AMERICAN LEGION POST 124 (EIN 356046060) - 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

1946

Legal Domicile

Phone

8123671241

Tax Period

2024-01-01 to 2024-12-31

AMERICAN LEGION POST 124, founded in 1946, is a small nonprofit that reported $288K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $67K, a strong 23% operating margin.

Mission

AMERICAN LEGION POST 124 PROVIDES SOCIAL QUARTERS FOR VETERANS, MILITARY FUNERAL SERVICES, FOSTERS AMERICANISM, PRESERVES THE MEMORIES OF ALL WARS, INSTILLS COMMUNITY SPIRIT, SUPPORTS FLAG EDUCATION, AND SCHOLARSHIPS FOR YOUTH.

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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 (2024)

Revenue Breakdown

Contributions & Grants $42,163

Program Service Revenue $9,233

Investment Income $2,528

Other Revenue $234,464

TOTAL REVENUE $288,388

Expense Breakdown

Grants Paid $0

Salaries & Benefits $133,037

Fundraising Expenses $0

Program Expenses $211,610

Other Expenses $88,117

TOTAL EXPENSES $221,154

Year-over-Year Comparison

	2024	2023	Change
Revenue	$288,388	$264,883	+0.1%
Expenses	$221,154	$184,452	+0.2%
Net Income	$67,234	$80,431	-0.2%

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

N/A

Employees

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
KENT SCHREINER	COMMANDER	5.00	Officer	$0	$0	$0
VICTOR BEGLE	ADJUTANT	5.00	Officer	$0	$0	$0
DAVID GAESSER	CHAIRMAN HOUSE COMMITTEE	5.00	Officer	$0	$0	$0
DANIEL BETTAG	FINANCE OFFICER	5.00	Officer	$0	$0	$0
JAN JOCHEM	ACCOUNTANT	15.00	Officer	$0	$0	$0
KENNETH FISCHER	1ST VICE COMMANDER	5.00	Officer	$0	$0	$0
STANLEY FISCHER	SGT OF ARMS	5.00	Officer	$0	$0	$0
ALLEN BERGER	SERVICE OFFICER	5.00	Officer	$0	$0	$0
PATTY SEITZ	MANAGER	40.00	Key Emp	$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	$288,388	$221,154	$280,839	$67,234
2023	$264,883	$184,452	$213,605	$80,431
2022	$194,296	$199,253	$133,174	$-4,957
2021	$165,384	$150,221	$138,131	$15,163
2020	$142,314	$136,662	$122,968	$5,652

AMERICAN LEGION POST 124