AMERICAN LEGION POST NO 61

EIN: 350844876

SHOALS, IN

Total Revenue
$87,635
Total Expenses
$97,720
Total Assets
$144,153
Net Assets
$142,658
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1933
Legal Domicile
IN
Principal Officer
JAMES R HAMBY JR
Phone
8122472821
Tax Period
2024-07-01 to 2025-06-30

AMERICAN LEGION POST NO 61, founded in 1933, is a micro nonprofit that reported $88K in total revenue in fiscal year 2024. Revenue fell 28% from the prior year — a significant decline worth monitoring. Expenses of $98K exceeded revenue, resulting in a 12% operating deficit.

Mission

SOCIAL QUARTERS FOR VETERANS

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $19,244
Program Service Revenue $0
Investment Income $2,707
Other Revenue $65,684
TOTAL REVENUE $87,635

Expense Breakdown

Grants Paid $5,290
Salaries & Benefits $36,160
Fundraising Expenses $0
Other Expenses $56,270
TOTAL EXPENSES $97,720

Year-over-Year Comparison

2024 2023 Change
Revenue $87,635 $121,124 -0.3%
Expenses $97,720 $93,683 +0.0%
Net Income $-10,085 $27,441 -1.4%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
4
Independent Members
4
Employees
12
Volunteers
220

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
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMES R HAMBY JR COMMANDER 10.00
Officer
$0 $0 $0
JAMES B HAWKINS FINANCIAL OF 24.00
Officer
$0 $0 $0
TERRY HESLIN ADJUTANT 10.00
Officer
$0 $0 $0
ROBIN HAULK 1ST VICE COM 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
2025 $87,635 $97,720 $144,153 $-10,085
2024 $121,124 $93,683 $162,894 $27,441
2023 $122,003 $123,003 $126,348 $-1,000
2022 $133,141 $120,652 $128,719 $12,489
2021 $118,472 $94,256 $124,575 $24,216
2021 $118,472 $99,838 $118,994 $18,634
Explore More Nonprofits
→Top 100 Nonprofits in Indiana →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare AMERICAN LEGION POST NO 61 with other nonprofits in Indiana and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.