AMERICAN LEGION POST # 56

EIN: 043358608 501(c)(3) Public & Societal Benefit

YORK, ME

Total Revenue
$186,734
Total Expenses
$82,510
Total Assets
$44,801
Net Assets
$11,808
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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
1997
Legal Domicile
ME
Principal Officer
RICHARD KNUDSEN
Phone
2073630376
Tax Period
2025-01-01 to 2025-12-31

AMERICAN LEGION POST # 56, founded in 1997, is a small nonprofit in the Public & Societal Benefit sector that reported $187K in total revenue in fiscal year 2025. Revenue surged 108% from the prior year, signaling strong growth momentum. The organization ran a surplus of $104K, a strong 56% operating margin.

Mission

TO SERVE VETERANS AND THEIR FAMILIES PROVIDE PROGRAMS TO VETERANS AND THE NEEDY AND ASSIST LOCAL POSTS WITH COMMUNITY ACTIVITIES

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $16,607
Program Service Revenue $0
Investment Income $78,276
Other Revenue $91,851
TOTAL REVENUE $186,734

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $2,243
Other Expenses $82,510
TOTAL EXPENSES $82,510

Year-over-Year Comparison

2025 2024 Change
Revenue $186,734 $89,577 +1.1%
Expenses $82,510 $80,754 +0.0%
Net Income $104,224 $8,823 +10.8%
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

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Governance

Voting Members
N/A
Independent Members
N/A
Employees
N/A
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
5
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PAUL KLEBAUR FINANCE OFFICER 8.00
Officer
$0 $0 $0
ROBERT MARLOW JUDGE ADVOCATE 1.00
Officer
$0 $0 $0
WADE FOX AMERICANISM OFFICER 8.00
Officer
$0 $0 $0
CHARLIE PRATT 2ND VICE CHAIRPERSON 1.00
Officer
$0 $0 $0
RICHARD KNUDSEN POST COMMANDER 12.00
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 $186,734 $82,510 $44,801 $104,224
2021 $56,857 $53,083 $37,246 $3,774
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