American Legion Post 0054 Hobart (EIN 356025929) - 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

1925

Legal Domicile

Principal Officer

Michael McCombs

Phone

2193847865

Tax Period

2022-07-01 to 2023-06-30

American Legion Post 0054 Hobart, founded in 1925, is a micro nonprofit that reported $5K in total revenue in fiscal year 2022. Expenses of $24K exceeded revenue, resulting in a 404% operating deficit.

Mission

To provide a social environment and activities for 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 (2022)

Revenue Breakdown

Contributions & Grants $4,733

Program Service Revenue $0

Investment Income $89

Other Revenue $0

TOTAL REVENUE $4,822

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $24,324

TOTAL EXPENSES $24,324

Year-over-Year Comparison

	2022	2021	Change
Revenue	$4,822	$-183,757	-1.0%
Expenses	$24,324	$8,926	+1.7%
Net Income	$-19,502	$-192,683	-0.9%

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

Independent Members

Employees

N/A

Volunteers

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	Role	Reportable Comp	Other Comp	Total
Bill Cox	Commander	Officer	$0	$0	$0
Martin King	Vice Commander	Officer	$0	$0	$0
Thomas Jackson	Vice Commander	Officer	$0	$0	$0
Michael McCombs	Finance Officer	Officer	$0	$0	$0
Michael McCombs	Adjutant	Officer	$0	$0	$0
Rick Sapper	Sergeant at Arms	Officer	$0	$0	$0
Howard Strickler	Historian	Officer	$0	$0	$0
Dwight Boyd	Chaplin	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
2023	$4,822	$24,324	$238,561	$-19,502
2022	$-183,757	$8,926	$259,549	$-192,683

American Legion Post 0054 Hobart