Frankton American Legion Post 469 Co
EIN: 356076846 · Frankton, IN · NTEE: W30Z
| Metric | Value |
|---|---|
| Total Revenue | $504K |
| Total Expenses | $151K |
| Net Assets | $246K |
Is Frankton American Legion Post 469 Co Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Frankton American Legion Post 469 Co
Frankton American Legion Post 469 Co (EIN: 356076846) is a nonprofit organization based in Frankton, IN, classified under NTEE code W30Z. The organization reported total revenue of $504K and total assets of $273K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Frankton American Legion Post 469 Co's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Frankton American Legion Post 469 Co is a small nonprofit that has been operating for 80 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 9.2%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $135K |
| Total Expenses | $151K |
| Surplus / Deficit | $-16,696 |
| Total Assets | $247K |
| Total Liabilities | $1K |
| Net Assets | $246K |
| Operating Margin | -12.4% |
| Debt-to-Asset Ratio | 0.5% |
| Months of Reserves | 19.6 months |
Financial Health Grade: B
In 2024, Frankton American Legion Post 469 Co reported a deficit of $17K with expenses exceeding revenue, holds 19.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.5% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Frankton American Legion Post 469 Co's revenue has grown at a compound annual growth rate (CAGR) of 9.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +13.8% | +55.8% | -6.4% |
| 2023 | +0.1% | +19.7% | +9.0% |
| 2022 | -21.8% | +2.4% | +18.0% |
| 2021 | +110.8% | +35.6% | +54.9% |
| 2020 | -14.8% | -9.1% | +10.8% |
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 Analysis Pending
AI enrichment for Frankton American Legion Post 469 Co 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 Frankton American Legion Post 469 Co 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $17K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.5%.
Frequently Asked Questions about Frankton American Legion Post 469 Co
Is Frankton American Legion Post 469 Co a legitimate charity?
Frankton American Legion Post 469 Co (EIN: 356076846) is a registered tax-exempt nonprofit based in Indiana. It has 13 years of IRS 990 filings on record. Total revenue: $504K. No red flags identified. Financial health grade: B.
How does Frankton American Legion Post 469 Co spend its money?
Frankton American Legion Post 469 Co reported $504K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Frankton American Legion Post 469 Co tax-deductible?
Frankton American Legion Post 469 Co is registered as a tax-exempt nonprofit (EIN: 356076846). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Frankton American Legion Post 469 Co located?
Frankton American Legion Post 469 Co is headquartered in Frankton, Indiana and files with the IRS under EIN 356076846. It is classified under NTEE code W30Z.
How many years of IRS 990 filings does Frankton American Legion Post 469 Co have?
Frankton American Legion Post 469 Co 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 $504K in total revenue.
Filing History
IRS 990 filing history for Frankton American Legion Post 469 Co showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Frankton American Legion Post 469 Co's revenue has grown by 186.4%, moving from $47K to $135K. Total assets increased by 183.1% over the same period, from $87K to $247K. Total functional expenses rose by 279.6%, from $40K to $151K. In its most recent filing year (2024), Frankton American Legion Post 469 Co reported a deficit of $17K, with expenses exceeding revenue. The organization holds $1K in liabilities against $247K in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $246K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $135K | $151K | $247K | $1K | — | — |
| 2023 | $118K | $97K | $264K | $1K | — | View 990 |
| 2022 | $118K | $81K | $242K | $755 | — | View 990 |
| 2021 | $151K | $79K | $205K | $890 | — | View 990 |
| 2020 | $72K | $58K | $132K | $249 | — | View 990 |
| 2019 | $84K | $64K | $120K | $653 | — | View 990 |
| 2018 | $67K | $58K | $100K | $711 | — | View 990 |
| 2017 | $62K | $62K | $91K | $713 | — | View 990 |
| 2016 | $75K | $72K | $91K | $598 | — | View 990 |
| 2015 | $66K | $66K | $88K | $478 | — | View 990 |
| 2014 | $73K | $69K | $88K | $419 | — | View 990 |
| 2013 | $34K | $38K | $84K | $0 | — | View 990 |
| 2012 | $47K | $40K | $87K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $135K, expenses of $151K, and assets of $247K (revenue +13.8% year-over-year).
- 2023: Revenue of $118K, expenses of $97K, and assets of $264K (revenue +0.1% year-over-year).
- 2022: Revenue of $118K, expenses of $81K, and assets of $242K (revenue -21.8% year-over-year).
- 2021: Revenue of $151K, expenses of $79K, and assets of $205K (revenue +110.8% year-over-year).
- 2020: Revenue of $72K, expenses of $58K, and assets of $132K (revenue -14.8% year-over-year).
- 2019: Revenue of $84K, expenses of $64K, and assets of $120K (revenue +25.6% year-over-year).
- 2018: Revenue of $67K, expenses of $58K, and assets of $100K (revenue +7.8% year-over-year).
- 2017: Revenue of $62K, expenses of $62K, and assets of $91K (revenue -16.7% year-over-year).
- 2016: Revenue of $75K, expenses of $72K, and assets of $91K (revenue +12.9% year-over-year).
- 2015: Revenue of $66K, expenses of $66K, and assets of $88K (revenue -9.3% year-over-year).
- 2014: Revenue of $73K, expenses of $69K, and assets of $88K (revenue +114.2% year-over-year).
- 2013: Revenue of $34K, expenses of $38K, and assets of $84K (revenue -27.5% year-over-year).
- 2012: Revenue of $47K, expenses of $40K, and assets of $87K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Frankton American Legion Post 469 Co:
Data Sources and Methodology
This transparency report for Frankton American Legion Post 469 Co 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.