AMERICAN LEGION POST 368

EIN: 363487485

BACKUS, MN

Total Revenue
$259,136
Total Expenses
$189,950
Total Assets
$634,818
Net Assets
$627,959
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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
1960
Legal Domicile
MN
Principal Officer
SUE NICHAUSE
Phone
2189473156
Tax Period
2024-01-01 to 2024-12-31

AMERICAN LEGION POST 368, founded in 1960, is a small nonprofit that reported $259K in total revenue in fiscal year 2024. Revenue surged 35% from the prior year, signaling strong growth momentum. The organization ran a surplus of $69K, a strong 27% operating margin.

Mission

VETERAN AND PUBLIC SERVICES.

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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 $27,299
Program Service Revenue $0
Investment Income $4,697
Other Revenue $227,140
TOTAL REVENUE $259,136

Expense Breakdown

Grants Paid $0
Salaries & Benefits $120,525
Fundraising Expenses $0
Other Expenses $69,425
TOTAL EXPENSES $189,950

Year-over-Year Comparison

2024 2023 Change
Revenue $259,136 $192,241 +0.3%
Expenses $189,950 $179,399 +0.1%
Net Income $69,186 $12,842 +4.4%
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

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Governance

Voting Members
9
Independent Members
N/A
Employees
20
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
4
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KARL FLIER FIRST VICE N/A
Officer Director
$0 $0 $0
LES KUNDE ADJUTANT N/A
Officer Director
$0 $0 $0
SUE NICHAUSE COMMANDER N/A
Officer Director
$0 $0 $0
NICK NOWACKI SECOND VICE N/A
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 $259,136 $189,950 $634,818 $69,186
2023 $192,241 $179,399 $567,543 $12,842
2022 $196,404 $182,531 $559,405 $13,873
2021 $286,087 $123,435 $543,062 $162,652
2020 $109,941 $164,566 $374,388 $-54,625
2019 $217,183 $189,058 $432,565 $28,125
2018 $139,416 $159,858 $403,409 $-20,442
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