Heath Perkins American Legion Post 51
EIN: 411710585 · Pine City, MN
| Metric | Value |
|---|---|
| Total Revenue | $2.1M |
| Total Expenses | $306K |
| Net Assets | $333K |
Is Heath Perkins American Legion Post 51 Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Heath Perkins American Legion Post 51
Heath Perkins American Legion Post 51 (EIN: 411710585) is a nonprofit organization based in Pine City, MN. The organization reported total revenue of $2.1M and total assets of $299K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Heath Perkins American Legion Post 51's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Heath Perkins American Legion Post 51 is a mid-size nonprofit that has been operating for 64 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $261K |
| Total Expenses | $306K |
| Surplus / Deficit | $-45,460 |
| Total Assets | $346K |
| Total Liabilities | $13K |
| Net Assets | $333K |
| Operating Margin | -17.4% |
| Debt-to-Asset Ratio | 3.8% |
| Months of Reserves | 13.6 months |
Financial Health Grade: B
In 2023, Heath Perkins American Legion Post 51 reported a deficit of $45K with expenses exceeding revenue, holds 13.6 months of operating reserves (strong position), has a debt-to-asset ratio of 3.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Heath Perkins American Legion Post 51's revenue has grown at a compound annual growth rate (CAGR) of 3.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +32.9% | +26.6% | -10.9% |
| 2022 | -31.7% | +49.0% | -10.2% |
| 2021 | +76.2% | +28.5% | +22.5% |
| 2020 | +12.2% | -6.9% | +6.0% |
| 2019 | -14.0% | -1.3% | +25.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1962 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Heath Perkins American Legion Post 51 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 Heath Perkins American Legion Post 51 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $45K, with expenses exceeding revenue.
- Debt-to-asset ratio: 3.8%.
Frequently Asked Questions about Heath Perkins American Legion Post 51
Is Heath Perkins American Legion Post 51 a legitimate charity?
Based on AI analysis of IRS 990 filings, Heath Perkins American Legion Post 51 (EIN: 411710585) insufficient data. 0 red flags identified, 0 strengths noted.
How does Heath Perkins American Legion Post 51 spend its money?
Detailed spending breakdown data is not yet available for Heath Perkins American Legion Post 51. Check back for updated IRS 990 analysis.
Are donations to Heath Perkins American Legion Post 51 tax-deductible?
Heath Perkins American Legion Post 51 is registered as a tax-exempt nonprofit (EIN: 411710585). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Heath Perkins American Legion Post 51 located?
Heath Perkins American Legion Post 51 is headquartered in Pine City, Minnesota and files with the IRS under EIN 411710585.
How many years of IRS 990 filings does Heath Perkins American Legion Post 51 have?
Heath Perkins American Legion Post 51 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 $2.1M in total revenue.
Filing History
IRS 990 filing history for Heath Perkins American Legion Post 51 showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Heath Perkins American Legion Post 51's revenue has grown by 42%, moving from $184K to $261K. Total assets increased by 130.2% over the same period, from $150K to $346K. Total functional expenses rose by 65.6%, from $185K to $306K. In its most recent filing year (2023), Heath Perkins American Legion Post 51 reported a deficit of $45K, with expenses exceeding revenue. The organization holds $13K in liabilities against $346K in assets (debt-to-asset ratio: 3.8%), resulting in net assets of $333K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $261K | $306K | $346K | $13K | — | — |
| 2022 | $196K | $242K | $388K | $10K | — | View 990 |
| 2021 | $287K | $162K | $433K | $8K | — | View 990 |
| 2020 | $163K | $126K | $353K | $54K | — | View 990 |
| 2019 | $145K | $136K | $333K | $70K | — | — |
| 2018 | $169K | $137K | $265K | $11K | — | View 990 |
| 2017 | $311K | $262K | $242K | $20K | — | View 990 |
| 2016 | $254K | $271K | $187K | $14K | — | View 990 |
| 2015 | $275K | $260K | $212K | $22K | — | View 990 |
| 2014 | $244K | $215K | $202K | $28K | — | View 990 |
| 2013 | $197K | $176K | $177K | $31K | — | View 990 |
| 2012 | $194K | $177K | $161K | $36K | — | View 990 |
| 2011 | $184K | $185K | $150K | $42K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $261K, expenses of $306K, and assets of $346K (revenue +32.9% year-over-year).
- 2022: Revenue of $196K, expenses of $242K, and assets of $388K (revenue -31.7% year-over-year).
- 2021: Revenue of $287K, expenses of $162K, and assets of $433K (revenue +76.2% year-over-year).
- 2020: Revenue of $163K, expenses of $126K, and assets of $353K (revenue +12.2% year-over-year).
- 2019: Revenue of $145K, expenses of $136K, and assets of $333K (revenue -14.0% year-over-year).
- 2018: Revenue of $169K, expenses of $137K, and assets of $265K (revenue -45.6% year-over-year).
- 2017: Revenue of $311K, expenses of $262K, and assets of $242K (revenue +22.3% year-over-year).
- 2016: Revenue of $254K, expenses of $271K, and assets of $187K (revenue -7.6% year-over-year).
- 2015: Revenue of $275K, expenses of $260K, and assets of $212K (revenue +12.8% year-over-year).
- 2014: Revenue of $244K, expenses of $215K, and assets of $202K (revenue +23.5% year-over-year).
- 2013: Revenue of $197K, expenses of $176K, and assets of $177K (revenue +2.0% year-over-year).
- 2012: Revenue of $194K, expenses of $177K, and assets of $161K (revenue +5.4% year-over-year).
- 2011: Revenue of $184K, expenses of $185K, and assets of $150K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Heath Perkins American Legion Post 51:
Data Sources and Methodology
This transparency report for Heath Perkins American Legion Post 51 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.