WALTER RHOADES AMERICAN LEGION (EIN 846030674) - 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

1979

Legal Domicile

Principal Officer

MIKE MCPHERON

Tax Period

2023-07-01 to 2024-06-30

WALTER RHOADES AMERICAN LEGION, founded in 1979, is a small nonprofit that reported $395K in total revenue in fiscal year 2023. Revenue surged 106% from the prior year, signaling strong growth momentum. The organization ran a surplus of $130K, a strong 33% operating margin.

Mission

BENEFIT LOCAL MILITARY VETERANS BOYS STATE ORATORICAL LEGION BASEBALL

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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 $660

Program Service Revenue $0

Investment Income $0

Other Revenue $394,377

TOTAL REVENUE $395,037

Expense Breakdown

Grants Paid $0

Salaries & Benefits $80,358

Fundraising Expenses $0

Program Expenses $265,267

Other Expenses $184,909

TOTAL EXPENSES $265,267

Year-over-Year Comparison

	2023	2022	Change
Revenue	$395,037	$191,645	+1.1%
Expenses	$265,267	$238,838	+0.1%
Net Income	$129,770	$-47,193	-3.7%

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

$7,220

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHUCK HALL	SR VICE COMMAN	2	Officer	$0	$0	$0
RICK HIGGINS	MEMB-AT-LARGE	2	Officer	$0	$0	$0
LEROY LORENZI	ADJUTANT	3	Officer	$0	$0	$0
JEFF CHASE	CHAPLAIN	2	Officer	$0	$0	$0
TOM COSTELLO	COMMANDER	5	Officer	$0	$0	$0
GREGG HELSER	HISTORIAN	3	Officer	$0	$0	$0
VINCE GARCIA	SGT-AT-ARMS	2	Officer	$0	$0	$0
JERALD ZARRET	MEMB-AT-LARGE	2	Officer	$0	$20	$20
MIKE MCPHERON	FINANCE OFFICE	20	Officer	$7,200	$0	$7,200

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	$395,037	$265,267	$409,783	$129,770
2023	$191,645	$238,838	$402,606	$-47,193
2022	$208,471	$277,451	$444,729	$-68,980
2021	$263,893	$178,500	$458,808	$85,393
2020	$221,449	$188,815	$408,162	$32,634

WALTER RHOADES AMERICAN LEGION