Raymond E Smith Amvets Post 61
EIN: 610958310 · Louisville, KY
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $145K |
| Net Assets | $467K |
Is Raymond E Smith Amvets Post 61 Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Raymond E Smith Amvets Post 61
Raymond E Smith Amvets Post 61 (EIN: 610958310) is a nonprofit organization based in Louisville, KY. The organization reported total revenue of $1.8M and total assets of $447K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Raymond E Smith Amvets Post 61's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Raymond E Smith Amvets Post 61 is a mid-size nonprofit that has been operating for 81 years, with 6 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 0.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $173K |
| Total Expenses | $145K |
| Surplus / Deficit | +$28K |
| Total Assets | $467K |
| Net Assets | $467K |
| Operating Margin | 16.2% |
| Months of Reserves | 38.7 months |
Financial Health Grade: A
In 2024, Raymond E Smith Amvets Post 61 reported a surplus of $28K with revenue exceeding expenses, holds 38.7 months of operating reserves (strong position).
Financial Trends
Over 6 years of filings (2011–2024), Raymond E Smith Amvets Post 61's revenue has grown at a compound annual growth rate (CAGR) of 0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +9.3% | -31.1% | -0.9% |
| 2023 | +15.3% | +50.1% | +1013.1% |
| 2022 | +34.4% | +69.5% | -6.4% |
| 2021 | -31.9% | -43.2% | +100.0% |
| 2012 | -2.3% | +0.2% | +24.7% |
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 Raymond E Smith Amvets Post 61 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 Raymond E Smith Amvets Post 61 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $28K, with revenue exceeding expenses.
Frequently Asked Questions about Raymond E Smith Amvets Post 61
Is Raymond E Smith Amvets Post 61 a legitimate charity?
Raymond E Smith Amvets Post 61 (EIN: 610958310) is a registered tax-exempt nonprofit based in Kentucky. It has 6 years of IRS 990 filings on record. Total revenue: $1.8M. No red flags identified. Financial health grade: A.
How does Raymond E Smith Amvets Post 61 spend its money?
Raymond E Smith Amvets Post 61 reported $1.8M 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 Raymond E Smith Amvets Post 61 tax-deductible?
Raymond E Smith Amvets Post 61 is registered as a tax-exempt nonprofit (EIN: 610958310). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Raymond E Smith Amvets Post 61 located?
Raymond E Smith Amvets Post 61 is headquartered in Louisville, Kentucky and files with the IRS under EIN 610958310.
How many years of IRS 990 filings does Raymond E Smith Amvets Post 61 have?
Raymond E Smith Amvets Post 61 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 $1.8M in total revenue.
Filing History
IRS 990 filing history for Raymond E Smith Amvets Post 61 showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2024), Raymond E Smith Amvets Post 61's revenue has grown by 12.6%, moving from $154K to $173K. Total assets increased by 2476.3% over the same period, from $18K to $467K. Total functional expenses fell by 0.3%, from $145K to $145K. In its most recent filing year (2024), Raymond E Smith Amvets Post 61 reported a surplus of $28K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $173K | $145K | $467K | $0 | — | View 990 |
| 2023 | $158K | $211K | $471K | $32K | — | View 990 |
| 2022 | $137K | $140K | $42K | $0 | — | View 990 |
| 2021 | $102K | $83K | $45K | $0 | — | View 990 |
| 2012 | $150K | $146K | $23K | $0 | — | View 990 |
| 2011 | $154K | $145K | $18K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $173K, expenses of $145K, and assets of $467K (revenue +9.3% year-over-year).
- 2023: Revenue of $158K, expenses of $211K, and assets of $471K (revenue +15.3% year-over-year).
- 2022: Revenue of $137K, expenses of $140K, and assets of $42K (revenue +34.4% year-over-year).
- 2021: Revenue of $102K, expenses of $83K, and assets of $45K (revenue -31.9% year-over-year).
- 2012: Revenue of $150K, expenses of $146K, and assets of $23K (revenue -2.3% year-over-year).
- 2011: Revenue of $154K, expenses of $145K, and assets of $18K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Raymond E Smith Amvets Post 61:
Data Sources and Methodology
This transparency report for Raymond E Smith Amvets Post 61 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.