AMERICAN LEGION DEVELOPMENT FOUNDATION (EIN 742821501) - 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

1996

Legal Domicile

Principal Officer

GARY SANDERS

Phone

5124724138

Tax Period

2023-09-01 to 2024-08-31

AMERICAN LEGION DEVELOPMENT FOUNDATION, founded in 1996, is a micro nonprofit in the Education sector that reported $78K in total revenue in fiscal year 2023. Revenue surged 170% from the prior year, signaling strong growth momentum. Expenses of $117K exceeded revenue, resulting in a 49% operating deficit.

Mission

TO PROVIDE SCHOLARSHIPS FOR THE CHILDREN AND YOUTH OF TEXAS. ALSO TO CONTRIBUTE TO THE MENTAL AND EMOTIONAL HEALTH OF VETERANS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $51,690

Program Service Revenue $0

Investment Income $24,258

Other Revenue $2,464

TOTAL REVENUE $78,412

Expense Breakdown

Grants Paid $61,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $113,986

Other Expenses $55,238

TOTAL EXPENSES $116,738

Year-over-Year Comparison

	2023	2022	Change
Revenue	$78,412	$29,021	+1.7%
Expenses	$116,738	$9,128	+11.8%
Net Income	$-38,326	$19,893	-2.9%

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

N/A

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

$74,566

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DANNY MUTH	PRESIDENT	0.10	Officer Director	$0	$0	$0
TOM TVRDIK	SECRETARY	0.10	Officer Director	$0	$0	$0
FORREST BEADLE	DIRECTOR	0.10	Director	$0	$0	$0
DWIGHT RUMPF	DIRECTOR	0.10	Director	$0	$0	$0
KIMBERLY BIGGERSTAFF	DIRECTOR	0.10	Director	$0	$0	$0
JIM LILLEY	DIRECTOR	0.10	Director	$0	$0	$0
TOM PARRY	DIRECTOR	0.10	Director	$0	$0	$0
STEVE COOK	DIRECTOR	0.10	Director	$0	$0	$0
AMY KING	DIRECTOR	0.10	Director	$0	$0	$0
DOUG WALLACE	DIRECTOR	0.10	Director	$0	$0	$0
WILLIAM WEST	ADJUTANT	0.10	Officer	$0	$0	$74,566

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	$78,412	$116,738	$624,232	$-38,326
2023	$29,021	$9,128	$652,558	$19,893
2022	$11,082	$7,559	$631,665	$3,523
2021	$5,361	$10,957	$627,142	$-5,596
2020	$46,255	$12,330	$628,738	$33,925
2019	$33,062	$9,300	$570,462	$23,762
2018	$19,531	$11,131	$546,700	$8,400

AMERICAN LEGION DEVELOPMENT FOUNDATION