Civic Intelligence

American Legion Post #260

990 • Fiscal year 2016 • EIN 41-0749850

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 07, 2017

PO Box 806Monticello, MN 55362-0806

(763) 295-2574

Siviq Scores

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

Liabilities / Assets

75th percentile

0.12x

Higher debt load relative to assets than 75% of similar nonprofits.

2016 filings • 501(c)19 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

72nd percentile

0.16x

Higher debt load relative to revenue than 72% of similar nonprofits.

2016 filings • 501(c)19 • $1M-$5M nonprofits • Source year 2016

Net Margin

60th percentile

7.7%

Higher net margin than 60% of similar nonprofits.

2016 filings • 501(c)19 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

62nd percentile

$0

Higher top officer pay than 62% of similar nonprofits.

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

2016 filings • 501(c)19 • $1M-$5M nonprofits • Source year 2016

Asset Growth

71st percentile

5.5%

Faster asset growth than 71% of similar nonprofits.

2016 filings • 501(c)19 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

78th percentile

18%

Faster revenue growth than 78% of similar nonprofits.

2016 filings • 501(c)19 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$599,430

Up $31,238 (+5.5%) from 2015

Net Assets

Up

$527,368

Up $42,222 (+8.7%) from 2015

Liabilities

Down

$72,062

Down $10,984 (-13%) from 2015

Revenue

Up

$440,398

Up $68,685 (+18%) from 2015

Expenses

Up

$406,497

Up $99,103 (+32%) from 2015

Net Income

Down

$33,901

Down $30,418 (-47%) from 2015

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2011: $443,773Liabilities 2011: $13,463Net Assets 2011: $430,3102011Assets 2012: $439,277Liabilities 2012: $12,068Net Assets 2012: $427,2092012Assets 2013: $406,768Liabilities 2013: $3,804Net Assets 2013: $402,9642013Assets 2014: $453,787Liabilities 2014: $20,132Net Assets 2014: $433,6552014Assets 2015: $568,192Liabilities 2015: $83,046Net Assets 2015: $485,1462015Assets 2016: $599,430Liabilities 2016: $72,062Net Assets 2016: $527,3682016Assets 2017: $646,316Liabilities 2017: $50,273Net Assets 2017: $596,0432017Assets 2018: $676,573Liabilities 2018: $49,347Net Assets 2018: $627,2262018Assets 2019: $664,150Liabilities 2019: $36,118Net Assets 2019: $628,0322019Assets 2020: $563,854Liabilities 2020: $26,577Net Assets 2020: $537,2772020Assets 2021: $722,512Liabilities 2021: $7,710Net Assets 2021: $714,8022021Assets 2022: $745,416Liabilities 2022: $21,341Net Assets 2022: $724,0752022Assets 2023: $865,899Liabilities 2023: $39,483Net Assets 2023: $826,4162023Assets 2024: $878,418Liabilities 2024: $12,270Net Assets 2024: $866,1482024

Highlighted filing

2016

Assets$599,430
Liabilities$72,062
Net Assets$527,368

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2011: $254,6622011Expenses 2012: $246,2232012Revenue 2013: $204,245Expenses 2013: $231,172Net Income 2013: -$26,9272013Revenue 2014: $316,412Expenses 2014: $291,056Net Income 2014: $25,3562014Revenue 2015: $371,713Expenses 2015: $307,394Net Income 2015: $64,3192015Revenue 2016: $440,398Expenses 2016: $406,497Net Income 2016: $33,9012016Revenue 2017: $525,533Expenses 2017: $463,648Net Income 2017: $61,8852017Revenue 2018: $588,965Expenses 2018: $545,044Net Income 2018: $43,9212018Revenue 2019: $567,386Expenses 2019: $585,498Net Income 2019: -$18,1122019Revenue 2020: $290,447Expenses 2020: $385,789Net Income 2020: -$95,3422020Revenue 2021: $666,374Expenses 2021: $502,370Net Income 2021: $164,0042021Revenue 2022: $745,525Expenses 2022: $712,624Net Income 2022: $32,9012022Revenue 2023: $867,373Expenses 2023: $772,917Net Income 2023: $94,4562023Revenue 2024: $824,964Expenses 2024: $806,750Net Income 2024: $18,2142024

