AMERICAN LEGION

EIN: 510212144

VAN ALSTYNE, TX

Total Revenue
$138,102
Total Expenses
$159,867
Total Assets
$304,337
Net Assets
$138,155
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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
TX
Phone
9034829360
Tax Period
2023-01-01 to 2023-12-31

AMERICAN LEGION, founded in 1947, is a small nonprofit that reported $138K in total revenue in fiscal year 2023. Expenses of $160K exceeded revenue, resulting in a 16% operating deficit.

Mission

The American Legion post is an organization of military veterans serving other veterans their families and the communities in which they live.

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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 $10,771
Program Service Revenue $0
Investment Income $702
Other Revenue $126,629
TOTAL REVENUE $138,102

Expense Breakdown

Grants Paid $0
Salaries & Benefits $52,681
Fundraising Expenses $0
Program Expenses $10,912
Other Expenses $96,274
TOTAL EXPENSES $159,867

Year-over-Year Comparison

2023 2022 Change
Revenue $138,102 $135,119 +0.0%
Expenses $159,867 $150,811 +0.1%
Net Income $-21,765 $-15,692 +0.4%
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
10
Independent Members
10
Employees
12
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
10
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Richard McCabe Sr Commander 40.00
Officer
$0 $0 $0
Ken Lynchard 1st Vice 10.00
Officer
$0 $0 $0
Kirk Johnson Jr Adjutant 10.00
Officer
$0 $0 $0
Terrance Jallo Finance Officer 20.00
Officer
$0 $0 $0
Craig Bornstein Historian 5.00
Officer
$0 $0 $0
Rand Certain Chaplain 5.00
Officer
$0 $0 $0
Open Judge Advocate 0.00
Officer
$0 $0 $0
Open Sgt at Arms 0.00
Officer
$0 $0 $0
Kenneth Gentry 2nd Vice 10.00
Officer
$0 $0 $0
Jesse Davis Service Officer 10.00
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 $138,102 $159,867 $304,337 $-21,765
2022 $135,119 $150,811 $342,664 $-15,692
2021 $135,010 $120,501 $366,266 $14,509
2020 $71,716 $84,706 $354,496 $-12,990
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