THEODORE KORONY AMERICAN LEGION PO… - Form 990 Financial Data

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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

1989

Legal Domicile

Principal Officer

KEVIN DEVINE

Phone

9174390246

Tax Period

2025-01-01 to 2025-12-31

THEODORE KORONY AMERICAN LEGION POST 253 INC, founded in 1989, is a micro nonprofit that reported $75K in total revenue in fiscal year 2025. Revenue surged 53% from the prior year, signaling strong growth momentum. The organization ran a surplus of $49K, a strong 65% operating margin.

Mission

TO IMPLEMENT PROGRAMS OF THE AMERICAN LEGION

Program Service Accomplishments

Program 1

NOT REQUIRED

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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 (2025)

Revenue Breakdown

Contributions & Grants $11,444

Program Service Revenue $0

Investment Income $63,907

Other Revenue $0

TOTAL REVENUE $75,351

Expense Breakdown

Grants Paid $6,096

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $20,416

TOTAL EXPENSES $26,512

Year-over-Year Comparison

	2025	2024	Change
Revenue	$75,351	$49,250	+0.5%
Expenses	$26,512	$26,656	0.0%
Net Income	$48,839	$22,594	+1.2%

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
ANTHONY SALIMBENE	DIRECTOR	002.00	Director	$0	$0	$0
COLLEEN MCCARTHY	DIRECTOR	002.00	Director	$0	$0	$0
PATRICK DEVINE	DIRECTOR	002.00	Director	$0	$0	$0
THOMAS HANSEN	DIRECTOR	002.00	Director	$0	$0	$0
MIKE MCNERNEY	DIRECTOR	002.00	Director	$0	$0	$0
DAVID STUART	PRESIDENT	010.00	Officer	$0	$0	$0
ANTHONY FERRARA	ASSISTANT TREASURER	010.00	Officer	$0	$0	$0
JOHN LANCI	RECORDING SECRETARY	010.00	Officer	$0	$0	$0
KEVIN DEVINE	TREASURER	010.00	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	$75,351	$26,512	$965,026	$48,839
2024	$49,250	$26,656	$902,153	$22,594
2023	$44,806	$26,049	$879,559	$18,757
2022	$1,874	$92,969	$860,802	$-91,095
2021	$70,934	$21,971	$951,897	$48,963
2020	$19,284	$19,800	$902,935	$-516
2018	$28,456	$30,055	$786,567	$-1,599

THEODORE KORONY AMERICAN LEGION POST 253 INC