Is Stephen W Manchester Post 62 American Legion Inc Legit?

Quick charity verification for Stephen W Manchester Post 62 American Legion Inc (EIN: 10490483)

Verdict: Stephen W Manchester Post 62 American Legion Inc appears trustworthy

85/100Mission Score
$54KRevenue
$25KAssets
0Red Flags
4Strengths

No red flags identified.

Strengths

AI Transparency Report

Stephen W Manchester Post 62 American Legion Inc demonstrates a fluctuating but generally stable financial position for a small organization. In the latest filing (202312), the organization reported revenue of $97,167 against expenses of $51,927, resulting in a significant surplus. This marks a positive trend compared to previous years, such as 202212 where expenses ($59,476) exceeded revenue ($50,901). The organization's assets have also shown growth, reaching $88,608 in 202312, up from $43,368 in 202212. Liabilities have remained relatively consistent around $40,000 in recent years, indicating a manageable debt load. The consistent reporting of 0% officer compensation across all filings suggests a volunteer-driven leadership, which is a strong indicator of spending efficiency and dedication to mission over personal gain. The organization's financial health appears to be improving, with a strong surplus in the most recent period contributing to asset growth.

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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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