American Legion Post 0015 Henry B Pratt

American Legion Post 0015 Operates with Volunteer Leadership and Occasional Deficits.

EIN: 10210495 · Caribou, ME · Updated: 2026-03-28

$68KRevenue
$51KGross Revenue
$99KAssets
80/100Mission Score (Excellent)
American Legion Post 0015 Henry B Pratt Financial Summary
MetricValue
Total Revenue$68K
Total Expenses$55K
Program Spending85%
Net Assets$82K
Transparency Score80/100

Is American Legion Post 0015 Henry B Pratt 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 →

American Legion Post 0015 Henry B Pratt directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About American Legion Post 0015 Henry B Pratt

American Legion Post 0015 Henry B Pratt (EIN: 10210495) is a nonprofit organization based in Caribou, ME. The organization reported total revenue of $68K and total assets of $99K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of American Legion Post 0015 Henry B Pratt's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

80Years Operating
MicroSize Classification
13Years of Filings
MixedRevenue Trajectory

American Legion Post 0015 Henry B Pratt is a micro nonprofit that has been operating for 80 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -5.2%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$36K
Total Expenses$55K
Surplus / Deficit$-18,710
Total Assets$82K
Total Liabilities$68
Net Assets$82K
Operating Margin-51.5%
Debt-to-Asset Ratio0.1%
Months of Reserves17.9 months

Financial Health Grade: B

In 2023, American Legion Post 0015 Henry B Pratt reported a deficit of $19K with expenses exceeding revenue, holds 17.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), American Legion Post 0015 Henry B Pratt's revenue has declined at a compound annual growth rate (CAGR) of -5.2%.

YearRevenue ChangeExpense ChangeAsset Change
2023-33.6%+3.0%-18.6%
2022-28.4%+5.8%-0.1%
2021+109.2%+28.4%+36.2%
2020-48.3%-26.6%-3.3%
2019+7.5%+0.2%+28.0%

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

American Legion Post 0015 Henry B Pratt demonstrates consistent financial activity, with revenues and expenses generally in the range of $36,000 to $83,000 over the past decade. The organization's assets have shown growth, increasing from $51,900 in 2014 to $82,140 in 2023, indicating a stable, albeit modest, financial position. However, the 2023 filing shows expenses ($55,040) exceeding revenue ($36,330) by a significant margin, leading to a net deficit for that period. This trend of expenses sometimes exceeding revenue is observed in several years (e.g., 2023, 2020, 2017, 2016), suggesting that while the organization maintains a positive asset base, its operational budget can be tight. The organization consistently reports 0% officer compensation, which is a positive indicator of volunteer leadership and efficient use of funds for its mission. Given its relatively small scale, the financial management appears to be focused on maintaining operations with minimal overhead related to executive pay.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates American Legion Post 0015 Henry B Pratt with a Mission Score of 80 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 Post 0015 Henry B Pratt 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 (2023)

From the most recent IRS 990 filing on record:

$36KTotal Revenue
$55KTotal Expenses
$82KTotal Assets
$68Total Liabilities
$82KNet Assets
  • The organization reported a deficit of $19K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 0.1%.

Executive Compensation Analysis

Executive compensation is consistently reported at 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly efficient for an organization of this 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 Post 0015 Henry B Pratt's IRS 990 filings:

  • Expenses exceeded revenue in multiple recent years (e.g., 2023, 2020, 2017, 2016), indicating potential reliance on reserves or inconsistent funding.

Strengths

The following positive indicators were identified for American Legion Post 0015 Henry B Pratt:

  • Consistent 0% officer compensation, demonstrating volunteer leadership and efficient use of funds.
  • Stable asset base, growing from $51,900 in 2014 to $82,140 in 2023, indicating financial resilience.
  • Long filing history (13 filings), suggesting consistent operation and compliance.

Frequently Asked Questions about American Legion Post 0015 Henry B Pratt

Is American Legion Post 0015 Henry B Pratt a legitimate charity?

American Legion Post 0015 Henry B Pratt (EIN: 10210495) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 80/100. It has 13 years of IRS 990 filings on record. Total revenue: $68K. 1 red flag identified. 3 strengths noted. Financial health grade: B.

How does American Legion Post 0015 Henry B Pratt spend its money?

