American Legion is located in Lexington, 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 12/2022, American Legion generated $57.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $55.8k during the year ending 12/2022. While expenses have increased by 1.7% per year over the past 7 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
DONATIONS / REWARDS TO CHILDREN COMMUNITY ORGANIZATIONS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Joe Richardson Commander | 8 | $0 | |
Larry Coomer Adjutant | 8 | $0 | |
Fred Washington Chaplain | 8 | $0 | |
Bernard Love Treasurer | 15 | $0 | |
Fred Washington First Vice Commander | 8 | $0 | |
Richard Gooch Service Officer | 8 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $655 |
Total Program Service Revenue | $0 |
Membership dues | $2,349 |
Investment income | $4,500 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $56,989 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $10,277 |
Professional fees and other payments to independent contractors | $1,514 |
Occupancy, rent, utilities, and maintenance | $9,794 |
Printing, publications, postage, and shipping | $127 |
Other expenses | $34,118 |
Total expenses | $55,830 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $10,157 |
Other assets | $0 |
Total assets | $130,617 |
Total liabilities | $0 |
Net assets or fund balances | $130,617 |