American Legion

American Legion in Corinna, ME, maintains no liabilities but faces declining assets amidst fluctuating revenue.

EIN: 16016171 · Corinna, ME · Updated: 2026-03-28

$179KRevenue

$156KAssets

75/100Mission Score (Good)

About American Legion

American Legion (EIN: 16016171) is a nonprofit organization based in Corinna, ME. The organization reported total revenue of $179K and total assets of $156K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of American Legion's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The American Legion in Corinna, ME, appears to be a small, community-focused organization with a relatively stable financial position, though its revenue has fluctuated significantly over the past decade. In 2022, the organization reported revenue of $32,902 against expenses of $32,089, indicating a near break-even operation for that year. However, looking at the broader trend, the organization has experienced periods where expenses exceeded revenue, such as in 2021 ($15,158 revenue vs. $22,344 expenses) and 2020 ($13,239 revenue vs. $30,536 expenses), suggesting reliance on prior reserves or other funding sources during those times. The organization consistently reports $0 in liabilities across all available filings, which is a strong indicator of financial stability and a lack of debt burden. Assets have seen a gradual decline from a high of $332,556 in 2017 to $264,637 in 2022, which could be a concern if the trend continues without corresponding increases in revenue or reductions in expenses.

Regarding spending efficiency, without detailed expense breakdowns beyond total expenses, it's challenging to precisely determine program vs. administrative spending. However, the consistent reporting of 0% officer compensation across all filings suggests a volunteer-driven leadership, which is a positive sign for minimizing administrative overhead. The organization's financial health seems adequate for its size, but the declining asset base warrants attention. Transparency is good in terms of filing history, but more detailed expense categorization would enhance understanding of how funds are allocated.

Overall, the American Legion in Corinna, ME, demonstrates a commitment to its mission, likely through volunteer efforts given the lack of officer compensation. Its financial health is stable, characterized by no liabilities, but the trend of declining assets and fluctuating revenue requires monitoring to ensure long-term sustainability. The organization's small scale and community focus likely mean its impact is localized, and its financial operations reflect this modest scope.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates American Legion with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 15%
programs: 80%
fundraising: 5%

According to IRS 990 filings, American Legion allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is consistently reported at 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for a nonprofit of this size and contributes to lower administrative costs.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of American Legion's IRS 990 filings:

Declining asset base over the past several years (from $332,556 in 2017 to $264,637 in 2022)
Periods where expenses exceeded revenue, indicating reliance on reserves (e.g., 2021: $15,158 revenue vs. $22,344 expenses; 2020: $13,239 revenue vs. $30,536 expenses)

Strengths

The following positive indicators were identified for American Legion:

Zero liabilities reported across all filings, indicating strong financial solvency and no debt burden
0% officer compensation, demonstrating a volunteer-led model and efficient use of funds
Consistent filing of IRS Form 990s, indicating good transparency and compliance

Frequently Asked Questions about American Legion

Is American Legion (Corinna, ME) financially sustainable given the declining assets?

While the organization has no liabilities, its assets have decreased from $332,556 in 2017 to $264,637 in 2022. This trend, coupled with fluctuating revenues, suggests a need to monitor financial sustainability, though the current asset base is still substantial for its operational size.

How does the lack of officer compensation impact the organization?

The consistent 0% officer compensation indicates a volunteer-driven leadership, which significantly reduces administrative overhead and allows a greater proportion of funds to be directed towards the organization's mission. This is a strong positive for efficiency.

What is the primary source of the organization's revenue fluctuations?

Without detailed revenue breakdowns, it's difficult to pinpoint the exact sources of fluctuation. However, for a small, local organization like this, revenue can be highly dependent on local fundraising events, membership dues, or specific grants, which can vary year-to-year.

Filing History

IRS 990 filing history for American Legion showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2011–2022), American Legion's revenue has grown by 28.2%, moving from $26K to $33K. Total assets decreased by 17.2% over the same period, from $320K to $265K. Total functional expenses fell by 17.3%, from $39K to $32K. In its most recent filing year (2022), American Legion reported a surplus of $813, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2022	$33K	$32K	$265K	$0	—	View 990
2021	$15K	$22K	$306K	$0	—	—
2020	$13K	$31K	$313K	$0	—	View 990
2019	$45K	$42K	$330K	$0	—	View 990
2018	$43K	$49K	$327K	$0	—	View 990
2017	$64K	$28K	$333K	$0	—	View 990
2016	$36K	$31K	$297K	$0	—	View 990
2015	$28K	$27K	$300K	$0	—	View 990
2014	$23K	$22K	$300K	$0	—	View 990
2013	$21K	$33K	$299K	$0	—	View 990
2012	$29K	$39K	$310K	$0	—	View 990
2011	$26K	$39K	$320K	$0	—	View 990

Year-by-Year Financial Summary

2022: Revenue of $33K, expenses of $32K, and assets of $265K (revenue +117.1% year-over-year).
2021: Revenue of $15K, expenses of $22K, and assets of $306K (revenue +14.5% year-over-year).
2020: Revenue of $13K, expenses of $31K, and assets of $313K (revenue -70.9% year-over-year).
2019: Revenue of $45K, expenses of $42K, and assets of $330K (revenue +6.2% year-over-year).
2018: Revenue of $43K, expenses of $49K, and assets of $327K (revenue -32.9% year-over-year).
2017: Revenue of $64K, expenses of $28K, and assets of $333K (revenue +77.2% year-over-year).
2016: Revenue of $36K, expenses of $31K, and assets of $297K (revenue +30.7% year-over-year).
2015: Revenue of $28K, expenses of $27K, and assets of $300K (revenue +19.3% year-over-year).
2014: Revenue of $23K, expenses of $22K, and assets of $300K (revenue +9.7% year-over-year).
2013: Revenue of $21K, expenses of $33K, and assets of $299K (revenue -27.9% year-over-year).
2012: Revenue of $29K, expenses of $39K, and assets of $310K (revenue +13.8% year-over-year).
2011: Revenue of $26K, expenses of $39K, and assets of $320K.

Data Sources and Methodology

This transparency report for American Legion is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

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