Civic Intelligence

American Legion Post 77

990 • Fiscal year 2021 • EIN 56-0545498

Jun 01, 2020 to May 31, 2021 • Filed on Apr 14, 2022

216 Fourth Avenue WestHendersonville, NC 28739

(828) 693-3922

Siviq Scores

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

Liabilities / Assets

85th percentile

0.14x

Higher debt load relative to assets than 85% of similar nonprofits.

2021 filings • 501(c)19 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

78th percentile

0.12x

Higher debt load relative to revenue than 78% of similar nonprofits.

2021 filings • 501(c)19 • $500k-$1M nonprofits • Source year 2021

Net Margin

72nd percentile

27%

Higher net margin than 72% of similar nonprofits.

2021 filings • 501(c)19 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

80th percentile

$0

Higher top officer pay than 80% of similar nonprofits.

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

2021 filings • 501(c)19 • $500k-$1M nonprofits • Source year 2021

Asset Growth

94th percentile

63%

Faster asset growth than 94% of similar nonprofits.

2021 filings • 501(c)19 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

53rd percentile

40%

Faster revenue growth than 53% of similar nonprofits.

2021 filings • 501(c)19 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Up

$374,078

Up $145,135 (+63%) from 2020

Net Assets

Up

$321,439

Up $118,019 (+58%) from 2020

Liabilities

Up

$52,639

Up $27,116 (+106%) from 2020

Revenue

Up

$434,442

Up $124,451 (+40%) from 2020

Expenses

Up

$316,423

Up $16,984 (+5.7%) from 2020

Net Income

Up

$118,019

Up $107,467 (+1018%) from 2020

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2011: $231,963Liabilities 2011: $65,074Net Assets 2011: $166,8892011Assets 2012: $234,770Liabilities 2012: $42,942Net Assets 2012: $191,8282012Assets 2013: $302,115Liabilities 2013: $105,713Net Assets 2013: $196,4022013Assets 2018: $211,291Liabilities 2018: $44,341Net Assets 2018: $166,9502018Assets 2019: $253,608Liabilities 2019: $36,796Net Assets 2019: $216,8122019Assets 2020: $228,943Liabilities 2020: $25,523Net Assets 2020: $203,4202020Assets 2021: $374,078Liabilities 2021: $52,639Net Assets 2021: $321,4392021Assets 2022: $286,722Liabilities 2022: $44,748Net Assets 2022: $241,9742022Assets 2023: $195,989Liabilities 2023: $62,398Net Assets 2023: $133,5912023

Highlighted filing

2021

Assets$374,078
Liabilities$52,639
Net Assets$321,439

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2011: $214,3772011Expenses 2012: $218,5642012Expenses 2013: $239,6692013Revenue 2018: $287,670Expenses 2018: $214,960Net Income 2018: $72,7102018Revenue 2019: $345,067Expenses 2019: $267,385Net Income 2019: $77,6822019Revenue 2020: $309,991Expenses 2020: $299,439Net Income 2020: $10,5522020Revenue 2021: $434,442Expenses 2021: $316,423Net Income 2021: $118,0192021Revenue 2022: $491,282Expenses 2022: $529,098Net Income 2022: -$37,8162022Revenue 2023: $448,155Expenses 2023: $494,024Net Income 2023: -$45,8692023

Highlighted filing

2021

Revenue$434,442
Expenses$316,423
Net Income$118,019
Jump To
Filing Snapshot
Filing Period
Jun 1, 2020 to May 31, 2021
Signed
Apr 14, 2022
Return Version
2020v4.0
Gross Receipts
$717,805
Mission and Program Overview

Mission

The hubert m. Smith american legion post 77, department of north carolina was chartered in june 1922. With now over seven hundred members engaged in the good work advancing the four pillars of the american legion; veterans affairs and rehabilitation, national security, americanism, along with programs for children and youth.

