AMERICAN LEGION POST 596

EIN: 370640283 Public & Societal Benefit

RIDGWAY, IL

Total Revenue
$139,153
Total Expenses
$122,703
Total Assets
$102,012
Net Assets
$102,012
🔒

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
1955
Legal Domicile
IL
Principal Officer
TED STONE
Phone
6182728561
Tax Period
2024-01-01 to 2024-12-31

AMERICAN LEGION POST 596, founded in 1955, is a small nonprofit in the Public & Societal Benefit sector that reported $125K in total revenue in fiscal year 2023. Revenue surged 33% from the prior year, signaling strong growth momentum. Expenses of $118K left a modest 6% surplus.

Mission

THE AMERICAN LEGION IS ORGANIZED TO PROVIDE A CLUB WHERE VETERANS CAN SOCIALIZE WITH OTHER VETERANS.

🔒

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 $1,622
Program Service Revenue $0
Investment Income $4
Other Revenue $137,527
TOTAL REVENUE $139,153

Expense Breakdown

Grants Paid $140
Salaries & Benefits $66,997
Fundraising Expenses $0
Program Expenses $280
Other Expenses $54,162
TOTAL EXPENSES $122,703

Year-over-Year Comparison

2024 2023 Change
Revenue $139,153 $124,783 +0.1%
Expenses $122,703 $117,708 +0.0%
Net Income $16,450 $7,075 +1.3%
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
30
Independent Members
30
Employees
6
Volunteers
10

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
0
$0
Key Employees
1
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN SHEA COMMANDER 001.00
Officer
$0 $0 $0
DAVID E FROMM OFFICER 001.00
Officer
$0 $0 $0
LOIS BURTON ADJUSTANT 004.00
Officer
$0 $0 $0
TED STONE MANAGER 020.00
Key Emp
$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
2024 $139,153 $122,703 $102,012 $16,450
2023 $124,783 $117,708 $112,521 $7,075
Explore More Nonprofits
→Top 100 Nonprofits in Illinois →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare AMERICAN LEGION POST 596 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.