AMERICAN LEGION POST 568

EIN: 370652380

GIBSON CITY, IL

Total Revenue
$238,723
Total Expenses
$168,583
Total Assets
$616,268
Net Assets
$616,268
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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
1921
Legal Domicile
IL
Principal Officer
DENNIS TROYER
Tax Period
2023-01-01 to 2023-12-31

AMERICAN LEGION POST 568, founded in 1921, is a small nonprofit that reported $239K in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year. The organization ran a surplus of $70K, a strong 29% operating margin.

Mission

TO AID VETERANS

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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 $2,835
Program Service Revenue $0
Investment Income $0
Other Revenue $235,888
TOTAL REVENUE $238,723

Expense Breakdown

Grants Paid $0
Salaries & Benefits $76,197
Fundraising Expenses $0
Program Expenses $168,583
Other Expenses $89,551
TOTAL EXPENSES $168,583

Year-over-Year Comparison

2023 2022 Change
Revenue $238,723 $254,088 -0.1%
Expenses $168,583 $159,466 +0.1%
Net Income $70,140 $94,622 -0.3%
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
81
Independent Members
81
Employees
N/A
Volunteers
81

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
4
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RCHARD F MOXLEY VICE-COMMANDER 10.00
Officer Director
$0 $0 $0
JAMES SOMMER SECTRES 10.00
Officer Director
$0 $0 $0
DENNIS TROYER COMMANDER 30.00
Officer Director
$0 $0 $0
HAROLD L GROOM FINANCE OFFICER 20.00
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
2024 No data No data No data No data
2023 $238,723 $168,583 $616,268 $70,140
2022 $254,088 $159,466 $546,128 $94,622
2021 $188,777 $90,422 $451,506 $98,355
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