Highlighted filing

2016

Revenue$440,398
Expenses$406,497
Net Income$33,901
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 7, 2017
Return Version
2016v3.0
Gross Receipts
$3,745,890
Mission and Program Overview

Mission

Devotion to the nation's principles

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$485,146$527,368▲ $42,222
Land, Buildings, and Equipment, Net$267,125$246,146▼ $20,979
Cash and Non-Interest-Bearing Accounts$149,343$192,137▲ $42,794
Savings and Temporary Cash Investments$133,643$143,297▲ $9,654
Inventories for Sale or Use$16,386$16,226▼ $160
Intangible Assets$1,695$1,624▼ $71
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$568,192$599,430▲ $31,238
Liabilities
Mortgage Notes Payable Secured by Investment Property$70,000$59,227▼ $10,773
Accounts Payable and Accrued Expenses$13,046$12,835▼ $211
Total Liabilities$83,046$72,062▼ $10,984
Net Assets / Fund Balance
Total Net Assets Fund Balance$485,146$527,368▲ $42,222
Total Liabilities and Net Assets / Fund Balance$568,192$599,430▲ $31,238

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$172,506$453,649$626,155
Equipment$53,542$351,178$404,720
Leasehold Improvements$15,013$2,627$17,640
Land$5,085-$5,085
Compensation and Service Providers

Board Members and Trustees

NameTitle
Dan Selken1st Vice Commander
Mike Jacobson2nd Vice Commander
Jeff GrimmAdjutant
George LiefertChaplin
Richie LathamCommander
Dave MurrayFinance Officer
Pete LarsonHistorian
Dale JohnsonPost Service Officer
Donald AnundsonSgt of Arms
Revenue and Support

Revenue Composition

Contributions and Grants
$6,334
Program Service Revenue
$8,735
Investment Income
$4,831
Other Revenue
$420,498
All Other Contributions
$6,334
Change in Net Assets
$33,901
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$196,203
Other Expenses$165,462
Grants and Similar Amounts Paid$44,832
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$167,114
Occupancy---$54,929
Depreciation Depletion---$37,802
Grants to Domestic Orgs---$34,280
Payroll Taxes---$29,089
Office Expenses---$11,253
Grants to Domestic Individuals---$10,552
Advertising---$7,615
Other Expenses---$7,468
Fees for Services Accounting---$5,717
All Other Expenses---$2,839
Interest---$2,806
Conferences and Meetings---$1,054
Travel---$885
Insurance---$700
Total Functional Expenses$0$0$0$406,497
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
District 882 Educational and Scholarship FoundationMonticello, MN501(c)(3)Scholarships, Student Financial Aid, Awards$23,800
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$3,185,898
Gaming Direct Expenses$3,069,754
Fundraising Gross Income$3,277
Fundraising Direct Expenses$2,620
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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

Form 990, Part VI, Section A, Line 6

The organization is organized as a not-for-profit corporation with members. The members have the right to participate in the organization's governance.

Form 990, Part VI, Section A, Line 7A

The organization is composed of equal general members. The members have the right to approve decisions of the governing body and to elect the governing body.

Form 990, Part VI, Section A, Line 7B

All decisions made in regards to money spent for donations are voted on by club members.

Form 990, Part VI, Section A, Line 8B

The organization does not have any committees that have authority to act on behalf of the governing body.

Form 990, Part VI, Section B, Line 11B

The board of directors reviews the form 990 before it is filed with the irs.

