Civic Intelligence

Amvets

990 • Fiscal year 2023 • EIN 52-1305171

Jun 01, 2022 to May 31, 2023 • Filed on Jun 28, 2023

26 Apples Church RoadThurmont, MD 21788

(301) 271-3371

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

34th percentile

0.00x

Higher debt load relative to assets than 34% of similar nonprofits.

2023 filings • 501(c)19 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

34th percentile

0.00x

Higher debt load relative to revenue than 34% of similar nonprofits.

2023 filings • 501(c)19 • $1M-$5M nonprofits • Source year 2023

Net Margin

36th percentile

-0.1%

Higher net margin than 36% of similar nonprofits.

2023 filings • 501(c)19 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

83rd percentile

$13,244

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 5.5% of source-year revenue.

2023 filings • 501(c)19 • $1M-$5M nonprofits • Source year 2023

Asset Growth

36th percentile

-0.5%

Faster asset growth than 36% of similar nonprofits.

2023 filings • 501(c)19 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

24th percentile

-13%

Faster revenue growth than 24% of similar nonprofits.

2023 filings • 501(c)19 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Down

$698,382

Down $3,341 (-0.5%) from 2022

Net Assets

Down

$698,038

Down $2,978 (-0.4%) from 2022

Liabilities

Down

$344

Down $363 (-51%) from 2022

Revenue

Down

$239,654

Down $34,875 (-13%) from 2022

Expenses

Up

$239,836

Up $1,266 (+0.5%) from 2022

Net Income

Down

-$182

Down $36,141 (-101%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.0M$500K$0Assets 2012: $770,720Liabilities 2012: $7,075Net Assets 2012: $763,6452012Assets 2013: $738,944Liabilities 2013: $6,551Net Assets 2013: $732,3932013Assets 2014: $708,832Liabilities 2014: $6,955Net Assets 2014: $701,8772014Assets 2015: $718,312Liabilities 2015: $5,987Net Assets 2015: $712,3252015Assets 2016: $722,003Liabilities 2016: $4,743Net Assets 2016: $717,2602016Assets 2017: $711,895Liabilities 2017: $5,968Net Assets 2017: $705,9272017Assets 2018: $664,441Liabilities 2018: $6,875Net Assets 2018: $657,5662018Assets 2019: $658,937Liabilities 2019: $677Net Assets 2019: $658,2602019Assets 2020: $670,177Liabilities 2020: $1,042Net Assets 2020: $669,1352020Assets 2021: $665,002Liabilities 2021: $707Net Assets 2021: $664,2952021Assets 2022: $701,723Liabilities 2022: $707Net Assets 2022: $701,0162022Assets 2023: $698,382Liabilities 2023: $344Net Assets 2023: $698,0382023Assets 2024: $807,778Liabilities 2024: $700Net Assets 2024: $807,0782024Assets 2025: $821,840Liabilities 2025: $700Net Assets 2025: $821,1402025

Highlighted filing

2023

Assets$698,382
Liabilities$344
Net Assets$698,038

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$300K$200K$100K$0-$100KRevenue 2012: $301,260Expenses 2012: $287,850Net Income 2012: $13,4102012Revenue 2013: $283,785Expenses 2013: $315,037Net Income 2013: -$31,2522013Revenue 2014: $235,175Expenses 2014: $278,214Net Income 2014: -$43,0392014Revenue 2015: $266,956Expenses 2015: $283,572Net Income 2015: -$16,6162015Revenue 2016: $301,749Expenses 2016: $296,100Net Income 2016: $5,6492016Revenue 2017: $301,284Expenses 2017: $310,814Net Income 2017: -$9,5302017Revenue 2018: $304,094Expenses 2018: $303,864Net Income 2018: $2302018Revenue 2019: $285,882Expenses 2019: $286,458Net Income 2019: -$5762019Revenue 2020: $235,588Expenses 2020: $222,463Net Income 2020: $13,1252020Revenue 2021: $213,306Expenses 2021: $215,415Net Income 2021: -$2,1092021Revenue 2022: $274,529Expenses 2022: $238,570Net Income 2022: $35,9592022Revenue 2023: $239,654Expenses 2023: $239,836Net Income 2023: -$1822023Revenue 2024: $278,725Expenses 2024: $169,685Net Income 2024: $109,0402024Revenue 2025: $258,696Expenses 2025: $244,634Net Income 2025: $14,0622025

