American Legion
- Assets
- $317.0k
- Revenue
- $185.6k
- Investments
- $0.0
- Employees
- 25
- Location
- Little Falls, MN
- Founding
- 02/1934
- Data as of
- 06/2024
- EIN
- 41-0642783
Organization Overview
American Legion is located in Little Falls, MN. The organization was established in 1934. 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 06/2024, American Legion employed 25 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 06/2024, American Legion generated $185.6k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $149.8k during the year ending 06/2024. 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
WELFARE OF MILITARY VETERANS
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION SERVES ABOUT 500 VETERANS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Schmidt Commander | Officer | 4 | $300 |
Jessica Warzecha Vice Commander | Officer | 1 | $200 |
Robin Arjes Finance Officer | Officer | 3 | $200 |
Robert Thome Color Guard | Officer | 2 | $200 |
Megan Roth-Francis Adjutant | Officer | 2 | $200 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $19,754 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,770 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,524 |
| Total Program Service Revenue | $0 |
| Investment income | $14,978 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $2,125 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $336 |
| Net Income from Gaming Activities | $19,332 |
| Net Income from Sales of Inventory | $126,283 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $185,578 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,000 |
| 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. | $1,100 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $76,554 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,249 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $855 |
| Office expenses | $13,085 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $19,229 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,475 |
| Interest | $0 |
| Payments to affiliates | $1,616 |
| Depreciation, depletion, and amortization | $6,618 |
| Insurance | $8,430 |
| All other expenses | $0 |
| Total functional expenses | $149,758 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $69,797 |
| Savings and temporary cash investments | $182,117 |
| 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 | $6,634 |
| Prepaid expenses and deferred charges | $1,500 |
| Net Land, buildings, and equipment | $56,995 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $317,043 |
| Accounts payable and accrued expenses | $16,336 |
| 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 | $0 |
| Total liabilities | $16,336 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $300,707 |
| Total liabilities and net assets/fund balances | $317,043 |