The hubert m. Smith american legion post 77, department of north carolina was chartered in june 1922. With now over seven hundred members engaged in the good work advancing the four pillars of the american legion; veterans affairs and rehabilitation, national security, americanism, along with children and youth programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$82,829$197,315▲ $114,486
Land, Buildings, and Equipment, Net$106,681$107,688▲ $1,007
Other Notes and Loans Receivable, Net$6,262$51,990▲ $45,728
Inventories for Sale or Use$17,085$17,085→ $0
Savings and Temporary Cash Investments$15,011--
Total Assets$228,943$374,078▲ $145,135
Other Assets Total$1,075--
Liabilities
Other Liabilities$23,184$39,322▲ $16,138
Accounts Payable and Accrued Expenses$2,339$13,317▲ $10,978
Total Liabilities$25,523$52,639▲ $27,116
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$203,420$321,439▲ $118,019
Total Net Assets Fund Balance$203,420$321,439▲ $118,019
Total Liabilities and Net Assets / Fund Balance$228,943$374,078▲ $145,135

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$60,525$506,228$566,753
Land$47,163-$47,163
Compensation and Service Providers

Board Members and Trustees

NameTitle
Ronald Blanken1st Vice COM
Ricky Phillips2nd Vice COM
Doug Lanning3rd Vice COM
Shuford EdmistenAdjutant
Joseph StancarChaplain
George MillerFinance Offi
Angela VaughanHistorian
Charles RennieI.t. Officer
Mark JensenPost Command
Bob ScruggsService Offi
Skip BoysSgt at Arms
Revenue and Support

Revenue Composition

Contributions and Grants
$55,332
Program Service Revenue
$0
Investment Income
$34
Other Revenue
$379,076
All Other Contributions
$15,372
Change in Net Assets
$118,019
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$159,681
Salaries, Compensation, and Employee Benefits$156,742
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$144,833--$144,833
Occupancy$24,487$2,721-$27,208
Fees for Services Other$21,163$1,840-$23,003
Depreciation Depletion$19,330$2,148-$21,478
Payroll Taxes$11,909--$11,909
All Other Expenses$7,333$539-$7,872
Insurance$6,834$594-$7,428
Fees for Services Accounting$4,830$2,070-$6,900
Office Expenses$4,212$468-$4,680
Other Expenses$4,675$11,447-$4,675
Advertising$349--$349
Travel$240--$240
Total Functional Expenses$291,654$24,769$0$316,423
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Assets Held for Others$39,322
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
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
Yes
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, Page 6, Part VI, Line 6

Members pay annual membership dues

Form 990, Page 6, Part VI, Line 7A

The officers of the organization are elected by the general membership.

Form 990, Page 6, Part VI, Line 7B

Expenditures over a certain limit require approval by members.

Form 990, Page 6, Part VI, Line 11B

The commander, finance officer, and other elected officers review and approve form 990 prior to its filing.

Form 990, Page 6, Part VI, Line 15A

The organization does not have a compensated director, all staff employees have compensation approved by the elected officers of the organization.

Form 990, Page 6, Part VI, Line 19

The governing documents and form 990 are made available to members and the general public at the headquarters for the organization during business hours.

Filing and Contact Details

Filer

Filer Name
American Legion Post 77
EIN
56-0545498
Phone
8286933922
Address
216 FOURTH AVENUE WEST, HENDERSONVILLE, NC 28739

Signing Officer

Name
Mark Jensen
Title
Post Commander
Phone
8286933922
Signed
2022-04-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark Jensen
Formed
1919
Legal Domicile
Nc
Voting Board Members
11
Independent Board Members
11
Employees
10
Volunteers
12

Preparer

Firm
Carland & Andersen Inc
Address
PO BOX 179, HENDERSONVILLE, NC 28793
Preparer
Terry B Andersen CPA
Phone
8286922583
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The hubert m. Smith american legion post 77, department of north carolina was chartered in june 1922. With now over seven hundred members engaged in the good work advancing the four pillars of the american legion; veterans affairs and rehabilitation, national security, americanism, along with children and youth programs.

Form 990, Page 2, Part III, Line 4B

Sponsor henderson county, north carolina honor guards. Participated in sixty-seven burials and twenty-six community service hours. Public speaking engagements by the post commander and post adjutant totaling thirty-two hours. Veteran service officer two hundred and twenty-three hours working with veterans filing service connected claims. High school jr. Rotc programs two hundred and ninety hours. Provided volunteer man hours totaling four hundred and eight hours to local veteran organizations (vets farm and veteran's healing farm).

Form 990, Page 2, Part III, Line 4D

Service to veterans and families.

