American Legion Post 0005 Bourque Lanigan
American Legion Post 0005 Faces Steep Financial Decline with Revenue Plummeting and Assets Halved Over Eight Years.
EIN: 10018927 · Waterville, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $32K |
| Total Expenses | $15K |
| Program Spending | 70% |
| Net Assets | $348K |
| Transparency Score | 45/100 |
Is American Legion Post 0005 Bourque Lanigan Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
American Legion Post 0005 Bourque Lanigan directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About American Legion Post 0005 Bourque Lanigan
American Legion Post 0005 Bourque Lanigan (EIN: 10018927) is a nonprofit organization based in Waterville, ME. The organization reported total revenue of $32K and total assets of $347K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of American Legion Post 0005 Bourque Lanigan's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
American Legion Post 0005 Bourque Lanigan is a micro nonprofit that has been operating for 80 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -19.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $12K |
| Total Expenses | $15K |
| Surplus / Deficit | $-3,646 |
| Total Assets | $349K |
| Total Liabilities | $1K |
| Net Assets | $348K |
| Operating Margin | -30.9% |
| Debt-to-Asset Ratio | 0.4% |
| Months of Reserves | 271.5 months |
Financial Health Grade: B
In 2023, American Legion Post 0005 Bourque Lanigan reported a deficit of $4K with expenses exceeding revenue, holds 271.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.4% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), American Legion Post 0005 Bourque Lanigan's revenue has declined at a compound annual growth rate (CAGR) of -19.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +50.2% | -15.4% | -1.0% |
| 2022 | -3.6% | +2.0% | -2.6% |
| 2021 | -42.5% | -24.7% | -2.5% |
| 2020 | -43.7% | -46.7% | -2.5% |
| 2019 | -56.4% | -54.4% | -5.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1946 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates American Legion Post 0005 Bourque Lanigan with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, American Legion Post 0005 Bourque Lanigan allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $4K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.4%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based. This is highly commendable for a nonprofit of its size, as it ensures that all funds are directed towards operational expenses rather than executive salaries.
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 Post 0005 Bourque Lanigan's IRS 990 filings:
- Consistent operating deficits with expenses exceeding revenue in every reported period.
- Significant and continuous decline in total assets from $595,704 in 2015 to $349,130 in 2023.
- Revenue has decreased by over 90% from its peak in 2015 to the latest filing in 2023 ($149,680 to $11,785).
Strengths
The following positive indicators were identified for American Legion Post 0005 Bourque Lanigan:
- Zero officer compensation reported across all filings, indicating a volunteer-led organization.
- Relatively low and well-managed liabilities, suggesting fiscal prudence in debt management.
Frequently Asked Questions about American Legion Post 0005 Bourque Lanigan
Is American Legion Post 0005 Bourque Lanigan a legitimate charity?
Based on AI analysis of IRS 990 filings, American Legion Post 0005 Bourque Lanigan (EIN: 10018927) significant concerns. Mission Score: 45/100. 3 red flags identified, 2 strengths noted.
How does American Legion Post 0005 Bourque Lanigan spend its money?
American Legion Post 0005 Bourque Lanigan directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to American Legion Post 0005 Bourque Lanigan tax-deductible?
American Legion Post 0005 Bourque Lanigan is registered as a tax-exempt nonprofit (EIN: 10018927). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of American Legion Post 0005 Bourque Lanigan's spending goes to programs?
American Legion Post 0005 Bourque Lanigan directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is American Legion Post 0005 Bourque Lanigan located?
American Legion Post 0005 Bourque Lanigan is headquartered in Waterville, Maine and files with the IRS under EIN 10018927.
How many years of IRS 990 filings does American Legion Post 0005 Bourque Lanigan have?
American Legion Post 0005 Bourque Lanigan has 14 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 $32K in total revenue.
Is American Legion Post 0005 Bourque Lanigan financially sustainable?
