American Legion Post
- Assets
- $162.0k
- Revenue
- $143.3k
- Investments
- $0.0
- Employees
- 5
- Location
- Bonham, TX
- Founding
- 04/1942
- Data as of
- 12/2022
- EIN
- 75-6050993
Organization Overview
American Legion Post is located in Bonham, TX. The organization was established in 1942. 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 Post employed 5 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. American Legion Post 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 Post generated $143.3k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $147.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.8%) per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE SOCIAL AND RECREATIONAL ACTIVITES FOR MEMBERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE LEGION PROVIDES A PLACE FOR ITS MEMBERS TO GATHER AND SOCIALIZE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason Laughing Commander | OfficerTrustee | 6 | $0 |
Larry Jones Chaplin | OfficerTrustee | 0 | $0 |
Johnny Oriz Adjutant | OfficerTrustee | 0 | $0 |
Joe Frizzell First Vice Com | OfficerTrustee | 0 | $0 |
Nate Wolf Service Officer | OfficerTrustee | 6 | $0 |
Ben Taylor Second Vice Com | Officer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,141 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,141 |
| Total Program Service Revenue | $2,183 |
| Investment income | $234 |
| 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 | $0 |
| Net Income from Sales of Inventory | $136,757 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $143,315 |
| 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 | $59,159 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,291 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,610 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $625 |
| Office expenses | $431 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $31,437 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,974 |
| Insurance | $0 |
| All other expenses | $2,158 |
| Total functional expenses | $147,579 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,319 |
| Savings and temporary cash investments | $75,848 |
| 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 | $7,082 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $62,774 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $162,023 |
| Accounts payable and accrued expenses | $1,570 |
| 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 | $1,570 |
| Net assets without donor restrictions | $160,453 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $162,023 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Gi Forum National Veterans Outreach Program Inc San Antonio, TX | $6,075,829 | $12,361,795 |
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Louisiana National Guard Foundation New Orleans, LA | $5,835,401 | $6,505,889 |
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American Legion Clovis, NM | $323,823 | $3,104,581 |
Combat Marine Outdoors Inc Houston, TX | $1,866,228 | $2,870,312 |
American Legion Clovis, NM | $235,874 | $1,801,640 |
Veterans Of Foreign Wars Of The United States Dept Of Texas Copperas Cve, TX | $546,071 | $1,909,310 |
American Legion Austin, TX | $7,412,004 | $1,863,301 |
Wish For Our Heroes Inc San Antonio, TX | $1,716,093 | $1,811,976 |
Veterans Of Foreign Wars Of The United States Dept Of Texas Georgetown, TX | $401,147 | $1,318,650 |
Nextop Inc Houston, TX | $488,854 | $1,385,969 |