Home Association Dexter Post 557 of the American Legion Inc

Nonprofit profile at a glance

EIN
381325212
IRS 990 coverage
2024–2024
Forms available
Form 990 2024, Form 990-EZ 2023, Form 990-N 2020
Location
Dexter, MI, USA
Phone
7344264511
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Military, Veterans' Organizations

Reported finances

Revenue
$180,179
Expenses
$167,098
Assets
$66,266
Liabilities
$0

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

Leadership & pay

9 people listed

Executive titles in this filing

  • ERIC BRIGGS (PRESIDENT)

People named in this filing

  • ABBY BRIGGS (SECRETARY, A)
  • ERIC BRIGGS (PRESIDENT)
  • FRANK FIKE (TRUSTEE&LEGI)

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

The american legion home association is the business entity of american legion post 557. The home association was established to (1) maintain and operate the american legion facility and grounds and (2) generate revenue to support the veterans and community programs for which the american legion post 557 is active in. Activities and operations include: 1) bar operations (40%) a. Involves handling and serving of alcoholic and non-alcoholic drinks, food service, and customer satisfaction. Also includes inventory monitoring, procurement of drinks and food, bartender hiring and management, daily cash register checkout and reconciliation with sales receipts, and cleaning of the bar area. Provides revenues to support building maintenance and repair and american legion charitable operations b. Activity was initiated in 1949 c. The activity will be conducted at american legion post 557 and is directed by the home association board of directors. 2) charitable events activities (30%) a. Activity

What it reported doing in 2024

Building and grounds maintenance and repair operations (25%) activity includes day-to-day repairs, break/fix maintenance, and annual preventative maintenance of the american legion building. Areas of building maintenance include heating ventilation and air conditioning (hvac), electrical, structural, plumbing and piping systems, fire and safety equipment, painting, and small equipment repair/replacement. Activity maintains the american legion building and therefore american legion charitable operations conducted in the building. Ensures that the grounds on which the american legion building sits are attractive, orderly, and healthy. Specific activities include mowing, edging, fertilization, mulching, and repair and maintenance for the parking lot, outdoor lighting, and pavilion. Maintains the american legion grounds, providing a pleasant environment for its members. Adopted by the board of directors on 6/20/19. Note: we have designated these exempt purpose accomplishments for the organization as redone for fiscal year 20/21 and form 1024. Not all expenses shown on the return are categorized into these categories as effectively as they will be in fy20/21 because the chart of accounts were redone at the end of fy19/20 to better ensure proper classification into these categories.

Operating model

Revenue model
Other-operating. 87% of the money available for current operations came from other operating revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and assets have declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 81
  • Transparency & Controls: 90
  • Accountability: 64
  • Sustainability: 49
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 88.2%; rating input score 88
  • Program expense ratio: 95.1%; rating input score 95
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th 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: 100%; rating input score 100; 63rd 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

Sustainability

  • Operating margin: 7.3%; rating input score 55; 55th percentile among comparable filings
  • Total-asset coverage ratio: 0.4; rating input score 20; 20th 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

Growth

  • Program expense growth: Limited
  • Revenue growth: 14% per year; rating input score 100; 80th percentile among comparable filings
  • Asset growth: -1.1% per year; rating input score 0; 21st percentile among comparable filings

Details

  • Where the money goes: 88.2% of revenue deployed · 95.1% of spending went to programs
  • Governance: 7 of 7 board members independent · 1 of 7 filing controls reported
  • Programs: 4 filed program accomplishments
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 19 of 19 current checks pass
  • Schedules: 2 filed schedules
  • 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 — Accountability: Governance controls: 5 of 6 not reported.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 20/100.
  • Review — Sustainability: Operating margin scored 55/100.