Based on the consistent trend of expenses exceeding revenue and a significant decline in assets from $595,704 in 2015 to $349,130 in 2023, the organization's current financial model appears unsustainable. It is operating at a deficit, drawing down its reserves.
What caused the drastic drop in revenue?
The filings do not provide specific details on the causes of the revenue decline from $149,680 in 2015 to $11,785 in 2023. Potential factors could include reduced membership dues, fewer fundraising events, or a decrease in public support.
How does the organization manage its liabilities?
Liabilities have generally remained low, fluctuating between $0 and $38,161 over the years, and were $1,400 in the latest filing. This suggests prudent management of debt, although the overall financial decline is a more pressing concern.
Filing History
IRS 990 filing history for American Legion Post 0005 Bourque Lanigan showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), American Legion Post 0005 Bourque Lanigan's revenue has declined by 94.2%, moving from $202K to $12K. Total assets decreased by 52% over the same period, from $727K to $349K. Total functional expenses fell by 92.3%, from $201K to $15K. In its most recent filing year (2023), American Legion Post 0005 Bourque Lanigan reported a deficit of $4K, with expenses exceeding revenue. The organization holds $1K in liabilities against $349K in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $348K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $12K | $15K | $349K | $1K | — | — |
| 2022 | $8K | $18K | $353K | $1K | — | View 990 |
| 2021 | $8K | $18K | $362K | $600 | — | View 990 |
| 2020 | $14K | $24K | $372K | $0 | — | View 990 |
| 2019 | $25K | $45K | $381K | $0 | — | — |
| 2018 | $58K | $98K | $403K | $2K | — | View 990 |
| 2017 | $83K | $166K | $447K | $6K | — | — |
| 2016 | $142K | $184K | $562K | $38K | — | View 990 |
| 2015 | $150K | $194K | $596K | $30K | — | View 990 |
| 2014 | $147K | $199K | $644K | $34K | — | View 990 |
| 2013 | $202K | $209K | $668K | $5K | — | View 990 |
| 2012 | $156K | $185K | $677K | $7K | — | View 990 |
| 2011 | $180K | $203K | $705K | $7K | — | View 990 |
| 2010 | $202K | $201K | $727K | $6K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $12K, expenses of $15K, and assets of $349K (revenue +50.2% year-over-year).
- 2022: Revenue of $8K, expenses of $18K, and assets of $353K (revenue -3.6% year-over-year).
- 2021: Revenue of $8K, expenses of $18K, and assets of $362K (revenue -42.5% year-over-year).
- 2020: Revenue of $14K, expenses of $24K, and assets of $372K (revenue -43.7% year-over-year).
- 2019: Revenue of $25K, expenses of $45K, and assets of $381K (revenue -56.4% year-over-year).
- 2018: Revenue of $58K, expenses of $98K, and assets of $403K (revenue -30.5% year-over-year).
- 2017: Revenue of $83K, expenses of $166K, and assets of $447K (revenue -41.6% year-over-year).
- 2016: Revenue of $142K, expenses of $184K, and assets of $562K (revenue -5.1% year-over-year).
- 2015: Revenue of $150K, expenses of $194K, and assets of $596K (revenue +1.7% year-over-year).
- 2014: Revenue of $147K, expenses of $199K, and assets of $644K (revenue -27.2% year-over-year).
- 2013: Revenue of $202K, expenses of $209K, and assets of $668K (revenue +30.0% year-over-year).
- 2012: Revenue of $156K, expenses of $185K, and assets of $677K (revenue -13.8% year-over-year).
- 2011: Revenue of $180K, expenses of $203K, and assets of $705K (revenue -10.6% year-over-year).
- 2010: Revenue of $202K, expenses of $201K, and assets of $727K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for American Legion Post 0005 Bourque Lanigan:
Data Sources and Methodology
This transparency report for American Legion Post 0005 Bourque Lanigan 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.