AMERICAN LEGION GEORGE W BENJAMIN POST #791

EIN: 366095737

NORTHBROOK, IL

Total Revenue
$52,512
Total Expenses
$85,208
Total Assets
$764,899
Net Assets
$764,899
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1936
Legal Domicile
IL
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 AND COMMUNITY INVOLVEMENT OPPORTUNITIES FOR AREA VETERANS

Program Service Accomplishments

Program 1
Expenses: $48,604 Revenue: $5,395

PROVIDE A MEETING PLACE AND COMMUNITY INVOLVEMENT OPPORTUNITIES FOR AREA VETERANS

Program 2
Expenses: $9,271 Revenue: $0

CHARITABLE GIVING INCLUDING SCHOLARSHIPS FOR CHILDREN OF AREA VETERANS AND CIVIC AWARDS

Program 3
Expenses: $4,179

SPECIAL HOLIDAY EVENTS INCLUDING MEMORIAL DAY AND VETERANS DAY EVENTS

🔒

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%)

Sign In — Free (10 views/day)

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

Sign In

Governance

Voting Members
112
Independent Members
112
Employees
N/A
Volunteers
20

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
0
$0
Key Employees
0
$0
Highest Compensated
0
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
Explore More Nonprofits
→Top 100 Nonprofits in Illinois →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare AMERICAN LEGION GEORGE W BENJAMIN POST #791 with other nonprofits in Illinois and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.