Beech Grove Post 276 American Legion Inc is located in Beech Grove, IN. The organization was established in 1946. According to its NTEE Classification (W30) the organization is classified as: Military & Veterans Organizations, under the broad grouping of Public & Societal Benefit and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Beech Grove Post 276 American Legion Inc is a 501(c)(19) and as such, is described as a "Post or Organization of Past or Present Members of the Armed Forces" by the IRS.
For the year ending 06/2024, Beech Grove Post 276 American Legion Inc generated $188.4k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $190.6k during the year ending 06/2024. While expenses have increased by 14.8% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO HELP NEEDY VETERANS AND THEIR FAMILY WHILE SERVING OUR COUNTRY AND AFTER DISCHARGE
Describe the Organization's Program Activity:
Part 3 - Line 4a
GAMING ROOM INCOME AND ESPENSES
BAR ROOM SALES OF FOOD AND BEVERAGES ALONG WITH SNACKS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Al Figueroa Commander | Officer | 30 | $0 |
Joe Allen 1st Vice | Officer | 10 | $0 |
Tom Gray 2nd Vice | Officer | 5 | $0 |
Gene Stach Service Office | Officer | 10 | $0 |
Rob Rowley Judge Advocate | Officer | 25 | $0 |
Stephen Vaugh Chaplain | Trustee | 10 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $6,661 |
Fundraising events | $700 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $8,697 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $16,058 |
Total Program Service Revenue | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $830 |
Net Gain/Loss on Asset Sales | $72 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $118,493 |
Net Income from Sales of Inventory | $50,024 |
Miscellaneous Revenue | $0 |
Total Revenue | $188,360 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $25,714 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $3,773 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $5,847 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $125 |
Office expenses | $3,432 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $2,975 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $2,875 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $7,036 |
Insurance | $6,979 |
All other expenses | $131,803 |
Total functional expenses | $190,559 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $194,520 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $100,564 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $295,084 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $996 |
Total liabilities | $996 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $296,287 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | -$2,199 |
Total liabilities and net assets/fund balances | $295,084 |