AMERICAN LEGION GEORGE W BENJAMIN POST #791 (EIN 366095737) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1936

Legal Domicile

Principal Officer

MICHAEL KORMAN

Phone

8474217892

Tax Period

2024-08-01 to 2025-07-31

AMERICAN LEGION GEORGE W BENJAMIN POST #791, founded in 1936, is a micro nonprofit that reported $53K in total revenue in fiscal year 2024. Revenue surged 57% from the prior year, signaling strong growth momentum. Expenses of $85K exceeded revenue, resulting in a 62% operating deficit.

Mission

TO PROVIDE A MEETING PLACE FOR AREA VETERANS AND THEIR FAMALIES. TO PROMOTE COMMUNITY AWARENESS OF THE AMERICAN LEGION, ITS MISSION AND VETERAN ISSUES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $9,114

Program Service Revenue $0

Investment Income $43,398

Other Revenue $0

TOTAL REVENUE $52,512

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $62,054

Other Expenses $85,208

TOTAL EXPENSES $85,208

Year-over-Year Comparison

	2024	2023	Change
Revenue	$52,512	$33,548	+0.6%
Expenses	$85,208	$73,543	+0.2%
Net Income	$-32,696	$-39,995	-0.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

112

Independent Members

112

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
MICHAEL KORMAN	COMMANDER	5	Officer	$0	$0	$0
THOMAS MAHONEY	SENIOR VICE COMMANDER	5	Officer	$0	$0	$0
RICHARD KENNEDY	JUNIOR VICE COMMANDER	7	Officer	$0	$0	$0
THOMAS COOGAN	FINANCE OFFICER	5	Officer	$0	$0	$0
JAMES KAROL	TREASURER	7	Officer	$0	$0	$0
ROBERT HOLT	JUDGE ADVOCATE	7	Officer	$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	$52,512	$85,208	$764,899	$-32,696
2024	$33,548	$73,543	$746,791	$-39,995
2023	$19,753	$70,523	$703,624	$-50,770
2022	$94,829	$77,564	$712,999	$17,265
2021	$24,605	$66,299	$635,312	$-41,694
2020	$209,402	$60,532	$677,006	$148,870
2019	$85,138	$80,634	$528,585	$4,504
2018	$37,929	$85,468	$524,081	$-47,539

AMERICAN LEGION GEORGE W BENJAMIN POST #791