AMERICAN LEGION POST #8 (EIN 466008690) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1947

Legal Domicile

Principal Officer

MERRILL OLSON

Phone

6052247681

Tax Period

2024-01-01 to 2024-12-31

AMERICAN LEGION POST #8, founded in 1947, is a small nonprofit that reported $323K in total revenue in fiscal year 2020. Expenses of $304K left a modest 6% surplus.

Mission

ASSIST VETERANS AND THE ARMED FORCES. PROVIDE SUPPORT FOR A YOUTH PROGRAMS. SUPPORT COMMUNITY PATRIOTIC ACTIVITIES.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $40,796

Program Service Revenue $0

Investment Income $10,387

Other Revenue $222,756

TOTAL REVENUE $273,939

Expense Breakdown

Grants Paid $0

Salaries & Benefits $120,469

Fundraising Expenses $0

Other Expenses $150,795

TOTAL EXPENSES $271,890

Year-over-Year Comparison

	2024	2023	Change
Revenue	$273,939	$271,232	+0.0%
Expenses	$271,890	$256,249	+0.1%
Net Income	$2,049	$14,983	-0.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$27,474

Total Directors

$27,474

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MERRILL OLSON	1ST VICE COMMANDER	2.00	Officer Director	$0	$0	$0
KEN PHILLIPS	2ND VICE COMMANDER	2.50	Officer Director	$7,279	$0	$7,279
KEN NEWLING	CHAPLAIN	2.00	Officer Director	$5,958	$0	$5,958
TED SPENCER	SERVICE OFFICER	2.00	Officer Director	$0	$0	$0
CALVIN CHRISTIE	HISTORIAN	0.50	Officer Director	$0	$0	$0
LARRY ELISON	JUDGE ADVOCATE	2.00	Officer Director	$0	$0	$0
MILBERT SHAFFER	SGT AT ARMS	2.00	Officer Director	$0	$0	$0
DEENA HAAG	ADMINISTRATOR/FINANCE OFFICER	20.00	Officer Director	$14,237	$0	$14,237
MILT SHAFFER	AT LARGE	2.00	Director	$0	$0	$0
AARON SWAN	COMMANDER	2.50	Officer Director	$0	$0	$0
KEN RAUSCH	AT LARGE	2.00	Director	$0	$0	$0
MATT SHAITZ	AT LARGE	2.00	Director	$0	$0	$0
GORDON PAUL	AT LARGE	2.75	Director	$0	$0	$0
RALPH BUSH	ADJUTANT/FIN OFFICER	9.00	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	$273,939	$271,890	$408,917	$2,049
2023	$271,232	$256,249	$367,483	$14,983
2022	$302,570	$276,045	$352,781	$26,525
2021	$247,159	$205,594	$303,739	$41,565
2020	$323,267	$303,544	$215,992	$19,723

AMERICAN LEGION POST #8