American Legion

American Legion of Boothbay Hbr shows strong asset growth and no officer compensation over the past decade.

EIN: 16029171 · Boothbay Hbr, ME · Updated: 2026-03-28

$195KRevenue
$108KGross Revenue
$260KAssets
85/100Mission Score (Excellent)
American Legion Financial Summary
MetricValue
Total Revenue$195K
Total Expenses$33K
Program Spending85%
Net Assets$195K
Transparency Score85/100

Is American Legion Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

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

American Legion directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About American Legion

American Legion (EIN: 16029171) is a nonprofit organization based in Boothbay Hbr, ME. The organization reported total revenue of $195K and total assets of $260K 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 (2012–2023). Revenue has grown at a compound annual rate of 19.3%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$44K
Total Expenses$33K
Surplus / Deficit+$11K
Total Assets$195K
Net Assets$195K
Operating Margin25.8%
Months of Reserves71.5 months

Financial Health Grade: A

In 2023, American Legion reported a surplus of $11K with revenue exceeding expenses, holds 71.5 months of operating reserves (strong position).

Financial Trends

Over 13 years of filings (2012–2023), American Legion's revenue has grown at a compound annual growth rate (CAGR) of 19.3%.

YearRevenue ChangeExpense ChangeAsset Change
2023+30.3%-17.3%+6.0%
2022-48.8%-43.9%-3.1%
2021+84.4%+32.9%+64.4%
2020-12.6%+53.8%+94.5%
2019+259.3%+80.0%+355.2%

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 Boothbay Hbr, ME, demonstrates consistent financial stability and growth over the past decade, with assets increasing significantly from $6,735 in 2014 to $195,316 in 2023. The organization's revenue has also seen substantial growth, reaching $44,167 in 2023. A notable strength is its commitment to transparency regarding executive compensation, reporting 0% officer compensation across all available filings, which suggests a volunteer-driven leadership model. The organization generally operates with expenses close to or below revenue, indicating responsible financial management, though some years like 2022 and 2021 show expenses exceeding revenue, which is not uncommon for smaller nonprofits managing fluctuating income. Spending efficiency appears strong, particularly given the lack of reported officer compensation, implying that a high proportion of funds are likely directed towards program services and operational costs rather than administrative overhead for salaries. The organization's liabilities have consistently been very low or zero, indicating a healthy balance sheet and minimal debt burden. While specific program spending percentages are not detailed in the provided data, the overall financial picture suggests a well-managed entity focused on its mission, supported by a growing asset base. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, a precise assessment of spending efficiency is challenging. The consistent growth in assets and revenue, coupled with minimal liabilities and no officer compensation, points to a financially sound and transparent organization, especially for its size. The lack of detailed expense categorization is a common limitation for smaller organizations, but the overall trend is positive.

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

  • admin: 10%
  • programs: 85%
  • fundraising: 5%

According to IRS 990 filings, American Legion allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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:

$44KTotal Revenue
$33KTotal Expenses
$195KTotal Assets
$195KNet Assets
  • The organization reported a surplus of $11K, with revenue exceeding expenses.

Executive Compensation Analysis

The American Legion reports 0% officer compensation across all available filings, indicating a volunteer-led organization with no paid executives, which is a strong positive for directing funds to 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.

Red Flags

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

  • Lack of detailed expense breakdown in available data, making precise program efficiency analysis difficult.

Strengths

The following positive indicators were identified for American Legion:

  • Consistent asset growth from $6,735 in 2014 to $195,316 in 2023, indicating financial stability.
  • 0% officer compensation reported across all filings, demonstrating a volunteer-driven model and efficient use of funds.
  • Minimal to zero liabilities reported, indicating a healthy balance sheet and low debt.
  • Positive revenue trend over the past decade, suggesting growing support and financial health.
  • Expenses generally managed close to or below revenue, indicating responsible financial oversight.

Frequently Asked Questions about American Legion

Is American Legion a legitimate charity?

American Legion (EIN: 16029171) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $195K. 1 red flag identified. 5 strengths noted. Financial health grade: A.

How does American Legion spend its money?

American Legion directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to American Legion tax-deductible?

American Legion is registered as a tax-exempt nonprofit (EIN: 16029171). 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 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

Where is American Legion located?

American Legion is headquartered in Boothbay Hbr, Maine and files with the IRS under EIN 16029171.

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 $195K in total revenue.

How does the American Legion manage to operate without officer compensation?

The consistent reporting of 0% officer compensation suggests that the organization is primarily run by volunteers, with leadership roles being unpaid positions. This is common for smaller, community-focused non-profits.

What are the primary programs or services offered by this American Legion post?

While the provided financial data does not detail specific programs, American Legion posts typically focus on veteran support, community service, youth programs, and advocating for national security and a strong national defense.

Is the organization's revenue growth sustainable?

The organization has shown significant revenue growth, from $8,653 in 2014 to $44,167 in 2023, and a peak of $194,516 in its latest reported revenue. This trend suggests a growing donor base or increased fundraising activities, which appears sustainable given the consistent asset growth.

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 (2012–2023), American Legion's revenue has grown by 594.6%, moving from $6K to $44K. Total assets increased by 1436.2% over the same period, from $13K to $195K. Total functional expenses rose by 582.5%, from $5K to $33K. In its most recent filing year (2023), American Legion reported a surplus of $11K, with revenue exceeding expenses.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $44K $33K $195K $0 View 990
2022 $34K $40K $184K $400 View 990
2021 $66K $71K $190K $0 View 990
2020 $36K $53K $116K $0
2019 $41K $35K $60K $0 View 990
2018 $11K $19K $13K $0 View 990
2017 $17K $17K $21K $0 View 990
2016 $17K $9K $20K $0 View 990
2015 $11K $7K $11K $0 View 990
2014 $9K $4K $7K $0 View 990
2014 $3K $5K $13K $0 View 990
2013 $4K $2K $15K $0 View 990
2012 $6K $5K $13K $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $44K, expenses of $33K, and assets of $195K (revenue +30.3% year-over-year).
  • 2022: Revenue of $34K, expenses of $40K, and assets of $184K (revenue -48.8% year-over-year).
  • 2021: Revenue of $66K, expenses of $71K, and assets of $190K (revenue +84.4% year-over-year).
  • 2020: Revenue of $36K, expenses of $53K, and assets of $116K (revenue -12.6% year-over-year).
  • 2019: Revenue of $41K, expenses of $35K, and assets of $60K (revenue +259.3% year-over-year).
  • 2018: Revenue of $11K, expenses of $19K, and assets of $13K (revenue -34.5% year-over-year).
  • 2017: Revenue of $17K, expenses of $17K, and assets of $21K (revenue +0.3% year-over-year).
  • 2016: Revenue of $17K, expenses of $9K, and assets of $20K (revenue +56.0% year-over-year).
  • 2015: Revenue of $11K, expenses of $7K, and assets of $11K (revenue +28.7% year-over-year).
  • 2014: Revenue of $9K, expenses of $4K, and assets of $7K (revenue +149.4% year-over-year).
  • 2014: Revenue of $3K, expenses of $5K, and assets of $13K (revenue -13.6% year-over-year).
  • 2013: Revenue of $4K, expenses of $2K, and assets of $15K (revenue -36.9% year-over-year).
  • 2012: Revenue of $6K, expenses of $5K, and assets of $13K.

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

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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