AMERICAN LEGION POST 357 (EIN 416036469) - 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

1934

Legal Domicile

Principal Officer

RICHARD P WALTON

Phone

2187704062

Tax Period

2024-01-01 to 2024-12-31

AMERICAN LEGION POST 357, founded in 1934, is a small nonprofit that reported $122K in total revenue in fiscal year 2024. Revenue fell 25% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $30K, a strong 24% operating margin.

Mission

PROMOTE AMERICANISM AND SUPPORT VETERANS SERVICE

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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 (2024)

Revenue Breakdown

Contributions & Grants $7,071

Program Service Revenue $0

Investment Income $8,481

Other Revenue $106,861

TOTAL REVENUE $122,413

Expense Breakdown

Grants Paid $3,050

Salaries & Benefits $20,699

Fundraising Expenses $0

Program Expenses $92,677

Other Expenses $68,928

TOTAL EXPENSES $92,677

Year-over-Year Comparison

	2024	2023	Change
Revenue	$122,413	$162,274	-0.2%
Expenses	$92,677	$181,544	-0.5%
Net Income	$29,736	$-19,270	-2.5%

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

$12,000

Total Directors

$12,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICHARD WALTON	FINANCE OFFICER	002.00	Officer Director	$12,000	$0	$12,000
NICHOLAS OLSON	COMMANDER	001.00	Officer Director	$0	$0	$0
KEVIN JOHNSON	ADJUTANT	001.00	Officer Director	$0	$0	$0
LOWELL FLEWELLEN	FIRST VICE COMMANDER	001.00	Officer Director	$0	$0	$0
BRIAN JOHNSON	2ND VICE COMMANDER	001.00	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	$122,413	$92,677	$278,561	$29,736
2023	$162,274	$181,544	$257,623	$-19,270
2022	$136,753	$315,479	$286,784	$-178,726
2021	$268,044	$139,004	$468,783	$129,040
2021	$277,661	$126,885	$468,783	$150,776
2020	$104,645	$92,267	$342,675	$12,378
2019	$199,409	$188,403	$330,450	$11,006
2018	$183,282	$183,726	$317,460	$-444

AMERICAN LEGION POST 357