American Legion Endowment Fund Cor… - Form 990 Financial Data

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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

Phone

3176301229

Tax Period

2023-01-01 to 2023-12-31

American Legion Endowment Fund Corporation, founded in 1925, is a community nonprofit in the Public & Societal Benefit sector that reported $1.1M in total revenue in fiscal year 2023. Revenue decreased 19% compared to the prior year. The organization ran a surplus of $658K, a strong 60% operating margin.

Mission

The American Legion Endowment Fund provides financial support for the organization's Veterans Affairs & Rehabilitation services and Children & Youth programs, including Temporary Financial Assistance in the form of cash grants to provide basic needs of veteran and military families with minor children at home.

Program Service Accomplishments

Program 1

Expenses: $358,908 Revenue: $0

Income from fund investments is passed on to the veterans affairs and rehabilitation and child welfare programs of American Legion National Headquarters. Some of the funds assist the veterans affairs and rehabilitation division with the following programs: 1. Provides funds for two annual department service officer's schools. Training is provided to these individuals to bring them up to date on the latest changes in department of veteran affairs and the United States Court of Appeals for veterans claims regulations, procedures and laws, respectively. 2. Provides funds for the American Legion and National Veterans Legal Services Program (NVLP) internship program, which provides training to legion staff assigned to the Board of Veterans Appeals (BVA) and to department service officers on temporary assignment to the BVA. 3. Partially finances a memorandum of agreement with the National Veterans Legal Services Program for training of legion service officers and legal representation before federal courts on veterans/claimants appeals considered to be of a precedential-setting nature.

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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 $632,878

Program Service Revenue $0

Investment Income $466,575

Other Revenue $0

TOTAL REVENUE $1,099,453

Expense Breakdown

Grants Paid $358,908

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $358,908

Other Expenses $82,138

TOTAL EXPENSES $441,046

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,099,453	$1,360,387	-0.2%
Expenses	$441,046	$326,152	+0.4%
Net Income	$658,407	$1,034,235	-0.4%

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

$555,820

Total Directors

$74,179

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	TREASURER	1.0	Officer Director	$0	$0	$0
N/A	PRESIDENT	1.0	Officer Director	$0	$0	$0
N/A	VICE PRESIDENT	1.0	Officer Director	$0	$0	$0
N/A	SECRETARY	1.0	Officer Director	$0	$29,511	$74,179
N/A	DIRECTOR	1.0	Director	$0	$0	$0
N/A	DIRECTOR	1.0	Director	$0	$0	$0
N/A	DIRECTOR	1.0	Director	$0	$0	$0
N/A	DIRECTOR	1.0	Director	$0	$0	$0
N/A	DIRECTOR	1.0	Director	$0	$0	$0
N/A	DIRECTOR	1.0	Director	$0	$0	$0
N/A	National Treasurer	1.0	Officer	$0	$147,872	$481,641

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	No data	No data	No data	No data
2023	$1,099,453	$441,046	$18,110,262	$658,407
2022	$1,360,387	$326,152	$17,181,418	$1,034,235
2021	$4,452,853	$348,678	$17,175,096	$4,104,175
2020	$1,011,120	$301,555	$13,215,666	$709,565
2019	$1,431,909	$282,824	$12,014,447	$1,149,085
2018	$852,410	$282,729	$10,600,189	$569,681

American Legion Endowment Fund Corporation