AMERICAN LEGION POST 2 (EIN 056015404) - 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

CHARLES PETRARCA

Phone

4018219855

Tax Period

2023-01-01 to 2023-12-31

AMERICAN LEGION POST 2, founded in 1919, is a small nonprofit that reported $224K in total revenue in fiscal year 2023.

Mission

A NON-PROFIT VETERANS SERVICE ORGANIZATION (VSO), DEDICATED TO PROVIDING ASSISTANCE TO VETERANS RESIDING IN THE TOWN OF WEST WARWICK, RHODE ISLAND.

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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 $7,885

Program Service Revenue $0

Investment Income $359

Other Revenue $215,560

TOTAL REVENUE $223,804

Expense Breakdown

Grants Paid $0

Salaries & Benefits $96,590

Fundraising Expenses $0

Other Expenses $133,084

TOTAL EXPENSES $229,674

Year-over-Year Comparison

	2023	2022	Change
Revenue	$223,804	$215,764	+0.0%
Expenses	$229,674	$226,972	+0.0%
Net Income	$-5,870	$-11,208	-0.5%

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

N/A

Employees

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
MARK CURRIER	COMMANDER	2.00	Officer	$0	$0	$0
KEVIN HEISE	FINANCE OFFICER	2.00	Officer	$0	$0	$0
MIKE GRAICHEN	ADJUTANT	2.00	Officer	$0	$0	$0
CHARLES PETRARCA	OPERATIONS MANAGER	5.00	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
2024	No data	No data	No data	No data
2023	$223,804	$229,674	$124,684	$-5,870
2022	$215,764	$226,972	$129,773	$-11,208
2021	$216,280	$222,652	$135,958	$-6,372
2020	$148,473	$146,629	$142,330	$1,844
2019	$177,033	$189,296	$140,486	$-12,263
2018	$190,023	$181,594	$152,749	$8,429

AMERICAN LEGION POST 2