AMERICAN LEGION POST 554 KNOX HELMS

EIN: 381992965

MORLEY, MI

Total Revenue
$262,657
Total Expenses
$192,220
Total Assets
$399,874
Net Assets
$399,874
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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
1949
Legal Domicile
MI
Principal Officer
MIKE ONEIL
Tax Period
2023-01-01 to 2023-12-31

AMERICAN LEGION POST 554 KNOX HELMS, founded in 1949, is a small nonprofit that reported $263K in total revenue in fiscal year 2023. Revenue surged 46% from the prior year, signaling strong growth momentum. The organization ran a surplus of $70K, a strong 27% operating margin.

Mission

HONOR VETERANS & VET ASSIST

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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 $5,431
Program Service Revenue $9,388
Investment Income $0
Other Revenue $247,838
TOTAL REVENUE $262,657

Expense Breakdown

Grants Paid $0
Salaries & Benefits $74,681
Fundraising Expenses $0
Program Expenses $3,387
Other Expenses $117,539
TOTAL EXPENSES $192,220

Year-over-Year Comparison

2023 2022 Change
Revenue $262,657 $179,384 +0.5%
Expenses $192,220 $162,330 +0.2%
Net Income $70,437 $17,054 +3.1%
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
162
Independent Members
162
Employees
14
Volunteers
N/A

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
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TOM SMITH FINANCE OFF 1.00
Officer
$0 $0 $0
WAYNE BENSON ADJUTANT 5.00
Officer
$0 $0 $0
MIKE ONEIL COMMANDER 50.00
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 $262,657 $192,220 $399,874 $70,437
2022 $179,384 $162,330 $329,437 $17,054
2021 $202,018 $182,141 $312,383 $19,877
2020 $96,746 $108,282 $292,506 $-11,536
2019 $174,799 $152,766 $313,222 $22,033
2018 $208,805 $227,117 $307,486 $-18,312
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