Ilion Frankfort Memorial Post 502 (EIN 166050803) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1988

Legal Domicile

Principal Officer

RONALD GAGE

Phone

3158957775

Tax Period

2023-01-01 to 2023-12-31

Ilion Frankfort Memorial Post 502, founded in 1988, is a small nonprofit that reported $209K in total revenue in fiscal year 2023. Revenue decreased 18% compared to the prior year. The organization ran a surplus of $69K, a strong 33% operating margin.

Mission

TO SERVE THE LOCAL COMMUNITY OF VETERANS

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $25,943

Program Service Revenue $0

Investment Income $0

Other Revenue $182,999

TOTAL REVENUE $208,942

Expense Breakdown

Grants Paid $0

Salaries & Benefits $32,490

Fundraising Expenses $0

Other Expenses $107,862

TOTAL EXPENSES $140,352

Year-over-Year Comparison

	2023	2022	Change
Revenue	$208,942	$253,376	-0.2%
Expenses	$140,352	$177,970	-0.2%
Net Income	$68,590	$75,406	-0.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

N/A

Independent Members

N/A

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
RONALD GAGE	COMMANDER	N/A	Director	$0	$0	$0
BRUCE WILLIAMS	QUARTERMASTER	N/A	Director	$0	$0	$0
WILLIAM ANTON	SENIOR VICE COMMANDER	N/A	Director	$0	$0	$0
TIMOTHY TEHAN	VICE COMMANDER	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
2024	No data	No data	No data	No data
2023	$208,942	$140,352	$76,969	$68,590
2022	$253,376	$177,970	$91,141	$75,406
2021	$197,818	$170,203	$69,984	$27,615
2020	$62,439	$86,388	$41,324	$-23,949
2019	$120,460	$119,433	$78,277	$1,027
2018	$111,195	$122,124	$85,343	$-10,929

Ilion Frankfort Memorial Post 502