AMERICAN LEGION POST 202

EIN: 566088250 Public & Societal Benefit

FAYETTEVILLE, NC

Total Revenue
$21,964
Total Expenses
$38,390
Total Assets
$239,051
Net Assets
$99,361
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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
1990
Legal Domicile
NC
Principal Officer
MICHAEL H BANKS
Tax Period
2020-01-01 to 2020-12-31

AMERICAN LEGION POST 202, founded in 1990, is a micro nonprofit in the Public & Societal Benefit sector that reported $22K in total revenue in fiscal year 2020. Revenue fell 72% from the prior year — a significant decline worth monitoring. Expenses of $38K exceeded revenue, resulting in a 75% operating deficit.

Mission

RAISING FUNDS FOR SCHOLARSHIPS AND CONTRIBUTING TO COMMUNITY ORGANIZATIONS

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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 (2020)

Revenue Breakdown

Contributions & Grants $17,723
Program Service Revenue $0
Investment Income $0
Other Revenue $4,241
TOTAL REVENUE $21,964

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,042
Other Expenses $38,390
TOTAL EXPENSES $38,390

Year-over-Year Comparison

2020 2019 Change
Revenue $21,964 $79,464 -0.7%
Expenses $38,390 $62,652 -0.4%
Net Income $-16,426 $16,812 -2.0%
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
2
Independent Members
2
Employees
N/A
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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL H BANKS FIN OFFICER 20.00
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
2020 $21,964 $38,390 $239,051 $-16,426
2019 $79,464 $62,652 $261,673 $16,812
2018 $71,495 $56,786 $236,921 $14,709
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