Fred Y Mcconnell American Legion Post 51

Nonprofit profile at a glance

EIN: 560612136
IRS 990-EZ coverage: 2011–2022
Forms available: Form 990-EZ 2022
Location: Concord, NC, USA
Rating: 38
Verdict: REVIEW
Rating confidence: Moderate

Reported finances

Revenue: $73,282
Expenses: $74,835
Assets: $105,383
Liabilities: $6,544

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

10 people listed

People named in this filing

CHARLES A DUKE (FINANCE OFFICER)
THOMAS HAYES (ADJUTANT)
JACK WARD (1ST VICE COMMANDER)

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

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Meeting place for veterans of the armed

What it reported doing in 2022

Various grants and contributions to organizations and schools within cabarrus county to show community support and help youth of cabarrus county including helping the post baseball

Operating model

Revenue model: Other-operating. 82% of the money available for current operations came from other operating 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 verdict

REVIEW - The filed numbers largely add up. 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: 3
Transparency & Controls: 82
Sustainability: 44
Growth: 40

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 3.4%; rating input score 3
Program expense ratio: 3.3%; rating input score 3

Transparency & Controls

Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
Major donor itemization: Limited

Sustainability

Operating margin: -2.1%; rating input score 42; 42nd percentile among comparable filings
Total-asset coverage ratio: 1.41; rating input score 53; 53rd percentile among comparable filings
Liabilities to assets ratio: 0.06; rating input score 21; 21st percentile among comparable filings
Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

Program expense growth: -8.9% per year; rating input score 0; 31st percentile among comparable filings
Revenue growth: 6% per year; rating input score 100; 75th percentile among comparable filings
Asset growth: -1.6% per year; rating input score 0; 33rd percentile among comparable filings

Details

Where the money goes: 3.4% of revenue deployed · 3.3% of spending went to programs
Governance: Filed governance answers
Accomplishments: 2 filed program accomplishments · $2K in reported program spending
Leadership: top reported pay $0 · 10 people listed
Consistency: 7 of 8 current checks pass · 1 finding to review
Schedules: 1 filed schedules
Filing history: 12 filing years from 2011 to 2022
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 3/100.
High — Financial Efficiency: Program expense ratio scored 3/100.
Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
High — Growth: Program expense growth scored 0/100.
Moderate — Sustainability: Operating margin scored 42/100.
High — Growth: Asset growth scored 0/100.
Review — Sustainability: Total-asset coverage ratio scored 53/100.
High — Sustainability: Liabilities to assets ratio scored 21/100.
Review — Sustainability: Officer compensation ratio scored 56/100.