Amvets Post #5 EIN 54-1679363 Form 990 (PDF) Claim this org

Amvets Post #5 FY2024 filing

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Honors veterans with parades, ceremonies, and care packages for their service. For fiscal year 2024 it reported $23K in revenue, $176K in expenses, and $159K in net assets.Pt I

Founded
1986
Type
Mutual-benefit / member-serving · Public & Societal Benefit
Location
Bristol, VA
Filings
5 on file (2021–2024)
Revenue
$23KFY2024
Expenses
$176K
Net assets
$159K
People
3
Filings
5
Updates
0
More identity details & actions ⌄
EIN  54-1679363 Mutual-benefit / member-serving Bristol, VA Founded 1986
Form 990 (PDF)
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →
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Size
<$100K
What they do
Honors veterans with parades, ceremonies, and care packages for their service.
Leadership
Claybern Spears · Commander
Money in and out
$23K revenue, $176K expenses
Bottom line
-675% surplus margin
Reported financial activity · FY2024
Total revenue
$23K
Pt VIII · Ln 12
Total expenses
$176K
Pt IX · Ln 25
Net assets
$159K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$153K
Where spending went · Part IX cols B–D
Program services $0.94 Management & general $0.06
Surplus margin
-675%
revenue over expenses, this year
Program spending
94%
of expenses reach programs

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$23K
FY2024▼ -58%
Expenses
$176K
FY2024▲ +124%
Total assets
$159K
FY2024▼ -49%
Total liabilities
$0
FY2024
Total revenue
$23K
Pt VIII · Ln 12
Total expenses
$176K
Pt IX · Ln 25
Net assets
$159K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$153K
Total assetsPt X · Ln 16$159K
Program-expense ratioPt IX · col B94%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CAmvets Post #5
EINHdr · item D54-1679363
Principal addressHdr · item CBristol, VA
WebsiteHdr · item Jnone reported
Year of formationHdr · item L1986
State of legal domicileHdr · item MVA
Exempt statusHdr · item I501(c)(19) · active
NTEE classificationIRS BMFPublic & Societal Benefit (W90)
Ruling yearIRS BMFMay 1945

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice-Commander
$0Pt VII · Sec A
$0Pt VII · Sec A
See Amvets Post #5 executive salaries →

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Mission & Programs · Part III

Where the work happens

1 program service account for $165K of program spending, described in the organization's own filed words · FY2024.
01

To support and encourage veterans of us armed forces through activities such as public parades, ceremonies, and events on veterans day and memorial day by distributing care packages to va hospitals, flag ceremonies, etc

$165Kprogram expense

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Statement of Revenue

Part VIII
Other revenue100%$23K
Total revenueLn 12$23K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.94 Management & general $0.06
Program services94%$165K
Management & general6%$11K
Total functional expensesLn 25$176K

Balance Sheet

Part X · end of year
CashLn 1$159K
Total assetsLn 16$159K
Total liabilitiesLn 26$0
Total net assetsLn 32$159K
Months of cash on handcomputed10.8

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $159K · Operating expenses/yr $176K
10.8 months
Where the money goes
Program services
Program services $165K · Total expenses $176K
94%
Management & General
Management & general $11K · Total expenses $176K
6%
Fundraising
Fundraising $0 · Total expenses $176K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $23K
0%
Government reliance
Government grants — · Total revenue $23K
Earned-income share
Program service revenue $0 · Total revenue $23K
0%
Investment reliance
Investment income $0 · Total revenue $23K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $176K
0%
Growth & trend
Revenue growth (YoY)
This year $23K · Prior year $54K
-58%
Net-asset trend (YoY)
End of year $159K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $23K · Expenses $176K
-675%
Liabilities-to-Assets
Total liabilities — · Total assets $159K
Net-asset ratio
Net assets $159K · Total assets $159K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $159K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Claybern Spears · Reported title COMMANDER · Highest reported compensation $0 · Total expenses $176K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $176K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 94%
Overhead ratio 6%
Revenue growth -58%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · this organization's grantmaking
Grants paid · 18 grants · $229K · 2021–2025
Amvets of VaFY2025$12,000
St Judes Childrens HospitalFY2024$25,000
Southern Gospel Music AssocFY2024$25,000
Soup for the SoulFY2024$15,000
Disabled American VeteransFY2024$15,000
Amvets of VaFY2024$12,000
Gcma Christian AssocFY2024$10,000
Samaritans PurseNC · FY2024$10,000
Wzap Christian RadioFY2024$7,000
Southern Gospel Music AssocFY2023$25,000
Trojan Touchdown ClubFY2023$9,168
Bristol Regional Speech & HearingFY2022$5,000
Disabled American VeteransFY2021$10,551
Virginia Veterans Service FoundatioFY2021$7,700

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$67K revenue · ⤓ 990 PDF
FY2024$23K revenue · viewing · ⤓ 990 PDF
FY2023$54K revenue · ⤓ 990 PDF
FY2022$41K revenue · ⤓ 990 PDF
FY2021$337K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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