THE AMERICAN LEGION JOHN COLLINE POST NO 622 (EIN 416040171) - 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

1950

Legal Domicile

Principal Officer

RAY LAUDENBACH

Phone

7637534234

Tax Period

2024-01-01 to 2024-12-31

THE AMERICAN LEGION JOHN COLLINE POST NO 622, founded in 1950, is a small nonprofit that reported $272K in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year.

Mission

TO GIVE FINANCIAL ASSISTANCE TO VETERAN ORGANIZATIONS AND THE LOCAL COMMUNITY.

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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 $1,800

Program Service Revenue $0

Investment Income $18

Other Revenue $269,863

TOTAL REVENUE $271,681

Expense Breakdown

Grants Paid $39,930

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $298,751

Other Expenses $258,821

TOTAL EXPENSES $298,751

Year-over-Year Comparison

	2024	2023	Change
Revenue	$271,681	$299,399	-0.1%
Expenses	$298,751	$326,920	-0.1%
Net Income	$-27,070	$-27,521	0.0%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RAY LAUDENBACH	COMMANDER	5.00	Officer Director	$0	$0	$0
STEVE CROSS	1ST VICE COMMANDER	5.00	Officer Director	$0	$0	$0
RICK HEDBERG	2ND VICE COMMANDER	5.00	Officer Director	$0	$0	$0
JESSE VOUK	HISTORIAN	5.00	Officer Director	$0	$0	$0
BILL SHERMAN	ADJUTANT	5.00	Officer Director	$0	$0	$0
BOB NELSON	CHAPLAIN	5.00	Officer Director	$0	$0	$0
DAN DEWEY	JUDGE ADVOCATE	5.00	Officer Director	$0	$0	$0
EV MATTSON	SERGEANT AT ARMS	5.00	Officer Director	$0	$0	$0
MARY ECKMAN	FINANCE OFFICER	5.00	Officer Director	$0	$0	$0
ERNIE ELLIS	SERVICE OFFICER	5.00	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	$271,681	$298,751	$155,337	$-27,070
2023	$299,399	$326,920	$177,483	$-27,521
2022	$305,977	$344,374	$199,251	$-38,397
2021	$389,060	$261,560	$283,432	$127,500
2020	$256,358	$217,177	$138,148	$39,181

THE AMERICAN LEGION JOHN COLLINE POST NO 622