AMERICAN LEGION POST 218 (EIN 310200030) - 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

1929

Legal Domicile

Principal Officer

MICHAEL GOMIA

Phone

5134225424

Tax Period

2024-01-01 to 2024-12-31

AMERICAN LEGION POST 218, founded in 1929, is a small nonprofit that reported $525K in total revenue in fiscal year 2024. Revenue surged 152% from the prior year, signaling strong growth momentum. The organization ran a surplus of $139K, a strong 26% operating margin.

Mission

MEETING HALL AND SOCIAL ACTIVITIES FOR VETERANS AND FAMILIES. VETERANS DAY EVENTS,MEMORIAL SERVICES FOR VETERANS. ORGANIZED FOR THE SUPPORT OF THE UNITED STATES ARMED FORCES VETERANS OF ALL WARS AND THEIR SPOUSES AND CHILDREN.

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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 (2024)

Revenue Breakdown

Contributions & Grants $89,016

Program Service Revenue $5,951

Investment Income $6,223

Other Revenue $423,951

TOTAL REVENUE $525,141

Expense Breakdown

Grants Paid $105,490

Salaries & Benefits $170,373

Fundraising Expenses $0

Program Expenses $311,826

Other Expenses $110,427

TOTAL EXPENSES $386,290

Year-over-Year Comparison

	2024	2023	Change
Revenue	$525,141	$208,322	+1.5%
Expenses	$386,290	$247,205	+0.6%
Net Income	$138,851	$-38,883	-4.6%

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

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
MICHAEL GOMIA	POST COMMANDER	20.00	Officer	$0	$0	$0
RANDY HOWARD	CHAPLAIN	0.00	Officer	$0	$0	$0
JEFF MANNING	FINANCE	0.00	Officer	$0	$0	$0
BRUCE WHITAKER	ADJUTANT	0.00	Officer	$0	$0	$0
CHRIS COOLEY	1ST VICE COMMANDER	0.00	Officer	$0	$0	$0
DAN HANDY	2ND VICE COMMANDER	0.00	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	$525,141	$386,290	$267,063	$138,851
2023	$208,322	$247,205	$129,131	$-38,883
2022	$243,253	$216,408	$166,467	$26,845
2021	$213,112	$192,925	$141,014	$20,187
2020	$188,946	$166,500	$118,815	$22,446
2019	$156,289	$156,491	$96,142	$-202
2018	$173,322	$177,555	$95,756	$-4,233

AMERICAN LEGION POST 218