Civic Intelligence

American Legion Post 62 Simpson

990 • Fiscal year 2020 • EIN 61-0430010

Jan 01, 2020 to Dec 31, 2020 • Filed on Sep 03, 2021

P O Box 69Franklin, KY 42135

(270) 586-9145

Siviq Scores

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

Liabilities / Assets

97th percentile

0.69x

Higher debt load relative to assets than 97% of similar nonprofits.

2020 filings • 501(c)19 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

95th percentile

2.83x

Higher debt load relative to revenue than 95% of similar nonprofits.

2020 filings • 501(c)19 • $1M-$5M nonprofits • Source year 2020

Net Margin

92nd percentile

57%

Higher net margin than 92% of similar nonprofits.

2020 filings • 501(c)19 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

72nd percentile

$3,462

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 1.4% of source-year revenue.

2020 filings • 501(c)19 • $1M-$5M nonprofits • Source year 2020

Asset Growth

98th percentile

108%

Faster asset growth than 98% of similar nonprofits.

2020 filings • 501(c)19 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

97th percentile

168%

Faster revenue growth than 97% of similar nonprofits.

2020 filings • 501(c)19 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$1,020,946

Up $529,893 (+108%) from 2019

Net Assets

Up

$319,498

Up $140,463 (+78%) from 2019

Liabilities

Up

$701,448

Up $389,430 (+125%) from 2019

Revenue

Up

$247,528

Up $155,001 (+168%) from 2019

Expenses

Down

$107,065

Down $94,896 (-47%) from 2019

Net Income

Up

$140,463

Up $249,897 (+228%) from 2019

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2010: $151,374Liabilities 2010: $0Net Assets 2010: $151,3742010Assets 2011: $174,796Liabilities 2011: $0Net Assets 2011: $174,7962011Assets 2012: $183,040Liabilities 2012: $0Net Assets 2012: $183,0402012Assets 2013: $161,162Liabilities 2013: $0Net Assets 2013: $161,1622013Assets 2014: $179,409Liabilities 2014: $0Net Assets 2014: $179,4092014Assets 2015: $197,974Liabilities 2015: $0Net Assets 2015: $197,9742015Assets 2016: $226,790Liabilities 2016: $0Net Assets 2016: $226,7902016Assets 2017: $207,142Liabilities 2017: $0Net Assets 2017: $207,1422017Assets 2018: $300,487Liabilities 2018: $47,496Net Assets 2018: $252,9912018Assets 2019: $491,053Liabilities 2019: $312,018Net Assets 2019: $179,0352019Assets 2020: $1,020,946Liabilities 2020: $701,448Net Assets 2020: $319,4982020Assets 2021: $2,323,772Liabilities 2021: $1,603,199Net Assets 2021: $720,5732021Assets 2022: $2,758,200Liabilities 2022: $1,749,557Net Assets 2022: $1,008,6432022Assets 2023: $2,799,805Liabilities 2023: $1,589,198Net Assets 2023: $1,210,6072023Assets 2024: $2,924,826Liabilities 2024: $1,418,076Net Assets 2024: $1,506,7502024

Highlighted filing

2020

Assets$1,020,946
Liabilities$701,448
Net Assets$319,498

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2010: $116,4452010Expenses 2011: $118,5972011Expenses 2012: $109,4122012Revenue 2013: $176,604Expenses 2013: $198,482Net Income 2013: -$21,8782013Revenue 2014: $230,018Expenses 2014: $211,771Net Income 2014: $18,2472014Revenue 2015: $270,210Expenses 2015: $251,645Net Income 2015: $18,5652015Revenue 2016: $306,465Expenses 2016: $277,649Net Income 2016: $28,8162016Revenue 2017: $132,729Expenses 2017: $152,377Net Income 2017: -$19,6482017Revenue 2018: $139,527Expenses 2018: $93,678Net Income 2018: $45,8492018Revenue 2019: $92,527Expenses 2019: $201,961Net Income 2019: -$109,4342019Revenue 2020: $247,528Expenses 2020: $107,065Net Income 2020: $140,4632020Revenue 2021: $546,331Expenses 2021: $156,011Net Income 2021: $390,3202021Revenue 2022: $515,206Expenses 2022: $227,136Net Income 2022: $288,0702022Revenue 2023: $319,663Expenses 2023: $105,468Net Income 2023: $214,1952023Revenue 2024: $388,654Expenses 2024: $93,794Net Income 2024: $294,8602024

