AMERICAN LEGION POST 34 HOME ASSOCIATION (EIN 230344040) - 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

Principal Officer

THOMAS COLE

Phone

7173929350

Tax Period

2023-01-01 to 2023-12-31

AMERICAN LEGION POST 34 HOME ASSOCIATION is a small nonprofit that reported $487K in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $542K exceeded revenue, resulting in a 11% operating deficit.

Mission

SUPPORT THE AMERICAN LEGION POST 34 OF LANCASTER FINANCIALLY FOR THE PURPOSE OF, AND BENEFIT TO, UPHOLDING ITS CORE VALUES AND PROMOTE VARIOUS PROGRAMS OF THE AMERICAN LEGION'S FOUR PILLARS OF VETERANS AFFAIRS AND REHABILITATION, NATIONAL SECURITY, AMERICANISM, AND CHILDREN AND YOUTH.

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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 $0

Program Service Revenue $10,130

Investment Income $0

Other Revenue $477,306

TOTAL REVENUE $487,436

Expense Breakdown

Grants Paid $109,026

Salaries & Benefits $252,941

Fundraising Expenses $0

Other Expenses $179,816

TOTAL EXPENSES $541,783

Year-over-Year Comparison

	2023	2022	Change
Revenue	$487,436	$429,887	+0.1%
Expenses	$541,783	$436,639	+0.2%
Net Income	$-54,347	$-6,752	+7.0%

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

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
SCOTT BRENNAN	SECRETARY	3.00	Officer Director	$0	$0	$0
THOMAS COLE	PRESIDENT	0.50	Officer Director	$0	$0	$0
SCOTT EDGELL	TREASURER	3.00	Officer Director	$0	$0	$0
MICHAEL GICS	2ND VICE PRE	0.50	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	No data	No data	No data	No data
2023	$487,436	$541,783	$10,994	$-54,347
2022	$429,887	$436,639	$27,425	$-6,752
2021	$250,464	$233,252	$16,748	$17,212
2020	$184,373	$234,162	$318,169	$-49,789
2019	$315,191	$363,146	$352,880	$-47,955
2018	$367,401	$372,590	$422,140	$-5,189

AMERICAN LEGION POST 34 HOME ASSOCIATION