AMERICAN LEGION DEPARTMENT OF MAINE FOUNDATION (EIN 824285476) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2018

Legal Domicile

Principal Officer

KIRK THURSTON

Phone

2078733229

Tax Period

2024-05-01 to 2025-04-30

AMERICAN LEGION DEPARTMENT OF MAINE FOUNDATION, founded in 2018, is a micro nonprofit in the Human Services sector that reported $69K in total revenue in fiscal year 2024. Revenue surged 279% from the prior year, signaling strong growth momentum.

Mission

TO PROVIDE RESOURCES TO PROGRAMS AND SERVICES OF THE AMERICAN LEGION, DEPARTMENT OF MAINE, THAT WILL ENHANCE THE LIVES OF VETERANS, THEIR FAMILIES, CHILDREN, AND COMMUNITIES IN THE STATE OF MAINE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $68,065

Program Service Revenue $0

Investment Income $1,313

Other Revenue $0

TOTAL REVENUE $69,378

Expense Breakdown

Grants Paid $66,522

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $66,522

Other Expenses $2,700

TOTAL EXPENSES $69,222

Year-over-Year Comparison

	2024	2023	Change
Revenue	$69,378	$18,316	+2.8%
Expenses	$69,222	$9,594	+6.2%
Net Income	$156	$8,722	-1.0%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

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

$60,450

Total Directors

$127,464

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RACHAEL CURRIE	BOARD MEMBER	0.25	Director	$0	$3,622	$67,014
JASON HALL	SECRETARY	0.50	Officer Director	$0	$6,200	$60,450
TOMMY ADKINS	BOARD MEMBER	0.25	Director	$0	$0	$0
DEBRA COUTURE	BOARD MEMBER	0.25	Director	$0	$0	$0
GREGORY COUTURE	TREASURER	0.50	Officer Director	$0	$0	$0
MATTHEW JABAUT	BOARD MEMBER	0.25	Director	$0	$0	$0
ANTHONY JORDAN	BOARD MEMBER	0.25	Director	$0	$0	$0
LEROY MCKENZIE	BOARD MEMBER	0.25	Director	$0	$0	$0
KIRK THURSTON	PRESIDENT	0.50	Officer Director	$0	$0	$0
LLOYD WOODS	BOARD MEMBER	0.25	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
2025	$69,378	$69,222	$1,314,097	$156
2024	$18,316	$9,594	$1,251,144	$8,722
2023	$233,161	$61,783	$230,345	$171,378
2022	$111,413	$77,700	$58,967	$33,713
2021	$21,299	$10,443	$25,254	$10,856

AMERICAN LEGION DEPARTMENT OF MAINE FOUNDATION