Civic Intelligence

American Legion Post 749

990 • Fiscal year 2023 • EIN 36-2906078

Sep 01, 2022 to Aug 31, 2023 • Filed on Jan 10, 2024

PO Box 173Knoxville, IL 61448-0173

(309) 335-1619

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

52nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)19 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

53rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)19 • <$500k nonprofits • Source year 2023

Net Margin

61st percentile

9.9%

Higher net margin than 61% of similar nonprofits.

2023 filings • 501(c)19 • <$500k nonprofits • Source year 2023

Top Officer Pay

91st percentile

$0

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)19 • <$500k nonprofits • Source year 2023

Asset Growth

66th percentile

6.6%

Faster asset growth than 66% of similar nonprofits.

2023 filings • 501(c)19 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

40th percentile

-1.4%

Faster revenue growth than 40% of similar nonprofits.

2023 filings • 501(c)19 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$442,185

Up $27,488 (+6.6%) from 2022

Net Assets

Up

$442,185

Up $27,488 (+6.6%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Down

$277,372

Down $3,988 (-1.4%) from 2022

Expenses

Up

$249,884

Up $1,231 (+0.5%) from 2022

Net Income

Down

$27,488

Down $5,219 (-16%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0Assets 2012: $38,043Liabilities 2012: $0Net Assets 2012: $38,0432012Assets 2014: $35,659Liabilities 2014: $0Net Assets 2014: $35,6592014Assets 2015: $142,303Liabilities 2015: $0Net Assets 2015: $142,3032015Assets 2016: $185,154Liabilities 2016: $0Net Assets 2016: $185,1542016Assets 2017: $207,439Liabilities 2017: $2,745Net Assets 2017: $204,6942017Assets 2018: $272,077Liabilities 2018: $1,850Net Assets 2018: $270,2272018Assets 2019: $386,707Liabilities 2019: $18,887Net Assets 2019: $367,8202019Assets 2020: $346,707Liabilities 2020: $0Net Assets 2020: $346,7072020Assets 2021: $381,990Liabilities 2021: $0Net Assets 2021: $381,9902021Assets 2022: $414,697Liabilities 2022: $0Net Assets 2022: $414,6972022Assets 2023: $442,185Liabilities 2023: $0Net Assets 2023: $442,1852023Assets 2024: $477,130Liabilities 2024: $0Net Assets 2024: $477,1302024Assets 2025: $499,619Liabilities 2025: $0Net Assets 2025: $499,6192025

Highlighted filing

2023

Assets$442,185
Liabilities$0
Net Assets$442,185

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$300K$200K$100K$0-$100KRevenue 2012: $100,313Expenses 2012: $104,416Net Income 2012: -$4,1032012Revenue 2014: $119,436Expenses 2014: $114,318Net Income 2014: $5,1182014Revenue 2015: $197,927Expenses 2015: $110,492Net Income 2015: $87,4352015Revenue 2016: $169,695Expenses 2016: $133,610Net Income 2016: $36,0852016Revenue 2017: $163,523Expenses 2017: $143,983Net Income 2017: $19,5402017Revenue 2018: $136,452Expenses 2018: $57,347Net Income 2018: $79,1052018Revenue 2019: $291,495Expenses 2019: $193,902Net Income 2019: $97,5932019Revenue 2020: $141,205Expenses 2020: $162,318Net Income 2020: -$21,1132020Revenue 2021: $163,369Expenses 2021: $128,086Net Income 2021: $35,2832021Revenue 2022: $281,360Expenses 2022: $248,653Net Income 2022: $32,7072022Revenue 2023: $277,372Expenses 2023: $249,884Net Income 2023: $27,4882023Revenue 2024: $299,065Expenses 2024: $264,120Net Income 2024: $34,9452024Revenue 2025: $315,259Expenses 2025: $292,770Net Income 2025: $22,4892025

Highlighted filing

2023

Revenue$277,372
Expenses$249,884
Net Income$27,488
Jump To
Filing Snapshot
Filing Period
Sep 1, 2022 to Aug 31, 2023
Signed
Jan 10, 2024
Return Version
2022v5.0
Gross Receipts
$394,861
Mission and Program Overview

