AMERICAN LEGION

EIN: 566088344

Fuquay Varina, NC

Total Revenue
$629,918
Total Expenses
$587,527
Total Assets
$504,958
Net Assets
$469,121
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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
1922
Legal Domicile
NC
Principal Officer
Mike Cortez
Phone
9195527056
Tax Period
2023-07-01 to 2024-06-30

AMERICAN LEGION, founded in 1922, is a small nonprofit that reported $630K in total revenue in fiscal year 2023. Expenses of $588K left a modest 7% surplus.

Mission

To promote, participate in, and support various educational, civic, and patriotic programs of the American Legion as chartered by the US Congress.

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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 $49,399
Program Service Revenue $548,864
Investment Income $408
Other Revenue $31,247
TOTAL REVENUE $629,918

Expense Breakdown

Grants Paid $9,300
Salaries & Benefits $88,407
Fundraising Expenses $0
Program Expenses $0
Other Expenses $489,820
TOTAL EXPENSES $587,527

Year-over-Year Comparison

2023 2022 Change
Revenue $629,918 $654,792 0.0%
Expenses $587,527 $628,798 -0.1%
Net Income $42,391 $25,994 +0.6%
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
1134
Independent Members
1134
Employees
2
Volunteers
1134

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
16
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Krista Abshure Commander 20
Officer
$0 $0 $0
David Rossner 1st vice commander 25
Officer
$0 $0 $0
Jason Williams 2nd Vice Commander 15
Officer
$0 $0 $0
Mike Cortez Finance Officer 15
Officer
$0 $0 $0
Jim Cavico Adjutant 10
Officer
$0 $0 $0
Wayne Sherrod Chaplain 20
Officer
$0 $0 $0
Paul Yager Parliamentarian 0
Officer
$0 $0 $0
Paul Ferris Service Officer 30
Officer
$0 $0 $0
Dan Miltenberger Officer at Large 15
Officer
$0 $0 $0
Kathryn Koch Officer at Large 5
Officer
$0 $0 $0
Tony Smith Officer at Large 5
Officer
$0 $0 $0
Dave Avis officer at large 1
Officer
$0 $0 $0
Diane Yeager Officer at Large 1
Officer
$0 $0 $0
Chuck Feit Sergeant at arms 15
Officer
$0 $0 $0
Jon Gainey Sergeant at arms 5
Officer
$0 $0 $0
Myka Knox Sergeant of Arms 1
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 $629,918 $587,527 $504,958 $42,391
2023 $654,792 $628,798 $506,015 $25,994
2022 $667,111 $629,531 $519,878 $37,580
2021 $516,277 $494,284 $563,674 $21,993
2020 $561,234 $609,350 $562,466 $-48,116
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