Walter T Cohee Post 12 Dept Of Indiana The American Legion
EIN: 350237038 · Frankfort, IN · NTEE: W30
| Metric | Value |
|---|---|
| Total Revenue | $731K |
| Total Expenses | $171K |
| Net Assets | $156K |
Is Walter T Cohee Post 12 Dept Of Indiana The American Legion Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Walter T Cohee Post 12 Dept Of Indiana The American Legion
Walter T Cohee Post 12 Dept Of Indiana The American Legion (EIN: 350237038) is a nonprofit organization based in Frankfort, IN, classified under NTEE code W30. The organization reported total revenue of $731K and total assets of $169K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Walter T Cohee Post 12 Dept Of Indiana The American Legion's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Walter T Cohee Post 12 Dept Of Indiana The American Legion is a small nonprofit that has been operating for 80 years, with 7 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 13.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $264K |
| Total Expenses | $171K |
| Surplus / Deficit | +$92K |
| Total Assets | $157K |
| Total Liabilities | $806 |
| Net Assets | $156K |
| Operating Margin | 35.0% |
| Debt-to-Asset Ratio | 0.5% |
| Months of Reserves | 11.0 months |
Financial Health Grade: A
In 2023, Walter T Cohee Post 12 Dept Of Indiana The American Legion reported a surplus of $92K with revenue exceeding expenses, holds 11.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.5% (very low leverage).
Financial Trends
Over 7 years of filings (2015–2023), Walter T Cohee Post 12 Dept Of Indiana The American Legion's revenue has grown at a compound annual growth rate (CAGR) of 13.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -8.7% | +22.9% | -7.0% |
| 2022 | +136.4% | +36.1% | +160.2% |
| 2020 | -22.5% | +2.9% | +50.0% |
| 2019 | +149.2% | +84.3% | +11.6% |
| 2017 | -41.7% | +37.7% | +42.5% |
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 Walter T Cohee Post 12 Dept Of Indiana The American Legion 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 Walter T Cohee Post 12 Dept Of Indiana The American Legion 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 surplus of $92K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.5%.
Frequently Asked Questions about Walter T Cohee Post 12 Dept Of Indiana The American Legion
Is Walter T Cohee Post 12 Dept Of Indiana The American Legion a legitimate charity?
Based on AI analysis of IRS 990 filings, Walter T Cohee Post 12 Dept Of Indiana The American Legion (EIN: 350237038) insufficient data. 0 red flags identified, 0 strengths noted.
How does Walter T Cohee Post 12 Dept Of Indiana The American Legion spend its money?
Detailed spending breakdown data is not yet available for Walter T Cohee Post 12 Dept Of Indiana The American Legion. Check back for updated IRS 990 analysis.
Are donations to Walter T Cohee Post 12 Dept Of Indiana The American Legion tax-deductible?
Walter T Cohee Post 12 Dept Of Indiana The American Legion is registered as a tax-exempt nonprofit (EIN: 350237038). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Walter T Cohee Post 12 Dept Of Indiana The American Legion located?
Walter T Cohee Post 12 Dept Of Indiana The American Legion is headquartered in Frankfort, Indiana and files with the IRS under EIN 350237038. It is classified under NTEE code W30.
How many years of IRS 990 filings does Walter T Cohee Post 12 Dept Of Indiana The American Legion have?
Walter T Cohee Post 12 Dept Of Indiana The American Legion has 7 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 $731K in total revenue.
Filing History
IRS 990 filing history for Walter T Cohee Post 12 Dept Of Indiana The American Legion showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2015–2023), Walter T Cohee Post 12 Dept Of Indiana The American Legion's revenue has grown by 168%, moving from $98K to $264K. Total assets increased by 1080.9% over the same period, from $13K to $157K. Total functional expenses rose by 131.2%, from $74K to $171K. In its most recent filing year (2023), Walter T Cohee Post 12 Dept Of Indiana The American Legion reported a surplus of $92K, with revenue exceeding expenses. The organization holds $806 in liabilities against $157K in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $156K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $264K | $171K | $157K | $806 | — | — |
| 2022 | $289K | $139K | $169K | $895 | — | — |
| 2020 | $122K | $102K | $65K | $0 | — | View 990 |
| 2019 | $158K | $100K | $43K | $0 | — | View 990 |
| 2017 | $63K | $54K | $39K | $0 | — | View 990 |
| 2016 | $108K | $39K | $27K | $0 | — | View 990 |
| 2015 | $98K | $74K | $13K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $264K, expenses of $171K, and assets of $157K (revenue -8.7% year-over-year).
- 2022: Revenue of $289K, expenses of $139K, and assets of $169K (revenue +136.4% year-over-year).
- 2020: Revenue of $122K, expenses of $102K, and assets of $65K (revenue -22.5% year-over-year).
- 2019: Revenue of $158K, expenses of $100K, and assets of $43K (revenue +149.2% year-over-year).
- 2017: Revenue of $63K, expenses of $54K, and assets of $39K (revenue -41.7% year-over-year).
- 2016: Revenue of $108K, expenses of $39K, and assets of $27K (revenue +10.2% year-over-year).
- 2015: Revenue of $98K, expenses of $74K, and assets of $13K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Walter T Cohee Post 12 Dept Of Indiana The American Legion:
Data Sources and Methodology
This transparency report for Walter T Cohee Post 12 Dept Of Indiana The American Legion 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.