Mission

To provide fraternal and social benefits to members and the general public and to honor the sacrifice of those who serve by enhancing the lives of our veterans, military, and their families, both at home and abroad.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$143,555$182,317▲ $38,762
Land, Buildings, and Equipment, Net$165,714$153,887▼ $11,827
Savings and Temporary Cash Investments$105,428$105,981▲ $553
Total Assets$414,697$442,185▲ $27,488
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$414,697$442,185▲ $27,488
Total Net Assets Fund Balance$414,697$442,185▲ $27,488
Total Liabilities and Net Assets / Fund Balance$414,697$442,185▲ $27,488

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$135,321$140,182$275,503
Equipment$18,566$94,486$113,052
Compensation and Service Providers

Board Members and Trustees

NameTitle
Steven CaldwellAdjutant
Linda PotterBookkeeper
Harvey SchofieldCommander
Timothy C AsburyFinancial Officer
Revenue and Support

Revenue Composition

Contributions and Grants
$9,692
Program Service Revenue
$49,859
Investment Income
$118
Other Revenue
$217,703
All Other Contributions
$5,525
Change in Net Assets
$27,488
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$177,646
Salaries, Compensation, and Employee Benefits$72,238
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$65,213
Occupancy---$59,308
Depreciation Depletion---$17,053
All Other Expenses---$12,938
Office Expenses---$11,114
Insurance---$9,486
Payroll Taxes---$7,025
Fees for Services Accounting---$4,850
Other Expenses$2,948--$2,948
Advertising---$135
Total Functional Expenses$0$0$0$249,884
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$95,883
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Members or stockholder classes and rights Part VI line 6

The harry w. Philblad post no. 749 american legion was established as a general not for profit corporation under the laws of the state of illinois on december 29, 1955. The articles of incorporation established a board of directors of not fewer than three individuals and gives all members of the legion voting rights. As of the end of its current fiscal year, the legion had 165 members. These members are not issued stock certificates, but rather have the right to vote on any issues brought up in regular meetings that have been decided by the board of directors.

Member election for additional members Part VI line 7A

The american legion no 749 gives all members of the legion voting rights. As of the end of its current fiscal year, the legion had 169 members. These members have the right to vote in meetings on whether to retain the current board of directors or elect other members to the board. Only members of the legion are permitted to become board members.

Governing body decisions Part VI line 7B

The american legion no 749 gives all members of the legion voting rights. As of the end of its current fiscal year, the legion had 169 members. These members have the right to vote in meetings on all major issues affecting the organization. Among these issues are those affecting the governing body, such as which members will serve on the board of directors, what compensation board members will receive, if any, how often and where future meetings will be held, and other such information.

Form 990 governing body review Part VI line 11

The american legion post 749 governing body performs an annual review of form 990 (in prior years form 990-ez) after its accountanting firm completes and files the form. This review is documented in the minutes of the meeting and is available upon request.

Form 990 availability to public Part VI line 18

The american legion post 749s forms 990 for the most recent tax years are available upon request to members only. Such documents have not been made available to the general public historically and, as of the date of filing, no such requests have been received. Interested parties would contact the organizations financial officer, tim asbury, at the legion to make such a request. The local legion does not maintain a website separate from the larger national corporation.

Governing documents etc available to public Part VI line 19

The american legion post 749s governing documents are available upon request to members only. Such documents have not been made available to the general public historically and, as of the date of filing, no such requests have been received. Interested parties would contact the organizations financial officer, tim asbury, at the legion to make such a request. The local legion does not maintain a website separate from the larger national corporation.

Filing and Contact Details

Filer

Filer Name
American Legion Post 749
EIN
36-2906078
Address
PO BOX 173, KNOXVILLE, IL 61448-0173

Signing Officer

Name
Linda Potter
Title
Bookkeeper
Phone
3092894469
Signed
2024-01-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Harvey Schofield
Formed
1955
Legal Domicile
Il
Voting Board Members
3
Independent Board Members
3
Employees
12