Form 990, Part VI, Section C, Line 19

Governing documents and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
AMERICAN LEGION POST #260
EIN
41-0749850
Phone
7632952574
Address
PO BOX 806, MONTICELLO, MN 55362-0806

Signing Officer

Name
Ted Farnham
Title
President
Phone
7632952574
Signed
2017-11-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ted Farnam
Formed
1919
Legal Domicile
Mn
Voting Board Members
9
Independent Board Members
9
Employees
35
Volunteers
40

Preparer

Firm
Cliftonlarsonallen Llp
Address
104 MARTY DRIVE SUITE 1, BUFFALO, MN 55313
Preparer
Rick C Borden CPA
Phone
7632256150
Raw XML AppendixShowing 400 of 438 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleD/BuildingsGrp/DepreciationAmt0453649
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0626155
IRS990ScheduleD/EquipmentGrp/BookValueAmt053542
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0351178
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0404720
IRS990ScheduleD/LandGrp/BookValueAmt05085
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt05085
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt015013
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt02627
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt017640
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0246146
IRS990ScheduleG/CharitableDistributionRqrInd01
IRS990ScheduleG/CntrctWith3rdPrtyForGameRevInd00
IRS990ScheduleG/DistributedAmt043557
IRS990ScheduleG/GamingInformationGrp/CashPrizesBingoAmt074735
IRS990ScheduleG/GamingInformationGrp/CashPrizesOtherGamingAmt070414
IRS990ScheduleG/GamingInformationGrp/CashPrizesPullTabsAmt02609844
IRS990ScheduleG/GamingInformationGrp/CashPrizesTotalGamingAmt02754993
IRS990ScheduleG/GamingInformationGrp/DirectExpenseSummaryGamingAmt03069754
IRS990ScheduleG/GamingInformationGrp/GrossRevenueBingoAmt0111809
IRS990ScheduleG/GamingInformationGrp/GrossRevenueOtherGamingAmt096350
IRS990ScheduleG/GamingInformationGrp/GrossRevenuePullTabsAmt02977739
IRS990ScheduleG/GamingInformationGrp/GrossRevenueTotalGamingAmt03185898
IRS990ScheduleG/GamingInformationGrp/NetGamingIncomeSummaryAmt0116144
IRS990ScheduleG/GamingInformationGrp/OthDirectExpnssTotalGamingAmt0309269
IRS990ScheduleG/GamingInformationGrp/OtherDirectExpensesBingoAmt033011
IRS990ScheduleG/GamingInformationGrp/OtherDirectExpensesPullTabsAmt0276258
IRS990ScheduleG/GamingInformationGrp/RentFacilityCostsBingoAmt0193
IRS990ScheduleG/GamingInformationGrp/RentFacilityCostsPullTabsAmt05299
IRS990ScheduleG/GamingInformationGrp/RentFcltyCostsTotalGamingAmt05492
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborBingoInd00
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborOtherGamingInd00
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborPullTabsInd00
IRS990ScheduleG/GamingManagerCompensationAmt014283
IRS990ScheduleG/GamingManagerIsEmployeeInd0X
IRS990ScheduleG/GamingManagerPersonNm0GERALD DOERR
IRS990ScheduleG/GamingManagerServicesProvTxt0MANAGEMENT OF ALL GAMING ACTIVITIES.
IRS990ScheduleG/GamingOwnFacilityPct01.00000
IRS990ScheduleG/GamingWithNonmembersInd01
IRS990ScheduleG/IndividualWithBooksNm0GERALD DOERR
IRS990ScheduleG/LicensedInd01
IRS990ScheduleG/LicenseSuspendedEtcInd00
IRS990ScheduleG/MemberOfOtherEntityInd00
IRS990ScheduleG/PersonsWithBooksUSAddress/AddressLine1Txt0304 ELM STREET
IRS990ScheduleG/PersonsWithBooksUSAddress/CityNm0MONTICELLO
IRS990ScheduleG/PersonsWithBooksUSAddress/StateAbbreviationCd0MN
IRS990ScheduleG/PersonsWithBooksUSAddress/ZIPCd055362
IRS990ScheduleG/StatesWhereGamingConductedCd0MN
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt08000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt12552
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1GIFTS AND ASSISTANCE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0N/A
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc1N/A
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt014
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt112
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0N/A
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc1N/A
IRS990ScheduleI/RecipientTable/CashGrantAmt023800
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SCHOLARSHIPS, STUDENT FINANCIAL AID, AWARDS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0DISTRICT 882 EDUCATIONAL AND SCHOLARSHIP FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientEIN0363390458
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0302 WASHINGTON ST
IRS990ScheduleI/RecipientTable/USAddress/CityNm0MONTICELLO
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MN
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd055362
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION MAKES GRANTS WHICH ARE CHARITABLE IN NATURE AND ARE ISSUED ON A CASE BY CASE BASIS FOR AN AGREED UPON PRE-SPECIFIED AMOUNT, NONE OF WHICH EXCEED $5,000. NO FORMAL MONITORING IS REQUIRED.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE 1, PART I, LINE 2
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS ORGANIZED AS A NOT-FOR-PROFIT CORPORATION WITH MEMBERS. THE MEMBERS HAVE THE RIGHT TO PARTICIPATE IN THE ORGANIZATION'S GOVERNANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION IS COMPOSED OF EQUAL GENERAL MEMBERS. THE MEMBERS HAVE THE RIGHT TO APPROVE DECISIONS OF THE GOVERNING BODY AND TO ELECT THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL DECISIONS MADE IN REGARDS TO MONEY SPENT FOR DONATIONS ARE VOTED ON BY CLUB MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES THAT HAVE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD OF DIRECTORS REVIEWS THE FORM 990 BEFORE IT IS FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0568192
IRS990/TotalAssetsEOYAmt0599430
IRS990/TotalAssetsGrp/BOYAmt0568192
IRS990/TotalAssetsGrp/EOYAmt0599430
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt06334
IRS990/TotalEmployeeCnt035
IRS990/TotalFunctionalExpensesGrp/TotalAmt0406497
IRS990/TotalGrossUBIAmt0379265
IRS990/TotalLiabilitiesBOYAmt083046
IRS990/TotalLiabilitiesEOYAmt072062
IRS990/TotalLiabilitiesGrp/BOYAmt083046
IRS990/TotalLiabilitiesGrp/EOYAmt072062
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0485146
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0527368
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt08735
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt09359
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt045440
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0440398
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0379265
IRS990/TotalVolunteersCnt040
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0568192
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0599430
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt0885
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 806
IRS990/USAddress/CityNm0MONTICELLO
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd0553620806
IRS990/VotingMembersGoverningBodyCnt09

