American Legion Post 623

EIN: 416040172

Plummer, MN

Total Revenue
$-6,377
Total Expenses
$4,641
Total Assets
$36,286
Net Assets
$36,232
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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
1968
Legal Domicile
MN
Principal Officer
Josh Roseen
Phone
2184654569
Tax Period
2023-01-01 to 2023-12-31

American Legion Post 623, founded in 1968, is a micro nonprofit that reported $6K in total revenue in fiscal year 2023. Revenue fell 222% from the prior year — a significant decline worth monitoring.

Mission

To provide support and social activities for veterans.

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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 $1,684
Program Service Revenue $6,405
Investment Income $17
Other Revenue $-14,483
TOTAL REVENUE $-6,377

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $4,641
TOTAL EXPENSES $4,641

Year-over-Year Comparison

2023 2022 Change
Revenue $-6,377 $5,210 -2.2%
Expenses $4,641 $4,303 +0.1%
Net Income $-11,018 $907 -13.1%
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
6
Independent Members
6
Employees
6
Volunteers
10

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
2
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A Commander 2.00
Officer
$0 $0 $0
William Peterson Finance Officer 1.00
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 No data No data No data No data
2023 $-6,377 $4,641 $36,286 $-11,018
2022 $5,210 $4,303 $47,197 $907
2021 $14,636 $2,554 $46,973 $12,082
2020 $739 $2,633 $34,366 $-1,894
2019 $9,652 $3,007 $36,477 $6,645
2018 $649 $3,068 $30,483 $-2,419
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