AMERICAN LEGION FRANK E BOOMA POST 6 (EIN 020110903) - 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

Frank Desper Commander

Phone

6034367575

Tax Period

2023-07-01 to 2024-06-30

AMERICAN LEGION FRANK E BOOMA POST 6, founded in 1919, is a small nonprofit in the Public & Societal Benefit sector that reported $369K in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion. The organization ran a surplus of $61K, a strong 17% operating margin.

Mission

To promote the social welfare of the community, to assist disabled and needy war veterans, and members of the US armed forces and their dependents, and the widows and orphans of deceased veterans. To provide entertainment, care, and assistance to hospitalized veterans.

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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 (2023)

Revenue Breakdown

Contributions & Grants $48,054

Program Service Revenue $0

Investment Income $238

Other Revenue $320,968

TOTAL REVENUE $369,260

Expense Breakdown

Grants Paid $7,720

Salaries & Benefits $119,555

Fundraising Expenses $0

Program Expenses $177,657

Other Expenses $180,586

TOTAL EXPENSES $307,861

Year-over-Year Comparison

	2023	2022	Change
Revenue	$369,260	$310,330	+0.2%
Expenses	$307,861	$315,027	0.0%
Net Income	$61,399	$-4,697	-14.1%

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

Independent Members

Employees

Volunteers

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

$14,640

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FRANK CAPALARE	ADJUNCT	1.00	Officer	$9,240	$0	$9,240
STEVE KATSANOS	FINANCE OFFICER	1.00	Officer	$5,400	$0	$5,400
FRANK DESPER	COMMANDER	4.00	Officer	$0	$0	$0
EUGENE BRAGG	HISTORIAN	1.00	Officer	$0	$0	$0
MICHAEL FACCIOLI	IST VICE CO	1.00	Officer	$0	$0	$0
BEVERLY STONE	SERVICE OFFICER	1.00	Officer	$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
2025	No data	No data	No data	No data
2024	$369,260	$307,861	$1,155,894	$61,399
2023	$310,330	$315,027	$1,094,342	$-4,697

AMERICAN LEGION FRANK E BOOMA POST 6