Clyde Bolling Post 55 American Legion

EIN: 560532089

Winston Salem, NC

Total Revenue
$183,897
Total Expenses
$152,717
Total Assets
$141,579
Net Assets
$141,579
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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
1965
Legal Domicile
NC
Principal Officer
ARCHIE INMAN
Phone
3367240660
Tax Period
2021-07-01 to 2022-06-30

Clyde Bolling Post 55 American Legion, founded in 1965, is a small nonprofit that reported $184K in total revenue in fiscal year 2021. Revenue surged 76% from the prior year, signaling strong growth momentum. The organization ran a surplus of $31K, a strong 17% operating margin.

Mission

Betterment of life for military veterans

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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 (2021)

Revenue Breakdown

Contributions & Grants $102,550
Program Service Revenue $39,434
Investment Income $72
Other Revenue $41,841
TOTAL REVENUE $183,897

Expense Breakdown

Grants Paid $0
Salaries & Benefits $42,816
Fundraising Expenses $0
Program Expenses $152,717
Other Expenses $109,901
TOTAL EXPENSES $152,717

Year-over-Year Comparison

2021 2020 Change
Revenue $183,897 $104,299 +0.8%
Expenses $152,717 $106,803 +0.4%
Net Income $31,180 $-2,504 -13.5%
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
4
Independent Members
4
Employees
5
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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ARCHIE INMAN Commander N/A
Officer
$0 $0 $0
CHRIS PRICE 1st Vice Commander N/A
Officer
$0 $0 $0
MARTIN MULDOVAN Adjutant N/A
Officer
$0 $0 $0
JEREMY KNAPP Finance Officer N/A
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
2022 $183,897 $152,717 $141,579 $31,180
2021 $104,299 $106,803 $110,399 $-2,504
2020 $107,802 $111,170 $112,903 $-3,368
2019 $176,415 $130,378 $116,271 $46,037
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