ROSELLE AMERICAN LEGION CHARITABLE FOUNDATION

EIN: 364594843 501(c)(3) Public & Societal Benefit

ROSELLE, IL

Total Revenue
$29,064
Total Expenses
$43,645
Total Assets
$326,994
Net Assets
$326,994
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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
IL
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

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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 (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

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Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
25

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
3
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
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
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