Highlighted filing

2023

Revenue$239,654
Expenses$239,836
Net Income-$182
Jump To
Filing Snapshot
Filing Period
Jun 1, 2022 to May 31, 2023
Signed
Jun 28, 2023
Return Version
2022v5.0
Gross Receipts
$1,793,878
Mission and Program Overview

Mission

Member activities for veterans

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$139,997$216,144▲ $76,147
Cash and Non-Interest-Bearing Accounts$217,426$121,141▼ $96,285
Inventories for Sale or Use$25,935$31,243▲ $5,308
Prepaid Expenses and Deferred Charges$1,411$0▼ $1,411
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$701,723$698,382▼ $3,341
Other Assets Total$316,954$329,854▲ $12,900
Liabilities
Accounts Payable and Accrued Expenses$707$344▼ $363
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$707$344▼ $363
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$701,016$698,038▼ $2,978
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$701,016$698,038▼ $2,978
Total Liabilities and Net Assets / Fund Balance$701,723$698,382▼ $3,341

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$128,998$798,067$927,065
Land$84,792-$84,792
Equipment$2,354$29,207$31,561
Leasehold Improvements$0$0$0
Other Assets Org$329,854--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Mike MahoneySecretaryPT$13,244$13,244
Ed MckinnonAsst DirectorPT$5,163$5,163
Bruce RiceTreasurerPT$5,120$5,120

Board Members and Trustees

NameTitle
Steve LawarencePresident
Dave Becker1st Vice President
Joe Rice2nd Vice President
Lee WeberDirector
Les WoodDirector
Donnie MckinnonAsst Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$7,615
Program Service Revenue
$0
Investment Income
$12,908
Other Revenue
$219,131
All Other Contributions
$4,774
Change in Net Assets
$-182
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$137,660
Other Expenses$99,076
Grants and Similar Amounts Paid$3,100
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$0$0$0$102,889
Current Officers, Directors, Trustees, and Key Employees$0$0$0$25,620
Depreciation Depletion$0$0$0$11,083
Insurance$0$0$0$10,639
Payroll Taxes$0$0$0$9,151
Other Expenses$0$0$0$3,966
Office Expenses$0$0$0$3,789
Fees for Services Other$0$0$0$3,039
Grants to Domestic Orgs$0--$2,100
All Other Expenses$0$0$0$1,123
Grants to Domestic Individuals$0--$1,000
Advertising$0$0$0$150
Total Functional Expenses$0$0$0$239,836
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$1,474,402
Gaming Direct Expenses$1,297,468
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI, Line 11B

The form 990 is reviewed by the appropriate internal staff before it is sent to our board members for review. The board has an opportunity to make any comments changes before the return is filed.

Part VI, Line 19

Due to its size the organization currently does not have a board approved conflict of interest policy; whistleblower policy; document retention and destruction policy ; and or joint venture policy. The absence of any of these policies does not in any way impact the organization from accomplishing its tax exempt mission. Although the organization does not have the above mentioned written board approved policies it does have practices and procedures in place to ensure good governance and tax compliance. Annually the organization considers the need to adopt these policies.

Filing and Contact Details

Filer

Filer Name
Amvets
EIN
52-1305171
In Care Of
% STEVE LAWRENCE
Phone
3012713371
Address
26 APPLES CHURCH ROAD, Thurmont, MD 21788
Doing Business As
Thurmont Amvets Post 7 Inc

