AMERICAN LEGION POST 129

EIN: 910743267

OAK HARBOR, WA

Total Revenue
$232,238
Total Expenses
$246,944
Total Assets
$145,226
Net Assets
N/A
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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
1929
Legal Domicile
WA
Principal Officer
John D Light
Phone
3606752411
Tax Period
2023-08-01 to 2024-07-31

AMERICAN LEGION POST 129, founded in 1929, is a small nonprofit that reported $232K in total revenue in fiscal year 2023.

Mission

MISSION IS TO SUPPORT VETERANS AND ACTIVE DUTY MEMBERS OF THE UNITED STATES ARMED FORCES, TO INCLUDE FAMILY MEMBERS THROUGH COMMUNITY OUTREACH, CHARITY AND SCHOLARSHIP PROGRAMS

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $15,061
Program Service Revenue $0
Investment Income $102
Other Revenue $217,075
TOTAL REVENUE $232,238

Expense Breakdown

Grants Paid $0
Salaries & Benefits $160,344
Fundraising Expenses $0
Program Expenses $0
Other Expenses $86,600
TOTAL EXPENSES $246,944

Year-over-Year Comparison

2023 2022 Change
Revenue $232,238 $240,938 0.0%
Expenses $246,944 $251,890 0.0%
Net Income $-14,706 $-10,952 +0.3%
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

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Governance

Voting Members
10
Independent Members
420
Employees
10
Volunteers
15

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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
John D Light Post Commander 10.00
Officer
$0 $0 $0
Chris Nagel Finance Officer 10.00
$0 $0 $0
Dennis Jones SR Vice Commaner 10.00
$0 $0 $0
Marty Marsolek Adjutant/Secretary 10.00
$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 $232,238 $246,944 $145,226 $-14,706
2023 $240,938 $251,890 $132,931 $-10,952
2022 $204,291 $178,433 $115,006 $25,858
2021 $89,831 $133,466 $90,787 $-43,635
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