American Legion Post 0015 Henry B Pratt directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to American Legion Post 0015 Henry B Pratt tax-deductible?

American Legion Post 0015 Henry B Pratt is registered as a tax-exempt nonprofit (EIN: 10210495). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of American Legion Post 0015 Henry B Pratt's spending goes to programs?

American Legion Post 0015 Henry B Pratt directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

Where is American Legion Post 0015 Henry B Pratt located?

American Legion Post 0015 Henry B Pratt is headquartered in Caribou, Maine and files with the IRS under EIN 10210495.

How many years of IRS 990 filings does American Legion Post 0015 Henry B Pratt have?

American Legion Post 0015 Henry B Pratt has 13 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 $68K in total revenue.

Is American Legion Post 0015 Henry B Pratt a good charity?

Based on the available data, the organization appears to be a good charity, particularly due to its 0% officer compensation, indicating that all leadership is volunteer-based. While it experiences occasional deficits, its asset base remains stable, suggesting responsible financial management for its size.

How has the organization's financial health changed over time?

The organization's financial health has been relatively stable, with assets growing from $51,900 in 2014 to $82,140 in 2023. However, it has experienced several years where expenses exceeded revenue, such as in 2023 ($55,040 expenses vs. $36,330 revenue), indicating periods of operational deficit.

What is the trend in revenue and expenses?

Revenue and expenses fluctuate year-to-year, generally ranging between $36,000 and $83,000. There isn't a clear upward or downward trend, but rather a pattern of variability, with expenses sometimes exceeding revenue (e.g., 2023, 2020, 2017, 2016) and sometimes being lower (e.g., 2022, 2021, 2019, 2018).

Filing History

IRS 990 filing history for American Legion Post 0015 Henry B Pratt showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), American Legion Post 0015 Henry B Pratt's revenue has declined by 47.6%, moving from $69K to $36K. Total assets increased by 29.2% over the same period, from $64K to $82K. Total functional expenses fell by 25%, from $73K to $55K. In its most recent filing year (2023), American Legion Post 0015 Henry B Pratt reported a deficit of $19K, with expenses exceeding revenue. The organization holds $68 in liabilities against $82K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $82K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $36K $55K $82K $68 View 990
2022 $55K $53K $101K $85 View 990
2021 $76K $51K $101K $1K View 990
2020 $36K $39K $74K $507
2019 $71K $54K $77K $175 View 990
2018 $66K $53K $60K $410 View 990
2017 $54K $57K $48K $410 View 990
2016 $53K $60K $52K $2K View 990
2015 $76K $69K $58K $630 View 990
2014 $83K $81K $52K $740 View 990
2013 $65K $73K $50K $217 View 990
2012 $80K $85K $58K $337 View 990
2011 $69K $73K $64K $413 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $36K, expenses of $55K, and assets of $82K (revenue -33.6% year-over-year).
  • 2022: Revenue of $55K, expenses of $53K, and assets of $101K (revenue -28.4% year-over-year).
  • 2021: Revenue of $76K, expenses of $51K, and assets of $101K (revenue +109.2% year-over-year).
  • 2020: Revenue of $36K, expenses of $39K, and assets of $74K (revenue -48.3% year-over-year).
  • 2019: Revenue of $71K, expenses of $54K, and assets of $77K (revenue +7.5% year-over-year).
  • 2018: Revenue of $66K, expenses of $53K, and assets of $60K (revenue +21.5% year-over-year).
  • 2017: Revenue of $54K, expenses of $57K, and assets of $48K (revenue +2.1% year-over-year).
  • 2016: Revenue of $53K, expenses of $60K, and assets of $52K (revenue -30.1% year-over-year).
  • 2015: Revenue of $76K, expenses of $69K, and assets of $58K (revenue -8.8% year-over-year).
  • 2014: Revenue of $83K, expenses of $81K, and assets of $52K (revenue +27.6% year-over-year).
  • 2013: Revenue of $65K, expenses of $73K, and assets of $50K (revenue -18.7% year-over-year).
  • 2012: Revenue of $80K, expenses of $85K, and assets of $58K (revenue +15.2% year-over-year).
  • 2011: Revenue of $69K, expenses of $73K, and assets of $64K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for American Legion Post 0015 Henry B Pratt:

2023 Filing 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 Post 0015 Henry B Pratt 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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