Waite Park, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)American Legion Post 428 Silver Star, founded in 1950, is a micro nonprofit that reported $44K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $81K exceeded revenue, resulting in a 86% operating deficit.
The American Legion's Mission is "For God and Country". To uphold and defend the Constitution of the United States of America; to maintain law and order; to foster and perpetuate a 100% Americanism; to preserve the memories and incidents of our associations in the Great Wars; to inculcate a sense of individual obligations to the community, State and Nation; to combat the autocracy of both the classes and the masses; to make right the master of might; to promote peace and goodwill on earth; to safeguard and transmit to posterity the principals of justice, freedom and democracy; to consecrate and sanctify our comradeship by our devotion to mutual helpfulness.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $43,847 | $39,739 | +0.1% |
| Expenses | $81,421 | $74,832 | +0.1% |
| Net Income | $-37,574 | $-35,093 | +0.1% |
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 |
|---|---|---|---|---|---|---|
| Ray Theis | Finance Officer | 4.00 |
Officer
|
$5,655 | $0 | $5,655 |
| Tom Fernlund | Adjutant | 4.00 |
Officer
|
$5,220 | $0 | $5,220 |
| Veronica Fernlund | Exec Committee | 1.00 |
Director
|
$0 | $0 | $0 |
| Bill Jones | Exec Committee | 1.00 |
Director
|
$0 | $0 | $0 |
| Julius Atkinson | Exec Committee | 1.00 |
Director
|
$0 | $0 | $0 |
| Dennis Schiffler | Exec Committee | 1.00 |
Director
|
$0 | $0 | $0 |
| Joe Cordie | Commander | 4.00 |
Officer
|
$0 | $0 | $0 |
| Jerry Zabinski | 1st Vice Comman | 1.00 |
Officer
|
$0 | $0 | $0 |
| Dave Gammell | 2nd Vice Comman | 1.00 |
Officer
|
$0 | $0 | $0 |
| Sherry Mertens | Historian | 1.00 |
Officer
|
$0 | $0 | $0 |
| Wes Thompson | Service Officer | 1.00 |
Officer
|
$0 | $0 | $0 |
| Henry Koopman | Chaplain | 1.00 |
Officer
|
$0 | $0 | $0 |
| Ken Bauer | Sgt-at-Arms | 1.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $43,847 | $81,421 | $959,934 | $-37,574 |
| 2023 | $39,739 | $74,832 | $856,762 | $-35,093 |
| 2022 | $52,280 | $103,084 | $855,039 | $-50,804 |
| 2021 | $1,021,407 | $200,307 | $1,034,688 | $821,100 |
| 2020 | $243,924 | $366,896 | $255,769 | $-122,972 |
| 2019 | $538,774 | $536,247 | $345,473 | $2,527 |
| 2018 | $526,861 | $548,129 | $328,062 | $-21,268 |
Compare American Legion Post 428 Silver Star with other nonprofits in Minnesota and across the country.