AMERICAN LEGION POST 526

EIN: 316049294

FAIRBORN, OH

Total Revenue
$33,000
Total Expenses
$31,312
Total Assets
$816,131
Net Assets
$816,131
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1941
Legal Domicile
OH
Tax Period
2018-01-01 to 2018-12-31

AMERICAN LEGION POST 526, founded in 1941, is a micro nonprofit that reported $33K in total revenue in fiscal year 2018. Revenue decreased 16% compared to the prior year. Expenses of $31K left a modest 5% surplus.

Mission

VETERANS SERVICE.

Program Service Accomplishments

Program 1
Expenses: $31,312 Revenue: $33,000

THE DIGNAM-WHITMORE POST 526 OF THE AMERICAN LEGION HAS CONTINUED ITS TRADITION OF SERVICE TO VETERANS, THEIR WIDOWS, CHILDREN AND THE COMMUNITY IN GENERAL. WE ASSIST VETERANS FROM THE TIME THEY NO...

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THE DIGNAM-WHITMORE POST 526 OF THE AMERICAN LEGION HAS CONTINUED ITS TRADITION OF SERVICE TO VETERANS, THEIR WIDOWS, CHILDREN AND THE COMMUNITY IN GENERAL. WE ASSIST VETERANS FROM THE TIME THEY NO LONGER WEAR THE UNIFORMS OF THEIR SERVICE TO THE FINAL DAY THEY ARE LAID TO REST. THE POST PROVIDES A FORUM FOR VETERANS TO LEARN OF THEIR BENEFITS, DISCUSS CURRENT AND FORTHCOMING CHANGES IN VARIOUS BILLS BEING PROPOSED IN STATE AND NATIONAL LEGISLATURES AND HOW IT WILL IMPACT THEM OR THEIR FAMILIES. OUR CONSISTENT USE OF MEETINGS, NEWSLETTERS AND BULLETIN BOARD ITEMS KEEPS OUR VETERANS APPRISED OF ON-GOING ISSUES. WHEN THE FINAL BELL RINGS FOR THESE MEN AND WOMEN, OUR POST EVERLASTING TEAM IS AVAILABLE TO CONDUCT A CEREMONY HONORING THEIR SERVICE TO THE NATION AND OUR POST FIRING SQUAD PROVIDES THE FINAL 21 GUN SALUTE AT THE GRAVESIDE CEREMONIES. ALL OF THESE ACTIVITIES ARE DONE WITH NO COMPENSATION FROM THE POST. OUR ASSISTANCE DOES NOT CONCLUDE WITH THEIR FINAL GRAVESIDE SERVICES. WE CONTINUE OUR ASSISTANCE TO THE WIDOWS AND CHILDREN OF OUR VETERANS. WE DO THIS BY COUNSELING WITH WIDOWS ON BENEFITS THAT MAY HAVE BEEN ACCRUED BECAUSE OF MILITARY SERVICE, GOVERNMENT SERVICE, INJURIES RECEIVED BECAUSE OF MILITARY SERVICE AND/OR A MYRIAD OF OTHER BENEFITS. WE GUIDE THEM ON THE PREPARATION OF APPROPRIATE DOCUMENTS AND MAKE APPOINTMENTS WITH THE AGENCIES NEEDED TO PROCESS THEIR CLAIMS. WE ASSIST CHILDREN THROUGH OUR VARIOUS PROGRAMS AND SCHOLARSHIPS OFFERED THROUGH OUR LOCAL POST AS WELL AS AT OUR STATE AND NATIONAL LEVELS. WE PROVIDE CHILDREN WITH BOOKLETS AND INFORMATION REGARDING OTHER SCHOLARSHIP OFFERINGS AVAILABLE FROM A VARIETY OF SOURCES THROUGHOUT THE NATION. WE HAVE SONS OF THE LEGION AND JUNIOR AUXILIARY PROGRAMS AVAILABLE FOR THE CHILDREN OF VETERANS THAT INCLUDES PROGRAM AVAILABILITY