AMERICAN LEGION POST 55 WALTON H WALKER

EIN: 741218065

Belton, TX

Total Revenue
$73,772
Total Expenses
$25,945
Total Assets
$251,241
Net Assets
$247,336
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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
1961
Legal Domicile
TX
Phone
5129470826
Tax Period
2024-01-01 to 2024-12-31

AMERICAN LEGION POST 55 WALTON H WALKER, founded in 1961, is a micro nonprofit that reported $74K in total revenue in fiscal year 2024. Revenue fell 27% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $48K, a strong 65% operating margin.

Mission

TO HELP AND Assist veterans and active duty service members and families and our community

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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 $40,182
Program Service Revenue $0
Investment Income $0
Other Revenue $33,590
TOTAL REVENUE $73,772

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $500
Program Expenses $20,445
Other Expenses $25,445
TOTAL EXPENSES $25,945

Year-over-Year Comparison

2024 2023 Change
Revenue $73,772 $101,142 -0.3%
Expenses $25,945 $52,817 -0.5%
Net Income $47,827 $48,325 0.0%
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

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Governance

Voting Members
6
Independent Members
6
Employees
N/A
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
6
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WERTHER B TORRES COMMANDER 20.00
Officer Director
$0 $0 $0
MICHAEL BELCHER VICE COMMANDER 5.00
Officer Director
$0 $0 $0
LUANN OBOYLE ADJUTANT 30.00
Officer Director
$0 $0 $0
CHARLES ROBERTS 2ND VICE COMMANDER 5.00
Officer Director
$0 $0 $0
DON CHOI FINANCE OFFICER 5.00
Officer Director
$0 $0 $0
THOMAS THORNON CHAPLAIN 5.00
Officer Director
$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 $73,772 $25,945 $251,241 $47,827
2023 $61,298 $54,275 $199,509 $7,023
2022 $47,365 $53,713 $199,020 $-6,348
2021 $61,163 $30,811 $226,608 $30,352
2020 $39,024 $70,734 $218,627 $-31,710
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