Daniel Boone Post No 1 Amvets Incorporated
EIN: 610520519 · Louisville, KY · NTEE: W30
| Metric | Value |
|---|---|
| Total Revenue | $116K |
| Total Expenses | $10K |
| Net Assets | $133K |
Is Daniel Boone Post No 1 Amvets Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Daniel Boone Post No 1 Amvets Incorporated
Daniel Boone Post No 1 Amvets Incorporated (EIN: 610520519) is a nonprofit organization based in Louisville, KY, classified under NTEE code W30. The organization reported total revenue of $116K and total assets of $155K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Daniel Boone Post No 1 Amvets Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Daniel Boone Post No 1 Amvets Incorporated is a small nonprofit that has been operating for 7 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 3.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $96K |
| Total Expenses | $10K |
| Surplus / Deficit | +$87K |
| Total Assets | $140K |
| Total Liabilities | $7K |
| Net Assets | $133K |
| Operating Margin | 89.9% |
| Debt-to-Asset Ratio | 5.0% |
| Months of Reserves | 173.4 months |
Financial Health Grade: A
In 2023, Daniel Boone Post No 1 Amvets Incorporated reported a surplus of $87K with revenue exceeding expenses, holds 173.4 months of operating reserves (strong position), has a debt-to-asset ratio of 5.0% (very low leverage).
Financial Trends
Over 6 years of filings (2018–2023), Daniel Boone Post No 1 Amvets Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 3.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +73.7% | +24.8% | +163.6% |
| 2022 | +12.8% | -2.7% | -43.3% |
| 2021 | +46.5% | -74.3% | +101.8% |
| 2020 | -41.4% | -38.7% | +5.7% |
| 2019 | -30.5% | +26.4% | +17.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Daniel Boone Post No 1 Amvets Incorporated 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 Daniel Boone Post No 1 Amvets Incorporated 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 surplus of $87K, with revenue exceeding expenses.
- Debt-to-asset ratio: 5.0%.
Frequently Asked Questions about Daniel Boone Post No 1 Amvets Incorporated
Is Daniel Boone Post No 1 Amvets Incorporated a legitimate charity?
Daniel Boone Post No 1 Amvets Incorporated (EIN: 610520519) is a registered tax-exempt nonprofit based in Kentucky. It has 6 years of IRS 990 filings on record. Total revenue: $116K. No red flags identified. Financial health grade: A.
How does Daniel Boone Post No 1 Amvets Incorporated spend its money?
Daniel Boone Post No 1 Amvets Incorporated reported $116K in total revenue in IRS 990 filings. 6 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Daniel Boone Post No 1 Amvets Incorporated tax-deductible?
Daniel Boone Post No 1 Amvets Incorporated is registered as a tax-exempt nonprofit (EIN: 610520519). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Daniel Boone Post No 1 Amvets Incorporated located?
Daniel Boone Post No 1 Amvets Incorporated is headquartered in Louisville, Kentucky and files with the IRS under EIN 610520519. It is classified under NTEE code W30.
How many years of IRS 990 filings does Daniel Boone Post No 1 Amvets Incorporated have?
Daniel Boone Post No 1 Amvets Incorporated has 6 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 $116K in total revenue.
Filing History
IRS 990 filing history for Daniel Boone Post No 1 Amvets Incorporated showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Daniel Boone Post No 1 Amvets Incorporated's revenue has grown by 16.9%, moving from $82K to $96K. Total assets increased by 276.2% over the same period, from $37K to $140K. Total functional expenses fell by 75.8%, from $40K to $10K. In its most recent filing year (2023), Daniel Boone Post No 1 Amvets Incorporated reported a surplus of $87K, with revenue exceeding expenses. The organization holds $7K in liabilities against $140K in assets (debt-to-asset ratio: 5.0%), resulting in net assets of $133K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $96K | $10K | $140K | $7K | — | — |
| 2022 | $55K | $8K | $53K | $7K | — | View 990 |
| 2021 | $49K | $8K | $94K | $7K | — | — |
| 2020 | $34K | $31K | $46K | $7K | — | — |
| 2019 | $57K | $51K | $44K | $7K | — | — |
| 2018 | $82K | $40K | $37K | $7K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $96K, expenses of $10K, and assets of $140K (revenue +73.7% year-over-year).
- 2022: Revenue of $55K, expenses of $8K, and assets of $53K (revenue +12.8% year-over-year).
- 2021: Revenue of $49K, expenses of $8K, and assets of $94K (revenue +46.5% year-over-year).
- 2020: Revenue of $34K, expenses of $31K, and assets of $46K (revenue -41.4% year-over-year).
- 2019: Revenue of $57K, expenses of $51K, and assets of $44K (revenue -30.5% year-over-year).
- 2018: Revenue of $82K, expenses of $40K, and assets of $37K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Daniel Boone Post No 1 Amvets Incorporated:
Data Sources and Methodology
This transparency report for Daniel Boone Post No 1 Amvets Incorporated 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.