American Legion Post 503

Tax-deductible

Calabash, NC501(c)(19)Since 1998EIN 56-2189359

Support of US military veterans and their families

501(c)(19) charity; gifts are tax-deductible.
17¢ of each $1 spent went to programs.
Run by 75 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · 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?
4 of 4
years in the black
Pt I · Ln 19 · 4 filings
How much reaches the programs?
17%
of spending
Pt IX · Ln 25 · col B
Do they have reserves?
21 mo
of spending, in cash
Pt X · Ln 1–2 · Pt I · Ln 18
Do they carry debt?
$0
liabilities
Pt X · Ln 26
Who oversees it?
0
independent of 15 voting board members
Pt VI · Ln 1a–1b
Revenue
$173K
+7% vs prior year
Spent
$129K
To programs
17%
Net assets
$900K
By yearFY2021–FY2025
Revenue
$173K
FY2025▲ +7%
Revenue by fiscal year
FY2021$138K
FY2023$188K
FY2024$168K
FY2025$161K
FY2025$173K
Expenses
$129K
FY2025▲ +3%
Expenses by fiscal year
FY2021$65K
FY2023$127K
FY2024$116K
FY2025$126K
FY2025$129K
Net assets
$900K
FY2025▲ +5%
Net assets by fiscal year
FY2021$684K
FY2023$769K
FY2024$821K
FY2025$856K
FY2025$900K

From the FY2025 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?
Yes — filed FY2025
Legal name (IRS)Hdr · item CAmerican Legion Post 503
EINHdr · item D56-2189359
Exempt statusHdr · item I501(c)(19) · active
Ruling yearIRS BMFMar 1946
Year of formationHdr · item L1998
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CCalabash, NC
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 $0.17 Management & general $0.68
Program services17%$22K
Management & general68%$88K
Total functional expensesLn 25$129K

Financial health

Is it on solid ground?

Surplus margin
+25%
revenue over expenses, this year▲ +15% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Total assets
$900K
FY2025▲ +5%
Total assets by fiscal year
FY2021$684K
FY2023$769K
FY2024$821K
FY2025$856K
FY2025$900K
Total liabilities
$0
FY2025
Total liabilities by fiscal year
FY2021$0
FY2023$0
FY2024$0
FY2025$0
FY2025$0
Revenue less expensesPt I · Ln 19$44K
Total assetsPt X · Ln 16$900K
Program-expense ratioPt IX · col B17%
Voting members of governing bodyPt I · Ln 315
Independent voting membersPt I · Ln 4pending

Balance Sheet

Part X · end of year
CashLn 1$226K
Total assetsLn 16$900K
Total liabilitiesLn 26$0
Total net assetsLn 32$900K
Months of cash on handcomputed21.0

Statement of Revenue

Part VIII
Other revenue$148K · 86%
Contributions & grants$22K · 12%
Investment income$3K · 2%
Other revenue86%$148K
Contributions & grants12%$22K
Investment income2%$3K
Total revenueLn 12$173K

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $226K · Operating expenses/yr $129K
21.0 months
Where the money goes
Program services
Program services $22K · Total expenses $129K
not reported
Management & General
Management & general $88K · Total expenses $129K
not reported
Fundraising
Fundraising $0 · Total expenses $129K
not reported
Cost to raise $1
Fundraising expense (3-yr avg) $1K · Solicited contributions (3-yr avg) $21K
$0.07 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $22K · Total revenue $173K
12%
Government reliance
Government grants — · Total revenue $173K
—
Earned-income share
Program service revenue $0 · Total revenue $173K
0%
Investment reliance
Investment income $3K · Total revenue $173K
+2%
Program self-sufficiency
Program service revenue $0 · Total expenses $129K
0%
Growth & trend
Revenue growth (YoY)
This year $173K · Prior year $161K
+7%
Revenue CAGR
FY2020 $138K · FY2025 $173K
+5%
Net-asset trend (YoY)
End of year $900K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $173K · Expenses $129K
+25%
Liabilities-to-Assets
Total liabilities — · Total assets $900K
—
Net-asset ratio
Net assets $900K · Total assets $900K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $900K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Brian Phelps · Reported title COMMANDER · Highest reported compensation $0 · Total expenses $129K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $129K
—
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 17%——
Overhead ratio 68%——
Revenue growth 7%——

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
Commander
$0Pt VII · Sec A
1st Vice Commander
$0Pt VII · Sec A
2nd Vice Commander
$0Pt VII · Sec A
Adjutant
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Resource Officer
$0Pt VII · Sec A
$0Pt VII · Sec A
See American Legion Post 503 executive salaries →

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Governance & Policies

Part VI
  • 15Voting 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.

Helps US military veterans and their families with support and resources.

Provided by the organization

This section is blank until American Legion Post 503 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 · FY2025.
01

Support of various patriotic activites organized for us military veterans, along with non-profit programs ranging from NC trooper program and american legion boys and girls state programs

Pt IX · col B

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Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2025 $161K$126K-4% 990 PDF
FY2024 $168K$116K-11% 990 PDF
FY2023 $188K$127K+36% 990 PDF
FY2022 Not on file
FY2021 $138K$65K 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) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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