AMERICAN LEGION POST 41 (EIN 556029950) - 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

1921

Legal Domicile

Phone

3047886629

Tax Period

2024-01-01 to 2024-12-31

AMERICAN LEGION POST 41, founded in 1921, is a micro nonprofit in the Public & Societal Benefit sector that reported $58K in total revenue in fiscal year 2024. Revenue fell 36% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $11K, a strong 20% operating margin.

Mission

VETERANS ORGANIZATION

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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 $14,991

Program Service Revenue $16,049

Investment Income $17,425

Other Revenue $9,985

TOTAL REVENUE $58,450

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $21,352

Other Expenses $47,005

TOTAL EXPENSES $47,005

Year-over-Year Comparison

	2024	2023	Change
Revenue	$58,450	$91,678	-0.4%
Expenses	$47,005	$74,184	-0.4%
Net Income	$11,445	$17,494	-0.3%

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

210

Independent Members

210

Employees

N/A

Volunteers

210

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	Role	Reportable Comp	Other Comp	Total
WAYNE GOSNELL	COMMANDER	Officer	$0	$0	$0
STEVE COX	FINANCIAL OFFICER	Officer	$0	$0	$0
NORMAN LAUNI	ADJUTANT	Officer	$0	$0	$0
BILL ISER	SERVICE OFFICER	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	$58,450	$47,005	$525,882	$11,445
2023	$91,678	$74,184	$543,393	$17,494
2022	$117,611	$60,390	$600,614	$57,221
2021	$47,115	$36,372	$543,393	$10,743
2020	$39,795	$56,946	$475,331	$-17,151
2019	$57,656	$52,182	$472,447	$5,474
2019	$44,044	$39,176	$473,447	$4,868
2018	$44,807	$48,587	$447,510	$-3,780
2018	$71,732	$75,052	$447,970	$-3,320

AMERICAN LEGION POST 41