American Legion

American Legion in Waldoboro, ME, maintains stable finances with volunteer leadership and no debt.

EIN: 16029207 · Waldoboro, ME · Updated: 2026-03-28

$90KRevenue
$41KGross Revenue
$45KAssets
85/100Mission Score (Excellent)
American Legion Financial Summary
MetricValue
Total Revenue$90K
Total Expenses$38K
Program Spending85%
CEO/Top Officer Pay$90,472.
Net Assets$37K
Transparency Score85/100

Search Intent Cockpit

American Legion Form 990, Revenue, CEO Pay, and IRS Filing Signals

American Legion is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around American Legion in one place.

Form 990 Filing Summary

12 filing years are available, with latest revenue of $41K and expenses of $38K.

Revenue and Expenses

American Legion reported $41K in revenue and $38K in expenses, a surplus of $3K.

Executive Compensation

Top officer compensation appears as $90,472. in the stored analysis, with context against revenue and expenses below.

Charity Score and Red Flags

85/100 mission score, 1 red flag, and 4 strengths are shown from structured and AI review.

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 →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
85%Program Expense
$0Grants Paid
12Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

American Legion Expense Deployment
Program services$32K (85%)

Across stored filings, American Legion shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

American Legion Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 1 red flag identified
Mission spend85% to programsExcellent
Financial durabilityGrade A12 stored filing years
Peer contextCompare with Maine Composite Materials Applied Technology Development CenterMaine and category context

Trust Check

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Waldoboro, ME nonprofits

Follow the Money

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85% of spending goes to programs.

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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: 16029207) is a nonprofit organization based in Waldoboro, ME. The organization reported total revenue of $90K and total assets of $45K 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
MicroSize Classification
12Years of Filings
MixedRevenue Trajectory

American Legion is a micro nonprofit that has been operating for 80 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 6.1%.

Key Financial Metrics (2022)

From the most recent IRS 990 filing on record:

Total Revenue$41K
Total Expenses$38K
Surplus / Deficit+$3K
Total Assets$37K
Net Assets$37K
Operating Margin8.0%
Months of Reserves11.7 months

Financial Health Grade: A

In 2022, American Legion reported a surplus of $3K with revenue exceeding expenses, holds 11.7 months of operating reserves (strong position).

Financial Trends

Over 12 years of filings (2011–2022), American Legion's revenue has grown at a compound annual growth rate (CAGR) of 6.1%.

YearRevenue ChangeExpense ChangeAsset Change
2022-14.3%-36.5%+9.8%
2021+44.4%+97.9%-25.6%
2020-23.0%-12.1%+7.4%
2019+10.7%+22.5%+26.7%
2018+58.4%+53.4%+49.4%

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 Waldoboro, ME, appears to be a small, community-focused organization with a consistent financial history. Over the past decade, its revenue has generally trended upwards, from $18,170 in 2014 to $40,942 in 2022, with a peak of $47,779 in 2021. The organization consistently reports zero liabilities, indicating a healthy balance sheet and responsible financial management, avoiding debt. Assets have also shown steady growth, from $5,669 in 2014 to $36,819 in 2022, demonstrating an accumulation of resources over time. Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, as the provided data only gives total expenses. However, the organization's expenses generally align with or are slightly below its revenue in most years, suggesting it operates within its means. For instance, in 2022, revenue was $40,942 against expenses of $37,666. The consistent reporting of 0% officer compensation across all filings indicates that the organization is likely volunteer-run at the leadership level, which is a strong positive for ensuring funds are directed towards its mission rather than executive salaries. This also contributes positively to its transparency, as it clearly discloses no compensation for its officers. Overall, the American Legion in Waldoboro, ME, demonstrates financial stability and a commitment to its mission, as evidenced by its debt-free status and volunteer leadership. While a detailed spending breakdown would enhance transparency, the available data suggests a well-managed, community-oriented nonprofit.

