American Legion

American Legion of Penacook maintains stable finances with consistent asset growth and no reported officer compensation.

EIN: 20211808 · Penacook, NH · Updated: 2026-03-28

$446KRevenue

$909KAssets

85/100Mission Score (Excellent)

About American Legion

American Legion (EIN: 20211808) is a nonprofit organization based in Penacook, NH. The organization reported total revenue of $446K and total assets of $909K 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 Penacook, NH, demonstrates consistent financial stability with assets steadily growing over the past decade, reaching $873,887 in 2023. The organization's revenue and expenses have remained relatively balanced, with minor fluctuations. For instance, in 2023, expenses slightly exceeded revenue ($247,899 vs. $239,262), a common occurrence for nonprofits managing operational costs. The organization's liabilities are consistently very low, indicating a strong financial position and minimal debt burden.

Regarding spending efficiency, the provided data indicates that officer compensation has been 0% across all reported periods, which suggests a volunteer-driven leadership structure or that compensation falls below reporting thresholds. This lack of reported compensation, while potentially positive for efficiency, also means there's no specific data to analyze for executive compensation ratios. Without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging. However, the consistent asset growth and low liabilities suggest prudent financial management.

Transparency is generally good given the consistent filing of IRS Form 990s over 13 periods. The absence of reported officer compensation is a notable point for transparency, as it implies either a fully volunteer board or compensation levels that do not trigger reporting requirements. To fully assess transparency and spending efficiency, a more detailed breakdown of expenses beyond just revenue and total expenses would be beneficial, specifically the functional expense categories.

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: 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 is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated below IRS reporting thresholds, which is highly efficient for an organization of its size with assets nearing $900,000.

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:

Consistent asset growth over the past decade, from $710,232 in 2014 to $873,887 in 2023.
Very low liabilities, consistently under $5,000, indicating strong financial health and minimal debt.
0% reported officer compensation, suggesting high efficiency in leadership costs.
Long history of IRS 990 filings (13 periods), demonstrating consistent transparency and compliance.

Frequently Asked Questions about American Legion

Is the American Legion of Penacook financially stable?

Yes, the organization appears financially stable. Assets have consistently grown, reaching $873,887 in 2023, and liabilities are consistently very low (e.g., $3,466 in 2023), indicating a strong balance sheet.

How does the organization manage its leadership compensation?

The organization reports 0% officer compensation across all available filings, suggesting a volunteer-driven leadership or compensation levels that do not meet IRS reporting thresholds, which is a positive indicator of efficiency.

Has the organization experienced significant financial fluctuations?

While there are minor year-to-year fluctuations in revenue and expenses, the overall trend shows consistent operations and steady asset growth, without any drastic financial instability.

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 grown by 0%, moving from $239K to $239K. Total assets increased by 12.9% over the same period, from $774K to $874K. Total functional expenses rose by 41.6%, from $175K to $248K. In its most recent filing year (2023), American Legion reported a deficit of $9K, with expenses exceeding revenue. The organization holds $3K in liabilities against $874K in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $870K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$239K	$248K	$874K	$3K	—	View 990
2022	$209K	$207K	$883K	$4K	—	View 990
2021	$240K	$192K	$880K	$3K	—	—
2020	$164K	$213K	$853K	$3K	—	—
2019	$260K	$236K	$903K	$4K	—	View 990
2018	$275K	$221K	$879K	$3K	—	View 990
2017	$261K	$244K	$825K	$3K	—	View 990
2016	$280K	$220K	$808K	$3K	—	View 990
2015	$260K	$221K	$748K	$4K	—	View 990
2014	$227K	$225K	$710K	$5K	—	View 990
2013	$250K	$255K	$752K	$50K	—	View 990
2012	$276K	$187K	$807K	$100K	—	View 990
2011	$239K	$175K	$774K	$16K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $239K, expenses of $248K, and assets of $874K (revenue +14.6% year-over-year).
2022: Revenue of $209K, expenses of $207K, and assets of $883K (revenue -13.1% year-over-year).
2021: Revenue of $240K, expenses of $192K, and assets of $880K (revenue +46.1% year-over-year).
2020: Revenue of $164K, expenses of $213K, and assets of $853K (revenue -36.7% year-over-year).
2019: Revenue of $260K, expenses of $236K, and assets of $903K (revenue -5.6% year-over-year).
2018: Revenue of $275K, expenses of $221K, and assets of $879K (revenue +5.4% year-over-year).
2017: Revenue of $261K, expenses of $244K, and assets of $825K (revenue -6.8% year-over-year).
2016: Revenue of $280K, expenses of $220K, and assets of $808K (revenue +7.9% year-over-year).
2015: Revenue of $260K, expenses of $221K, and assets of $748K (revenue +14.4% year-over-year).
2014: Revenue of $227K, expenses of $225K, and assets of $710K (revenue -9.2% year-over-year).
2013: Revenue of $250K, expenses of $255K, and assets of $752K (revenue -9.4% year-over-year).
2012: Revenue of $276K, expenses of $187K, and assets of $807K (revenue +15.4% year-over-year).
2011: Revenue of $239K, expenses of $175K, and assets of $774K.

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.