American Legion is located in Floyds Knobs, 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. As of 12/2022, American Legion employed 6 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. American Legion 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 12/2022, American Legion generated $164.2k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $177.5k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
COMMUNITY SERVICE
Describe the Organization's Program Activity:
Part 3 - Line 4a
SERVICE TO AMERICAN VETERANS
DONATIONS TO CHARITIES AMER. LEGION CHILD WELFARE FUND $1000 CRUSADE FOR CHILDREN $1000 ELKS $1000 ST. JUDES HOSPITAL $1000 SO.IN VET LIVING & REHABILITATION $1600 BIKES OR BUST $ 600 MISCELLANEOUS DONATIONS $2342
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sue Hunt Commander | Officer | 15 | $0 |
Don Nelson 1st. Vice Commander | Officer | 1 | $0 |
David Fitzgerald 2nd. Vice Commander | Officer | 1 | $0 |
John Bubala Finance Officer | Officer | 10 | $0 |
James Hurst Bar Manager | 35 | $0 | |
All Other Employees 9 Cleaning, Bar Tending | Officer | 10 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $15,832 |
Fundraising events | $19,723 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $3,198 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $38,753 |
Total Program Service Revenue | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $39,607 |
Net Income from Sales of Inventory | $84,896 |
Miscellaneous Revenue | $0 |
Total Revenue | $164,189 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $8,542 |
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 | $61,096 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $6,062 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $3,740 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $1,399 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $17,555 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $960 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $20,867 |
Insurance | $6,761 |
All other expenses | $14,445 |
Total functional expenses | $177,539 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $58,577 |
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 | $4,055 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $575,997 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $638,629 |
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 | $2,888 |
Total liabilities | $2,888 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $7,514 |
Paid-in or capital surplus, or land, building, or equipment fund | $628,227 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $638,629 |