Signing Officer

Name
Bruce Rice
Title
Treasurer
Signed
2023-06-28

Organization Details

Principal Officer
Steve Lawrence
Formed
1983
Legal Domicile
Md
Voting Board Members
9
Independent Board Members
6
Employees
14
Volunteers
0
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt00
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IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt00
IRS990/InsuranceGrp/ProgramServicesAmt00
IRS990/InsuranceGrp/TotalAmt010639
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/FundraisingAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt00
IRS990/InterestGrp/ProgramServicesAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt025935
IRS990/InventoriesForSaleOrUseGrp/EOYAmt031243
IRS990/InvestmentExpenseAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt012908
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt012908
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0827273
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0139997
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0216144
IRS990/LandBldgEquipCostOrOtherBssAmt01043417
IRS990/LegalDomicileStateCd0MD
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt00
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
IRS990/LessRentalExpensesGrp/PersonalAmt00
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd0false
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt02841
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MiscellaneousRevenueGrp/ExclusionAmt00
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt00
IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/MissionDesc0MEMBER ACTIVITIES FOR VETERANS
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt0701016
IRS990/NetAssetsOrFundBalancesEOYAmt0698038
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt00
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncomeFromGamingGrp/ExclusionAmt00
IRS990/NetIncomeFromGamingGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt0176934
IRS990/NetIncomeFromGamingGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncomeOrLossGrp/ExclusionAmt00
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt026567
IRS990/NetIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt00
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt015600
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0701016
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0698038
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd0true
IRS990/NondeductibleContriDisclInd0true
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt00
IRS990/OccupancyGrp/ProgramServicesAmt00
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt00
IRS990/OfficeExpensesGrp/ProgramServicesAmt00
IRS990/OfficeExpensesGrp/TotalAmt03789
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0316954
IRS990/OtherAssetsTotalGrp/EOYAmt0329854
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Repairs & Maintenance
IRS990/OtherExpensesGrp/Desc1Utilities & Taxes
IRS990/OtherExpensesGrp/Desc2Bank fees and bad debt
IRS990/OtherExpensesGrp/Desc3Dues & subscriptions
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt00
IRS990/OtherExpensesGrp/ProgramServicesAmt10
IRS990/OtherExpensesGrp/ProgramServicesAmt20
IRS990/OtherExpensesGrp/ProgramServicesAmt30
IRS990/OtherExpensesGrp/TotalAmt024056
IRS990/OtherExpensesGrp/TotalAmt140025
IRS990/OtherExpensesGrp/TotalAmt21206
IRS990/OtherExpensesGrp/TotalAmt33966
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherOrganizationDsc0EXEMPT ORGANIZATION
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0Other
IRS990/OtherRevenueMiscGrp/ExclusionAmt030
IRS990/OtherRevenueMiscGrp/ExclusionAmt10
IRS990/OtherRevenueMiscGrp/ExclusionAmt20
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt10
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt20
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt030
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt10
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt20
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt00
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt10
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt20
IRS990/OtherRevenueTotalAmt030
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt0102889
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/FundraisingAmt00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/FundraisingAmt00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$8.22$0.01$8.21$2.59$2.45$0.14
2024Detailed filing. Detailed filing data is available for this year.$8.08$0.01$8.07$2.79$1.70$1.09
2023Detailed filing. Detailed filing data is available for this year.$6.98$0.00$6.98$2.40$2.40$0.00
2022Detailed filing. Detailed filing data is available for this year.$7.02$0.01$7.01$2.75$2.39$0.36
2021Detailed filing. Detailed filing data is available for this year.$6.65$0.01$6.64$2.13$2.15$0.02
2020Summary only. Only limited summary data is available for this year.$6.70$0.01$6.69$2.36$2.22$0.13
2019Summary only. Only limited summary data is available for this year.$6.59$0.01$6.58$2.86$2.86$0.01
2018Summary only. Only limited summary data is available for this year.$6.64$0.07$6.58$3.04$3.04$0.00
2017Summary only. Only limited summary data is available for this year.$7.12$0.06$7.06$3.01$3.11$0.10
2016Summary only. Only limited summary data is available for this year.$7.22$0.05$7.17$3.02$2.96$0.06
2015Summary only. Only limited summary data is available for this year.$7.18$0.06$7.12$2.67$2.84$0.17
2014Summary only. Only limited summary data is available for this year.$7.09$0.07$7.02$2.35$2.78$0.43
2013Summary only. Only limited summary data is available for this year.$7.39$0.07$7.32$2.84$3.15$0.31
2012Summary only. Only limited summary data is available for this year.$7.71$0.07$7.64$3.01$2.88$0.13