126 is headquartered in Henderson, Kentucky and files with the IRS under EIN 465668405.
How many years of IRS 990 filings does Amvets Dept Of Kentuck Post 126 have?
Amvets Dept Of Kentuck Post 126 has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $321K in total revenue.
Filing History
IRS 990 filing history for Amvets Dept Of Kentuck Post 126 showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2022–2023), Amvets Dept Of Kentuck Post 126's revenue has declined by 11.1%, moving from $123K to $110K. Total assets decreased by 48.9% over the same period, from $42K to $22K. Total functional expenses rose by 24%, from $102K to $126K. In its most recent filing year (2023), Amvets Dept Of Kentuck Post 126 reported a deficit of $16K, with expenses exceeding revenue. The organization holds $29K in liabilities against $22K in assets (debt-to-asset ratio: 135.5%), resulting in net assets of $-7,670.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $110K | $126K | $22K | $29K | — | View 990 |
| 2022 | $40K | $27K | $54K | $33K | — | View 990 |
| 2022 | $123K | $102K | $42K | $34K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $110K, expenses of $126K, and assets of $22K (revenue +173.5% year-over-year).
- 2022: Revenue of $40K, expenses of $27K, and assets of $54K (revenue -67.5% year-over-year).
- 2022: Revenue of $123K, expenses of $102K, and assets of $42K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Amvets Dept Of Kentuck Post 126:
Data Sources and Methodology
This transparency report for Amvets Dept Of Kentuck Post 126 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.