AMERICAN LEGION POST 353 (EIN 750760614) - 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

1934

Legal Domicile

Principal Officer

BOBBY MALONE

Phone

9037543783

Tax Period

2024-01-01 to 2024-12-31

AMERICAN LEGION POST 353, founded in 1934, is a small nonprofit that reported $443K in total revenue in fiscal year 2024. Revenue surged 113% from the prior year, signaling strong growth momentum. The organization ran a surplus of $196K, a strong 44% operating margin.

Mission

PROVIDE SOCIAL ATMOSPHERE AND HONOR MILITARY PERSONNEL

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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 (2024)

Revenue Breakdown

Contributions & Grants $5,169

Program Service Revenue $180,849

Investment Income $234,053

Other Revenue $22,827

TOTAL REVENUE $442,898

Expense Breakdown

Grants Paid $0

Salaries & Benefits $10,400

Fundraising Expenses $0

Other Expenses $236,076

TOTAL EXPENSES $246,476

Year-over-Year Comparison

	2024	2023	Change
Revenue	$442,898	$207,748	+1.1%
Expenses	$246,476	$190,751	+0.3%
Net Income	$196,422	$16,997	+10.6%

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

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
RAY COPELAND	COMMANDER	2.00	Officer	$0	$0	$0
TODD MADARY	1ST VICE PRESIDENT	2.00	Officer	$0	$0	$0
BOBBY MALONE	FINANCE OFFICER	2.00	Officer	$0	$0	$0
JIM YOUNG	ADAJUNT	2.00	Officer	$0	$0	$0
BILL MORRIS	CHAPLIN	2.00	Officer	$0	$0	$0
DAVID LUNGREN	JUDGE ADVOCATE	2.00	Officer	$0	$0	$0
JAMES MCDANIEL	SERGENT-AT-ARMS	2.00	Officer	$0	$0	$0
WAYNE LAWHORN	HISTORIAN	2.00	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	$442,898	$246,476	$279,355	$196,422
2023	$207,748	$190,751	$85,967	$16,997
2022	$161,842	$158,518	$88,335	$3,324
2021	$137,552	$154,767	$100,256	$-17,215
2020	$118,981	$136,161	$113,748	$-17,180
2019	$231,432	$220,023	$134,645	$11,409
2018	$191,355	$182,254	$123,828	$9,101

AMERICAN LEGION POST 353