NESSETH LIEN AMERICAN LEGION (EIN 416022805) - 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

PRESTON HALVORSON

Phone

2185848438

Tax Period

2023-01-01 to 2023-12-31

NESSETH LIEN AMERICAN LEGION, founded in 1920, is a micro nonprofit that reported $4K in total revenue in fiscal year 2023. Revenue fell 78% from the prior year — a significant decline worth monitoring. Expenses of $12K exceeded revenue, resulting in a 156% operating deficit.

Mission

TO PROVIDE SUPPORT FOR MILITARY VETERANS AND FACILITATE COMMUNITY INVOLVEMENT AND FELLOWSHIP.

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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 $2,126

Program Service Revenue $2,164

Investment Income $9

Other Revenue $199

TOTAL REVENUE $4,498

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $10,248

TOTAL EXPENSES $11,535

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,498	$20,283	-0.8%
Expenses	$11,535	$5,419	+1.1%
Net Income	$-7,037	$14,864	-1.5%

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

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

$6,900

Total Directors

$6,900

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DALE ARMSTRONG	SERVICE OFFI	1.00	Officer Director	$3,900	$0	$3,900
LYNN CHRISTIANSON	2ND VICE COM	4.00	Officer Director	$3,000	$0	$3,000
DARREN ANDERSEN	CHAPLAIN	1.00	Officer Director	$0	$0	$0
PRESTON HALVORSON	COMMANDER	1.00	Officer Director	$0	$0	$0
RYAN HENDRICKSON	MEMBERSHIP D	1.00	Officer Director	$0	$0	$0
G TOM NELSON	VICE COMMAND	1.00	Officer Director	$0	$0	$0
JEFF RASMUSSON	SERGEANT-AT-	1.00	Officer Director	$0	$0	$0
DUDLEY WELLS	HISTORIAN	1.00	Officer Director	$0	$0	$0
DAN WILSEY	FINANCE OFFI	1.00	Officer Director	$0	$0	$0
MILO WINTER	3RD VICE COM	1.00	Officer Director	$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	$4,498	$11,535	$60,185	$-7,037
2022	$20,283	$5,419	$66,981	$14,864
2021	$30,275	$4,697	$52,997	$25,578
2020	$6,365	$4,517	$26,772	$1,848
2019	$12,135	$6,398	$24,613	$5,737
2018	$11,739	$6,296	$18,525	$5,443

NESSETH LIEN AMERICAN LEGION