SUCH AS ATTENDANCE AT BUCKEYE BOYS AND BUCKEYE GIRLS STATE PROGRAMS; AMERICAN LEGION BASEBALL PROGRAMS AND SEMINARS IN A VARIETY OF SUBJECT AREAS.OUR CONCERNS EXTEND BEYOND OUR OWN MEMBERSHIP. IN THE PAST YEAR, WE HAVE DONATED OVER $150,000 TO SUPPORT NATIONAL STATE, AND LOCAL COMMUNITY NEEDS. WE ANNUALLY CONDUCT COMMUNITY-WIDE PROGRAMS ON BOTH MEMORIAL DAY AND VETERANS DAY. THESE CEREMONIES INCLUDE PROGRAMS AT TWO LOCAL CEMETERIES AND ONE PROGRAM AT OUR LOCAL VETERANS MEMORIAL SITE. IN ADDITION TO THE PROGRAMS, WE HOST A COMMUNITY OPEN HOUSE FOR OUR CITIZENS TO ENJOY A FREE LUNCH AFTER EACH PROGRAM. ALSO, IN KEEPING WITH SERVICE TO THE COMMUNITY, WE OFFER OUR FACILITY TO THE DOWNTOWN FAIRBORN BUSINESS ASSOCIATION, THE FAIRBORN PARKS AND RECREATION FOUNDATION AND THE BOY SCOUTS OF AMERICA TO PROVIDE A MEETING PLACE FOR THEIR ACTIVITIES. WE ALSO DONATE OUR HALL FOR THE ANNUAL FAIRBORN CHAMBER OF COMMERCE TASTE OF FAIRBORN PROGRAM AND THE ANNUAL SILENT AUCTION PROGRAMS. LOCAL LITTLE LEAGUE BASEBALL, PEE WEE FOOTBALL, HEAD START, FAIRBORN HIGH SCHOOL SCHOLARSHIP FOUNDATION AND CHURCHES KNOW WHO TO TURN TO FOR ASSISTANCE AND SPONSORSHIP - THE AMERICAN LEGION POST 526. THIS ORGANIZATION HAS BECOME AND WILL CONTINUE TO BE A PILLAR OF STRENGTH AND SUPPORT FOR THE COMMUNITY. OUR REPUTATION AS A SOLID ORGANIZATION BENEFITING EVERYONE IN NEED CONTINUES TO GROW. THE OFFICERS AND LEADERS OF OUR POST DONATE THEIR TIME AND TALENT WITH NO EXPECTATION OF COMPENSATION OR REWARD. WE CONTINUE TO SERVE AS MEMBERS OF THIS ORGANIZATION IN THE SAME MANNER WE HONORABLY SERVED OUR NATION WHEN WE PROUDLY WORE THE UNIFORMS OF OUR RESPECTIVE SERVICES.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $33,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $33,000

Expense Breakdown

Grants Paid $1,504
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $31,312
Other Expenses $21,656
TOTAL EXPENSES $31,312

Year-over-Year Comparison

2018 2017 Change
Revenue $33,000 $39,352 -0.2%
Expenses $31,312 $72,771 -0.6%
Net Income $1,688 $-33,419 -1.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
6
Independent Members
6
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
4
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROGER SLOAN TRUSTEE 10.00
Director
$0 $0 $0
JEFFREY WEST TRUSTEE 5.00
Director
$0 $0 $0
CHARLES KNAUB 1ST VICE 25.00
Officer
$0 $0 $0
KEVIN KNEPP CHAPLAIN 10.00
Officer
$0 $0 $0
DANNY AUSTIN JUDGE ADVOCATE 10.00
Officer
$0 $0 $0
SPENCER CHANEY COMMANDER 10.00
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
2018 $33,000 $31,312 $816,131 $1,688
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