NORWALK, CT
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)THE AMERICAN LEGION POST 12, founded in 1921, is a small nonprofit that reported $232K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Net assets of $466K represent 24 months of operating reserves.
The mission is to promote the social welfare of the community; assist needy and disabled veterans; perpetuate the memory of deceased veterans; sponsor activities of a patriotic nature; and provide social and recreational activities for members.
Fund two scholarships each year. The scholarship is not a needs-based scholarship program but rather one where eligible high school seniors compete for the awards. The candidates need to demonstrate...
Fund two scholarships each year. The scholarship is not a needs-based scholarship program but rather one where eligible high school seniors compete for the awards. The candidates need to demonstrate a tie to veterans either through family or community service. Direct support of American Legion events will earn additional consideration. No scholarships were awarded for the year ending August 31 2023.
The Veteran of the Month Flag Raising Program is held the first Sunday of each month and honors deceased veterans. The post hosts nine ceremonies per year.
Organizational costs: Advertising and social media management = $495; Boys State nominees 2 x $350 = $700 $36 donation to state programs and $525 donation for equipment replacement
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $231,866 | $210,079 | +0.1% |
| Expenses | $232,650 | $224,474 | +0.0% |
| Net Income | $-784 | $-14,395 | -0.9% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Tony Alves | Trustee Committee Chairman | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| Richard Olson | Commander | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| Jeffrey DeWitt | First Vice Commander | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| Tony Coppola | Finance Officer | 10.00 |
Officer
|
$0 | $0 | $0 |
| Fred Belinsky | HOUSE COMMITTEE CHAIRMAN | 10.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $231,866 | $232,650 | $465,752 | $-784 |
| 2024 | $210,079 | $224,474 | $466,537 | $-14,395 |
| 2023 | $170,298 | $154,969 | $480,934 | $15,329 |
| 2022 | $229,316 | $232,111 | $465,455 | $-2,795 |
| 2021 | $153,586 | $142,026 | $468,249 | $11,560 |
| 2020 | $135,027 | $132,386 | $456,689 | $2,641 |
Compare THE AMERICAN LEGION POST 12 with other nonprofits in Connecticut and across the country.