MURRELLS INLET AMERICAN LEGION POS… - Form 990 Financial Data

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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

Phone

8436518784

Tax Period

2024-01-01 to 2024-12-31

MURRELLS INLET AMERICAN LEGION POST 178 INC, founded in 1990, is a small nonprofit that reported $393K in total revenue in fiscal year 2024. Expenses of $460K exceeded revenue, resulting in a 17% operating deficit.

Mission

A VETERANS ORGANIZATION DEVOTED TO PROMOTING PATRIOTISM, SUPPORT & COMRADESHIP TO THE COMMUNITY, TO ITS MEMBERS & VETERANS IN ORDER TO MAKE BETTER CITIZENS: THROUGH CHARITY, SUPPORT, SOCIAL & SERVICE ACTIVITIES.

Program Service Accomplishments

Program 1

Expenses: $455,284

VETERANS ORGANIZATION PURPOSE IS TO PROMOTE MUTUAL HELPFULNESS AMONG VETERANS, PROVIDES A PLACE TO MEET FOR SOCIAL SUPPORT, SUPPORT FOR WOUNDED WARRIORS, INSTALL A SENSE OF COMRADESHIP TO OUR...

VETERANS ORGANIZATION PURPOSE IS TO PROMOTE MUTUAL HELPFULNESS AMONG VETERANS, PROVIDES A PLACE TO MEET FOR SOCIAL SUPPORT, SUPPORT FOR WOUNDED WARRIORS, INSTALL A SENSE OF COMRADESHIP TO OUR VETERANS, PATRIOTISM AND CHARITY TO OUR COMMUNITY TO GENERATE FUNDS TO DONATE TO OTHER NON-PROFIT & VETERAN SUPPORT GROUPS.

Program 2

Expenses: $4,268

THE AMERICAN LEGION BASEBALL LEAGUE IS AN AMATEUR SPORTS INSTITUTION, SINCE 1925, WITH LEAGUES IN ALL 50 STATES AND CANADA. PARTICIPATION IN THE LEAGUE IS FOR YOUTH AGES 15-19. THE LEAGUE PROMOTES...

THE AMERICAN LEGION BASEBALL LEAGUE IS AN AMATEUR SPORTS INSTITUTION, SINCE 1925, WITH LEAGUES IN ALL 50 STATES AND CANADA. PARTICIPATION IN THE LEAGUE IS FOR YOUTH AGES 15-19. THE LEAGUE PROMOTES EQUALITY, AMERICAN VALUES, COMRADESHIP AND CREATING BETTER CITIZENS.

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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 $71,534

Program Service Revenue $0

Investment Income $394

Other Revenue $321,133

TOTAL REVENUE $393,061

Expense Breakdown

Grants Paid $0

Salaries & Benefits $232,129

Fundraising Expenses $0

Program Expenses $459,552

Other Expenses $227,423

TOTAL EXPENSES $459,552

Year-over-Year Comparison

	2024	2023	Change
Revenue	$393,061	$390,463	+0.0%
Expenses	$459,552	$399,904	+0.1%
Net Income	$-66,491	$-9,441	+6.0%

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

Governance

Voting Members

Independent Members

Employees

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID CALDERHEAD	1ST VICE COMMANDER	20.00	Officer	$0	$0	$0
RICHARD SULLIVAN	2ND VICE COMMANDER	20.00	Officer	$0	$0	$0
BRUCE SHELNUT	COMMANDER	20.00	Officer	$0	$0	$0
DOUG AMMON	ADJUTANT	20.00	Officer	$0	$0	$0
DAVID FISCHER	FINANCE OFFICER	25.00	Officer	$0	$0	$0
WILLIAM HUBER	CHAPLAIN	20.00	Officer	$0	$0	$0
WILLIAM GEITER	SGT AT ARMS	20.00	Officer	$0	$0	$0
BRIAN RAVERT	SOCIAL QUARTERS	20.00	Officer	$0	$0	$0
CHARLES HYDE	SOCIAL QUARTERS	20.00	Officer	$0	$0	$0
JOHN BURNS	SERVICE OFFICER	20.00	Officer	$0	$0	$0
WILLIAM FEICK	JUDGE ADVOCATE	20.00	Officer	$0	$0	$0
HARRY MALPASS	PAST COMMANDER	20.00	Officer	$0	$0	$0
WILLIAM MCCLURE	HISTORIAN	10.00	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
2024	$393,061	$459,552	$480,642	$-66,491
2023	$390,463	$399,904	$547,133	$-9,441
2022	$437,121	$390,365	$555,757	$46,756
2021	$336,738	$334,107	$508,304	$2,631
2020	$262,581	$285,035	$472,969	$-22,454
2019	$365,025	$328,855	$457,927	$36,170
2018	$326,360	$322,655	$424,063	$3,705

MURRELLS INLET AMERICAN LEGION POST 178 INC