AMERICAN LEGION POST 29 (EIN 920121987) - 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

1987

Legal Domicile

Principal Officer

CHARLES BORING

Phone

9073383550

Tax Period

2023-01-01 to 2023-12-31

AMERICAN LEGION POST 29, founded in 1987, is a small nonprofit that reported $242K in total revenue in fiscal year 2023. Revenue surged 25% from the prior year, signaling strong growth momentum. Expenses of $277K exceeded revenue, resulting in a 15% operating deficit.

Mission

TO PROVIDE INFORMATION AND SERVICES TO VETERANS AND ACTIVE DUTY MEMBERS OF THE US MILITARRY. PROVIDE FOR NEEDY VETERANS AND ASSIST VETERANS IN TIMES OF NEED, ILLNESS AND BEREAVEMENTS. PROVIDE A PLACE FOR MEETING AND COMRADERY FOR VETERANS AND THEIR FAMILIES SUPPORT AND PROMOTE PATRIOTISM.

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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 $0

Program Service Revenue $0

Investment Income $27

Other Revenue $241,539

TOTAL REVENUE $241,566

Expense Breakdown

Grants Paid $0

Salaries & Benefits $99,312

Fundraising Expenses $0

Other Expenses $177,982

TOTAL EXPENSES $277,294

Year-over-Year Comparison

	2023	2022	Change
Revenue	$241,566	$192,808	+0.3%
Expenses	$277,294	$170,471	+0.6%
Net Income	$-35,728	$22,337	-2.6%

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

$59

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHARLES BORING	COMMANDER	20.00	Officer Director	$0	$0	$0
SHARON CHERRETTE	ADJUTANT	2.00	Officer Director	$0	$0	$0
BARBARA HARTSELL	SECOND VICE	20.00	Officer Director	$0	$0	$0
MIKE OLEXA	EXECUTIVE COMMITTEEM	2.00	Officer Director	$0	$0	$0
RAYMOND RAMOS	FINANCE OFFICER	5.00	Officer Director	$0	$0	$0
ERNEST KING SR	FIRST VICE	10.00	Officer Director	$0	$0	$0
DAWN BUNDICK	CHAPLAIN	2.00	Director	$0	$0	$0
ERIC CARTER	EXECUTIVE COMMITTEEM	2.00	Director	$0	$0	$0
BILL CHISUM	SERGEANT AT ARMS	2.00	Director	$0	$0	$0
BRITTANY DETERS	JUDGE ADVOCATE	2.00	Director	$0	$0	$0
JASON PORTER	EXECUTIVE COMMITTEEM	2.00	Director	$0	$0	$0
SIDNEY REYNOLDS	SERIVCE OFFICER	5.00	Director	$0	$0	$0
AUSTIN SAS	HISTORIAN	2.00	Director	$59	$0	$59

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	No data	No data	No data	No data
2023	$241,566	$277,294	$591,642	$-35,728

AMERICAN LEGION POST 29