George N Althouse Memorial Association
Nonprofit profile at a glance
- EIN
- 232821896
- IRS 990 coverage
- 2021–2024
- Forms available
- Form 990 2024, Form 990-EZ 2020
- Location
- Norristown, PA, USA
- Phone
- 6102724638
- Rating
- 36
- Verdict
- REVIEW
- Rating confidence
- Moderate
- Sector
- Military, Veterans' Organizations
Reported finances
- Revenue
- $299,782
- Expenses
- $299,782
- Assets
- $228,857
- Liabilities
- $228,857
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- ANTOINETTE CARTER (PRESIDENT)
- JAMES SAMUEL (VICE PRESIDENT)
Highest reported compensation
- JAMES SAMUEL (VICE PRESIDENT): $14,400 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide a facility for veterans to hold meetings and socialize with their family and guests
What it reported doing in 2024
To provide and maintain a facility for american legion post 39, for members and guests to meet, socialize, and carry out programs outlines by the american legion, to service veterans and their loved ones in the greater norristown pa area.
Operating model
- Revenue model
- Donor-supported. 72% of the money available for current operations came from contributions and gifts.
- 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 and program spending has grown recently. 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: 9
- Transparency & Controls: 77
- Accountability: 16
- Sustainability: 33
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 10%; rating input score 10
- Program expense ratio: 10%; rating input score 10
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 80%; rating input score 80; 1st percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: Limited
- Governance controls: 3 of 8 controls in place; rating input score 38
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 0%; rating input score 39; 39th percentile among comparable filings
- Total-asset coverage ratio: 0.76; rating input score 34; 34th percentile among comparable filings
- Liabilities to assets ratio: 1; rating input score 5; 5th percentile among comparable filings
- Officer compensation ratio: 4.8%; rating input score 33; 33rd percentile among comparable filings
Growth
- Program expense growth: 107.1% per year; rating input score 100; 99th percentile among comparable filings
- Revenue growth: 6.5% per year; rating input score 100; 60th percentile among comparable filings
- Asset growth: -15.4% per year; rating input score 0; 4th percentile among comparable filings
Details
- Where the money goes: 10% of revenue deployed · 10% of spending went to programs
- Governance: 3 of 8 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $14K · 8 people listed
- Consistency: 14 of 16 current checks pass · 2 findings to review
- Schedules: 3 filed schedules · includes major donors
- Filing history: 3 filing years from 2021 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- 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 10/100.
- High — Financial Efficiency: Program expense ratio scored 10/100.
- Moderate — Accountability: Governance controls: 4 of 7 not reported.
- Moderate — Transparency & Controls: Functional expense sum did not reconcile in the filed values.
- Moderate — Transparency & Controls: Schedule D land buildings reconciliation did not reconcile in the filed values.
- Moderate — Sustainability: Operating margin scored 39/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 34/100.
- High — Sustainability: Liabilities to assets ratio scored 5/100.
- Moderate — Sustainability: Officer compensation ratio scored 33/100.