American Veterans Heritage Center Inc

Nonprofit profile at a glance

EIN
311745649
IRS 990 coverage
2011–2024
Forms available
Form 990 2024, Form 990-EZ 2016
Location
Dayton, OH, USA
Phone
9372677628
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
History Museums

Reported finances

Revenue
$177,424
Expenses
$127,717
Assets
$294,013
Liabilities
$199

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

18 people listed

Executive titles in this filing

  • DENNIS ADKINS (VICE PRESIDENT)
  • WALTER H RICE (VICE PRESIDENT)
  • WILLIAM DEFRIES (PRESIDENT)
  • KIMBERLY FRISCO (EXEC VICE PRESIDENT)

People named in this filing

  • HARRY SEIFERT (DIRECTOR)
  • DENNIS ADKINS (VICE PRESIDENT)
  • WALTER H RICE (VICE PRESIDENT)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To partner with the department of veterans affairs dayton campus preserving va history to inspire and educate our local region, communities, and nation.

What it reported doing in 2024

The grotto was created in the old quarry where limestone was removed to construct the original buildings on the historic dayton va campus. Originally known as the soldiers' home, it was created in 1865 along with two others milwaukee, wi, and tongas, me to provide a place where soldiers returning from the civil war could rest and heal their mental and physical wounds. The soldiers, at the urging of one of the doctors, created the grotto in the old quarry. It contained beautiful gardens, lakes, and a spectactular arched entry, all designed to provide a peaceful place to reflect and heal. It became a major attraction for the community with events to showcase the beautiful gardens created by the veterans. Over time, neglect and funding allowed the grotto to deteriorate. About 6 years ago, members of our organization and the community began the process of restoring the grotto to its original beauty and tranquility. It is once again a community attraction and a place of healing for our veterans with severe injuries and ptsd. Funds are raised annually to maintain the gardens.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 81
  • Transparency & Controls: 92
  • Accountability: 82
  • Sustainability: 71
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 69.6%; rating input score 70
  • Program expense ratio: 95.8%; rating input score 96
  • Fundraising efficiency: $169.02 raised per $1 spent on fundraising; rating input score 90; 90th percentile among comparable filings

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: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 4 of 7 controls in place; rating input score 57
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 28%; rating input score 81; 81st percentile among comparable filings
  • Total-asset coverage ratio: 2.3; rating input score 63; 63rd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 57; 57th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: 9.1% per year; rating input score 100; 67th percentile among comparable filings
  • Revenue growth: 12.7% per year; rating input score 100; 78th percentile among comparable filings
  • Asset growth: 19% per year; rating input score 100; 83rd percentile among comparable filings

Details

  • Where the money goes: 69.6% of revenue deployed · 95.8% of spending went to programs
  • Governance: 18 of 18 board members independent · 4 of 7 filing controls reported
  • Programs: 4 filed program accomplishments · $122K in reported program spending
  • Leadership: top reported pay $0 · 18 people listed
  • Consistency: 20 of 20 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 10 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Accountability: Governance controls: 2 of 6 not reported.
  • Review — Sustainability: Liabilities to assets ratio scored 57/100.