AMERICAN LEGION POST #7 (990T) (EIN 020229923) - 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

1955

Legal Domicile

Principal Officer

ROBERT TALBOT

Phone

6033322024

Tax Period

2023-01-01 to 2023-12-31

AMERICAN LEGION POST #7 (990T), founded in 1955, is a small nonprofit that reported $762K in total revenue in fiscal year 2023. Revenue surged 48% from the prior year, signaling strong growth momentum. The organization ran a surplus of $177K, a strong 23% operating margin.

Mission

MILITARY VETERANS ADOCACY & COMMUNITY OUTREACH ADVOCACY ACCOMPLISHED THROUGH LOCAL, STATE AND NATIONAL AFFILIATIONS. COMMUNITY OUTREACH FOCUSES ON LOCAL HIGH

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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 $30,011

Program Service Revenue $0

Investment Income $230

Other Revenue $731,759

TOTAL REVENUE $762,000

Expense Breakdown

Grants Paid $36,084

Salaries & Benefits $215,353

Fundraising Expenses $0

Program Expenses $57,971

Other Expenses $324,229

TOTAL EXPENSES $585,203

Year-over-Year Comparison

	2023	2022	Change
Revenue	$762,000	$514,765	+0.5%
Expenses	$585,203	$533,938	+0.1%
Net Income	$176,797	$-19,173	-10.2%

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

Total Directors

Key Employees

$63,572

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT TALBOT	COMMANDER	10.00	Officer	$0	$0	$0
JOSEPH FITZPATRICK	SR VICE COMMANDER	1.00	Officer	$0	$0	$0
PETER TIEWS	JR VICE COMMANDER	1.00	Officer	$0	$0	$0
THOMAS FARLEY	ADJUTANT	12.00	Officer	$0	$0	$0
GEORGE LLOYD	FINANCE OFFICER	1.00	Officer	$0	$0	$0
MARK HUDSON	CHAPLAIN	1.00	Officer	$0	$0	$0
MARY CHALOUX	BUSINESS MANAGER	40.00	Key Emp Highest	$63,572	$0	$63,572

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	No data	No data	No data	No data
2023	$762,000	$585,203	$860,228	$176,797
2022	$726,815	$546,096	$754,049	$180,719
2021	$514,765	$533,938	$579,032	$-19,173
2020	$585,518	$423,002	$616,557	$162,516
2019	$571,553	$591,152	$430,923	$-19,599
2018	$552,150	$623,774	$472,366	$-71,624

AMERICAN LEGION POST #7 (990T)