American Legion Post 8

EIN: 610269018 Public & Societal Benefit

Lexington, KY

Total Revenue
$143,105
Total Expenses
$141,696
Total Assets
$552,596
Net Assets
$547,306
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1919
Legal Domicile
KY
Principal Officer
Gary Atkins
Phone
8592520022
Tax Period
2024-01-01 to 2024-12-31

American Legion Post 8, founded in 1919, is a small nonprofit in the Public & Societal Benefit sector that reported $143K in total revenue in fiscal year 2024. Revenue fell 28% from the prior year — a significant decline worth monitoring. Net assets of $547K represent 46 months of operating reserves.

Mission

To uphold and defend the constitution of the U.S. of American to maintain law and order, to foster and perpetuate a 100% Americanism, to preserve the memories and incidents of our association in great wars, to inculcate a sense of individual obligation to the community, state and nation to combat Autocracy. To assist disabled and needy war veterans and members of the U.S. Armed Forces and their dependents and the widows and orphans of deceased veterans. Provide Honor Guard detail to fallen Veterans, and sponsor many state and local programs.

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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 $25,539
Program Service Revenue $21,460
Investment Income $12,414
Other Revenue $83,692
TOTAL REVENUE $143,105

Expense Breakdown

Grants Paid $0
Salaries & Benefits $58,514
Fundraising Expenses $0
Program Expenses $15,435
Other Expenses $83,182
TOTAL EXPENSES $141,696

Year-over-Year Comparison

2024 2023 Change
Revenue $143,105 $197,650 -0.3%
Expenses $141,696 $197,650 -0.3%
Net Income $1,409 N/A N/A
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

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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
8
Employees
8
Volunteers
10

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
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
David King Chairman 10.00
Director
$0 $0 $0
John Kalbfleisch Director 10.00
Director
$0 $0 $0
Doug Carter Director 5.00
Director
$0 $0 $0
Teri Hendrix Secretary 10.00
Director
$0 $0 $0
Gary Atkins President 30.00
Officer
$0 $0 $0
Pam Atkins Vice President 10.00
Officer
$0 $0 $0
Dave Davis CFO 20.00
Officer
$0 $0 $0
June Forbes COO 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 $143,105 $141,696 $552,596 $1,409
2023 $197,650 $197,650 $492,619 No data
2022 $255,749 $257,539 $533,489 $-1,790
2021 $225,757 $220,588 $571,509 $5,169
2020 $109,872 $108,191 $546,194 $1,681
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