American Legion Post 150
American Legion Post 150 maintains stable assets and zero liabilities with volunteer leadership.
EIN: 16016408 · Mechanic Fls, ME · Updated: 2026-03-28
Is American Legion Post 150 Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
American Legion Post 150 directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About American Legion Post 150
American Legion Post 150 (EIN: 16016408) is a nonprofit organization based in Mechanic Fls, ME. The organization reported total revenue of $154K and total assets of $104K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of American Legion Post 150's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
American Legion Post 150 is a small nonprofit that has been operating for 80 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -1.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $74K |
| Total Expenses | $81K |
| Surplus / Deficit | $-6,971 |
| Total Assets | $101K |
| Net Assets | $101K |
| Operating Margin | -9.4% |
| Months of Reserves | 14.9 months |
Financial Health Grade: B
In 2024, American Legion Post 150 reported a deficit of $7K with expenses exceeding revenue, holds 14.9 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2011–2024), American Legion Post 150's revenue has declined at a compound annual growth rate (CAGR) of -1.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -4.3% | +11.2% | -6.4% |
| 2023 | +7.3% | -10.1% | +4.4% |
| 2022 | +15.3% | +47.0% | -7.9% |
| 2021 | -12.9% | -32.2% | +7.1% |
| 2020 | -0.7% | -10.4% | -8.2% |
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 150 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 Post 150 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.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $7K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating a volunteer-led organization, which is highly favorable for resource allocation and donor trust.
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 150's IRS 990 filings:
- NTEE code is unknown, limiting comparative analysis.
- Lack of detailed expense breakdown beyond total expenses makes program efficiency difficult to fully assess.
Strengths
The following positive indicators were identified for American Legion Post 150:
- Consistent reporting of 0% officer compensation, indicating volunteer leadership.
- Strong financial solvency with consistently low or zero liabilities.
- Stable asset base, consistently above $100,000.
- Consistent filing history (14 filings) demonstrates transparency and compliance.
Frequently Asked Questions about American Legion Post 150
Is American Legion Post 150 a legitimate charity?
Based on AI analysis of IRS 990 filings, American Legion Post 150 (EIN: 16016408) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does American Legion Post 150 spend its money?
American Legion Post 150 directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to American Legion Post 150 tax-deductible?
American Legion Post 150 is registered as a tax-exempt nonprofit (EIN: 16016408). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is American Legion Post 150 a good charity?
Based on the available IRS 990 data, American Legion Post 150 appears to be a financially stable organization with a strong balance sheet (assets consistently over $100,000 and zero liabilities in most recent filings). The consistent reporting of 0% officer compensation is a significant positive, suggesting a volunteer-driven model. However, without detailed expense breakdowns, it's difficult to fully assess program efficiency.
How does American Legion Post 150 manage its liabilities?
American Legion Post 150 has consistently reported $0 in liabilities in its recent filings (202405, 202305, 202205, 202105, 202005, 201905, 201805, 201705, 201605), with only one instance of $3,054 in 201505. This indicates excellent financial management and solvency.
What is the trend in American Legion Post 150's assets?
American Legion Post 150's assets have shown a gradual decline over the past decade, from a high of $159,913 in 201505 to $101,195 in 202405. Despite this trend, assets remain consistently above $100,000, indicating a solid financial foundation.
Filing History
IRS 990 filing history for American Legion Post 150 showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), American Legion Post 150's revenue has declined by 13.3%, moving from $86K to $74K. Total assets decreased by 46.7% over the same period, from $190K to $101K. Total functional expenses fell by 24.4%, from $107K to $81K. In its most recent filing year (2024), American Legion Post 150 reported a deficit of $7K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $74K | $81K | $101K | $0 | — | — |
| 2023 | $78K | $73K | $108K | $0 | — | — |
| 2022 | $72K | $81K | $104K | $0 | — | View 990 |
| 2021 | $63K | $55K | $113K | $0 | — | — |
| 2020 | $72K | $81K | $105K | $0 | — | — |
| 2019 | $73K | $91K | $114K | $0 | — | View 990 |
| 2018 | $85K | $88K | $133K | $0 | — | View 990 |
| 2017 | $76K | $95K | $136K | $0 | — | View 990 |
| 2016 | $89K | $91K | $155K | $0 | — | View 990 |
| 2015 | $77K | $83K | $160K | $3K | — | View 990 |
| 2014 | $77K | $82K | $169K | $6K | — | View 990 |
| 2013 | $75K | $85K | $177K | $8K | — | View 990 |
| 2012 | $91K | $98K | $189K | $10K | — | View 990 |
| 2011 | $86K | $107K | $190K | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $74K, expenses of $81K, and assets of $101K (revenue -4.3% year-over-year).
- 2023: Revenue of $78K, expenses of $73K, and assets of $108K (revenue +7.3% year-over-year).
- 2022: Revenue of $72K, expenses of $81K, and assets of $104K (revenue +15.3% year-over-year).
- 2021: Revenue of $63K, expenses of $55K, and assets of $113K (revenue -12.9% year-over-year).
- 2020: Revenue of $72K, expenses of $81K, and assets of $105K (revenue -0.7% year-over-year).
- 2019: Revenue of $73K, expenses of $91K, and assets of $114K (revenue -14.5% year-over-year).
- 2018: Revenue of $85K, expenses of $88K, and assets of $133K (revenue +11.4% year-over-year).
- 2017: Revenue of $76K, expenses of $95K, and assets of $136K (revenue -14.3% year-over-year).
- 2016: Revenue of $89K, expenses of $91K, and assets of $155K (revenue +15.4% year-over-year).
- 2015: Revenue of $77K, expenses of $83K, and assets of $160K (revenue +0.5% year-over-year).
- 2014: Revenue of $77K, expenses of $82K, and assets of $169K (revenue +1.7% year-over-year).
- 2013: Revenue of $75K, expenses of $85K, and assets of $177K (revenue -17.1% year-over-year).
- 2012: Revenue of $91K, expenses of $98K, and assets of $189K (revenue +6.0% year-over-year).
- 2011: Revenue of $86K, expenses of $107K, and assets of $190K.
Data Sources and Methodology
This transparency report for American Legion Post 150 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.