Amvets Post 126

Nonprofit profile at a glance

EIN
465668405
IRS 990 coverage
2021–2024
Forms available
Form 990 2024, Form 990-N 2016
Location
Henderson, KY, USA
Phone
2708264631
Rating
43
Verdict
MIXED
Rating confidence
Moderate

Reported finances

Revenue
$188,947
Expenses
$106,932
Assets
$101,028
Liabilities
$26,208

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

Leadership & pay

6 people listed

Executive titles in this filing

  • MIKE BUTLER (1ST VICE PRESIDENT)
  • DAVID MELTON (2ND VICE PRESIDENT)
  • EDWARD N FERRELL (3RD VICE PRESIDENT)

People named in this filing

  • MILFORD ALLEE (COMMANDER)
  • THOMAS R PRESSLEY (ADJUTANT)
  • JIMMIE RIGGS (FINANCIAL OFFICER)

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

Amvets goal is to assist veteransadjust to civilian life through community activitiesrecreation bar and charitable gaming

What it reported doing in 2024

Amvets post 126 provides gaming to the veterans of the armed forces of USA as well as a bar for the purpose of helping veterans adjust to civilian life

Operating model

Revenue model
Other-operating. 100% of the money available for current operations came from other operating revenue.
Distribution model
Direct operator. The filing allocates 93% 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

MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 11
  • Transparency & Controls: 90
  • Accountability: 18
  • Sustainability: 63
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 10.8%; rating input score 11
  • Program expense ratio: 15.1%; rating input score 15
  • 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

Accountability

  • Independent voting board: 0%; rating input score 0; 7th percentile among comparable filings
  • Governance controls: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Fail
    • 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: 43.4%; rating input score 89; 89th percentile among comparable filings
  • Total-asset coverage ratio: 0.94; rating input score 39; 39th percentile among comparable filings
  • Liabilities to assets ratio: 0.26; rating input score 17; 17th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: 15.2% per year; rating input score 100; 79th percentile among comparable filings
  • Revenue growth: 19.4% per year; rating input score 100; 87th percentile among comparable filings
  • Asset growth: 38.7% per year; rating input score 100; 94th percentile among comparable filings

Details

  • Where the money goes: 10.8% of revenue deployed · 15.1% of spending went to programs
  • Governance: 0 of 82 board members independent · 3 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $16K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 21 of 21 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 4 filing years from 2021 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.

  • High — Financial Efficiency: Mission deployment rate scored 11/100.
  • High — Financial Efficiency: Program expense ratio scored 15/100.
  • High — Accountability: Independent voting board scored 0/100.
  • Moderate — Accountability: Governance controls: 3 of 6 not reported.
  • Moderate — Sustainability: Total-asset coverage ratio scored 39/100.
  • High — Sustainability: Liabilities to assets ratio scored 17/100.