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 (2022)

From the most recent IRS 990 filing on record:

$41KTotal Revenue
$38KTotal Expenses
$37KTotal Assets
$37KNet Assets
  • The organization reported a surplus of $3K, with revenue exceeding expenses.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that the organization's officers are unpaid volunteers. This is a significant positive, as it ensures all funds are directed towards the organization's mission rather than leadership salaries, especially for an organization of its size with latest revenue of $90,472.

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 program vs. administrative spending breakdown in provided data

Strengths

The following positive indicators were identified for American Legion:

  • Consistent 0% officer compensation, indicating volunteer leadership
  • Zero liabilities reported across all filings, demonstrating financial prudence
  • Steady growth in assets over the past decade, from $5,669 in 2014 to $36,819 in 2022
  • Expenses generally managed within revenue, indicating responsible financial operations

Frequently Asked Questions about American Legion

Is American Legion a legitimate charity?

American Legion (EIN: 16029207) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $90K. 1 red flag identified. 4 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: 16029207). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the American Legion CEO make?

American Legion's highest-compensated officer earns $90,472. annually. The organization reported $90K in total revenue. Executive compensation data is disclosed in IRS 990 filings.

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 Waldoboro, Maine and files with the IRS under EIN 16029207.

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

American Legion has 12 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 $90K in total revenue.

Is the American Legion in Waldoboro, ME, financially stable?

Yes, the organization appears financially stable, consistently reporting zero liabilities and growing assets from $5,669 in 2014 to $36,819 in 2022. Its expenses generally align with or are below its revenue.

Does this organization pay its officers?

No, the IRS 990 filings consistently show 0% officer compensation, indicating that the leadership operates on a volunteer basis.

How has the organization's revenue trended over the past decade?

The organization's revenue has generally trended upwards over the past decade, from $18,170 in 2014 to $40,942 in 2022, with some fluctuations.

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 92.6%, moving from $21K to $41K. Total assets increased by 566.6% over the same period, from $6K to $37K. Total functional expenses rose by 94.1%, from $19K to $38K. In its most recent filing year (2022), American Legion reported a surplus of $3K, with revenue exceeding expenses.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2022 $41K $38K $37K $0
2021 $48K $59K $34K $0
2020 $33K $30K $45K $0 View 990
2019 $43K $34K $42K $0 View 990
2018 $39K $28K $33K $0 View 990
2017 $25K $18K $22K $0 View 990
2016 $23K $17K $16K $0 View 990
2015 $22K $19K $9K $0 View 990
2014 $18K $19K $6K $0 View 990
2013 $22K $22K $7K $0 View 990
2012 $34K $32K $7K $0 View 990
2011 $21K $19K $6K $0 View 990

Year-by-Year Financial Summary

  • 2022: Revenue of $41K, expenses of $38K, and assets of $37K (revenue -14.3% year-over-year).
  • 2021: Revenue of $48K, expenses of $59K, and assets of $34K (revenue +44.4% year-over-year).
  • 2020: Revenue of $33K, expenses of $30K, and assets of $45K (revenue -23.0% year-over-year).
  • 2019: Revenue of $43K, expenses of $34K, and assets of $42K (revenue +10.7% year-over-year).
  • 2018: Revenue of $39K, expenses of $28K, and assets of $33K (revenue +58.4% year-over-year).
  • 2017: Revenue of $25K, expenses of $18K, and assets of $22K (revenue +4.7% year-over-year).
  • 2016: Revenue of $23K, expenses of $17K, and assets of $16K (revenue +5.9% year-over-year).
  • 2015: Revenue of $22K, expenses of $19K, and assets of $9K (revenue +21.6% year-over-year).
  • 2014: Revenue of $18K, expenses of $19K, and assets of $6K (revenue -15.9% year-over-year).
  • 2013: Revenue of $22K, expenses of $22K, and assets of $7K (revenue -35.7% year-over-year).
  • 2012: Revenue of $34K, expenses of $32K, and assets of $7K (revenue +58.0% year-over-year).
  • 2011: Revenue of $21K, expenses of $19K, and assets of $6K.

View Individual Filing Years

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

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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