AMERICAN LEGION POST #48 HICKORY

EIN: 560498762

HICKORY, NC

Total Revenue
$137,683
Total Expenses
$157,209
Total Assets
$868,041
Net Assets
$866,584
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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
1919
Legal Domicile
NC
Tax Period
2023-07-01 to 2024-06-30

AMERICAN LEGION POST #48 HICKORY, founded in 1919, is a small nonprofit that reported $138K in total revenue in fiscal year 2023. Revenue surged 37% from the prior year, signaling strong growth momentum. Expenses of $157K exceeded revenue, resulting in a 14% operating deficit.

Mission

THE ORGANIZATIONS PURPOSE IS FOR VETERANS (MEMBERS AND GUESTS) TO PARTICIPATE DIRECTLY AND INDIRECTLY IN VETERAN AFFAIRS. ALSO TO ASSIST THE DISABLED VETERANS AND SUPPORT THE VETERANS HOSPITAL.

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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 $66,871
Program Service Revenue $54,857
Investment Income $15,239
Other Revenue $716
TOTAL REVENUE $137,683

Expense Breakdown

Grants Paid $0
Salaries & Benefits $15,286
Fundraising Expenses $0
Program Expenses $136,673
Other Expenses $141,923
TOTAL EXPENSES $157,209

Year-over-Year Comparison

2023 2022 Change
Revenue $137,683 $100,159 +0.4%
Expenses $157,209 $104,170 +0.5%
Net Income $-19,526 $-4,011 +3.9%
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
1200
Independent Members
1200
Employees
1
Volunteers
1200

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
9
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMES CRANFORD EXECUTIVE COMMITTEE 0.00
Director
$0 $0 $0
DENNIS HUFFMAN EXECUTIVE COMMITTEE 0.00
Director
$0 $0 $0
GARY PRICE EXECUTIVE COMMITTEE 0.00
Director
$0 $0 $0
BILLY MATTHEWS CHAPLAIN 0.00
Director
$0 $0 $0
KEITH COVILL HISTORIAN 0.00
Officer
$0 $0 $0
GARY LAFONE PAST POST COMMANDER 0.00
Officer
$0 $0 $0
MIKE MARTIN ASST SGT AT ARMS 0.00
Officer
$0 $0 $0
ZANE STILWELL 1ST VICE COMMANDER 0.00
Officer
$0 $0 $0
JERRY MASK SGT AT ARMS 0.00
Officer
$0 $0 $0
DANNY BRITTAIN 2ND V COMMANDER 0.00
Officer
$0 $0 $0
DEXTER SPROUSE COMMANDER 0.00
Officer
$0 $0 $0
DAVID HOYLE ADJUTANT 0.00
Officer
$0 $0 $0
JOHN HARDEN FINANCIAL OFFICER 0.00
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 $137,683 $157,209 $868,041 $-19,526
2023 $100,159 $104,170 $838,706 $-4,011
2022 $79,353 $95,587 $810,726 $-16,234
2021 $69,272 $74,204 $904,712 $-4,932
2020 $57,032 $79,150 $770,163 $-22,118
2019 $197,320 $183,404 $807,862 $13,916
2018 $152,566 $158,723 $794,455 $-6,157
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