American Legion Memorial Home Corp

EIN: 370154006

Springfield, IL

Total Revenue
$-13,861
Total Expenses
N/A
Total Assets
$502,535
Net Assets
$182,045
🔒

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
1938
Legal Domicile
IL
Principal Officer
Michael E Walton
Phone
2175233415
Tax Period
2020-10-01 to 2021-09-30

American Legion Memorial Home Corp, founded in 1938, is a micro nonprofit that reported $14K in total revenue in fiscal year 2020.

Mission

The American Legion Memorial Home Corp was organized for the exclusive purpose of holding title to the Post property, collecting rent, and using that rent to pay for the upkeep of the property.

🔒

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 (2020)

Revenue Breakdown

Contributions & Grants $14,807
Program Service Revenue $0
Investment Income $4,141
Other Revenue $-32,809
TOTAL REVENUE $-13,861

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2020 2019 Change
Revenue $-13,861 $-51,359 -0.7%
Expenses N/A N/A N/A
Net Income N/A $-51,359 N/A
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
7
Independent Members
7
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
2
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Wilbur Baumann Member 10.00
Director
$0 $0 $0
Paul Peavy Commander 5.00
Director
$0 $0 $0
Cynthia Robbins Sr Vice Command 5.00
Director
$0 $0 $0
Robert Wesley Jr Vice Command 5.00
Director
$0 $0 $0
Ronald Halberg Jr Member 5.00
Director
$0 $0 $0
Michael E Walton President 10.00
Officer
$0 $0 $0
Gerald Belatti Secretary 10.00
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
2021 $-13,861 No data $502,535 No data
2020 $-51,359 No data $529,511 No data
Explore More Nonprofits
→Top 100 Nonprofits in Illinois →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare American Legion Memorial Home Corp 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.