AMERICAN LEGION MCKINNEY-KING POST 142 (EIN 060689327) - 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

1942

Legal Domicile

Principal Officer

LOUIE ROBINSON

Phone

8602160917

Tax Period

2024-07-01 to 2025-06-30

AMERICAN LEGION MCKINNEY-KING POST 142, founded in 1942, is a small nonprofit that reported $339K in total revenue in fiscal year 2024. Revenue surged 24% from the prior year, signaling strong growth momentum. Expenses of $379K exceeded revenue, resulting in a 12% operating deficit.

Mission

TO PROVIDE SUPPORT AND ASSISTANCE TO VETERANS OF MILITARY SERVICE

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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 $23,292

Program Service Revenue $315,555

Investment Income $0

Other Revenue $0

TOTAL REVENUE $338,847

Expense Breakdown

Grants Paid $0

Salaries & Benefits $61,253

Fundraising Expenses $0

Other Expenses $317,804

TOTAL EXPENSES $379,057

Year-over-Year Comparison

	2024	2023	Change
Revenue	$338,847	$273,344	+0.2%
Expenses	$379,057	$250,824	+0.5%
Net Income	$-40,210	$22,520	-2.8%

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

Governance

Voting Members

Independent Members

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
WAYNE BAKER	SR VICE COMM	N/A	Officer Director	$0	$0	$0
BOBBY CRADDOCK	SERGEANT-AT-	N/A	Officer Director	$0	$0	$0
WILLIAM GIBBS	JR VICE COMM	N/A	Officer Director	$0	$0	$0
WILLIAM GIBBS	ADJUTANT	N/A	Officer Director	$0	$0	$0
RICHARD PITTS	FINANCIAL OF	N/A	Officer Director	$0	$0	$0
CARLOS RIVERA	SERVICE OFFI	N/A	Officer Director	$0	$0	$0
LOUIE ROBINSON	COMMANDER	N/A	Officer Director	$0	$0	$0
JOSEPH WARD	CHAPLAIN	N/A	Officer Director	$0	$0	$0
DAVE WILSON	TRUSTEE	N/A	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
2025	$338,847	$379,057	$702,144	$-40,210
2024	$273,344	$250,824	$548,593	$22,520
2023	$264,242	$262,403	$559,262	$1,839
2022	$195,435	$199,911	$565,358	$-4,476
2021	$33,296	$51,676	$582,446	$-18,380

AMERICAN LEGION MCKINNEY-KING POST 142