AMERICAN LEGION POST 261 (EIN 250929718) - 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

1948

Legal Domicile

Principal Officer

DWAIN MCCANN

Tax Period

2023-01-01 to 2023-12-31

AMERICAN LEGION POST 261, founded in 1948, is a micro nonprofit in the Public & Societal Benefit sector that reported $58K in total revenue in fiscal year 2023. Revenue fell 36% from the prior year — a significant decline worth monitoring. Expenses of $80K exceeded revenue, resulting in a 38% operating deficit.

Mission

KEEPING THE SPIRIT OF VETERANS ALIVE

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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 $1,929

Program Service Revenue $0

Investment Income $6,681

Other Revenue $49,481

TOTAL REVENUE $58,091

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $59,607

Other Expenses $80,051

TOTAL EXPENSES $80,051

Year-over-Year Comparison

	2023	2022	Change
Revenue	$58,091	$90,389	-0.4%
Expenses	$80,051	$77,778	+0.0%
Net Income	$-21,960	$12,611	-2.7%

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

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
DUANE JONES	ADJUTANT	5.00	Officer	$0	$0	$0
DUANE JONES	FINANCE OFFICER	10.00	Officer	$0	$0	$0
JAMES CIGANIK	2ND VICE COMMANDER	5.00	Officer	$0	$0	$0
DWAIN MCCANN	COMMANDER	10.00	Officer	$0	$0	$0
CHARLES TRITT	1ST VICE COMMANDER	5.00	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	$58,091	$80,051	$101,414	$-21,960
2022	$90,389	$77,778	$98,760	$12,611
2021	$174,723	$94,176	$86,149	$80,547

AMERICAN LEGION POST 261