AMERICAN LEGION CLUB #24 CORPORATION

EIN: 410684209

ROSEAU, MN

Total Revenue
$359,965
Total Expenses
$369,750
Total Assets
$21,155
Net Assets
$16,074
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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
1952
Legal Domicile
MN
Principal Officer
SHAROLYN ANDERSON
Phone
2184633681
Tax Period
2023-07-01 to 2024-06-30

AMERICAN LEGION CLUB #24 CORPORATION, founded in 1952, is a small nonprofit that reported $360K in total revenue in fiscal year 2023.

Mission

U. S. VETERANS ORGANIZATION

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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 $0
Program Service Revenue $0
Investment Income $0
Other Revenue $359,965
TOTAL REVENUE $359,965

Expense Breakdown

Grants Paid $0
Salaries & Benefits $243,763
Fundraising Expenses $0
Other Expenses $125,987
TOTAL EXPENSES $369,750

Year-over-Year Comparison

2023 2022 Change
Revenue $359,965 $365,521 0.0%
Expenses $369,750 $409,759 -0.1%
Net Income $-9,785 $-44,238 -0.8%
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
8
Independent Members
8
Employees
16
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
1
$74,619
Total Directors
5
$1,200
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMES BERNAT COMMANDER 2.00
Director
$0 $0 $0
WARREN OLSON VICE-COMMANDER 2.00
Director
$0 $0 $0
GARY GREGERSON VICE-COMMANDER 2.00
Director
$0 $0 $0
DARYL WARNE VICE-COMMANDER 2.00
Director
$0 $0 $0
STEVE ERICKSON ADJUTANT 1.00
Director
$0 $0 $1,200
SHAROLYN ANDERSON MANAGER 25.00
Officer
$36,543 $1,533 $74,619
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
2025 No data No data No data No data
2024 $359,965 $369,750 $21,155 $-9,785
2023 $365,521 $409,759 $30,940 $-44,238
2022 $361,511 $352,952 $75,178 $8,559
2021 $338,588 $229,328 $66,619 $109,260
2020 $224,803 $240,744 $41,959 $-15,941
2019 $193,673 $190,974 $23,300 $2,699
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