AMERICAN LEGION POST 232 (EIN 356076979) - 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

1937

Legal Domicile

Principal Officer

CHESTER COLVIN

Phone

2198057590

Tax Period

2023-01-01 to 2023-12-31

AMERICAN LEGION POST 232, founded in 1937, is a micro nonprofit that reported $84K in total revenue in fiscal year 2023. Revenue fell 32% from the prior year — a significant decline worth monitoring. Expenses of $72K left a modest 13% surplus.

Mission

VETERAN'S ORGANIZATION TO PROMOTE THE WELL-BEING OF VETERANS AND UPHOLD THE TRADITIONS AND IDEALS OF THE AMERICAN LEGION. TO FURTHER AID AND ASSIST IN THE GOALS OF VETERANS AND THEIR FAMILITES AND A FRATERNAL ORGANIZATION.

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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 $16,796

Program Service Revenue $5,998

Investment Income $9

Other Revenue $60,908

TOTAL REVENUE $83,711

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,203

Fundraising Expenses $0

Program Expenses $31,827

Other Expenses $48,766

TOTAL EXPENSES $72,469

Year-over-Year Comparison

	2023	2022	Change
Revenue	$83,711	$123,432	-0.3%
Expenses	$72,469	$90,820	-0.2%
Net Income	$11,242	$32,612	-0.7%

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

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
CHESTER COLVIN	Commander	10.00	Director	$0	$0	$0
ALBERT VILLARRUEL	Director	10.00	Director	$0	$0	$0
JERRY KOSS	Vice Car	10.00	Director	$0	$0	$0
JAMES HUDSON	Adjutant	10.00	Director	$0	$0	$0
RICK CHMIELIK	Director	10.00	Director	$0	$0	$0
TOM SOMERVILLE	Treasurer	10.00	Director	$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	No data	No data	No data	No data
2023	$83,711	$72,469	$144,930	$11,242
2022	$123,432	$90,820	$132,897	$32,612
2021	$208,839	$152,932	$119,584	$55,907
2020	$78,986	$84,271	$59,494	$-5,285
2019	$141,468	$146,684	$55,022	$-5,216
2018	$164,522	$132,775	$67,075	$31,747

AMERICAN LEGION POST 232