American Legion Post 87

IRS exemption revoked

High Point, NC501(c)(19)Public & Societal BenefitEIN 56-6088347Revenue $156K in FY2024

On file with the IRS409 W High Ave, 27260-6530 · High Point, NCTax-exempt since Mar 1946

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To promote the common good and the general welfare of the people of the united states of america by raising money for the charitable and educational programs of the American Legion department of north carolina, its posts, and other non-profit organization posts.

96¢ of each $1 spent went to programs.
Run by 50 volunteers and 5 employees.
Mission: Form 990 Part I, line 1 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
Revoked
IRS exemption revoked
Concern: the IRS revoked its tax exemption.
IRS Auto-Revocation List
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 3
filings with a surplus
Average surplus $14K a year · 10% of revenue · last 3 filings
Fine: a surplus in 2 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
96%
of spending
Looks good: 96% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$3K
to officers and key staff · 2% of spending
Top officer’s pay lower than 97% of similar orgs
Looks good: pay to officers and key staff is 2% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 4.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$6K
4% of total assets
Looks good: liabilities are 4% of assets; 50% or less.
Pt X · Ln 26
Independent board members
17
of 17 voting members
Looks good: 17 of 17 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$156K
+29% vs prior year
Spent
$148K
To programs
96%
Net assets
$138K
By yearFY2022–FY2024
Revenue
$156K
FY2024▲ +29%
Tap a bar for its year
Revenue by fiscal year
FY2022$131K
FY2023$120K
FY2024$156K
Expenses
$148K
FY2024▲ +22%
Tap a bar for its year
Expenses by fiscal year
FY2022$97K
FY2023$121K
FY2024$148K
Net assets
$138K
FY2024▲ +6%
Tap a bar for its year
Net assets by fiscal year
FY2022$131K
FY2023$131K
FY2024$138K

From the FY2024 Form 990 · see the original

Form 990 (PDF) Claim
IRS revoked this organization's tax-exempt status on May 15, 2019

Is it real?

No. The IRS revoked its tax exemption. 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

96 cents of each dollar spent went to programs.

Program services 96% · $143K Management & general 3% · $5K Fundraising 0% · $405

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

17 people listed on the 990; $3K paid to officers and key staff.

Part VII, Section A · reportable compensation
Finance Officer/Chaplain
$2,800Pt VII · Sec A
2nd Vice Commander
$0Pt VII · Sec A
3rd Vice Commander
$0Pt VII · Sec A
Adjutant
$0Pt VII · Sec A
Service Officer
$0Pt VII · Sec A
Judge Advocate
$0Pt VII · Sec A
Historian
$0Pt VII · Sec A
Historian
$0Pt VII · Sec A

Doug Cooper’s $3K as Finance Officer/Chaplain is at the 3rd percentile of top reported officer pay among 1043 $100K–1M public & societal benefit nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023
Doug Cooper$2,800$2,200

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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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
  • Loans to or from officersSch L · Pt II1 listed

Programs and updates

Raises money for charitable and educational programs supporting veterans and their communities.

Questions for American Legion Post 87

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Provided by the organization

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1 program · $143K · in their own filed words · FY2024
01

Provided meeting place for usa veterans, service members, and volunteers for our armed services

$143Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 1 grant · $28K · 2024–2024
Unitemized GrantFY2024$28,054

