American Legion

American Legion Madison, ME, shows consistent financial growth and zero officer compensation over a decade.

EIN: 16016268 · Madison, ME · Updated: 2026-03-28

$223KRevenue
$92KGross Revenue
$286KAssets
85/100Mission Score (Excellent)
American Legion Financial Summary
MetricValue
Total Revenue$223K
Total Expenses$73K
Program Spending90%
Net Assets$244K
Transparency Score85/100

Is American Legion Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

American Legion directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About American Legion

American Legion (EIN: 16016268) is a nonprofit organization based in Madison, ME. The organization reported total revenue of $223K and total assets of $286K 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.

Organization Overview

80Years Operating
SmallSize Classification
13Years of Filings
MixedRevenue Trajectory

American Legion is a small nonprofit that has been operating for 80 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.9%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$83K
Total Expenses$73K
Surplus / Deficit+$10K
Total Assets$245K
Total Liabilities$709
Net Assets$244K
Operating Margin12.1%
Debt-to-Asset Ratio0.3%
Months of Reserves40.1 months

Financial Health Grade: A

In 2023, American Legion reported a surplus of $10K with revenue exceeding expenses, holds 40.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), American Legion's revenue has declined at a compound annual growth rate (CAGR) of -1.9%.

YearRevenue ChangeExpense ChangeAsset Change
2023-23.2%+16.2%+4.4%
2022-4.5%-24.8%+24.4%
2021+61.2%+25.9%+18.7%
2020-29.9%-31.8%+2.5%
2019+43.2%+7.9%+1.8%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1946

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The American Legion in Madison, ME, demonstrates consistent financial stability with a growing asset base, increasing from $154,683 in 2014 to $245,121 in 2023. The organization consistently operates with revenues exceeding expenses in most recent years, such as 2023 where revenue was $83,443 against expenses of $73,380, indicating sound financial management. Their liabilities have remained very low, often near zero, which is a strong indicator of fiscal health and minimal debt burden. Spending efficiency appears strong, particularly given the reported 0% officer compensation across all available filings, suggesting that resources are primarily directed towards the organization's mission rather than executive salaries. While a detailed breakdown of program, administrative, and fundraising expenses isn't explicitly provided in the summary data, the absence of officer compensation is a positive sign for efficiency. The organization's revenue has fluctuated but generally shows a healthy capacity to cover expenses. Transparency is good regarding executive compensation, as it is consistently reported as zero. However, without more detailed expense breakdowns (e.g., program service expenses vs. administrative and fundraising costs), a full assessment of spending efficiency is limited. The consistent filing of IRS Form 990s over many years demonstrates a commitment to regulatory compliance and basic financial transparency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates American Legion with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

According to IRS 990 filings, American Legion allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$83KTotal Revenue
$73KTotal Expenses
$245KTotal Assets
$709Total Liabilities
$244KNet Assets

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is unpaid, which is highly favorable for directing funds towards its mission.

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.

Strengths

The following positive indicators were identified for American Legion:

Frequently Asked Questions about American Legion

Is American Legion a legitimate charity?

Based on AI analysis of IRS 990 filings, American Legion (EIN: 16016268) appears legitimate. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.

How does American Legion spend its money?

American Legion directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to American Legion tax-deductible?

American Legion is registered as a tax-exempt nonprofit (EIN: 16016268). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of American Legion's spending goes to programs?

American Legion directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

Where is American Legion located?

American Legion is headquartered in Madison, Maine and files with the IRS under EIN 16016268.

How many years of IRS 990 filings does American Legion have?

American Legion has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $223K in total revenue.

Is the American Legion (Madison, ME) financially stable?

Yes, the organization appears financially stable, consistently maintaining low liabilities and growing assets from $154,683 in 2014 to $245,121 in 2023, while generally operating with a surplus.

How does the American Legion (Madison, ME) manage executive compensation?

The American Legion (Madison, ME) reports 0% officer compensation across all available filings, indicating that its leadership serves without pay.

What is the trend in assets for this organization?

The organization's assets have shown a positive growth trend, increasing from $154,683 in 2014 to $245,121 in 2023, demonstrating financial accumulation.

Are there any significant liabilities for the American Legion (Madison, ME)?

No, the organization consistently reports very low liabilities, often near zero, such as $709 in 2023 and $498 in 2022, indicating minimal debt.

Filing History

IRS 990 filing history for American Legion showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), American Legion's revenue has declined by 20.4%, moving from $105K to $83K. Total assets increased by 47.9% over the same period, from $166K to $245K. Total functional expenses fell by 6.6%, from $79K to $73K. In its most recent filing year (2023), American Legion reported a surplus of $10K, with revenue exceeding expenses. The organization holds $709 in liabilities against $245K in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $244K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $83K $73K $245K $709
2022 $109K $63K $235K $498
2021 $114K $84K $189K $0
2020 $71K $67K $159K $0 View 990
2019 $101K $98K $155K $0 View 990
2018 $70K $91K $152K $9K View 990
2017 $96K $91K $173K $17K View 990
2016 $96K $91K $168K $16K View 990
2015 $133K $113K $162K $1K View 990
2014 $117K $95K $155K $14K View 990
2013 $109K $108K $154K $21K View 990
2012 $111K $114K $163K $31K View 990
2011 $105K $79K $166K $41K View 990

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for American Legion:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

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.

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