American Legion 49 Wilmington Veterans (EIN 310599268) - 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

1954

Legal Domicile

Phone

9373822219

Tax Period

2023-01-01 to 2023-12-31

American Legion 49 Wilmington Veterans, founded in 1954, is a small nonprofit that reported $538K in total revenue in fiscal year 2023. Revenue surged 34% from the prior year, signaling strong growth momentum. Expenses of $472K left a modest 12% surplus.

Mission

To conduct a local unit known as a Post of the American Legion To hold title to real estate and personal property, which is to be used for the pleasure, convenience and benefit of the Post and for carrying out its patriotic, civic, and social purposes.

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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 $176,452

Program Service Revenue $0

Investment Income $3,272

Other Revenue $358,102

TOTAL REVENUE $537,826

Expense Breakdown

Grants Paid $0

Salaries & Benefits $56,230

Fundraising Expenses $0

Other Expenses $415,780

TOTAL EXPENSES $472,010

Year-over-Year Comparison

	2023	2022	Change
Revenue	$537,826	$401,586	+0.3%
Expenses	$472,010	$312,882	+0.5%
Net Income	$65,816	$88,704	-0.3%

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

480

Independent Members

N/A

Employees

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
Jim Cook	President	5.00	Officer	$0	$0	$0
Charles Shoemaker	Treasurer	5.00	Officer	$0	$0	$0
Dennis Hasz	Trustee	5.00	Officer	$0	$0	$0
Joe Noland	Trustee	10.00	Officer	$0	$0	$0
Bob Rich	Vice President	5.00	Officer	$0	$0	$0
Dusty Camp	Trustee	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	$537,826	$472,010	$649,057	$65,816
2022	$401,586	$312,882	$582,725	$88,704
2021	$312,340	$256,449	$493,503	$55,891
2020	$161,925	$164,983	$438,180	$-3,058
2019	$235,479	$262,800	$441,234	$-27,321
2018	$297,130	$254,556	$516,576	$42,574

American Legion 49 Wilmington Veterans