American Legion Post 0002 Clay County Post
EIN: 350800664 · Brazil, IN
| Metric | Value |
|---|---|
| Total Revenue | $516K |
| Total Expenses | $336K |
| Net Assets | $314K |
Is American Legion Post 0002 Clay County Post Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About American Legion Post 0002 Clay County Post
American Legion Post 0002 Clay County Post (EIN: 350800664) is a nonprofit organization based in Brazil, IN. The organization reported total revenue of $516K and total assets of $302K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of American Legion Post 0002 Clay County Post's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
American Legion Post 0002 Clay County Post is a small nonprofit that has been operating for 86 years, with 11 years of IRS 990 filings on record (2010–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $409K |
| Total Expenses | $336K |
| Surplus / Deficit | +$73K |
| Total Assets | $302K |
| Net Assets | $314K |
| Operating Margin | 17.8% |
| Months of Reserves | 10.8 months |
Financial Health Grade: A
In 2023, American Legion Post 0002 Clay County Post reported a surplus of $73K with revenue exceeding expenses, holds 10.8 months of operating reserves (strong position).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -39.3% | -37.4% | +31.4% |
| 2022 | +75.7% | +32.9% | +144.0% |
| 2021 | +127.0% | +276.0% | -11.9% |
| 2020 | -24.1% | -26.7% | +132.2% |
| 2019 | +62.6% | +38.8% | — |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1940 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for American Legion Post 0002 Clay County Post has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates American Legion Post 0002 Clay County Post with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $73K, with revenue exceeding expenses.
Frequently Asked Questions about American Legion Post 0002 Clay County Post
Is American Legion Post 0002 Clay County Post a legitimate charity?
Based on AI analysis of IRS 990 filings, American Legion Post 0002 Clay County Post (EIN: 350800664) insufficient data. 0 red flags identified, 0 strengths noted.
How does American Legion Post 0002 Clay County Post spend its money?
Detailed spending breakdown data is not yet available for American Legion Post 0002 Clay County Post. Check back for updated IRS 990 analysis.
Are donations to American Legion Post 0002 Clay County Post tax-deductible?
American Legion Post 0002 Clay County Post is registered as a tax-exempt nonprofit (EIN: 350800664). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is American Legion Post 0002 Clay County Post located?
American Legion Post 0002 Clay County Post is headquartered in Brazil, Indiana and files with the IRS under EIN 350800664.
How many years of IRS 990 filings does American Legion Post 0002 Clay County Post have?
American Legion Post 0002 Clay County Post has 11 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 $516K in total revenue.
Filing History
IRS 990 filing history for American Legion Post 0002 Clay County Post showing financial trends over 11 years of public records:
Total assets increased by 30239200% over the same period, from $1 to $302K. Total functional expenses rose by 76.5%, from $191K to $336K. In its most recent filing year (2023), American Legion Post 0002 Clay County Post reported a surplus of $73K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $409K | $336K | $302K | $-11,938 | — | View 990 |
| 2022 | $673K | $537K | $230K | $-11,938 | — | View 990 |
| 2021 | $383K | $404K | $94K | $-11,938 | — | View 990 |
| 2020 | $169K | $107K | $107K | $-9,438 | — | — |
| 2019 | $222K | $147K | $46K | $-8,969 | — | View 990 |
| 2018 | $137K | $106K | $-19,869 | $-6,616 | — | View 990 |
| 2017 | $67K | $25K | $113K | $22K | — | View 990 |
| 2016 | $54K | $46K | $60K | $12K | — | View 990 |
| 2015 | $102K | $61K | $59K | $19K | — | View 990 |
| 2011 | $15K | $3K | $1K | $56K | — | View 990 |
| 2010 | $-230,718 | $191K | $1 | $67K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $409K, expenses of $336K, and assets of $302K (revenue -39.3% year-over-year).
- 2022: Revenue of $673K, expenses of $537K, and assets of $230K (revenue +75.7% year-over-year).
- 2021: Revenue of $383K, expenses of $404K, and assets of $94K (revenue +127.0% year-over-year).
- 2020: Revenue of $169K, expenses of $107K, and assets of $107K (revenue -24.1% year-over-year).
- 2019: Revenue of $222K, expenses of $147K, and assets of $46K (revenue +62.6% year-over-year).
- 2018: Revenue of $137K, expenses of $106K, and assets of $-19,869 (revenue +103.9% year-over-year).
- 2017: Revenue of $67K, expenses of $25K, and assets of $113K (revenue +24.0% year-over-year).
- 2016: Revenue of $54K, expenses of $46K, and assets of $60K (revenue -46.7% year-over-year).
- 2015: Revenue of $102K, expenses of $61K, and assets of $59K (revenue +557.3% year-over-year).
- 2011: Revenue of $15K, expenses of $3K, and assets of $1K.
- 2010: Revenue of $-230,718, expenses of $191K, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for American Legion Post 0002 Clay County Post:
Data Sources and Methodology
This transparency report for American Legion Post 0002 Clay County Post 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.