ROSELLE AMERICAN LEGION CHARITABLE… - 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

2006

Legal Domicile

Principal Officer

MICHAEL FENNELL

Phone

6308948524

Tax Period

2023-05-01 to 2024-04-30

ROSELLE AMERICAN LEGION CHARITABLE FOUNDATION, founded in 2006, is a micro nonprofit in the Public & Societal Benefit sector that reported $29K in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $44K exceeded revenue, resulting in a 50% operating deficit.

Mission

STATEMENT OF PROGRAM SERVICES ACCOMPLISHMENTS; PRIMARY EXEMPT PURPOSE THE ORGANIZATIONS PURPOSE IS TO PROMOTE THE PRINCIPLES AND POLICIES AS SET FORTH IN THE PREAMBLE AND THE NATIONAL AND DEPARTMENTAL CONSTITUIONS OF THE AMERICAN LEGION. FURTHER, THE PURPOSE OF THE ORGANIZATION SHALL BE TO SUPPORT THE HEALTH AND

Program Service Accomplishments

Program 1

Expenses: $0 Revenue: $609

GIFT TO YANKS WHO GAVE PROGRAM. THIS PROGRAM IS A STATEWIDE AMERICAN LEGION PROGRAM PROVIDING COMFORT ITEMS TO OVER 1000 HOSPITALIZED VETERANS.

Program 2

Expenses: $3,419 Revenue: $1,350

PROGRAM SEEKING FUNDS TO MAINTAIN MEMORIAL HONORING VETERANS LOCATED AT IRVING PARK RD AND PARK ST., ROSELLE, IL.

Program 3

Expenses: $39,451 Revenue: $27,714

LOCAL CHARITABLE ORGANIZATIONS AND VETERAN ORGANIZATIONS PROGRAM AID AND ASSISTS IN DONATING FUNDS TO HELP THESE ORGANIZATION ACHIEVE THERE OWN CHARITABLE PROGRAM GOALS, TO INCLUDE: AMERICAN VETERANS SERVICE DOG ACADEMY - $5,000; AMERICAN LEGION OPERATION COMFORT WARRIORS - $2,000; ELMHURST ELKS LODGE - $1,000; MIDWEST SHELTER FOR HOMELESS VETERANS - $2,500; VETERANS PATH TO HOPE - $2,000; HONOR FLIGHT CHICAGO - $1,000; AMERICAN LEGION NATIONAL EMERGENCY FUND - $2,000; ROSELLE COMMUNITY FOOD PANTRY - $2,500; RUSH UNIVERSITY MEDICAL CENTER - $2,000; MIA RECOVERY - $500; AMERICAN LEGION AUXILIARY WORK - $3,000; 3 COLLEGES FOR SCHOLARSHIPS - $4,500

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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 $14,364

Program Service Revenue $0

Investment Income $0

Other Revenue $14,700

TOTAL REVENUE $29,064

Expense Breakdown

Grants Paid $28,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $42,870

Other Expenses $15,645

TOTAL EXPENSES $43,645

Year-over-Year Comparison

	2023	2022	Change
Revenue	$29,064	$25,798	+0.1%
Expenses	$43,645	$31,988	+0.4%
Net Income	$-14,581	$-6,190	+1.4%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TYRUS COBB	PRESIDENT	2.00	Officer	$0	$0	$0
MICHAEL FENNELL	TREASURER	2.00	Officer	$0	$0	$0
JOSEPH R SCHALBERG	SECRETARY	2.00	Officer	$0	$0	$0
EDMOND G POTTLE	DIRECTOR	2.00	Director	$0	$0	$0
RUSSELL L BEAN	DIRECTOR	2.00	Director	$0	$0	$0
GEORGE EIERMANN	DIRECTOR	2.00	Director	$0	$0	$0
RONALD J WALEROWICZ	DIRECTOR	2.00	Director	$0	$0	$0
ROBERT DREKSLER	SAL DIRECTOR	2.00	Director	$0	$0	$0
KATHY FITZPATRICK	AUXILIARY DIRECTOR	2.00	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
2025	No data	No data	No data	No data
2024	$29,064	$43,645	$326,994	$-14,581
2023	$25,798	$31,988	$341,575	$-6,190
2022	$19,107	$27,932	$347,765	$-8,825
2021	$12,565	$31,528	$356,590	$-18,963
2020	$25,175	$40,749	$375,553	$-15,574
2019	$24,500	$44,935	$391,127	$-20,435

ROSELLE AMERICAN LEGION CHARITABLE FOUNDATION