AMERICAN LEGION POST 34 (EIN 616033887) - Form 990 Financial Analysis & Trantor Score

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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

1948

Legal Domicile

Principal Officer

KIP HALVORSON

Phone

5028393619

Tax Period

2022-01-01 to 2022-12-31

AMERICAN LEGION POST 34, founded in 1948, is a small nonprofit that reported $107K in total revenue in fiscal year 2022. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $134K exceeded revenue, resulting in a 25% operating deficit.

Mission

THE AMERICAN LEGION WAS CHARTERED BY CONGRESS IN 1919 AS A PATRIOTIC, MUTUAL HELP, WAR TIME VETERANS ORG. A COMMUNITY SERVICE ORG.

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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 (2022)

Revenue Breakdown

Contributions & Grants $13,090

Program Service Revenue $0

Investment Income $0

Other Revenue $93,663

TOTAL REVENUE $106,753

Expense Breakdown

Grants Paid $7,174

Salaries & Benefits $0

Fundraising Expenses $5,653

Program Expenses $32,278

Other Expenses $126,773

TOTAL EXPENSES $133,947

Year-over-Year Comparison

	2022	2021	Change
Revenue	$106,753	$134,943	-0.2%
Expenses	$133,947	$127,179	+0.1%
Net Income	$-27,194	$7,764	-4.5%

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

163

Independent Members

N/A

Employees

N/A

Volunteers

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
BILL SLOAN	COMMANDER	1	Officer Director	$0	$0	$0
KIP HALVORSON	ADJUTANT	1	Officer	$0	$0	$0
GARY BRISCOE	1ST VICE	1	Officer	$0	$0	$0
GARY GILES	3RD VICE	1	Officer	$0	$0	$0
WALTER CUNNINGHAM	SGT @ ARMS	1	Officer	$0	$0	$0
PAUL PARRISH	CHAPLIN	1	Officer	$0	$0	$0
SALLY HIGINS	PUBLICITY OFFICER	1	Officer	$0	$0	$0
FINLEY WILLIS	SERVICE AND WELFARE	1	Officer	$0	$0	$0
KIP HALVORSON	HISTORIAN	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
2022	$106,753	$133,947	$198,296	$-27,194
2021	$134,943	$127,179	$537,487	$7,764
2020	$-3,879	$76,865	$541,784	$-80,744
2019	$182,086	$192,340	$622,528	$-10,254
2018	$157,022	$153,266	$632,782	$3,756

AMERICAN LEGION POST 34