GALIEN, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)AMERICAN LEGION POST 344, founded in 1948, is a small nonprofit in the Public & Societal Benefit sector that reported $112K in total revenue in fiscal year 2023. Revenue fell 40% from the prior year — a significant decline worth monitoring. Expenses of $197K exceeded revenue, resulting in a 75% operating deficit.
We help and support veterans in our area with a place to gather, needed medical devices, provide our building as a community center and fundraising soure. We hold annual Halloween and Christmas parties for children of veterans and provide turkeys at Thanksgiving for needy.
We raise funds through community activities such as monthly car shows during the summer, renting our building, and bingo. We also hold raffles one to two times per year of items donated for the...
We raise funds through community activities such as monthly car shows during the summer, renting our building, and bingo. We also hold raffles one to two times per year of items donated for the pupose of raising funds and have a monthly fish fry. All of the fundraising activites are conducted by our members, who are veterans. All proceeds go the the veteran and community charities listed under exempt purposes. The member veterans are encouraged to make community connections through the fundraising and donation activities we sponsor.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $112,433 | $187,897 | -0.4% |
| Expenses | $197,293 | $121,150 | +0.6% |
| Net Income | $-84,860 | $66,747 | -2.3% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| CHARLES NEUMAN | ADJUNCTCHAPLAIN | 0.00 |
Officer
|
$0 | $0 | $0 |
| DONNIE INGLE | SERVICE OFFICER | 0.00 |
Officer
|
$0 | $0 | $0 |
| LARRY HASSE | SARGENT OF ARMS | 0.00 |
Officer
|
$0 | $0 | $0 |
| DAVID LEE | 2ND VICE COMMANDER | 0.00 |
Officer
|
$0 | $0 | $0 |
| MICHAEL MIDDLEBROOK | FINANCE OFFICER | 0.00 |
Officer
|
$0 | $0 | $0 |
| ED SERAFINO | COMMANDER | 0.00 |
Officer
|
$0 | $0 | $0 |
| NEAL HUMPHREYS | 1st VICE COMMANDER | 0.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $112,433 | $197,293 | $813,293 | $-84,860 |
| 2022 | $187,897 | $121,150 | $903,478 | $66,747 |
Compare AMERICAN LEGION POST 344 with other nonprofits in Michigan and across the country.