American Legion Post 0974 Frnkln Pk

Nonprofit profile at a glance

EIN
362429209
IRS 990 coverage
2019–2024
Forms available
Form 990 2024
Location
Franklin Park, IL, USA
Phone
8476787474
Rating
44
Verdict
MIXED
Rating confidence
Moderate

Reported finances

Revenue
$63,784
Expenses
$75,750
Assets
$268,846
Liabilities
$0

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

Leadership & pay

8 people listed

Executive titles in this filing

  • MILDRED GORT (President)

People named in this filing

  • Kendall Bishop (Director)
  • MILDRED GORT (President)
  • DONALD HORN (Director)

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.

Overview

Mission

Assist with the rehabilitation of u.s. Veterans & the care of their dependent, assist needy families, promote education, and reach out to the community by donating funds & use of facilities for charitable purpose

What it reported doing in 2024

Occassional rental of hall income is used to partially cover occupancy cost. Facilities are also used for community events & charitable purpose.bingo, pull tab, other gaming, and post social event income is used to partially cover occupancy cost, funding of scholarships & school awards, contributions & other charitable purpose. Club bar income is used to partially cover occupancy cost & to fund assistance to u.s. Veterans with their rehabilitation & the care of theirdependents, as well as to fund the assistance to needy families & the cost of promoting education to the community.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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 verdict

MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 90
  • Accountability: 63
  • Sustainability: 47
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 87.5%; rating input score 88; 26th percentile among comparable filings
  • Governance controls: 2 of 7 controls in place; rating input score 29
    • 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: Pass
    • Board meeting minutes documented: Fail
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -18.8%; rating input score 40; 40th percentile among comparable filings
  • Total-asset coverage ratio: 3.55; rating input score 43; 43rd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 18.5% per year; rating input score 100; 93rd percentile among comparable filings
  • Asset growth: -19% per year; rating input score 0; 8th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: 7 of 8 board members independent · 2 of 7 filing controls reported
  • Programs: 4 filed program accomplishments · $9K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 9 of 10 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules
  • Filing history: 6 filing years from 2019 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.

Key Signals

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

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Accountability: Governance controls: 5 of 7 not reported.
  • Moderate — Transparency & Controls: Functional expense sum did not reconcile in the filed values.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 40/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 43/100.