AMERICAN LEGION POST 0318 EMIL KING (EIN 416080910) - 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

1949

Legal Domicile

Principal Officer

STEVE MAGNUS

Phone

5074253305

Tax Period

2023-07-01 to 2024-06-30

AMERICAN LEGION POST 0318 EMIL KING, founded in 1949, is a micro nonprofit that reported $47K in total revenue in fiscal year 2023. Revenue decreased 14% compared to the prior year. Expenses of $45K left a modest 5% surplus.

Mission

TO PROMOTE THE SERVICE OF UNITED STATES VETERANS AND FOSTER PATRIOTISM. ALSO PROVIDE A PLACE FOR VETERANS TO GATHER AND SOCIALIZE.

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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 $0

Program Service Revenue $2,067

Investment Income $978

Other Revenue $44,373

TOTAL REVENUE $47,418

Expense Breakdown

Grants Paid $0

Salaries & Benefits $11,723

Fundraising Expenses $0

Other Expenses $33,262

TOTAL EXPENSES $44,985

Year-over-Year Comparison

	2023	2022	Change
Revenue	$47,418	$54,919	-0.1%
Expenses	$44,985	$48,562	-0.1%
Net Income	$2,433	$6,357	-0.6%

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
STEVE MAGNUS	COMMANDER	5.00	Officer Director	$0	$0	$0
RANDY KREMER	VICE COMMANDER	1.00	Officer Director	$0	$0	$0
BILL FUERSTENBERG	ADJUTANT	1.00	Officer Director	$0	$0	$0
DON FUERSTENBERG	FINANCE OFFICER	3.00	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
2025	No data	No data	No data	No data
2024	$47,418	$44,985	$156,456	$2,433
2023	$54,919	$48,562	$154,023	$6,357
2022	$72,783	$49,671	$147,666	$23,112
2021	$41,787	$27,653	$127,725	$14,134
2020	$22,927	$40,470	$110,420	$-17,543
2019	$41,540	$39,564	$127,963	$1,976

AMERICAN LEGION POST 0318 EMIL KING