AMERICAN LEGION (EIN 020103705) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1919

Legal Domicile

Principal Officer

DAVID QUINN

Phone

6036239145

Tax Period

2024-01-01 to 2024-12-31

AMERICAN LEGION, founded in 1919, is a small nonprofit that reported $804K in total revenue in fiscal year 2024. Revenue surged 28% from the prior year, signaling strong growth momentum. The organization ran a surplus of $174K, a strong 22% operating margin.

Mission

The American Legion is a nonprofit veterans service organization dedicated to serving veterans, their families, and communities.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $57,362

Program Service Revenue $99,813

Investment Income $23,737

Other Revenue $623,257

TOTAL REVENUE $804,169

Expense Breakdown

Grants Paid $0

Salaries & Benefits $121,574

Fundraising Expenses $0

Program Expenses $630,224

Other Expenses $508,650

TOTAL EXPENSES $630,224

Year-over-Year Comparison

	2024	2023	Change
Revenue	$804,169	$627,610	+0.3%
Expenses	$630,224	$538,091	+0.2%
Net Income	$173,945	$89,519	+0.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

450

Independent Members

450

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID QUINN	FINANCE OFFICER	020.00	Officer Director	$0	$0	$0
GREG GAETANO	COMMANDER	004.00	Officer Director	$0	$0	$0
THOMAS ELLWOOD	JUDGE ADVOCATE	004.00	Officer Director	$0	$0	$0
MICHAEL LOPEZ	EXECUTIVE BOARD	004.00	Officer Director	$0	$0	$0
WILLIAM ROY	ADJUTANT	020.00	Officer Director	$0	$0	$0
JIM RONAN	SR VICE COMMANDER	004.00	Officer Director	$0	$0	$0
KEN GRAY	JR VICE COMMANDER	004.00	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$804,169	$630,224	$1,497,415	$173,945
2023	$627,610	$538,091	$1,217,772	$89,519
2022	$636,273	$534,254	$1,086,233	$102,019
2021	$619,508	$483,423	$1,054,301	$136,085
2020	$532,414	$344,474	$870,855	$187,940
2019	$481,347	$454,001	$634,842	$27,346
2018	$446,382	$419,891	$550,729	$26,491

AMERICAN LEGION