Highlighted filing

2020

Revenue$247,528
Expenses$107,065
Net Income$140,463
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Sep 3, 2021
Return Version
2020v4.1
Gross Receipts
$1,671,066
Mission and Program Overview

Mission

To provide a support association for americas military verterans and to offer benevolent programs in the community

To provice a support association for americas military veterans and to offer benevolent programs in the community of franklin and simpson county kentucky

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$312,289$862,636▲ $550,347
Rtn Earn Endowment Incm Other Fnds$179,035$319,498▲ $140,463
Cash and Non-Interest-Bearing Accounts$120,764$158,310▲ $37,546
Loans From Officers Directors-$61,415-
Savings and Temporary Cash Investments$58,000--
Total Assets$491,053$1,020,946▲ $529,893
Liabilities
Mortgage Notes Payable Secured by Investment Property$264,522$592,537▲ $328,015
Unsecured Notes Loans Payable$47,496$47,496→ $0
Total Liabilities$312,018$701,448▲ $389,430
Net Assets / Fund Balance
Total Net Assets Fund Balance$179,035$319,498▲ $140,463
Total Liabilities and Net Assets / Fund Balance$491,053$1,020,946▲ $529,893

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$550,347$150,159$700,506
Land$306,500-$306,500
Equipment$5,789$275,711$281,500
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Lonzie FergusonCommanderFT$3,462$3,462
Gene StarksAdjutant-$313$313

Board Members and Trustees

NameTitle
John Minnicks1st Vice Cmdr
Todd Crafton2nd Vice Cmdr
Joe Phillips3rd Vice Cmdr
Johnny MontgomeryChaplin
Major BradfordHistorian
John MastersService Officer
Tom BurrisSgt at Arms
Sheila BattenfeldTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$12,000
Program Service Revenue
$147,512
Investment Income
$0
Other Revenue
$88,016
Change in Net Assets
$140,463
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$57,274
Salaries, Compensation, and Employee Benefits$25,756
Grants and Similar Amounts Paid$9,875
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy-$28,347-$28,347
Other Salaries and Wages-$25,756-$25,756
Office Expenses-$14,340-$14,340
Benefits to Members$14,160--$14,160
Grants to Domestic Individuals$9,525--$9,525
All Other Expenses-$5,571-$5,571
Fees for Services Accounting-$3,288-$3,288
Other Expenses-$1,619-$1,619
Grants to Domestic Orgs$350--$350
Total Functional Expenses$24,035$83,030$0$107,065
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$1,511,554
Gaming Direct Expenses$1,423,538
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees-$61,415-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 7A

All officers are elected by the members

Form 990, Part VI, Line 7B

Books and financial info are open records upon request to the members of the association.

Form 990, Part VI, Line 8A

Books and financial records are open records upon request to the members of the association

Form 990, Part VI, Line 15A

Compensation for the commanders are set by the officers and members based on comparable wages for the position within the community.

Form 990, Part VI, Line 15B

Key employee wages are voted on by the officers then the members.

Form 990, Part VI, Line 19

All of the governing documents are open to public inspection upon request.

Filing and Contact Details

Filer

Filer Name
American Legion Post 62 Simpson
EIN
61-0430010
Phone
2705869145
Address
P O BOX 69, Franklin, KY 42135

Signing Officer

Name
Lonzie Ferguson
Title
Commander
Signed
2021-09-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lonzie Ferguson
Formed
1960
Legal Domicile
Ky
Voting Board Members
220
Independent Board Members
220
Employees
1
Volunteers
50

Preparer

Firm
Evergreen Tax Service
Address
927 BROOKHAVEN ROAD, FRANKLIN, KY 42134
Preparer
Hal W Toomey
Phone
2705869899
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Debt service payments on secured property loan