Preparer

Firm
RCAM Accounting & Tax Inc
Address
4424 N Sheridan Rd, Peoria, IL 61614-5920
Preparer
Randall Shaw
Phone
3096866200
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE HARRY W. PHILBLAD POST NO. 749 AMERICAN LEGION WAS ESTABLISHED AS A GENERAL NOT FOR PROFIT CORPORATION UNDER THE LAWS OF THE STATE OF ILLINOIS ON DECEMBER 29, 1955. THE ARTICLES OF INCORPORATION ESTABLISHED A BOARD OF DIRECTORS OF NOT FEWER THAN THREE INDIVIDUALS AND GIVES ALL MEMBERS OF THE LEGION VOTING RIGHTS. AS OF THE END OF ITS CURRENT FISCAL YEAR, THE LEGION HAD 165 MEMBERS. THESE MEMBERS ARE NOT ISSUED STOCK CERTIFICATES, BUT RATHER HAVE THE RIGHT TO VOTE ON ANY ISSUES BROUGHT UP IN REGULAR MEETINGS THAT HAVE BEEN DECIDED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE AMERICAN LEGION NO 749 GIVES ALL MEMBERS OF THE LEGION VOTING RIGHTS. AS OF THE END OF ITS CURRENT FISCAL YEAR, THE LEGION HAD 169 MEMBERS. THESE MEMBERS HAVE THE RIGHT TO VOTE IN MEETINGS ON WHETHER TO RETAIN THE CURRENT BOARD OF DIRECTORS OR ELECT OTHER MEMBERS TO THE BOARD. ONLY MEMBERS OF THE LEGION ARE PERMITTED TO BECOME BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE AMERICAN LEGION NO 749 GIVES ALL MEMBERS OF THE LEGION VOTING RIGHTS. AS OF THE END OF ITS CURRENT FISCAL YEAR, THE LEGION HAD 169 MEMBERS. THESE MEMBERS HAVE THE RIGHT TO VOTE IN MEETINGS ON ALL MAJOR ISSUES AFFECTING THE ORGANIZATION. AMONG THESE ISSUES ARE THOSE AFFECTING THE GOVERNING BODY, SUCH AS WHICH MEMBERS WILL SERVE ON THE BOARD OF DIRECTORS, WHAT COMPENSATION BOARD MEMBERS WILL RECEIVE, IF ANY, HOW OFTEN AND WHERE FUTURE MEETINGS WILL BE HELD, AND OTHER SUCH INFORMATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE AMERICAN LEGION POST 749 GOVERNING BODY PERFORMS AN ANNUAL REVIEW OF FORM 990 (IN PRIOR YEARS FORM 990-EZ) AFTER ITS ACCOUNTANTING FIRM COMPLETES AND FILES THE FORM. THIS REVIEW IS DOCUMENTED IN THE MINUTES OF THE MEETING AND IS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE AMERICAN LEGION POST 749S FORMS 990 FOR THE MOST RECENT TAX YEARS ARE AVAILABLE UPON REQUEST TO MEMBERS ONLY. SUCH DOCUMENTS HAVE NOT BEEN MADE AVAILABLE TO THE GENERAL PUBLIC HISTORICALLY AND, AS OF THE DATE OF FILING, NO SUCH REQUESTS HAVE BEEN RECEIVED. INTERESTED PARTIES WOULD CONTACT THE ORGANIZATIONS FINANCIAL OFFICER, TIM ASBURY, AT THE LEGION TO MAKE SUCH A REQUEST. THE LOCAL LEGION DOES NOT MAINTAIN A WEBSITE SEPARATE FROM THE LARGER NATIONAL CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE AMERICAN LEGION POST 749S GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST TO MEMBERS ONLY. SUCH DOCUMENTS HAVE NOT BEEN MADE AVAILABLE TO THE GENERAL PUBLIC HISTORICALLY AND, AS OF THE DATE OF FILING, NO SUCH REQUESTS HAVE BEEN RECEIVED. INTERESTED PARTIES WOULD CONTACT THE ORGANIZATIONS FINANCIAL OFFICER, TIM ASBURY, AT THE LEGION TO MAKE SUCH A REQUEST. THE LOCAL LEGION DOES NOT MAINTAIN A WEBSITE SEPARATE FROM THE LARGER NATIONAL CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Members or stockholder classes and rights Part VI line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Member election for additional members Part VI line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Governing body decisions Part VI line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990 availability to public Part VI line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Governing documents etc available to public Part VI line 19
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ReturnHeader/ReturnTs02024-01-11T12:09:25-05:00
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