AMERICAN LEGION POST 402 (EIN 161180306) - 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

1922

Legal Domicile

Principal Officer

KEVIN MARK

Phone

5857282230

Tax Period

2022-01-01 to 2022-12-31

AMERICAN LEGION POST 402, founded in 1922, is a small nonprofit that reported $237K in total revenue in fiscal year 2022. Revenue fell 25% from the prior year — a significant decline worth monitoring. Expenses of $277K exceeded revenue, resulting in a 17% operating deficit.

Mission

US ARMED FORCES RECOGNITION

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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 (2022)

Revenue Breakdown

Contributions & Grants $150

Program Service Revenue $235,375

Investment Income $0

Other Revenue $1,662

TOTAL REVENUE $237,187

Expense Breakdown

Grants Paid $0

Salaries & Benefits $74,930

Fundraising Expenses $0

Program Expenses $271,650

Other Expenses $195,554

TOTAL EXPENSES $277,414

Year-over-Year Comparison

	2022	2021	Change
Revenue	$237,187	$317,383	-0.3%
Expenses	$277,414	$286,000	0.0%
Net Income	$-40,227	$31,383	-2.3%

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
KEVIN MARK	COMMANDER	N/A	Officer Director	$0	$0	$0
JR PERKOWSKI	COMP ADJUNT	N/A	Director	$0	$0	$0
MICHAEL MCCAULEY	HISTORIAN	N/A	Officer	$0	$0	$0
HERB MITCHELL	TREASURER	N/A	Officer	$0	$0	$0
JIM SMITH	3RD VICE	N/A	Officer	$0	$0	$0
JOHN WALDECKER	2ND VICE	N/A	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
2022	$237,187	$277,414	$179,048	$-40,227
2021	$317,383	$286,000	$216,412	$31,383
2020	$208,768	$224,457	$182,225	$-15,689
2019	$293,710	$287,440	$180,383	$6,270
2018	$267,141	$269,096	$172,337	$-1,955

AMERICAN LEGION POST 402