Civic Intelligence

Amvest Post 60 Inc

990 • Fiscal year 2022 • EIN 59-2222839

Jan 01, 2022 to Dec 31, 2022 • Filed on Jun 14, 2023

Organization ProfileN/A
2846 SW Hwy 17Arcadia, FL 34266

(863) 494-6996

Siviq Scores

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

Liabilities / Assets

51st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)19 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

52nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)19 • <$500k nonprofits • Source year 2022

Net Margin

14th percentile

-27%

Higher net margin than 14% of similar nonprofits.

2022 filings • 501(c)19 • <$500k nonprofits • Source year 2022

Top Officer Pay

91st percentile

$0

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • 501(c)19 • <$500k nonprofits • Source year 2022

Asset Growth

26th percentile

-6.7%

Faster asset growth than 26% of similar nonprofits.

2022 filings • 501(c)19 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

26th percentile

-11%

Faster revenue growth than 26% of similar nonprofits.

2022 filings • 501(c)19 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets51st percentile

Assets

Down

$159,516

Down $11,531 (-6.7%) from 2021

Net Assets

Down

$159,516

Down $11,531 (-6.7%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue And Expenses
Liabilities / Revenue52nd percentileNet Margin14th percentile

Revenue

Down

$42,919

Down $5,496 (-11%) from 2021

Expenses

Up

$54,450

Up $16,135 (+42%) from 2021

Net Income

Down

-$11,531

Down $21,631 (-214%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth26th percentile

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

$300K$200K$100K$0Assets 2011: $295,655Liabilities 2011: $190,449Net Assets 2011: $105,2062011Assets 2012: $290,032Liabilities 2012: $151,389Net Assets 2012: $138,6432012Assets 2013: $235,430Liabilities 2013: $125,058Net Assets 2013: $110,3722013Assets 2014: $223,477Liabilities 2014: $1Net Assets 2014: $223,4762014Assets 2015: $217,500Liabilities 2015: $0Net Assets 2015: $217,5002015Assets 2016: $189,288Liabilities 2016: $0Net Assets 2016: $189,2882016Assets 2017: $178,545Liabilities 2017: $0Net Assets 2017: $178,5452017Assets 2018: $172,443Liabilities 2018: $0Net Assets 2018: $172,4432018Assets 2019: $162,422Liabilities 2019: $0Net Assets 2019: $162,4222019Assets 2020: $160,947Liabilities 2020: $0Net Assets 2020: $160,9472020Assets 2021: $171,047Liabilities 2021: $0Net Assets 2021: $171,0472021Assets 2022: $159,516Liabilities 2022: $0Net Assets 2022: $159,5162022

Highlighted filing

2022

Assets$159,516
Liabilities$0
Net Assets$159,516
Open 2022 Filing

Operations Trend

Revenue Growth26th percentile

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

$200K$150K$100K$50K$0-$50KRevenue 2011: $83,844Expenses 2011: $67,266Net Income 2011: $16,5782011Revenue 2012: $87,106Expenses 2012: $53,669Net Income 2012: $33,4372012Revenue 2013: $75,197Expenses 2013: $57,386Net Income 2013: $17,8112013Revenue 2014: $156,124Expenses 2014: $43,020Net Income 2014: $113,1042014Revenue 2015: $64,165Expenses 2015: $70,386Net Income 2015: -$6,2212015Revenue 2016: $26,967Expenses 2016: $55,179Net Income 2016: -$28,2122016Revenue 2017: $36,355Expenses 2017: $47,098Net Income 2017: -$10,7432017Revenue 2018: $30,144Expenses 2018: $35,246Net Income 2018: -$5,1022018Revenue 2019: $25,837Expenses 2019: $36,264Net Income 2019: -$10,4272019Revenue 2020: $31,246Expenses 2020: $32,775Net Income 2020: -$1,5292020Revenue 2021: $48,415Expenses 2021: $38,315Net Income 2021: $10,1002021Revenue 2022: $42,919Expenses 2022: $54,450Net Income 2022: -$11,5312022

Highlighted filing

2022

Revenue$42,919
Expenses$54,450
Net Income-$11,531
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jun 14, 2023
Return Version
2022v5.0
Gross Receipts
$70,879
Mission and Program Overview

Mission

Awareness of veterans needs for daily assistance through transportation to and from the veterans' hospital and other transporation needs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$149,466$143,090▼ $6,376
Cash and Non-Interest-Bearing Accounts$21,581$16,426▼ $5,155
Total Assets$171,047$159,516▼ $11,531
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$171,047$159,516▼ $11,531
Total Net Assets Fund Balance$171,047$159,516▼ $11,531
Total Liabilities and Net Assets / Fund Balance$171,047$159,516▼ $11,531

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$93,590$70,513$164,103
Land$49,500-$49,500
Compensation and Service Providers
Top Officer Pay91st percentile

Board Members and Trustees

NameTitle
Jonathan LincolnDirector
Michael F BrownDirector
Steve RickardDirector
Sherry JohnsonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$16,201
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$26,718
All Other Contributions
$15,103
Change in Net Assets
$-11,531
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$48,356
Grants and Similar Amounts Paid$6,094
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy---$27,166
Insurance---$6,919
Depreciation Depletion---$6,376
Grants to Domestic Orgs---$4,998
Grants to Domestic Individuals---$1,096
Office Expenses---$536
Conferences and Meetings---$479
Fees for Services Accounting---$395
Advertising---$75
Other Expenses---$70
Total Functional Expenses$0$0$0$54,450
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
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