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IRS990/OtherRevenueTotalAmt0234478
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IRS990/PrincipalOfficerNm0MARK JENSEN
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IRS990/ProgSrvcAccomActy2Grp/Desc0SPONSOR HENDERSON COUNTY, NORTH CAROLINA HONOR GUARDS. PARTICIPATED IN SIXTY-SEVEN BURIALS AND TWENTY-SIX COMMUNITY SERVICE HOURS. PUBLIC SPEAKING ENGAGEMENTS BY THE POST COMMANDER AND POST ADJUTANT TOTALING THIRTY-TWO HOURS. VETERAN SERVICE OFFICER TWO HUNDRED AND TWENTY-THREE HOURS WORKING WITH VETERANS FILING SERVICE CONNECTED CLAIMS. HIGH SCHOOL JR. ROTC PROGRAMS TWO HUNDRED AND NINETY HOURS. PROVIDED VOLUNTEER MAN HOURS TOTALING FOUR HUNDRED AND EIGHT HOURS TO LOCAL VETERAN ORGANIZATIONS (VETS FARM AND VETERAN'S HEALING FARM).
IRS990/ProgSrvcAccomActy3Grp/Desc0VETERANS ADMINISTRATION HOSPITAL VOLUNTEERS SEVEN HUNDRED AND FIFTY HOURS.
IRS990/ProgSrvcAccomActyOtherGrp/Desc0SERVICE TO VETERANS AND FAMILIES.
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ASSETS HELD FOR OTHERS
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE HUBERT M. SMITH AMERICAN LEGION POST 77, DEPARTMENT OF NORTH CAROLINA WAS CHARTERED IN JUNE 1922. WITH NOW OVER SEVEN HUNDRED MEMBERS ENGAGED IN THE GOOD WORK ADVANCING THE FOUR PILLARS OF THE AMERICAN LEGION; VETERANS AFFAIRS AND REHABILITATION, NATIONAL SECURITY, AMERICANISM, ALONG WITH CHILDREN AND YOUTH PROGRAMS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SPONSOR HENDERSON COUNTY, NORTH CAROLINA HONOR GUARDS. PARTICIPATED IN SIXTY-SEVEN BURIALS AND TWENTY-SIX COMMUNITY SERVICE HOURS. PUBLIC SPEAKING ENGAGEMENTS BY THE POST COMMANDER AND POST ADJUTANT TOTALING THIRTY-TWO HOURS. VETERAN SERVICE OFFICER TWO HUNDRED AND TWENTY-THREE HOURS WORKING WITH VETERANS FILING SERVICE CONNECTED CLAIMS. HIGH SCHOOL JR. ROTC PROGRAMS TWO HUNDRED AND NINETY HOURS. PROVIDED VOLUNTEER MAN HOURS TOTALING FOUR HUNDRED AND EIGHT HOURS TO LOCAL VETERAN ORGANIZATIONS (VETS FARM AND VETERAN'S HEALING FARM).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SERVICE TO VETERANS AND FAMILIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MEMBERS PAY ANNUAL MEMBERSHIP DUES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE OFFICERS OF THE ORGANIZATION ARE ELECTED BY THE GENERAL MEMBERSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5EXPENDITURES OVER A CERTAIN LIMIT REQUIRE APPROVAL BY MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE COMMANDER, FINANCE OFFICER, AND OTHER ELECTED OFFICERS REVIEW AND APPROVE FORM 990 PRIOR TO ITS FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE ORGANIZATION DOES NOT HAVE A COMPENSATED DIRECTOR, ALL STAFF EMPLOYEES HAVE COMPENSATION APPROVED BY THE ELECTED OFFICERS OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8THE GOVERNING DOCUMENTS AND FORM 990 ARE MADE AVAILABLE TO MEMBERS AND THE GENERAL PUBLIC AT THE HEADQUARTERS FOR THE ORGANIZATION DURING BUSINESS HOURS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0434442
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IRS990/USAddress/CityNm0HENDERSONVILLE
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MARK JENSEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0POST COMMANDER
ReturnHeader/BusinessOfficerGrp/PhoneNum08286933922
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-04-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0AMERICAN LEGION POST 77
ReturnHeader/Filer/BusinessNameControlTxt0AMER
ReturnHeader/Filer/EIN0560545498
ReturnHeader/Filer/PhoneNum08286933922
ReturnHeader/Filer/USAddress/AddressLine1Txt0216 FOURTH AVENUE WEST
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ReturnHeader/Filer/USAddress/ZIPCd028739
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0043729830
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CARLAND & ANDERSEN INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 179
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HENDERSONVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028793
ReturnHeader/PreparerPersonGrp/PhoneNum08286922583
ReturnHeader/PreparerPersonGrp/PreparationDt02022-04-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TERRY B ANDERSEN CPA
ReturnHeader/ReturnTs02022-04-15T11:23:59-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MARK
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0JENSEN
ReturnHeader/TaxPeriodBeginDt02020-06-01
ReturnHeader/TaxPeriodEndDt02021-05-31
ReturnHeader/TaxYr02020

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