American Legion
- Assets
- $225.1k
- Revenue
- $116.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Versailles, KY
- Founding
- 03/1946
- Data as of
- 12/2021
- EIN
- 61-1370112
Organization Overview
American Legion is located in Versailles, KY. 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. 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 12/2021, American Legion generated $116.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.3%) each year. All expenses for the organization totaled $115.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.3%) per year over the past 6 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE FINANCIAL SUPPORT FOR COMMUNITY ORGANIZATIONS, DONATE THROUGH CONTRIBUTIONS FROM GAMING, SUPPORTING LOCAL SCHOOLS, FIRE DEPARTMENTS, POLICE DEPARTMENTS AND THE LIBRARY
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE FINANCIAL SUPPORT FOR COMMUNITY ORGANIZATIONS, DONATE THROUGH CONTRIBUTIONS FROM GAMING, SUPPORTING LOCAL SCHOOLS, FIRE DEPARTMENTS, POLICE DEPARTMENTS AND THE LIBRARY
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cl Watts Officer | Officer | 0 | $0 |
Dean Farris Execuitve Board | Officer | 0 | $0 |
Howard Whitehead Sargent At Arms | Officer | 0 | $0 |
Nathan Lauderdale President | Officer | 0 | $0 |
Ray Canada Treasuer | Officer | 0 | $0 |
William Warren Judge Advocate | Officer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $2,560 |
| Fundraising events | $956 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,347 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,863 |
| Total Program Service Revenue | $0 |
| Investment income | $4 |
| 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 | $87,423 |
| Net Income from Sales of Inventory | $23,865 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $116,155 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $7,652 |
| Grants and other assistance to domestic individuals. | $4,600 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $1,944 |
| 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 | $37,088 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,425 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,350 |
| Office expenses | $393 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $18,695 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,175 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,790 |
| Insurance | $6,078 |
| All other expenses | $0 |
| Total functional expenses | $115,824 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $24,346 |
| Savings and temporary cash investments | $12,664 |
| 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 | $188,044 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $225,054 |
| 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 | $1,699 |
| Total liabilities | $1,699 |
| 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 | $223,355 |
| Total liabilities and net assets/fund balances | $225,054 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Veterans Of Foreign Wars Of The United States Kansas City, MO | $242,275,685 | $98,113,411 |
American Legion Indianapolis, IN | $141,288,704 | $82,016,470 |
Army Emergency Relief Arlington, VA | $416,891,741 | $42,370,093 |
Navy-Marine Corps Relief Society Arlington, VA | $160,427,961 | $29,210,374 |
Military Officers Association Of America Alexandria, VA | $184,530,638 | $38,032,797 |
Military Order Of The Purple Heart Service Foundation Inc Annandale, VA | $2,548,586 | $20,677,650 |
H E R O E S Care Inc Fenton, MO | $4,492,001 | $18,882,199 |
Air Force Aid Society Inc Arlington, VA | $262,482,165 | $46,086,376 |
Disabled American Veterans Kansas City, MO | $10,841,900 | $17,342,130 |
American Legion Bowling Green, KY | $1,050,755 | $11,898,405 |
The National Military Family Association Alexandria, VA | $8,448,648 | $9,411,080 |
United Service Organizations Inc Fort Myer, VA | $0 | $2,240,114 |