AMERICAN LEGION POST 59 LAFAY (EIN 420889177) - 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

1947

Legal Domicile

Principal Officer

MIKE MCGRAW

Phone

5157334403

Tax Period

2023-07-01 to 2024-06-30

AMERICAN LEGION POST 59 LAFAY, founded in 1947, is a micro nonprofit that reported $54K in total revenue in fiscal year 2023. Revenue fell 33% from the prior year — a significant decline worth monitoring. Net assets of $529K represent 117 months of operating reserves.

Mission

PROVIDE SERVICES 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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $6,340

Program Service Revenue $2,722

Investment Income $6,118

Other Revenue $39,077

TOTAL REVENUE $54,257

Expense Breakdown

Grants Paid $4,200

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $48,850

Other Expenses $49,287

TOTAL EXPENSES $53,487

Year-over-Year Comparison

	2023	2022	Change
Revenue	$54,257	$80,816	-0.3%
Expenses	$53,487	$63,946	-0.2%
Net Income	$770	$16,870	-1.0%

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
RON RAHLFELDT	COMMANDER	15.00	Officer	$0	$0	$0
MIKE MCGRAW	VICE COMMANDER/FINANCE OFFICER	10.00	Officer	$0	$0	$0
DAVE MCVICKER	ADJUTANT	4.00	Officer	$0	$0	$0
LARRY VARLAND	SARGENT OF ARMS	1.00	Officer	$0	$0	$0
SCOTT NIBE	1ST VICE COMMANDER	10.00	Officer	$0	$0	$0
KENNY FRETTE	SERVICE OFFICER	1.00	Officer	$0	$0	$0
JIM CAUDLE	CHAPLAIN	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
2025	No data	No data	No data	No data
2024	$54,257	$53,487	$534,377	$770
2023	$80,816	$63,946	$532,447	$16,870
2022	$113,296	$86,897	$514,312	$26,399
2021	$92,741	$72,732	$487,852	$20,009
2020	$60,664	$61,831	$468,522	$-1,167
2019	$87,210	$98,504	$471,336	$-11,294

AMERICAN LEGION POST 59 LAFAY