79 Montgomery Post FY2022 filing

Tax-deductible

Montgomery, MN501(c)(19)EIN 41-0664121

Veterans' organization since our charter in 1919,our montgomery, minnesota, american legion post has been welcoming veterans from all branches of our armed forces active and retired.

501(c)(19) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
$26K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
Is it a real charity?
501(c)(19)
not on the IRS revocation list
IRS BMF · Auto-Revocation List
Are gifts tax-deductible?
Yes
Donations are tax-deductible
IRS Pub. 78 · IRS BMF
Is it filing on time?
FY2025
latest Form 990
IRS e-file · Filing history
Is it financially stable?
3 of 5
years in the black
Pt I · Ln 19 · 5 filings
How much reaches the programs?
100%
of spending
Pt IX · Ln 25 · col B
What are leaders paid?
$26K
to officers and key staff · 24% of spending
Pt VII · Sec A
Do they have reserves?
6 mo
of spending, in cash
Pt X · Ln 1–2 · Pt I · Ln 18
Do they carry debt?
$92K
liabilities
Pt X · Ln 26
Who oversees it?
12
independent of 12 voting board members
Pt VI · Ln 1a–1b
Revenue
$16K
+113% vs prior year
Spent
$108K
To programs
100%
Net assets
$330K
By yearFY2021–FY2025
Revenue
$16K
FY2022▲ +113%
Revenue by fiscal year
FY2021$8K
FY2022$16K
FY2023$37K
FY2024$12K
FY2025$57K
Expenses
$108K
FY2022▲ ×14
Expenses by fiscal year
FY2021$8K
FY2022$108K
FY2023$59K
FY2024$11K
FY2025$23K
Net assets
$330K
FY2022▼ -19%
Net assets by fiscal year
FY2021$407K
FY2022$330K
FY2023$308K
FY2024$308K
FY2025$342K

From the FY2022 Form 990 (year ending August 2022) · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

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 FY2025 (typical filing lag)
Legal name (IRS)Hdr · item C79 Montgomery Post
EINHdr · item D41-0664121
Exempt statusHdr · item I501(c)(19) · active
Ruling yearIRS BMFMar 1946
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CMontgomery, 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 $1.00
Program services100%$108K
Total functional expensesLn 25$108K

Financial health

Is it on solid ground?

Surplus margin
-575%
revenue over expenses, this year
Program spending
100%
of expenses reach programs

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Total assets
$422K
FY2022▼ -15%
Total assets by fiscal year
FY2021$499K
FY2022$422K
FY2023$400K
FY2024$402K
FY2025$425K
Total liabilities
$92K
FY2022▲ +0.6%
Total liabilities by fiscal year
FY2021$92K
FY2022$92K
FY2023$93K
FY2024$94K
FY2025$83K
Revenue less expensesPt I · Ln 19−$92K
Total assetsPt X · Ln 16$422K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 312
Independent voting membersPt I · Ln 412

Balance Sheet

Part X · end of year
CashLn 1$52K
Total assetsLn 16$422K
Total liabilitiesLn 26$92K
Total net assetsLn 32$330K
Months of cash on handcomputed5.8

Statement of Revenue

Part VIII
Other revenue$11K · 71%
Contributions & grants$5K · 29%
Other revenue71%$11K
Contributions & grants29%$5K
Total revenueLn 12$16K

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $410K · Operating expenses/yr $108K
45.7 months
Where the money goes
Program services
Program services $108K · Total expenses $108K
100%
Management & General
Management & general $0 · Total expenses $108K
0%
Fundraising
Fundraising $0 · Total expenses $108K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $13K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $5K · Total revenue $16K
29%
Government reliance
Government grants — · Total revenue $16K
—
Earned-income share
Program service revenue $0 · Total revenue $16K
0%
Investment reliance
Investment income $0 · Total revenue $16K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $108K
0%
Growth & trend
Revenue growth (YoY)
This year $16K · Prior year $8K
Prior-year revenue below floor — showing dollar change
Net-asset trend (YoY)
End of year $330K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $16K · Expenses $108K
-575%
Liabilities-to-Assets
Total liabilities — · Total assets $422K
—
Net-asset ratio
Net assets $330K · Total assets $422K
78%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $358K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $422K
85%
People & payroll
Highest Reported Total Compensation
Individual Greg Harstad · Reported title GAMBLING MANAGER · Highest reported compensation $13K · Total expenses $108K
13%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $108K
—
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 100%——
Overhead ratio 0%——
Fundraising cost ratio 0%——
Revenue growth 113%——

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 · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Gambling Manager
$13,488Pt VII · Sec A
Club Manager/Booking Agent
$12,364Pt VII · Sec A
Post Chaplin
$0Pt VII · Sec A
Sgt at Arms
$0Pt VII · Sec A
Executive Board Member
$0Pt VII · Sec A
Executive Board Member
$0Pt VII · Sec A
Executive Board Member
$0Pt VII · Sec A
1st Vice Commandar
$0Pt VII · Sec A

Compensation history total reportable pay by year · 7 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Jill Smith——$45,044$12,364—
Stacey Brown$34,169$41,847———
Greg Harstad$10,000$17,000$14,500$13,488—
David Fladhammer$10,200————
Christina Whitcomb————$6,805
Courtney Persing$3,750————
Cory Kotek$2,500————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Governance & Policies

Part VI
  • 12Voting board membersPt VI · Ln 1a
  • 12Independent 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.

Welcomes veterans from all branches of the armed forces.

Provided by the organization

This section is blank until 79 Montgomery Post claims this page.

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Mission & Programs · Part III

Where the work happens

1 program service, described in the organization's own filed words · FY2021.
01

To uphold and defend the constitution of the united states of america. To inculcate a sense of individual obligation to the community, state, and nation. To promote peace and goodwill on earth.

Pt IX · col B

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Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2025 Latest $57K$23K+395% 990 PDF
FY2024 $12K$11K-69% 990 PDF
FY2023 $37K$59K+131% 990 PDF
FY2022 Viewing $16K$108K+113% 990 PDF
FY2021 $8K$8K 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) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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