American Legion Merrimack Memorial Post 98 (EIN 026013061) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1953

Legal Domicile

Principal Officer

Fredrick Henderson

Phone

6034290343

Tax Period

2023-01-01 to 2023-12-31

American Legion Merrimack Memorial Post 98, founded in 1953, is a micro nonprofit in the Public & Societal Benefit sector that reported $95K in total revenue in fiscal year 2023. Revenue decreased 10% compared to the prior year. Expenses of $110K exceeded revenue, resulting in a 15% operating deficit.

Mission

1. Promote the social welfare needs of the community.2. Assist needy and disabled veterans and widows and orphans of deceased veterans.3. Provide entertainment, care, and assistance to hospitalized veterans or members of the Armed Forces of the United States.4. Perpetuate the memory of veterans and comfort their survivors.5. Conduct programs for religious, charitable, scientific, literary, or educational purposes.6. Sponsor or participate in patriotic activities.7. Providing insurance benefits to members and/or their dependents.8. Provide social and recreational activities for members.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,014

Program Service Revenue $0

Investment Income $1,130

Other Revenue $90,877

TOTAL REVENUE $95,021

Expense Breakdown

Grants Paid $5,400

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $104,247

TOTAL EXPENSES $109,647

Year-over-Year Comparison

	2023	2022	Change
Revenue	$95,021	$105,800	-0.1%
Expenses	$109,647	$62,303	+0.8%
Net Income	$-14,626	$43,497	-1.3%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

N/A

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

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
Jess Whitten	Historian	Director	$0	$0	$0
David R Peterson	Financial Off.	Director	$0	$0	$0
Fredrick Henderson	Chaplain	Director	$0	$0	$0
Gregory Lambert	Commander	Director	$0	$0	$0
Donald Flanders	Sgt at Arms	Director	$0	$0	$0
Emile Landry	1st V Commander	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	No data	No data	No data	No data
2023	$95,021	$109,647	$634,299	$-14,626
2022	$105,800	$62,303	$646,638	$43,497

American Legion Merrimack Memorial Post 98