Amvets Service Foundation Of Louisiana

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 726017773 ✦ Marrero, LA ✦ Designated as a 501(c)(3)

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Overview

What is Amvets Service Foundation Of Louisiana?

Amvets Service Foundation of Louisiana, situated in Marrero, Louisiana, is a nonprofit organization dedicated to supporting veterans and their families. Their primary mission involves providing various assistance programs aimed at aiding veterans and sponsoring patriotic events. Through these initiatives, they strive to enhance the lives of veterans and their families in the community. The foundation operates with a focus on offering aid and promoting activities that uphold the spirit of patriotism.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 0%

The Amvets Service Foundation Of Louisiana has received a Zero-Star out of Four Star rating, reflecting significant concerns regarding its accountability and financial transparency. The organization's score of 10% indicates a lack of essential governance practices, such as independent board oversight and the absence of key policies related to conflict of interest and whistleblower protections.

The review highlights that there are no independent members on the board, which raises questions about the objectivity in decision-making. Additionally, the nonprofit has not made critical documents like board meeting minutes and tax forms available on its website, further contributing to its low rating.

Despite having no material diversion of assets, the overall financial health appears questionable, with a program expense ratio of only 24.06%. This suggests that a minimal portion of funds is being allocated towards programs, which may impede the organization's effectiveness in serving its mission.


This AI summary has been generated from information found on Charity Navigator.

Is Amvets Service Foundation Of Louisiana legitimate?

Amvets Service Foundation Of Louisiana is a legitimate nonprofit organization registered as a 501(c)(3) entity. Amvets Service Foundation Of Louisiana submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $19,975
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Amvets Service Foundation Of Louisiana?

The Amvets Service Foundation of Louisiana's mission is centered around providing assistance to veterans and their families. Their primary focus is on designing and executing programs that cater to the needs of veterans, as well as sponsoring events of a patriotic nature. These programs aim to offer support and resources to veterans, thereby enriching their lives and promoting a sense of community and national pride.

Who is the CEO of Amvets Service Foundation Of Louisiana?

Jim Martin is the President of Amvets Service Foundation Of Louisiana.

What is the revenue of Amvets Service Foundation Of Louisiana?

Amvets Service Foundation Of Louisiana's revenue in 2022 was $31,831.

Who are the executives of Amvets Service Foundation Of Louisiana and what are their salaries?


Here are 5 key members and their salaries:


Jim Martin (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Ashley (Commander)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marion Polk (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Macfarlain (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Begnaud (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Amvets Service Foundation Of Louisiana?

Amvets Service Foundation Of Louisiana's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Amvets Service Foundation Of Louisiana

Amvets Service Foundation of Louisiana is dedicated to providing assistance for veterans and their families, as well as sponsoring patriotic activities. Their mission encompasses various programs designed to support veterans and their loved ones, fostering a sense of unity and patriotism. By offering these programs, the foundation aims to make a positive impact on the lives of veterans, helping them navigate the challenges they may face. Furthermore, Amvets Service Foundation of Louisiana sponsors events that uphold the values of patriotism, emphasizing the importance of honoring and supporting those who have served their country.

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Impact




August, 2024

Amvets Service Foundation Of Louisiana's impact is significant in providing essential support to veterans and their families. Through their veterans assistance programs, they aim to assist veterans in need and promote activities of a patriotic nature. This organization based in Marrero, Louisiana, is dedicated to improving the lives of those who have served their country. Their focus on public benefit underscores their commitment to serving the community and honoring the sacrifices made by veterans.




This information is meant to be a general summary of Amvets Service Foundation Of Louisiana. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$31,831 (2022)
Expenses
$55,353 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $257
  • Program Service Revenue: $2,250
  • Gross Receipts: $31,831

Assets and Liabilities:

  • Total Assets: $298,728
  • Total Liabilities: $0
  • Net Assets: $298,728

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

AMVETS THRIFT STORES

Revenue

$2,250

Organization Details

Principal Officer

Jim Martin

Main Address

5421 LAPALCO BLVD A, MARRERO, LA, 70072

NTEE Category

Code: W30 - Public benefit

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