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$156K
Ln 12
Other incomeLn 4–11$139K
Fees for servicesLn 2g$14K
Gifts and grantsLn 1h$3K
Money outPt IX
$148K
Ln 25
Programscol B$143K
Managementcol C$5K
Fundraisingcol D$405
Owns and owesPt X
$138K
net assets · Ln 32
Cash and savingsLn 1–2$54K
Total assetsLn 16$144K
LiabilitiesLn 26$6K
PeoplePt VI, VII
17
listed · VII A
PaidVII A1
Voting boardVI 1a17
IndependentVI 1b17
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$3K
Noncash giftsLn 1g$800
Fees for servicesLn 2g$14K
Investment incomeLn 3$74
Other incomeLn 4–11$139K
Total revenueLn 12$156K
Assets in detailPt X, end of year
CashLn 1$40K
SavingsLn 2$14K
Cash and savings togetherLn 1–2$54K
Land, buildings, equipmentLn 10c$87K
Other assetsLn 15$3K
Total assetsLn 16$144K
LiabilitiesLn 26$6K
Net assetsLn 32$138K
OperationsPt I, VI
EmployeesI 55
VolunteersI 650
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 FY24End FY24
Cash and savingsLn 1–2$93K$54K
Land, buildings, equipmentLn 10c$38K$87K
Total assetsLn 16$132K$144K
LiabilitiesLn 26$1K$6K
Net assetsLn 32$131K$138K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$28K$28K
Pay of current officers, directors and key staffLn 5$3K$3K
Other salaries and wagesLn 7$29K$29K
Payroll taxesLn 10$1K$1K
Accounting feesLn 11c$5K$5K
Other fees for servicesLn 11g$14K$14K
Advertising and promotionLn 12$405$405
Office expensesLn 13$23K$23K
OccupancyLn 16$35K$35K
Depreciation, depletion and amortizationLn 22$2K$2K
InsuranceLn 23$5K$5K
Other expenses (24a–d)Ln 24$4K$4K
Total functional expensesLn 25$148K$143K$5K$405

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $156K$148K$8K$138K 990 PDF
FY2023 $120K$121K−$796$131K 990 PDF
FY2022 $131K$97K$34K$131K 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 FY2024 990 (6 parts)
Part I · Summary $155,504 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $5,679$3,090
I-9 Program service revenuePrior year $12,570$13,587
I-10 Investment incomePrior year $0$74
I-11 Other revenuePrior year $102,126$138,753
I-12 Total revenuePrior year $120,375$155,504
I-13 Grants and similar amounts paidPrior year $9,804$28,056
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $22,677$32,656
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $88,690$87,104
I-18 Total expensesPrior year $121,171$147,816
I-19 Revenue less expensesPrior year −$796$7,688
Part VI · Governance 17 of 17 board members independent, 4 to look at
VI-1a Voting members of the governing body17
VI-1b Independent voting members17
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $155,504 across 8 lines filed
Lines not itemized here account for $137,516 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$3,090
VIII-1g Noncash contributions (included above)$800
VIII-1h Total contributions, gifts and grants$3,090
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $13,587$13,587
VIII-3 Investment incomeExcluded from tax $74$74
VIII-8 Net income from fundraising eventsExcluded from tax $854$854
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $383$383
VIII-12 Total revenueRelated to mission $151,103 · Unrelated business $0 · Excluded from tax $1,311$155,504
Part IX · Statement of functional expenses $147,816 across 12 lines filed
IX-2 Grants to domestic individualsPrograms $28,056$28,056
IX-5 Pay of current officers, directors and key staffPrograms $2,800$2,800
IX-7 Other salaries and wagesPrograms $28,756$28,756
IX-10 Payroll taxesPrograms $1,100$1,100
IX-11c Accounting feesManagement $4,873$4,873
IX-11g Other fees for servicesPrograms $13,626$13,626
IX-12 Advertising and promotionFundraising $405$405
IX-13 Office expensesPrograms $22,771$22,771
IX-16 OccupancyPrograms $34,646$34,646
IX-22 Depreciation, depletion and amortizationPrograms $1,819$1,819
IX-23 InsurancePrograms $5,415$5,415
IX-24 Other expenses (24a–d)Programs $3,549$3,549
IX-25 Total functional expensesPrograms $142,538 · Management $4,873 · Fundraising $405$147,816
Part X · Balance sheet $144,418 assets, 9 lines filed
Asset lines not itemized here account for $950; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $79,490$39,975
X-2 Savings and temporary cash investmentsStart of year $13,579$13,579
X-10c Land, buildings and equipment, netStart of year $37,797$86,669
X-15 Other assetsStart of year $0$3,245
X-16 Total assetsStart of year $131,966$144,418
X-25 Other liabilitiesStart of year $1,317$6,082
X-26 Total liabilitiesStart of year $1,317$6,082
X-32 Total net assets or fund balancesStart of year $130,649$138,336
X-33 Total liabilities and net assetsStart of year $131,966$144,418
Part XI · Reconciliation of net assets $138,336 net assets at year end
XI-1 Total revenue$155,504
XI-2 Total expenses$147,816
XI-3 Revenue less expenses$7,688
XI-4 Net assets at start of year$130,649
XI-9 Other changes in net assets−$1
XI-10 Net assets at end of year$138,336

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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