Brick Township Memorial Post Number 348 of the American Legion Inc (EIN 226173911) - 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

1954

Legal Domicile

Principal Officer

KEN CARLSON

Phone

7324771915

Tax Period

2023-06-01 to 2024-05-31

Brick Township Memorial Post Number 348 of the American Legion Inc, founded in 1954, is a small nonprofit that reported $281K in total revenue in fiscal year 2023. Expenses of $270K left a modest 4% surplus.

Mission

A VETERAN'S ORGANIZATION OF PAST AND PRESENT MEMBERS OF U.S.A. ARMED FORCES ORGANIZED TO SUPPORT THOSE MEMBERS, THEIR FAMILIES, AND LOCAL COMMUNITY SOCIALLY & FINANCIALLY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $37,433

Program Service Revenue $36,150

Investment Income $20

Other Revenue $207,156

TOTAL REVENUE $280,759

Expense Breakdown

Grants Paid $83,105

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $186,458

TOTAL EXPENSES $269,563

Year-over-Year Comparison

	2023	2022	Change
Revenue	$280,759	$265,992	+0.1%
Expenses	$269,563	$289,442	-0.1%
Net Income	$11,196	$-23,450	-1.5%

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

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

$38,160

Total Directors

$38,160

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MIKE BEVACQUA	BAR CHAIRMAN	5.0	Officer Director	$0	$21,200	$21,200
KEN CARLSON	FINANCE OFFICER	5.0	Officer Director	$0	$10,600	$10,600
KERRI LONG	COMMANDER	5.0	Officer Director	$0	$2,400	$2,400
DOUG PAQUETTE	HALL CHAIRMAN	5.0	Officer Director	$0	$960	$960
KEN KOCSZON	BOAT CHAIRMAN	5.0	Officer Director	$0	$600	$600
BOB HORN	1ST VICE COMMANDER	5.0	Officer Director	$0	$600	$600
ED SLOWINSKI	2ND VICE COMMANDER	5.0	Officer Director	$0	$600	$600
DOUG PAQUETTE	3RD VICE COMMANDER	5.0	Officer Director	$0	$600	$600
ROB OLSEN	BOAT CHAIRMAN	5.0	Officer Director	$0	$600	$600
BRUCE MILLER	TRUSTEE	1.0	Director	$0	$0	$0
BOB HANDLER	TRUSTEE	1.0	Director	$0	$0	$0
DICK VAN ARSDALE	TRUSTEE	1.0	Director	$0	$0	$0
BOB COLUCCI	TRUSTEE	1.0	Director	$0	$0	$0
JOE BRESLIN	TRUSTEE	1.0	Director	$0	$0	$0
JON LACHMANN	ADJUTANT	1.0	Director	$0	$0	$0
DOUG CHASE	CHAPLAIN	5.0	Officer Director	$0	$0	$0
STEVE STRAUTMANIS	SGT AT ARMS	5.0	Officer Director	$0	$0	$0
GERRY GARRIS	HISTORIAN	5.0	Officer Director	$0	$0	$0
CHARLIE PAWELAK	SERVICE OFFICER	5.0	Officer Director	$0	$0	$0
MICHAEL SCHAFFER	JUDGE ADVOCATE	5.0	Officer 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	$280,759	$269,563	$862,848	$11,196
2023	$265,992	$289,442	$876,738	$-23,450
2022	$259,160	$258,484	$972,909	$676
2021	$418,921	$452,503	$871,478	$-33,582
2020	$466,141	$522,937	$857,657	$-56,796
2019	$533,694	$565,770	$929,417	$-32,076

Brick Township Memorial Post Number 348 of the American Legion Inc