AMERICAN LEGION JOHN OLSON POST #18

EIN: 237298454

LOCKPORT, IL

Total Revenue
$83,460
Total Expenses
$88,202
Total Assets
$192,446
Net Assets
$75,138
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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
1939
Legal Domicile
IL
Principal Officer
MICHAEL MEYERS
Phone
8155161469
Tax Period
2023-01-01 to 2023-12-31

AMERICAN LEGION JOHN OLSON POST #18, founded in 1939, is a micro nonprofit that reported $83K in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion.

Mission

THE AMERICAN LEGION POST #18 PROVIDES A MEETING PLACE AND SERVICES FOR VETERANS AND THEIR FAMILIES. THESE VETERANS, IN RETURN, PROVIDE SERVICES FOR THE COMMUNITY AT LARGE, TO HELP PROMOTE PATRIOTISM AND CITIZENSHIP.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $31,725
Program Service Revenue $0
Investment Income $0
Other Revenue $51,735
TOTAL REVENUE $83,460

Expense Breakdown

Grants Paid $14,535
Salaries & Benefits $8,717
Fundraising Expenses $0
Other Expenses $64,950
TOTAL EXPENSES $88,202

Year-over-Year Comparison

2023 2022 Change
Revenue $83,460 $73,689 +0.1%
Expenses $88,202 $86,359 +0.0%
Net Income $-4,742 $-12,670 -0.6%
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

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Governance

Voting Members
10
Independent Members
10
Employees
1
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
7
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICK PONCE DIRECTOR 2.00
Director
$0 $0 $0
DON UMPHRIES DIRECTOR 2.00
Director
$0 $0 $0
GEORGE LUKES DIRECTOR 2.00
Director
$0 $0 $0
MICHAEL MEYERS POST COMMAND 10.00
Officer
$0 $0 $0
VICTOR MARTINKA SENIOR VICE 2.00
Officer
$0 $0 $0
TOM JOST JUNIOR VICE 2.00
Officer
$0 $0 $0
CAL TROC CHAPLAIN 2.00
Officer
$0 $0 $0
JIM WIGGINGTON SGT AT ARMS 2.00
Officer
$0 $0 $0
SHAWN MCELWEE HISTORIAN 2.00
Officer
$0 $0 $0
FRANK DIGIOVANNI FINANCE 2.00
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
2024 No data No data No data No data
2023 $83,460 $88,202 $192,446 $-4,742
2022 $73,689 $86,359 $200,683 $-12,670
2021 $92,731 $117,154 $219,282 $-24,423
2020 $64,827 $79,621 $221,518 $-14,794
2019 $97,868 $112,121 $237,993 $-14,253
2018 $67,273 $81,843 $257,034 $-14,570
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