AMERICAN LEGION POST 308 (EIN 046136567) - 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

1988

Legal Domicile

Principal Officer

TONY GIBSON

Phone

5088969563

Tax Period

2024-01-01 to 2024-12-31

AMERICAN LEGION POST 308, founded in 1988, is a micro nonprofit that reported $57K in total revenue in fiscal year 2024. Revenue surged 48% from the prior year, signaling strong growth momentum. The organization ran a surplus of $34K, a strong 59% operating margin.

Mission

TO DEVELOP AND MAINTAIN 100 PERCENT AMERICANISM AMONG RESIDENTS OF ORLEANS. TO PUT INTO EFFECT PROGRAMS OF THE AMERICAN LEGION. PROVIDE GRANTS AND DONATIONS TO COMMUNITY ORGANIZATIONS AND SCHOOLS.

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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 $189

Program Service Revenue $0

Investment Income $56,643

Other Revenue $0

TOTAL REVENUE $56,832

Expense Breakdown

Grants Paid $4,398

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $15,800

Other Expenses $18,657

TOTAL EXPENSES $23,055

Year-over-Year Comparison

	2024	2023	Change
Revenue	$56,832	$38,280	+0.5%
Expenses	$23,055	$34,294	-0.3%
Net Income	$33,777	$3,986	+7.5%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TONY GIBSON	PRESIDENT/DIRECTOR	1.00	Officer Director	$0	$0	$0
SANDRA HODGE	TREASURER/DIRECTOR	1.00	Officer Director	$0	$0	$0
DAVID GIBSON JR	SECRETARY/DIRECTOR	1.00	Officer Director	$0	$0	$0
DAVEY LHODGE	SR VICE COMMANDER/DIRECTOR	1.00	Officer Director	$0	$0	$0
DOUGLAS MEYERS	JR VICE COMMANDER/DIRECTOR	1.00	Officer Director	$0	$0	$0
SCOTT MCFARLAND	SGT-AT-ARMS	1.00	Director	$0	$0	$0
DAVID LAI	HISTORIAN	1.00	Director	$0	$0	$0
ALAN WLIMOT	CHAPLIN	1.00	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	$56,832	$23,055	$589,452	$33,777
2023	$38,280	$34,294	$534,221	$3,986
2022	$27,139	$23,753	$540,543	$3,386
2021	$25,467	$16,810	$571,545	$8,657
2020	$32,968	$14,788	$523,315	$18,180
2019	$31,187	$21,052	$521,591	$10,135
2018	$34,129	$21,109	$450,411	$13,020

AMERICAN LEGION POST 308