American Legion Post 348

EIN: 592903617

Cape Canaveral, FL

Total Revenue
$271,696
Total Expenses
$226,050
Total Assets
$523,933
Net Assets
$406,545
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
FL
Principal Officer
James Carey
Phone
3217991060
Tax Period
2024-07-01 to 2025-06-30

American Legion Post 348, founded in 1988, is a small nonprofit that reported $272K in total revenue in fiscal year 2024. The organization ran a surplus of $46K, a strong 17% operating margin.

Mission

DEDICATED TO GOD AND COUNTRY, THE AMERICAN LEGION PROMOTES PATRIOTISM, STRONG NATIONAL SECURITY, ADEQUATE CARE FOR VETERANS, THEIR WIDOWS AND ORPHANS, AND COMMUNITY SERVICE AND WHOLESOME DEVELOPMENT OF THE NATIONS YOURTH. THE AMERICAN LEGION ALSO PROVIDES ASSISTANCE TO VETERANS AND/OR THEIR SURVIVORS ON BENEFITS AVAILABLE, AND UNEMPLOYED VETERANS REGARDING PROGRAMS AND TRAINING. THE AMERICAN LEGION PROVIDES FRATERNAL, SOCIAL, EDUCATIONAL AND RECREATIONAL ACTIVITIES FOR VETERANS AND THEIR FFAMILIES. THE AMERICAN LEGION ALSO ACTIVELY PARTICIPATES IN CIVIC AND MEMORIAL AFFAIRS, VISIT THE SICK AND PROVIDES HANDICAP EQUIPMENT AND BLOOD, SUPPORT OF THE YOUTH IN EDUCATIONAL AND SPORTS ACTIVITIES ARE ALSO PART OF THE PROGRAM.

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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 (2024)

Revenue Breakdown

Contributions & Grants $43,870
Program Service Revenue $11,390
Investment Income $2,592
Other Revenue $213,844
TOTAL REVENUE $271,696

Expense Breakdown

Grants Paid $0
Salaries & Benefits $89,776
Fundraising Expenses $0
Other Expenses $136,274
TOTAL EXPENSES $226,050

Year-over-Year Comparison

2024 2023 Change
Revenue $271,696 $265,065 +0.0%
Expenses $226,050 $243,937 -0.1%
Net Income $45,646 $21,128 +1.2%
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
444
Independent Members
444
Employees
5
Volunteers
368

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
10
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
James Carey COMMANDER 30.00
Officer
$0 $0 $0
Brian Odenkirk 1ST VICE COMMANDER 20.00
Officer
$0 $0 $0
Tina Prince 2ND VICE COMMANDER 25.00
Officer
$0 $0 $0
James Fish FINANCE OFFICER 30.00
Officer
$0 $0 $0
Ed Ciecirski CHAPLIN 20.00
Officer
$0 $0 $0
Steve Johnson SGT AT ARMS 20.00
Officer
$0 $0 $0
Jim Russell HISTORIAN 20.00
Officer
$0 $0 $0
Claude Brunelle SERVICE OFFICER 20.00
Officer
$0 $0 $0
Jim Fish BOARD MEMBER 20.00
Officer
$0 $0 $0
Johnny Wilson BOARD MEMBER 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
2025 $271,696 $226,050 $523,933 $45,646
2024 $265,065 $243,937 $496,009 $21,128
2023 $253,942 $159,666 $470,201 $94,276
2022 $168,690 $170,586 $303,456 $-1,896
2021 $143,707 $140,046 $326,805 $3,661
2020 $112,322 $161,268 $336,446 $-48,946
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