AMERICAN LEGION POST 40 (EIN 410683150) - 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

1920

Legal Domicile

Principal Officer

ROGER JORGENSON

Phone

5079519294

Tax Period

2023-01-01 to 2023-12-31

AMERICAN LEGION POST 40, founded in 1920, is a small nonprofit that reported $147K in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $132K left a modest 10% surplus.

Mission

TO FOSTER AND PERPETUATE AMERICANISM AND CREATE A SENSE OF OBLIGATION TO THE COMMUNITY, STATE, AND NATION.

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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 $10,439

Program Service Revenue $0

Investment Income $2,296

Other Revenue $134,185

TOTAL REVENUE $146,920

Expense Breakdown

Grants Paid $345

Salaries & Benefits $62,166

Fundraising Expenses $0

Other Expenses $69,298

TOTAL EXPENSES $131,809

Year-over-Year Comparison

	2023	2022	Change
Revenue	$146,920	$120,494	+0.2%
Expenses	$131,809	$115,253	+0.1%
Net Income	$15,111	$5,241	+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

$14,200

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GLEN JENSSON	ADJUTANT	2.00	Officer Director	$0	$0	$0
JIM HAUGEN	2ND VICE COMMANDER	2.00	Officer Director	$0	$0	$0
DAVID RAHN	1ST VICE COMMANDER	2.00	Officer Director	$0	$0	$0
MIKE MULLEN	COMMANDER	4.00	Officer Director	$0	$0	$0
RICHARD DARLING	GAMBLING MANAGER	10.00	Officer	$11,800	$0	$11,800
ROGER JORGENSON	FINANCE OFFICER	10.00	Officer	$2,400	$0	$2,400

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	$146,920	$131,809	$257,430	$15,111
2022	$120,494	$115,253	$242,319	$5,241
2021	$137,674	$113,663	$237,078	$24,011
2020	$61,615	$83,035	$213,067	$-21,420
2019	$145,440	$130,275	$235,232	$15,165
2018	$161,240	$135,297	$221,170	$25,943

AMERICAN LEGION POST 40