American Legion Post 38

Redwood Falls, MN · Mutual-benefit / member-serving

✓ Tax-deductible
Revenue
$370K
+57% vs prior year
Spent
$383K
To programs
10%
Net assets
$316K
By yearFY2020–FY2024
Revenue
$370K
FY2024▲ +57%
Revenue by fiscal year
FY2020$142K
FY2021$234K
FY2022$192K
FY2023$235K
FY2024$370K
Expenses
$383K
FY2024▲ +87%
Expenses by fiscal year
FY2020$159K
FY2021$181K
FY2022$195K
FY2023$205K
FY2024$383K
Net assets
$316K
FY2024▼ -4%
Net assets by fiscal year
FY2020$248K
FY2021$301K
FY2022$299K
FY2023$329K
FY2024$316K

From the FY2024 Form 990 · see the original

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Legal name (IRS)Hdr · item CAmerican Legion Post 38
EINHdr · item D41-0213705
Exempt statusHdr · item I501(c)(19) · active
Ruling yearIRS BMFFeb 1934
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CRedwood Falls, MN
NTEE classificationIRS BMFNonprofit

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.10 Management & general $0.36 Fundraising $0.54
Program services10%$38K
Management & general36%$138K
Fundraising54%$207K
Total functional expensesLn 25$383K

Financial health

Is it on solid ground?

Surplus margin
-3%
revenue over expenses, this year▼ -127% vs prior filing year
Program spending
10%
of expenses reach programs▼ -90% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total assets
$320K
FY2024▼ -4%
Total assets by fiscal year
FY2020$249K
FY2021$303K
FY2022$302K
FY2023$333K
FY2024$320K
Total liabilities
$4K
FY2024▲ +2%
Total liabilities by fiscal year
FY2020$1K
FY2021$3K
FY2022$3K
FY2023$4K
FY2024$4K
Revenue less expensesPt I · Ln 19−$13K
Total assetsPt X · Ln 16$320K
Program-expense ratioPt IX · col B10%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 4pending

Balance Sheet

Part X · end of year
CashLn 1$169K
Total assetsLn 16$320K
Total liabilitiesLn 26$4K
Total net assetsLn 32$316K
Months of cash on handcomputed5.3

Statement of Revenue

Part VIII
Other revenue$355K · 96%
Program service revenue$11K · 3%
Contributions & grants$4K · 1%
Other revenue96%$355K
Program service revenue3%$11K
Contributions & grants1%$4K
Investment income$246
Total revenueLn 12$370K

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $169K · Operating expenses/yr $383K
5.3 months
Where the money goes
Program services
Program services $38K · Total expenses $383K
10%
Management & General
Management & general $138K · Total expenses $383K
36%
Fundraising
Fundraising $207K · Total expenses $383K
54%
Cost to raise $1
Fundraising expense (3-yr avg) $69K · Solicited contributions (3-yr avg) $10K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $4K · Total revenue $370K
1.0%
Government reliance
Government grants — · Total revenue $370K
—
Earned-income share
Program service revenue $11K · Total revenue $370K
3%
Investment reliance
Investment income $246 · Total revenue $370K
+0.07%
Program self-sufficiency
Program service revenue $11K · Total expenses $383K
3%
Growth & trend
Revenue growth (YoY)
This year $370K · Prior year $235K
+57%
Revenue CAGR
FY2020 $142K · FY2024 $370K
+27%
Net-asset trend (YoY)
End of year $316K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $370K · Expenses $383K
-3%
Liabilities-to-Assets
Total liabilities — · Total assets $320K
—
Net-asset ratio
Net assets $316K · Total assets $320K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $320K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Dawn Breitkreutz · Reported title FINANCE OFFICER · Highest reported compensation $0 · Total expenses $383K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $109K · Total expenses $383K
29%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 10%——
Overhead ratio 36%——
Fundraising cost ratio ×57——
Revenue growth 57%——
Accounting fee ratio 1%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Finance Officer
$0Pt VII · Sec A
Commander
$0Pt VII · Sec A
$0Pt VII · Sec A
See American Legion Post 38 executive salaries →

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Governance & Policies

Part VI
  • 3Voting board membersPt VI · Ln 1a
  • –Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aNo
  • Whistleblower policyPt VI · Ln 13No
  • Document retention policyPt VI · Ln 14No
  • Top official’s pay independently reviewedPt VI · Ln 15aNo
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Offers a meeting place and support for members and their families.

Provided by the organization

This section is blank until American Legion Post 38 claims this page.

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Mission & Programs · Part III

Where the work happens

1 program service account for $38K of program spending, described in the organization's own filed words · FY2024.
01

The organization provides meeting place for members and families and other support activities.

$38Kprogram expense

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Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2024 Latest Viewing $370K$383K+57% 990 PDF
FY2023 $235K$205K+22% 990 PDF
FY2022 $192K$195K-18% 990 PDF
FY2021 $234K$181K+65% 990 PDF
FY2020 $142K$159K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

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