American Legion

American Legion Milo Chapter Reports Declining Assets and Operational Deficit in 2013

EIN: 16029173 · Milo, ME · Updated: 2026-03-28

$0Revenue

$0Assets

65/100Mission Score (Good)

About American Legion

American Legion (EIN: 16029173) is a nonprofit organization based in Milo, ME. The organization reported total revenue of $0 and total assets of $0 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 Milo, ME, appears to be a small, local chapter with limited financial activity based on the provided IRS 990 data. In 2013, the organization reported $10,028 in revenue against $20,437 in expenses, indicating a deficit for that period. The prior year, 2012, showed revenue of $19,118 exceeding expenses of $16,366. Assets have slightly decreased from $138,916 in 2012 to $128,507 in 2013, with no reported liabilities in either period, suggesting a stable, albeit declining, asset base. The organization's financial health seems to be sustained by its existing assets rather than consistent operational surpluses.

Spending efficiency is difficult to fully assess without a detailed breakdown of expenses, but the deficit in 2013 raises questions about operational sustainability if this trend were to continue. The absence of reported officer compensation in both years suggests a volunteer-driven leadership, which is a positive indicator for minimizing administrative overhead. However, the lack of detailed expense categories (program, administrative, fundraising) in the provided summary limits a comprehensive evaluation of spending efficiency.

Transparency is moderately good given the availability of the 990 filings, which show basic financial figures. However, the 'Unknown' NTEE code and the absence of specific program details in the summary make it challenging to fully understand the organization's mission-related activities and how effectively funds are being utilized towards those ends. The zero revenue and assets for the 'Latest' period could indicate a reporting lag or a significant change in status, which would warrant further investigation for complete transparency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates American Legion with a Mission Score of 65 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 was reported as 0% in both 2012 and 2013, indicating that the organization's officers are likely volunteers, which is commendable for a small organization and helps keep administrative costs low.

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:

Operational deficit in 2013 ($10,028 revenue vs. $20,437 expenses)
Declining asset base from $138,916 in 2012 to $128,507 in 2013
Unexplained 'Latest Revenue: $0' and 'Assets: $0' which could indicate a significant change in status or reporting issue
Lack of detailed expense breakdown (program, admin, fundraising) in the provided summary

Strengths

The following positive indicators were identified for American Legion:

No reported liabilities in either 2012 or 2013, indicating financial stability in terms of debt
Officer compensation reported as 0% in both years, suggesting volunteer leadership and low administrative overhead
Positive net income in 2012 ($19,118 revenue vs. $16,366 expenses)

Frequently Asked Questions about American Legion

What caused the significant increase in expenses in 2013 to $20,437, leading to an operational deficit?

The provided data does not specify the nature of the expenses, making it difficult to pinpoint the exact cause of the increase from $16,366 in 2012 to $20,437 in 2013.

What is the current status of the organization given the 'Latest Revenue: $0' and 'Assets: $0'?

The provided data does not offer an explanation for the 'Latest Revenue: $0' and 'Assets: $0', which could indicate a reporting anomaly, a significant change in the organization's operations, or even potential dormancy or dissolution since the last reported period.

What specific programs or services does the American Legion Milo chapter provide to its community?

The NTEE code is unknown, and the provided financial summary does not detail specific program activities, making it difficult to assess the nature and impact of their services.

Filing History

IRS 990 filing history for American Legion showing financial trends over 2 years of public records:

Over 2 years of IRS 990 filings (2012–2013), American Legion's revenue has declined by 47.5%, moving from $19K to $10K. Total assets decreased by 7.5% over the same period, from $139K to $129K. Total functional expenses rose by 24.9%, from $16K to $20K. In its most recent filing year (2013), American Legion reported a deficit of $10K, with expenses exceeding revenue.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2013	$10K	$20K	$129K	$0	—	View 990
2012	$19K	$16K	$139K	$0	—	View 990

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.