American Legion Post 0217 Edward C Headman
EIN: 381402102 · Wyandotte, MI · NTEE: P20
| Metric | Value |
|---|---|
| Total Revenue | $397K |
| Total Expenses | $261K |
| Net Assets | $197K |
Is American Legion Post 0217 Edward C Headman 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 0217 Edward C Headman
American Legion Post 0217 Edward C Headman (EIN: 381402102) is a nonprofit organization based in Wyandotte, MI, classified under NTEE code P20. The organization reported total revenue of $397K and total assets of $199K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of American Legion Post 0217 Edward C Headman's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
American Legion Post 0217 Edward C Headman is a small nonprofit that has been operating for 50 years, with 2 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 1.6%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $246K |
| Total Expenses | $261K |
| Surplus / Deficit | $-15,515 |
| Total Assets | $199K |
| Total Liabilities | $2K |
| Net Assets | $197K |
| Operating Margin | -6.3% |
| Debt-to-Asset Ratio | 0.9% |
| Months of Reserves | 9.2 months |
Financial Health Grade: B
In 2022, American Legion Post 0217 Edward C Headman reported a deficit of $16K with expenses exceeding revenue, holds 9.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.9% (very low leverage).
Financial Trends
Over 2 years of filings (2011–2022), American Legion Post 0217 Edward C Headman's revenue has grown at a compound annual growth rate (CAGR) of 1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +18.8% | +15.1% | +43.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1976 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for American Legion Post 0217 Edward C Headman 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 0217 Edward C Headman 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $16K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.9%.
Frequently Asked Questions about American Legion Post 0217 Edward C Headman
Is American Legion Post 0217 Edward C Headman a legitimate charity?
American Legion Post 0217 Edward C Headman (EIN: 381402102) is a registered tax-exempt nonprofit based in Michigan. It has 2 years of IRS 990 filings on record. Total revenue: $397K. No red flags identified. Financial health grade: B.
How does American Legion Post 0217 Edward C Headman spend its money?
American Legion Post 0217 Edward C Headman reported $397K in total revenue in IRS 990 filings. 2 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to American Legion Post 0217 Edward C Headman tax-deductible?
American Legion Post 0217 Edward C Headman is registered as a tax-exempt nonprofit (EIN: 381402102). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is American Legion Post 0217 Edward C Headman located?
American Legion Post 0217 Edward C Headman is headquartered in Wyandotte, Michigan and files with the IRS under EIN 381402102. It is classified under NTEE code P20.
How many years of IRS 990 filings does American Legion Post 0217 Edward C Headman have?
American Legion Post 0217 Edward C Headman has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $397K in total revenue.
Filing History
IRS 990 filing history for American Legion Post 0217 Edward C Headman showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2011–2022), American Legion Post 0217 Edward C Headman's revenue has grown by 18.8%, moving from $207K to $246K. Total assets increased by 43.1% over the same period, from $139K to $199K. Total functional expenses rose by 15.1%, from $227K to $261K. In its most recent filing year (2022), American Legion Post 0217 Edward C Headman reported a deficit of $16K, with expenses exceeding revenue. The organization holds $2K in liabilities against $199K in assets (debt-to-asset ratio: 0.9%), resulting in net assets of $197K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $246K | $261K | $199K | $2K | — | View 990 |
| 2011 | $207K | $227K | $139K | $4K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for American Legion Post 0217 Edward C Headman:
Data Sources and Methodology
This transparency report for American Legion Post 0217 Edward C Headman 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.