American Legion

Millinocket American Legion maintains stable finances with volunteer leadership, experiencing fluctuating revenue over the past decade.

EIN: 16038550 · Millinocket, ME · Updated: 2026-03-28

$86KRevenue

$107KAssets

75/100Mission Score (Good)

About American Legion

American Legion (EIN: 16038550) is a nonprofit organization based in Millinocket, ME. The organization reported total revenue of $86K and total assets of $107K 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 Millinocket, ME, demonstrates consistent financial activity typical of a small, local veteran's organization. Its revenue and expenses have fluctuated over the past decade, with recent years showing a slight decrease in overall activity compared to earlier periods (e.g., $47,855 revenue in 2023 vs. $103,729 in 2015). The organization consistently reports zero officer compensation, which is a positive indicator of volunteer leadership and efficient use of funds for its mission. Assets have shown modest growth in recent years, reaching $94,340 in 2023, indicating some financial stability.

While specific program spending details are not provided in the summary data, the absence of paid executive compensation suggests that a significant portion of its operational budget likely supports its core activities and community engagement. The organization's financial health appears stable for its size, maintaining positive net assets despite some years where expenses exceeded revenue (e.g., 2022, 2018, 2017, 2016, 2015, 2014). This suggests reliance on accumulated reserves or other non-operating income to cover shortfalls in those periods.

Transparency is generally good, as evidenced by consistent IRS 990 filings over 13 periods. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, a precise assessment of spending efficiency is challenging. The consistent reporting of zero officer compensation is a strong point for transparency regarding leadership costs.

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

The American Legion consistently reports 0% officer compensation across all available filings, indicating that its leadership is entirely volunteer-based, which is highly efficient for a nonprofit of its size.

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 (program vs. admin vs. fundraising) in provided summary data, making precise efficiency analysis difficult.
Multiple years where expenses exceeded revenue (e.g., 2022, 2018, 2017, 2016, 2015, 2014) could indicate reliance on reserves or non-operating income to cover shortfalls.

Strengths

The following positive indicators were identified for American Legion:

Consistent reporting of 0% officer compensation, indicating volunteer leadership and efficient use of funds.
Long history of consistent IRS 990 filings (13 filings), demonstrating good transparency.
Maintains positive net assets, indicating financial stability despite revenue fluctuations (e.g., $94,340 assets in 2023 vs. $18,111 liabilities).
Assets have shown modest growth in recent years, from $79,012 in 2019 to $94,340 in 2023.

Frequently Asked Questions about American Legion

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

Yes, the organization appears financially stable for its size, consistently maintaining positive assets (e.g., $94,340 in 2023) despite some years where expenses exceeded revenue, suggesting a reliance on reserves or other income sources.

Does this organization pay its executives?

No, the American Legion in Millinocket, ME, consistently reports 0% officer compensation in its IRS 990 filings, indicating a volunteer leadership structure.

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

Revenue has fluctuated, peaking around $103,729 in 2015 and $100,939 in 2014, and more recently ranging from $31,513 (2021) to $47,855 (2023), showing a general decrease in activity compared to earlier periods.

What is the organization's asset base?

The organization's assets have generally grown in recent years, reaching $94,340 in 2023, up from $79,012 in 2019, indicating a healthy asset base for its operational scale.

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 69.2%, moving from $155K to $48K. Total assets decreased by 42.9% over the same period, from $165K to $94K. Total functional expenses fell by 73.9%, from $149K to $39K. In its most recent filing year (2023), American Legion reported a surplus of $9K, with revenue exceeding expenses. The organization holds $18K in liabilities against $94K in assets (debt-to-asset ratio: 19.2%), resulting in net assets of $76K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$48K	$39K	$94K	$18K	—	—
2022	$45K	$48K	$89K	$22K	—	—
2021	$32K	$28K	$81K	$10K	—	View 990
2020	$42K	$35K	$79K	$12K	—	—
2019	$90K	$86K	$79K	$19K	—	—
2018	$91K	$94K	$80K	$24K	—	View 990
2017	$83K	$85K	$81K	$22K	—	View 990
2016	$99K	$112K	$81K	$21K	—	View 990
2015	$104K	$111K	$95K	$0	—	View 990
2014	$101K	$113K	$101K	$0	—	View 990
2013	$117K	$129K	$114K	$0	—	View 990
2012	$119K	$158K	$126K	$0	—	View 990
2011	$155K	$149K	$165K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $48K, expenses of $39K, and assets of $94K (revenue +5.7% year-over-year).
2022: Revenue of $45K, expenses of $48K, and assets of $89K (revenue +43.6% year-over-year).
2021: Revenue of $32K, expenses of $28K, and assets of $81K (revenue -24.6% year-over-year).
2020: Revenue of $42K, expenses of $35K, and assets of $79K (revenue -53.4% year-over-year).
2019: Revenue of $90K, expenses of $86K, and assets of $79K (revenue -1.7% year-over-year).
2018: Revenue of $91K, expenses of $94K, and assets of $80K (revenue +10.3% year-over-year).
2017: Revenue of $83K, expenses of $85K, and assets of $81K (revenue -16.3% year-over-year).
2016: Revenue of $99K, expenses of $112K, and assets of $81K (revenue -4.7% year-over-year).
2015: Revenue of $104K, expenses of $111K, and assets of $95K (revenue +2.8% year-over-year).
2014: Revenue of $101K, expenses of $113K, and assets of $101K (revenue -13.5% year-over-year).
2013: Revenue of $117K, expenses of $129K, and assets of $114K (revenue -2.0% year-over-year).
2012: Revenue of $119K, expenses of $158K, and assets of $126K (revenue -23.4% year-over-year).
2011: Revenue of $155K, expenses of $149K, and assets of $165K.

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.