American Legion Post 129 FY2022 filing

Tax-deductible

Ashland, NE501(c)(19)EIN 47-0463575

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Provide a wide range of support activities for vetrans and their families

501(c)(19) charity; gifts are tax-deductible.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(19)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 4
filings with a surplus
Average surplus $21K a year · 13% of revenue · last 4 filings
Worth a look: a surplus in 2 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Cash reserves
34 mo
of spending, in cash
Looks good: 33.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$130K
-51% vs prior year
Spent
$136K
Net assets
$1.4M
By yearFY2021–FY2024
Revenue
$130K
FY2022▼ -51%
Revenue by fiscal year
FY2021$265K
FY2022$130K
FY2023$99K
FY2024$161K
Expenses
$136K
FY2022▼ -10%
Expenses by fiscal year
FY2021$152K
FY2022$136K
FY2023$194K
FY2024$91K
Net assets
$1.4M
FY2022▲ +3%
Net assets by fiscal year
FY2021$1.3M
FY2022$1.4M
FY2023$1.4M
FY2024$1.4M

From the FY2022 Form 990 · see the original

Form 990 (PDF) Claim
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 1946.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Fundraising 46% · $62K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

3 people listed on the 990.

Part VII, Section A · reportable compensation
Commander
$0Pt VII · Sec A
1st Vicecommander
$0Pt VII · Sec A
$0Pt VII · Sec A
See American Legion Post 129 executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Supports veterans and their families with a wide range of services.

Provided by the organization

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1 program · in their own filed words · FY2022
01

Haveprovided necessary assistance

Pt IX · col B

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$130K
Ln 12
Gifts and grantsLn 1h$97K
Other incomeLn 4–11$28K
Investment incomeLn 3$5K
Money outPt IX
$136K
Ln 25
Fundraisingcol D$62K
Owns and owesPt X
$1.4M
net assets · Ln 32
Cash and savingsLn 1–2$380K
Total assetsLn 16$1.4M
LiabilitiesLn 26$0
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a0
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$97K
Investment incomeLn 3$5K
Other incomeLn 4–11$28K
Total revenueLn 12$130K
Assets in detailPt X, end of year
CashLn 1$254K
SavingsLn 2$126K
Cash and savings togetherLn 1–2$380K
Land, buildings, equipmentLn 10c$977K
Total assetsLn 16$1.4M
LiabilitiesLn 26$0
Net assetsLn 32$1.4M
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$359K$380K
Land, buildings, equipmentLn 10c$959K$977K
Total assetsLn 16$1.3M$1.4M
LiabilitiesLn 26$0$0
Net assetsLn 32$1.3M$1.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Office expensesLn 13$6K
TravelLn 17$510
Depreciation, depletion and amortizationLn 22$36K
InsuranceLn 23$9K
Other expenses (24a–d)Ln 24$45K
All other expensesLn 24e$40K
Total functional expensesLn 25$136K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $161K$91K$70K$1.4M 990 PDF
FY2023 $99K$194K−$94K$1.4M 990 PDF
FY2022 Viewing $130K$136K−$6K$1.4M 990 PDF
FY2021 $265K$152K$114K$1.3M 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
See the full FY2022 990 (4 parts)
Part VIII · Statement of revenue $129,937 across 6 lines filed
VIII-1b Membership dues$5,295
VIII-1f All other contributions, gifts and grants$29,295
VIII-1h Total contributions, gifts and grants$96,577
VIII-3 Investment income$4,954
VIII-6 Net rental income or loss$28,406
VIII-12 Total revenue$129,937
Part IX · Statement of functional expenses $135,840 across 6 lines filed
IX-13 Office expenses$5,576
IX-17 Travel$510
IX-22 Depreciation, depletion and amortization$36,167
IX-23 Insurance$8,740
IX-24 Other expenses (24a–d)$44,840
IX-24e All other expenses$40,007
IX-25 Total functional expenses$135,840
Part X · Balance sheet $1,363,792 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $289,832$254,354
X-2 Savings and temporary cash investmentsStart of year $68,898$125,934
X-8 Inventories for sale or useStart of year $8,357$6,338
X-10c Land, buildings and equipment, netStart of year $958,568$977,166
X-16 Total assetsStart of year $1,325,655$1,363,792
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $1,325,655$1,363,792
X-33 Total liabilities and net assetsStart of year $1,325,655$1,363,792
Part XI · Reconciliation of net assets $1,363,792 net assets at year end
XI-1 Total revenue$129,937
XI-2 Total expenses$135,840
XI-3 Revenue less expenses−$5,903
XI-4 Net assets at start of year$1,325,655
XI-9 Other changes in net assets$44,040
XI-10 Net assets at end of year$1,363,792

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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