American Legion Bmi Post 40

Nonprofit profile at a glance

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

7 people listed

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Fellowship organization for veterans

Schedule i, part l, line 2 - grants are primarily provided to veterans service organizations and community school related programs.

Revenue model: Earned-program. 82% of the money available for current operations came from fees and other program revenue.
Distribution model: Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
Pay-setting controls: Limited
Foreign activity oversight: Limited
Grant itemization coverage: 100%; rating input score 100; 80th percentile among comparable filings
Major donor itemization: Limited
Related-party transparency: Limited

Independent voting board: 0%; rating input score 0; 7th percentile among comparable filings
Governance controls: 1 of 7 controls in place; rating input score 14
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail

Operating margin: 11.7%; rating input score 63; 63rd percentile among comparable filings
Total-asset coverage ratio: 5.13; rating input score 80; 80th percentile among comparable filings
Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Program expense growth: -29.6% per year; rating input score 0; 4th percentile among comparable filings
Revenue growth: -1.9% per year; rating input score 0; 17th percentile among comparable filings
Asset growth: 1.2% per year; rating input score 100; 30th percentile among comparable filings

Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
Governance: 0 of 8 board members independent · 1 of 7 filing controls reported
Programs: 1 filed program accomplishment
Leadership: top reported pay $0 · 7 people listed
Consistency: 9 of 9 current checks pass
Schedules: 3 filed schedules · includes grants
Filing history: 10 filing years from 2011 to 2024
Contacts: How to reach this organization
Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
People: Everyone the filings name, and which of them the filings identify by more than a name.

Signals prioritize questions for review. They are not findings of misconduct.