WELLS HUSSEY POST NO 42 THE AMERICAN LEGION (EIN 934041103) - 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

1964

Legal Domicile

Principal Officer

RYAN COFFIN

Phone

2078738370

Tax Period

2024-01-01 to 2024-12-31

WELLS HUSSEY POST NO 42 THE AMERICAN LEGION, founded in 1964, is a micro nonprofit in the Public & Societal Benefit sector that reported $81K in total revenue in fiscal year 2024. Revenue surged 25% from the prior year, signaling strong growth momentum. Expenses of $96K exceeded revenue, resulting in a 18% operating deficit.

Mission

TO SUPPORT VETERANS NEEDS IN THE DAMARISCOTTA AND NEWCASTLE AREA

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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 $12,210

Program Service Revenue $1,836

Investment Income $1

Other Revenue $66,873

TOTAL REVENUE $80,920

Expense Breakdown

Grants Paid $21,913

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $73,890

TOTAL EXPENSES $95,803

Year-over-Year Comparison

	2024	2023	Change
Revenue	$80,920	$64,868	+0.2%
Expenses	$95,803	$80,006	+0.2%
Net Income	$-14,883	$-15,138	0.0%

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

N/A

Independent Members

N/A

Employees

N/A

Volunteers

N/A

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
RYAN COFFIN	COMMANDER	6.00	Officer	$0	$0	$0
RICK CASH	1ST VICE	6.00	Officer	$0	$0	$0
DAVID GORE	2ND VICE	6.00	Officer	$0	$0	$0
JOEY RODNEY	FINANCE OFFICER	6.00	Officer	$0	$0	$0
KASSIDI GILBERT	BAR STEWARD	6.00	Key Emp	$0	$0	$0
GUNNER GUNDERSON	SGT AT ARMS	6.00	Officer	$0	$0	$0
KENNETH HATCH SR	SERVICE	6.00	Officer	$0	$0	$0
KENNETH HATCH JR	ADJUTANT	6.00	Officer	$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	$80,920	$95,803	$123,824	$-14,883
2023	$64,868	$80,006	$138,707	$-15,138
2022	$108,188	$113,924	$153,845	$-5,736
2021	$53,734	$54,475	$158,840	$-741

WELLS HUSSEY POST NO 42 THE AMERICAN LEGION