THOMAS E HARTUNG AMERICAN LEGION POST #1977

EIN: 363356283

NEW LENOX, IL

Total Revenue
$260,556
Total Expenses
$309,316
Total Assets
$1,859,867
Net Assets
$568,768
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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
1985
Legal Domicile
IL
Principal Officer
ANTHONY ZIPSIE
Phone
7087285546
Tax Period
2024-01-01 to 2024-12-31

THOMAS E HARTUNG AMERICAN LEGION POST #1977, founded in 1985, is a small nonprofit that reported $261K in total revenue in fiscal year 2024. Expenses of $309K exceeded revenue, resulting in a 19% operating deficit.

Mission

FOR GOD AND COUNTRY, WE ASSOCIATE OURSELVES TOGETHER FOR THE FOLLOWING PURPOSES: TO UPHOLD AND DEFEND THE CONSTITUTION OF THE UNITED STATES OF AMERICA: TO PRESERVE THE MEMORIES AND INCIDENTS OF OUR ASSOCIATIONS IN THE GREAT WARS; TO INCULATE A SENSE OF INDIVIDUAL OBLIGATION TO THE COMMUNITY, STATE AND NATION: TO COMBAT THE AUTOCRACY OF BOTH THE CLASSES AND THE MASSES; TO MAKE RIGHT THE MASTER OF MIGHT; TO PROMOTE PEACE AND GOOD WILL ON EARTH; TO SAFEGUARD AND TRANSMIT TO POSTERITY THE PRINCIPLES OF JUSTICE, FREEDOM AND DEMOCRACY: TO CONSECRATE AND SANCTIFY OUR COMRADESHIP BY OUR DEVOTION TO MUTUAL HELPFULNESS.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $84,041
Program Service Revenue $0
Investment Income $1,235
Other Revenue $175,280
TOTAL REVENUE $260,556

Expense Breakdown

Grants Paid $34,245
Salaries & Benefits $87,189
Fundraising Expenses $0
Other Expenses $187,882
TOTAL EXPENSES $309,316

Year-over-Year Comparison

2024 2023 Change
Revenue $260,556 $253,987 +0.0%
Expenses $309,316 $363,986 -0.2%
Net Income $-48,760 $-109,999 -0.6%
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

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Liquidity & Cash Position

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

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Governance

Voting Members
6
Independent Members
6
Employees
36
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
6
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANTHONY ZIPSIE COMMANDER 15.00
Officer Director
$0 $0 $0
JOHN CAP SENIOR VICE 20.00
Officer Director
$0 $0 $0
EDWARD LEU JUNIOR VICE 20.00
Officer Director
$0 $0 $0
JOSEPH KABELLA FORMER FINANCE OFFICER 20.00
Officer Director
$0 $0 $0
PAT MCLEOUD ADJUTANT 20.00
Officer Director
$0 $0 $0
GEORGE ZIMMERMAN CHAPLAIN 20.00
Officer 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 $260,556 $309,316 $1,859,867 $-48,760
2023 $253,987 $363,986 $1,962,160 $-109,999
2022 $174,207 $242,436 $2,119,687 $-68,229
2021 $360,046 $101,661 $2,153,755 $258,385
2020 $-15,096 $89,869 $1,879,327 $-104,965
2019 $106,229 $143,194 $1,976,779 $-36,965
2018 $86,197 $161,671 $2,051,409 $-75,474
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