HOLLYWOOD POST NO 43 THE AMERICAN … - Form 990 Financial Data

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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

1957

Legal Domicile

Principal Officer

MONICA NICHELSON

Phone

3238513030

Tax Period

2024-01-01 to 2024-12-31

HOLLYWOOD POST NO 43 THE AMERICAN LEGI, founded in 1957, is a community nonprofit that reported $1.8M in total revenue in fiscal year 2024. Revenue surged 368% from the prior year, signaling strong growth momentum. The organization ran a surplus of $530K, a strong 30% operating margin.

Mission

AMERICAN LEGION - HOLLYWOOD POST 43 IS ORGANIZED TO PROVIDE BENEFITS TO PAST AND PRESENT MEMBERS OF THE ARMED FORCES OF THE UNITED STATES. THE ORGANIZATION REMAINS COMMITTED TO MENTORING YOUTH AND SPONSORSHIP OF WHOLESOME PROGRAMS IN OUR COMMUNITIES, ADVOCATING PATRIOTISM AND HONOR, PROMOTING STRONG NATIONAL SECURITY, AND CONTINUED DEVOTION TO OUR FELLOW SERVICE MEMBERS AND VETERANS.

Program Service Accomplishments

Program 1

AMERICAN LEGION - HOLLYWOOD POST 43 WAS ORGANIZED TO PROVIDE BENEFITS TO PAST AND PRESENT MEMBERS OF THE ARMED FORCES OF THE UNITED STATES. IN 2024, HOLLYWOOD POST 43 SERVED 1,386 MEMBERS. THE TOTAL EXPENSES INCURRED IN THIS PROGRAM FOR THE YEAR WERE $654,092. SINCE THE ORGANIZATION IS A TAX EXEMPT UNDER 501(C)(19), PROGRAM EXPENSES ARE DETAILED IN THIS NOTE AND NOT LISTED IN COLUMN B OF FORM 990 PART IX AS REQUIRED BY FORM INSTRUCTIONS.

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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 $520,972

Program Service Revenue $0

Investment Income $48,076

Other Revenue $1,197,582

TOTAL REVENUE $1,766,630

Expense Breakdown

Grants Paid $43,700

Salaries & Benefits $330,001

Fundraising Expenses $0

Other Expenses $862,904

TOTAL EXPENSES $1,236,605

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,766,630	$377,228	+3.7%
Expenses	$1,236,605	$1,441,566	-0.1%
Net Income	$530,025	$-1,064,338	-1.5%

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

$56,583

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFF DALY	JR. PAST COMMANDER	1.00	Officer Director	$0	$0	$0
DENNIS KEE	COMMANDER	1.00	Officer Director	$0	$0	$0
JENNIFER CAMPBELL	JUDGE ADVOCATE	1.00	Officer Director	$0	$0	$0
MONICA NICHELSON	1ST VICE COMMANDER	1.00	Officer Director	$0	$0	$0
TIM SHANER TO 052024	2ND VICE COMMANDER	1.00	Officer Director	$0	$0	$0
MAHOGANY ZACHARY FROM 062024	2ND VICE COMMANDER	1.00	Officer Director	$0	$0	$0
ANAQUAD COBE	EXECUTIVE COMMITTEE	1.00	Director	$0	$0	$0
GEORGE CANTERO TO 052024	EXECUTIVE COMMITTEE	1.00	Director	$0	$0	$0
AARON CAREW	EXECUTIVE COMMITTEE	1.00	Director	$0	$0	$0
ARNOLD STRONG	EXECUTIVE COMMITTEE	1.00	Director	$0	$0	$0
JOE OLIVERI TO 052024	EXECUTIVE COMMITTEE	1.00	Director	$0	$0	$0
ROBERT GEHAN FROM 062024	EXECUTIVE COMMITTEE	1.00	Director	$0	$0	$0
KAREN KRAFT FROM 092024	EXECUTIVE COMMITTEE	1.00	Director	$0	$0	$0
ED SAULNY TO 052024	EXECUTIVE COMMITTEE	1.00	Director	$0	$0	$0
DOUG DERRICK	EXECUTIVE COMMITTEE	1.00	Director	$0	$0	$0
JANICE BOWMAN TO 082024	ADJUTANT	40.00	Officer	$48,975	$0	$48,975
JERE L ROMANO FROM 112024	ADJUTANT	40.00	Officer	$7,608	$0	$7,608

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	$1,766,630	$1,236,605	$6,231,220	$530,025
2023	$377,228	$1,441,566	$6,527,811	$-1,064,338
2022	$1,995,197	$2,497,315	$7,688,055	$-502,118
2021	$2,700,970	$2,191,142	$8,304,662	$509,828
2020	$1,450,745	$2,611,219	$7,974,043	$-1,160,474
2019	$2,117,612	$2,880,627	$9,541,375	$-763,015
2018	$1,488,143	$1,168,191	$9,220,715	$319,952

HOLLYWOOD POST NO 43 THE AMERICAN LEGI