AMERICAN LEGION 566 LINO LAKES POST (EIN 410918950) - 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

1959

Legal Domicile

Principal Officer

SCOTT NORDSTROM

Phone

6517830055

Tax Period

2023-08-01 to 2024-07-31

AMERICAN LEGION 566 LINO LAKES POST, founded in 1959, is a small nonprofit that reported $323K in total revenue in fiscal year 2023. Revenue surged 29% from the prior year, signaling strong growth momentum.

Mission

PROVIDE SUPPORT FOR VETERANS AND COMMUNITY SERVICES.

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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 $1,406

Program Service Revenue $0

Investment Income $0

Other Revenue $321,348

TOTAL REVENUE $322,754

Expense Breakdown

Grants Paid $0

Salaries & Benefits $192,147

Fundraising Expenses $0

Other Expenses $132,130

TOTAL EXPENSES $324,277

Year-over-Year Comparison

	2023	2022	Change
Revenue	$322,754	$250,855	+0.3%
Expenses	$324,277	$274,477	+0.2%
Net Income	$-1,523	$-23,622	-0.9%

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

180

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

$36,139

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TOM MERINO	1ST VICE COM	10.00	Officer	$36,139	$0	$36,139
MIKE ASH	SERVICE OFFI	10.00	Officer	$0	$0	$0
BRANDY FULTON	ADJUTANT	10.00	Officer	$0	$0	$0
PAUL HOWARD	HISTORIAN	10.00	Officer	$0	$0	$0
TIM KELLY	SGT OF ARMS/	10.00	Officer	$0	$0	$0
SCOTT NORDSTROM	COMMANDER	10.00	Officer	$0	$0	$0
TONY RICKERL	2ND VICE COM	10.00	Officer	$0	$0	$0
JIM WATSON	FINANCE OFFI	10.00	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	$322,754	$324,277	$463,451	$-1,523
2023	$250,855	$274,477	$444,212	$-23,622
2022	$311,156	$255,923	$481,205	$55,233
2021	$280,161	$304,725	$505,721	$-24,564
2020	$73,090	$128,710	$502,589	$-55,620
2019	$126,552	$135,171	$500,722	$-8,619

AMERICAN LEGION 566 LINO LAKES POST