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$8.78$0.12$8.66$8.25$8.07$0.18
2023Detailed filing. Detailed filing data is available for this year.$8.66$0.39$8.26$8.67$7.73$0.94
2022Detailed filing. Detailed filing data is available for this year.$7.45$0.21$7.24$7.46$7.13$0.33
2021Detailed filing. Detailed filing data is available for this year.$7.23$0.08$7.15$6.66$5.02$1.64
2020Detailed filing. Detailed filing data is available for this year.$5.64$0.27$5.37$2.90$3.86$0.95
2019Detailed filing. Detailed filing data is available for this year.$6.64$0.36$6.28$5.67$5.85$0.18
2018Detailed filing. Detailed filing data is available for this year.$6.77$0.49$6.27$5.89$5.45$0.44
2017Detailed filing. Detailed filing data is available for this year.$6.46$0.50$5.96$5.26$4.64$0.62
2016Detailed filing. Detailed filing data is available for this year.$5.99$0.72$5.27$4.40$4.06$0.34
2015Detailed filing. Detailed filing data is available for this year.$5.68$0.83$4.85$3.72$3.07$0.64
2014Detailed filing. Detailed filing data is available for this year.$4.54$0.20$4.34$3.16$2.91$0.25
2013Detailed filing. Detailed filing data is available for this year.$4.07$0.04$4.03$2.04$2.31$0.27
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.39$0.12$4.27$2.46
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.44$0.13$4.30$2.55