TOWSON POST 22 THE AMERICAN LEGION… - Form 990 Financial Data

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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

1932

Legal Domicile

Principal Officer

RICHARD HANNAH

Phone

4108238030

Tax Period

2024-08-01 to 2025-07-31

TOWSON POST 22 THE AMERICAN LEGION INC, founded in 1932, is a micro nonprofit that reported $61K in total revenue in fiscal year 2024. Revenue fell 85% from the prior year — a significant decline worth monitoring. Expenses of $305K exceeded revenue, resulting in a 400% operating deficit.

Mission

TO SERVE VETERANS AND THE COMMUNITY

Program Service Accomplishments

Program 1

Expenses: $33,774

VETERANS RELATED ACTIVITIES INCLUDING SOCIALS FOR HOSPITALIZED VETERANS, HOMELESS VETERANS ASSISTANCE HERO DOGS

Program 2

Expenses: $20,593

COMMUNITY AWARENESS AND SPECIAL FUNCTIONS INCLUDING AMERICAN LEGION BIRTHDAY PARTY, CHRISTMAS PARTY, DINNER TO HONOR COMMUNITY LEADERS, ETC

Program 3

Expenses: $11,886

AMERICANISM AND CIVIC ACTIVITES, 4TH OF JULY PARADE

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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 (2024)

Revenue Breakdown

Contributions & Grants $9,444

Program Service Revenue $4,221

Investment Income $16,106

Other Revenue $31,306

TOTAL REVENUE $61,077

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,467

Fundraising Expenses $0

Program Expenses $66,253

Other Expenses $303,978

TOTAL EXPENSES $305,445

Year-over-Year Comparison

	2024	2023	Change
Revenue	$61,077	$419,738	-0.9%
Expenses	$305,445	$496,085	-0.4%
Net Income	$-244,368	$-76,347	+2.2%

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

N/A

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
CHRISTOPHER JACKSON	COMMANDER	020.00	Officer Director	$0	$0	$0
RICHARD HANNAH	FINANCE OFFICER	010.00	Officer Director	$0	$0	$0
ROGER EMERSON	VICE COMMANDER	010.00	Officer Director	$0	$0	$0
ANGELA PHILLIPS	SECOND VICE	010.00	Officer Director	$0	$0	$0
CRAIG BARNES	THIRD VICCE	010.00	Officer Director	$0	$0	$0
MAXINE DAVIS	ADJUTANT	010.00	Officer Director	$0	$0	$0
GREGORY ALLEN	CHAPLAIN	010.00	Officer Director	$0	$0	$0
JEFFREY WHYE	SGT AT ARMS	010.00	Officer Director	$0	$0	$0
PRUDENCE HENDERSON	JUDGE ADVOCATE	010.00	Officer Director	$0	$0	$0
BARRY BURNETT	HISTORIAN	010.00	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	$61,077	$305,445	$1,695,690	$-244,368
2024	$419,738	$496,085	$1,886,051	$-76,347
2023	$514,583	$325,677	$2,028,652	$188,906
2022	$541,865	$325,075	$1,786,050	$216,790
2021	$247,385	$259,679	$1,421,688	$-12,294

TOWSON POST 22 THE AMERICAN LEGION INC