NELSON ARMES POST 601 HOME ASSOCIA… - 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

1948

Legal Domicile

Principal Officer

JAMES C ROGERS

Phone

5704829911

Tax Period

2023-01-01 to 2023-12-31

NELSON ARMES POST 601 HOME ASSOCIATION, founded in 1948, is a small nonprofit in the Recreation & Sports sector that reported $117K in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $111K left a modest 5% surplus.

Mission

PROVIDE SERVICES TO MEMBERS OF AMERICAN LEGION POST 601 AND MEMBERS OF THE HOME ASSOCIATION VETERANS AND FAMILY.

Program Service Accomplishments

Program 1

Provide services to members of American Legion Post 601 and members of the Home Association Veterans and families.

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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 $24,108

Program Service Revenue $0

Investment Income $0

Other Revenue $92,922

TOTAL REVENUE $117,030

Expense Breakdown

Grants Paid $0

Salaries & Benefits $51,081

Fundraising Expenses $0

Other Expenses $59,986

TOTAL EXPENSES $111,067

Year-over-Year Comparison

	2023	2022	Change
Revenue	$117,030	$107,118	+0.1%
Expenses	$111,067	$108,900	+0.0%
Net Income	$5,963	$-1,782	-4.3%

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

189

Independent Members

189

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

$9,480

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAY MEYERS	PRESIDENT	30.00	Officer	$0	$0	$0
BRYAN HARTMAN	1ST VICE PRESIDENT	30.00	Officer	$0	$0	$0
ROGER PETERMAN	2ND VICE PRESIDENT	15.00	Officer	$0	$0	$0
JAMES DUNNER	SECRETARY	25.00	Officer	$0	$0	$0
JAMES ROGERS	TREASURER	15.00	Officer	$0	$0	$0
LINDA GAVITT	MANAGER	40.00	Key Emp	$9,480	$0	$9,480

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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$117,030	$111,067	$21,286	$5,963
2022	$107,118	$108,900	$19,780	$-1,782
2021	$111,160	$101,894	$23,223	$9,266
2020	$84,948	$82,533	$11,394	$2,415

NELSON ARMES POST 601 HOME ASSOCIATION