CLARE FARWELL AMERICAN LEGION (EIN 382784642) - Form 990 Financial Analysis & Trantor Score

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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

1989

Legal Domicile

Principal Officer

VINCENT P STARK

Phone

9895886069

Tax Period

2023-01-01 to 2023-12-31

CLARE FARWELL AMERICAN LEGION, founded in 1989, is a small nonprofit that reported $182K in total revenue in fiscal year 2023. Revenue surged 40% from the prior year, signaling strong growth momentum. Expenses of $164K left a modest 10% surplus.

Mission

SERVING NEEDY VETERANS AND THEIR FAMILIES - CONDUCTING PATRIOTS DAY, MEMORIAL DAY ACTIVITIES AND COMMUNITY AWARENESS

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $6,473

Program Service Revenue $0

Investment Income $0

Other Revenue $175,962

TOTAL REVENUE $182,435

Expense Breakdown

Grants Paid $0

Salaries & Benefits $91,401

Fundraising Expenses $0

Other Expenses $72,233

TOTAL EXPENSES $163,634

Year-over-Year Comparison

	2023	2022	Change
Revenue	$182,435	$130,438	+0.4%
Expenses	$163,634	$151,065	+0.1%
Net Income	$18,801	$-20,627	-1.9%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRENT COATES	COMMANDER	25.00	Officer	$0	$0	$0
MIKE JENKINS	FINANCE OFFICER	25.00	Officer	$0	$0	$0
VINCENT STARK	1ST VICE COMMANDER	25.00	Officer	$0	$0	$0
VICKI ELLIS	SERVICE OFFICE	25.00	Officer	$0	$0	$0
DAN CRISP	JUDGE ADVOCATE	25.00	Officer	$0	$0	$0
GARY GORDY	CHAPLIN	25.00	Officer	$0	$0	$0
DICK ELLIS	SGT AT ARMS	25.00	Officer	$0	$0	$0
DAVID ARNDT	HISTORIAN	25.00	Officer	$0	$0	$0
ALAN LEVINE	EX BOARD	25.00	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	$182,435	$163,634	$318,612	$18,801
2022	$130,438	$151,065	$270,053	$-20,627
2021	$255,431	$105,617	$280,351	$149,814
2020	$88,525	$59,479	$152,022	$29,046

CLARE FARWELL AMERICAN LEGION