AI Transparency Report
The American Legion in Epping, NH demonstrates consistent financial growth and stability over the past decade. Revenue has steadily increased from $258,415 in 2014 to $458,545 in 2023, with assets growing from $260,561 to $643,544 in the same period. The organization consistently operates with a surplus, as seen in 2023 where revenue of $458,545 exceeded expenses of $412,101, indicating sound financial management. Liabilities remain very low, representing a minimal percentage of total assets, which is a positive indicator of financial health.
While specific program spending percentages are not detailed in the provided summary, the consistent operational surplus suggests that the organization is managing its funds effectively. The absence of reported officer compensation across all filings indicates a volunteer-driven leadership structure, which can contribute to lower administrative costs and a higher proportion of funds potentially directed towards its mission. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, a precise assessment of spending efficiency is limited. The organization's consistent filing of IRS Form 990s demonstrates a commitment to regulatory compliance and basic financial transparency.