Form 990, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Amvest Post 60 Inc
EIN
59-2222839
Phone
8634946996
Address
2846 SW HWY 17, ARCADIA, FL 34266

Signing Officer

Name
Sherry Johnson
Title
Treasurer
Phone
8634946996
Signed
2023-06-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sherry Johnson
Formed
1980
Legal Domicile
Fl
Voting Board Members
7
Independent Board Members
0
Employees
0

Preparer

Firm
Hackney Ames & Reichel Pa Cpas
Address
PO BOX 1359, ARCADIA, FL 34265-1359
Preparer
Luis a Velasco Ea
Phone
8634946495
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

“Amvets has been proudly serving american veterans for more than half a century. Founded by world war ii veterans, the organization has grown to where, today, its membership enrolls veterans from all erasanyone who has honorably served in the united states armed forces after sept. 15, 1940, to include those on active duty as well as in the reserve components. The purpose and goals of amvets, as spelled out in the organizations 1947 congressional charter, still ring true today. Among these aims are: 1) to preserve for ourselves and our posterity the great and basic truths and enduring principles upon which this nation was founded. 2) to maintain a continuing interest in the welfare and rehabilitation of disabled veterans and to establish facilities for the assistance of all veterans, to represent them in their claims before va and other organizations. 3) to dedicate ourselves to the service and best interests of the community, state and nation to the end that our country shall be and remain forever a strong and free nation. 4) to encourage universal exercise of the voting franchise to the end that there shall be elected and maintained in public office men and women who hold such office as a public trust administered in the best interests of all people. 5) to advocate the development and means by which all americans may become enlightened and informed citizens and this participate fully in the functions of democracy.”

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0AMVETS HAS BEEN PROUDLY SERVING AMERICAN VETERANS FOR MORE THAN HALF A CENTURY. FOUNDED BY WORLD WAR II VETERANS, THE ORGANIZATION HAS GROWN TO WHERE, TODAY, ITS MEMBERSHIP ENROLLS VETERANS FROM ALL ERASANYONE WHO HAS HONORABLY SERVED IN THE UNITED STATES ARMED FORCES AFTER SEPT. 15, 1940, TO INCLUDE THOSE ON ACTIVE DUTY AS WELL AS IN THE RESERVE COMPONENTS. THE PURPOSE AND GOALS OF AMVETS, AS SPELLED OUT IN THE ORGANIZATIONS 1947 CONGRESSIONAL CHARTER, STILL RING TRUE TODAY. AMONG THESE AIMS ARE: 1) TO PRESERVE FOR OURSELVES AND OUR POSTERITY THE GREAT AND BASIC TRUTHS AND ENDURING PRINCIPLES UPON WHICH THIS NATION WAS FOUNDED. 2) TO MAINTAIN A CONTINUING INTEREST IN THE WELFARE AND REHABILITATION OF DISABLED VETERANS AND TO ESTABLISH FACILITIES FOR THE ASSISTANCE OF ALL VETERANS, TO REPRESENT THEM IN THEIR CLAIMS BEFORE VA AND OTHER ORGANIZATIONS. 3) TO DEDICATE OURSELVES TO THE SERVICE AND BEST INTERESTS OF THE COMMUNITY, STATE AND NATION TO THE END THAT OUR COUNTRY SHALL BE AND REMAIN FOREVER A STRONG AND FREE NATION. 4) TO ENCOURAGE UNIVERSAL EXERCISE OF THE VOTING FRANCHISE TO THE END THAT THERE SHALL BE ELECTED AND MAINTAINED IN PUBLIC OFFICE MEN AND WOMEN WHO HOLD SUCH OFFICE AS A PUBLIC TRUST ADMINISTERED IN THE BEST INTERESTS OF ALL PEOPLE. 5) TO ADVOCATE THE DEVELOPMENT AND MEANS BY WHICH ALL AMERICANS MAY BECOME ENLIGHTENED AND INFORMED CITIZENS AND THIS PARTICIPATE FULLY IN THE FUNCTIONS OF DEMOCRACY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS AVAILABLE TO THE PUBLIC
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
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ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LUIS A VELASCO EA
ReturnHeader/ReturnTs02023-06-19T13:03:19-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0SHERRY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0JOHNSON
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$159,516
Liabilities
$0
Net assets
$159,516
Revenue
$42,919
Expenses
$54,450
Net income
-$11,531
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$1.60$0.00$1.60$0.43$0.54$0.12
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.71$0.00$1.71$0.48$0.38$0.10
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.61$0.00$1.61$0.31$0.33$0.02
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.62$0.00$1.62$0.26$0.36$0.10
2018Detailed filing. Detailed filing data is available for this year.$1.72$0.00$1.72$0.30$0.35$0.05
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.79$0.00$1.79$0.36$0.47$0.11
2016Detailed filing. Detailed filing data is available for this year.$1.89$0.00$1.89$0.27$0.55$0.28
2015Detailed filing. Detailed filing data is available for this year.$2.18$0.00$2.18$0.64$0.70$0.06
2014Detailed filing. Detailed filing data is available for this year.$2.23$0.00$2.23$1.56$0.43$1.13
2013Detailed filing. Detailed filing data is available for this year.$2.35$1.25$1.10$0.75$0.57$0.18
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.90$1.51$1.39$0.87$0.54$0.33
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.96$1.90$1.05$0.84$0.67$0.17