American Legion
- Assets
- $62.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Shamrock, TX
- Founding
- 04/1942
- Data as of
- 12/2023
- EIN
- 75-6051210
Organization Overview
American Legion is located in Shamrock, 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. 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 12/2023, American Legion generated $78.1k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 9.1% each year. All expenses for the organization totaled $66.8k during the year ending 12/2023. While expenses have increased by 1.6% per year over the past 5 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
2023
Describe the Organization's Program Activity:
Part 3
DEVELOPMENT OF AMERICAN LEGION MEMORIAL PARK, RECREATIONAL AND ASSOCIATIONAL NEEDS MET.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jerry Bourland Commanding Officer | 10 | $0 | |
Rick Wright Financial Officer | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,205 |
| Total Program Service Revenue | $385 |
| Membership dues | $4,232 |
| Investment income | $79 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $78,084 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $2,646 |
| Salaries, other compensation, and employee benefits | $31,081 |
| Professional fees and other payments to independent contractors | $2,600 |
| Occupancy, rent, utilities, and maintenance | $11,699 |
| Printing, publications, postage, and shipping | $1,344 |
| Other expenses | $13,453 |
| Total expenses | $66,823 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $26,965 |
| Other assets | $0 |
| Total assets | $62,346 |
| Total liabilities | $2,068 |
| Net assets or fund balances | $60,278 |