AMERICAN LEGION POST 6

EIN: 350144260

KOKOMO, IN

Total Revenue
$920,330
Total Expenses
$843,260
Total Assets
$223,664
Net Assets
$218,707
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1935
Legal Domicile
IN
Principal Officer
DAN WILSON
Phone
7654532501
Tax Period
2024-01-01 to 2024-12-31

AMERICAN LEGION POST 6, founded in 1935, is a small nonprofit that reported $920K in total revenue in fiscal year 2024. Expenses of $843K left a modest 8% surplus.

Mission

FROM OUR CONSTITUTION "TO UPHOLD & DEFEND THE CONSTITUTION OF THE UNITED STATES", "TO FOSTER AND PERPETUATE A 100% AMERICANISM", "TO INCULTATE A SENSE OF INDIVIDUAL OBLIGATION TO THE COMMUNITY", & "SANCTIFY OUR COMRADESHIP BY OUR DEVOTION TO MUTUAL HELPFULNESS"

Program Service Accomplishments

Program 1

PART OF THE AMERICAN LEGION'S MISSION IS TO SERVE THE COMMUNITY; WE PROVIDE A PUBLIC GOLF COURSE FOR AREA RESIDENTS, AS PART OF ITS LEASE AGREEMENT WITH THE CITY OF KOKOMO. THE COST IS LESS THAN...

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PART OF THE AMERICAN LEGION'S MISSION IS TO SERVE THE COMMUNITY; WE PROVIDE A PUBLIC GOLF COURSE FOR AREA RESIDENTS, AS PART OF ITS LEASE AGREEMENT WITH THE CITY OF KOKOMO. THE COST IS LESS THAN OTHER AREA MUNICIPAL GOLF COURSES IN THE REGION. AS PART OF ITS COMMITMENT TO THE COMMUNITY THE COURSE PROVIDES FREE AND REDUCED MEMBERSHIPS TO JUNIORS, SENIORS, AND GOVERMENT EMPLOYEES.

Program 2

THE POST CONDUCTS VARIOUS ACTIVITIES "TO FOSTER AND PERPETUATE A 100 PERCENT AMERICANISM'. MANY OF THESE ACTIVITIES ARE FOCUSED ON VETERANS AND CURRENT MILITARY. THEY PROVIDE SUPPORT TO THE MARION...

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THE POST CONDUCTS VARIOUS ACTIVITIES "TO FOSTER AND PERPETUATE A 100 PERCENT AMERICANISM'. MANY OF THESE ACTIVITIES ARE FOCUSED ON VETERANS AND CURRENT MILITARY. THEY PROVIDE SUPPORT TO THE MARION VA, CONDUCT CERMONIES HONORING OUR VETERANS, SUPPORT PROGRAMS ASSISTING DISABLE & IN NEED VETERANS, AND OTHER SIMILAR ENDEAVORS. THEY PROVIDE FINANICAL SUPPORT TO THE AMERICAN LEGION BASEBALL PROGRAM. THEY HELP SUPPORT LOCAL YOUTH BY CONDUCTING EVENTS FOCUSED ON THE HOLIDAYS, IN PARTICULAR GIFTS TO NEEDY CHILDREN DURING THE CHRISTMAS SEASON & A CONTEST PROMOTING AMERICANISM AT LOCAL SCHOOLS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $33,396
Program Service Revenue $778,953
Investment Income $29,610
Other Revenue $78,371
TOTAL REVENUE $920,330

Expense Breakdown

Grants Paid $0
Salaries & Benefits $300,898
Fundraising Expenses $0
Other Expenses $542,362
TOTAL EXPENSES $843,260

Year-over-Year Comparison

2024 2023 Change
Revenue $920,330 $852,740 +0.1%
Expenses $843,260 $775,833 +0.1%
Net Income $77,070 $76,907 +0.0%
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

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Liquidity & Cash Position

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Governance

Voting Members
17
Independent Members
17
Employees
30
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
3
$0
Total Directors
3
$8,640
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN LOWE TRUSTEE 20.00
Director
$8,640 $0 $8,640
JERRY MITCHELL TRUSTEE N/A
Director
$0 $0 $0
RICHARD PARKS TRUSTEE N/A
Director
$0 $0 $0
SAMUEL BOSUM FINANCE OFFI N/A
Officer
$0 $0 $0
JOHN HAWKINS 1ST VICE N/A
Officer
$0 $0 $0
DAN WILSON COMMANDER N/A
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 $920,330 $843,260 $223,664 $77,070
2023 $852,740 $775,833 $165,098 $76,907
2021 $692,001 $656,634 $145,798 $35,367
2020 $476,664 $519,888 $147,943 $-43,224
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