Amvets Department of Michigan
Overview
Mission
To enhance and safeguard the entitlements for all american veterans who have served honorably and to improve the quality of life for them, their families and the communities where they live through leadership, advocacy and services.
What it reported doing in 2024
To continue operations use to enhance and safeguard entitlements for american veterans and their families.
Operating model
- Revenue model
- Earned-program. 81% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The nonprofit carried out 100% of its reported program work directly.
Nonprofit profile at a glance
- EIN
- 237074249
- IRS 990 coverage
- 2020–2024
- Forms available
- Form 990 2024
- Headquarters
- Roscommon, MI, USA
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
The verdict
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Revenue has declined or grown slowly and the filing reports that some governance safeguards are missing.
Rating breakdown
- Financial Efficiency: 73
- Transparency & Controls: 100
- Accountability: 70
- Sustainability: 53
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 71.6%; rating input score 72
- Program expense ratio: 75.2%; rating input score 75
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
- Public monitoring controls: Limited
- Public policy transparency: Limited
- Public financial transparency: Limited
- Impact reporting controls: Limited
- Public relationship transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 2 of 7 controls in place; rating input score 29
- Public governance controls: Limited
- Zakat policy transparency: Limited
Sustainability
- Operating margin: 4.8%; rating input score 50; 50th percentile among comparable filings
- Operating reserve ratio: 1.4; rating input score 50; 50th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 54; 54th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: 31.2% per year; rating input score 100; 91st percentile among comparable filings
- Revenue growth: -4.2% per year; rating input score 0; 12th percentile among comparable filings
- Asset growth: 37.5% per year; rating input score 100; 94th percentile among comparable filings
Details
- Where the money goes: 71.6% of revenue deployed · 75.2% of spending went to programs
- Governance: 8 of 8 board members independent · 2 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $95K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 17 of 17 current checks pass
- Schedules: 1 filed schedules
- Filing history: 4 annual filings from 2020 to 2024