AMERICAN LEGION POST 292 (EIN 350839527) - 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

1920

Legal Domicile

Principal Officer

CHRIS WANDSTRAT

Tax Period

2023-01-01 to 2023-12-31

AMERICAN LEGION POST 292, founded in 1920, is a micro nonprofit that reported $22K in total revenue in fiscal year 2023. Revenue fell 48% from the prior year — a significant decline worth monitoring. Expenses of $46K exceeded revenue, resulting in a 107% operating deficit.

Mission

To maintain a club for members of the American Legion and to promote fellowship and support for fellow veterans.

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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 $5,853

Program Service Revenue $0

Investment Income $386

Other Revenue $16,099

TOTAL REVENUE $22,338

Expense Breakdown

Grants Paid $0

Salaries & Benefits $10,088

Fundraising Expenses $0

Other Expenses $36,047

TOTAL EXPENSES $46,135

Year-over-Year Comparison

	2023	2022	Change
Revenue	$22,338	$43,311	-0.5%
Expenses	$46,135	$35,708	+0.3%
Net Income	$-23,797	$7,603	-4.1%

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

100

Independent Members

100

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
CHRIS WANDSTRAT	FINANCE OFFICER	005.00	Officer	$0	$0	$0
ROB THEIS	COMMANDER	005.00	Officer	$0	$0	$0
MIKE FORTNER	ADJUTANT	005.00	Officer	$0	$0	$0
ERNIE STANO	TRUSTEE	005.00	Officer	$0	$0	$0
MELVIN KING	TRUSTEE	005.00	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$22,338	$46,135	$174,449	$-23,797
2022	$43,311	$35,708	$198,246	$7,603
2021	$39,866	$37,426	$320,643	$2,440
2020	$42,118	$52,213	$318,203	$-10,095
2019	$108,157	$46,665	$328,298	$61,492
2018	$76,860	$34,955	$266,806	$41,905

AMERICAN LEGION POST 292