INDIANA AMERICAN LEGION FOUNDATION INC (EIN 834375439) - 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

2019

Legal Domicile

Principal Officer

RON PATTERSON

Phone

3176301362

Tax Period

2024-08-01 to 2025-07-31

INDIANA AMERICAN LEGION FOUNDATION INC, founded in 2019, is a small nonprofit in the Education sector that reported $535K in total revenue in fiscal year 2024. Revenue fell 73% from the prior year — a significant decline worth monitoring. Net assets of $3.0M represent 68 months of operating reserves.

Mission

TO RECEIVE AND ADMINISTER FUNDS FOR THE CHARITABLE SUPPORT OF THE ACTIVITIES AND PROGRAMS OF VETERANS ORGANIZATIONS DULY QUALIFIED UNDER CODE SECTION 501(C) (19) OR CORRESPONDING SECTION OF ANY FUTURE FEDERAL TAX CODE.

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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 $473,189

Program Service Revenue $0

Investment Income $29,135

Other Revenue $32,980

TOTAL REVENUE $535,304

Expense Breakdown

Grants Paid $418,973

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $505,957

Other Expenses $107,567

TOTAL EXPENSES $526,540

Year-over-Year Comparison

	2024	2023	Change
Revenue	$535,304	$1,972,358	-0.7%
Expenses	$526,540	$321,263	+0.6%
Net Income	$8,764	$1,651,095	-1.0%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

200

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
KENNY COOPER	MEMBER	2.00	Director	$0	$0	$0
RON BYRLEY	MEMBER	2.00	Director	$0	$0	$0
HUBERT DAGLEY	MEMBER	2.00	Director	$0	$0	$0
JOSEPH BUMBLEBURG	CHAIR	2.00	Officer Director	$0	$0	$0
MILTON HOWARD	FINANCE OFFICER	2.00	Officer Director	$0	$0	$0
SCOTT MEYER	MEMBER	2.00	Director	$0	$0	$0
CHAD WOODBURN	SECRETARY	2.00	Officer Director	$0	$0	$0
ROBERT BURKHART	CHAIRMAN	2.00	Officer Director	$0	$0	$0
GARY STEINHARDT	MEMBER	2.00	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	$535,304	$526,540	$3,200,608	$8,764
2024	$1,972,358	$321,263	$2,962,529	$1,651,095
2023	$158,179	$120,570	$593,536	$37,609
2022	$139,378	$12,280	$528,764	$127,098
2021	$314,513	$5,508	$405,825	$309,005
2020	$82,422	No data	$82,447	No data

INDIANA AMERICAN LEGION FOUNDATION INC