Is Corey E Garver Post 202 The American Legion Legit?

Quick charity verification for Corey E Garver Post 202 The American Legion (EIN: 16036492)

Verdict: Corey E Garver Post 202 The American Legion appears trustworthy

70/100Mission Score
$377KRevenue
$54KAssets
2Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

Corey E Garver Post 202 The American Legion demonstrates a fluctuating financial performance over the past decade, with recent filings showing a trend of expenses exceeding revenue. For instance, in the 202404 period, expenses were $159,501 against revenues of $141,545, and similarly in 202212, expenses were $167,148 compared to $166,947 in revenue. This consistent deficit spending, while not always severe, suggests a need for careful financial management to ensure long-term sustainability. The organization's assets have also varied, from a low of $28,901 in 201804 to a high of $95,023 in 202404, indicating some volatility in its financial position. The organization consistently reports zero officer compensation across all available filings, which is a strong indicator of volunteer-driven leadership and efficient use of funds in that area. However, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess spending efficiency. The absence of reported liabilities in most recent periods is a positive sign of financial health. Transparency is generally good through its consistent 990 filings, but more granular expense data would enhance a complete understanding of its operational efficiency.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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