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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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IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0140463
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RelatedOrganizationsAmt012000
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0179035
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0319498
IRS990/SavingsAndTempCashInvstGrp/BOYAmt058000
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0550347
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0150159
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0700506
IRS990ScheduleD/EquipmentGrp/BookValueAmt05789
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0275711
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0281500
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/LandGrp/BookValueAmt0306500
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0306500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0862636
IRS990ScheduleG/GamingInformationGrp/CashPrizesBingoAmt0320000
IRS990ScheduleG/GamingInformationGrp/CashPrizesPullTabsAmt0993300
IRS990ScheduleG/GamingInformationGrp/CashPrizesTotalGamingAmt01313300
IRS990ScheduleG/GamingInformationGrp/DirectExpenseSummaryGamingAmt01423538
IRS990ScheduleG/GamingInformationGrp/GrossRevenueBingoAmt0178216
IRS990ScheduleG/GamingInformationGrp/GrossRevenuePullTabsAmt01333338
IRS990ScheduleG/GamingInformationGrp/GrossRevenueTotalGamingAmt01511554
IRS990ScheduleG/GamingInformationGrp/NetGamingIncomeSummaryAmt088016
IRS990ScheduleG/GamingInformationGrp/OthDirectExpnssTotalGamingAmt083038
IRS990ScheduleG/GamingInformationGrp/OtherDirectExpensesBingoAmt09673
IRS990ScheduleG/GamingInformationGrp/OtherDirectExpensesPullTabsAmt073365
IRS990ScheduleG/GamingInformationGrp/RentFacilityCostsBingoAmt03207
IRS990ScheduleG/GamingInformationGrp/RentFacilityCostsPullTabsAmt023993
IRS990ScheduleG/GamingInformationGrp/RentFcltyCostsTotalGamingAmt027200
IRS990ScheduleG/LicensedInd0true
IRS990ScheduleG/LicenseSuspendedEtcInd0false
IRS990ScheduleG/StatesWhereGamingConductedCd0KY
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt061415
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0BUILDING LOAN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt065000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0LONZIE FERGUSON
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0COMMANDER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/TotalBalanceDueAmt061415
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ALL OFFICERS ARE ELECTED BY THE MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOOKS AND FINANCIAL INFO ARE OPEN RECORDS UPON REQUEST TO THE MEMBERS OF THE ASSOCIATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOOKS AND FINANCIAL RECORDS ARE OPEN RECORDS UPON REQUEST TO THE MEMBERS OF THE ASSOCIATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION FOR THE COMMANDERS ARE SET BY THE OFFICERS AND MEMBERS BASED ON COMPARABLE WAGES FOR THE POSITION WITHIN THE COMMUNITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4KEY EMPLOYEE WAGES ARE VOTED ON BY THE OFFICERS THEN THE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ALL OF THE GOVERNING DOCUMENTS ARE OPEN TO PUBLIC INSPECTION UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6DEBT SERVICE PAYMENTS ON SECURED PROPERTY LOAN
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 8A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part XI, Line 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0491053
IRS990/TotalAssetsEOYAmt01020946
IRS990/TotalAssetsGrp/BOYAmt0491053
IRS990/TotalAssetsGrp/EOYAmt01020946
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt012000
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt083030
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt024035
IRS990/TotalFunctionalExpensesGrp/TotalAmt0107065
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0312018
IRS990/TotalLiabilitiesEOYAmt0701448
IRS990/TotalLiabilitiesGrp/BOYAmt0312018
IRS990/TotalLiabilitiesGrp/EOYAmt0701448
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0179035
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0319498
IRS990/TotalProgramServiceExpensesAmt024035
IRS990/TotalProgramServiceRevenueAmt0147512
IRS990/TotalReportableCompFromOrgAmt03775
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0235528
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0247528
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0491053
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01020946
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt047496
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt047496
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0P O BOX 69
IRS990/USAddress/CityNm0FRANKLIN
IRS990/USAddress/StateAbbreviationCd0KY
IRS990/USAddress/ZIPCd042135
IRS990/VotingMembersGoverningBodyCnt0220
IRS990/VotingMembersIndependentCnt0220
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LONZIE FERGUSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0COMMANDER
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-09-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0AMERICAN LEGION POST 62 SIMPSON
ReturnHeader/Filer/BusinessNameControlTxt0AMER
ReturnHeader/Filer/EIN0610430010
ReturnHeader/Filer/PhoneNum02705869145
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O BOX 69
ReturnHeader/Filer/USAddress/CityNm0Franklin
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd042135
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0EVERGREEN TAX SERVICE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0927 BROOKHAVEN ROAD

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.92$1.42$1.51$0.39$0.09$0.29
2023Summary only. Only limited summary data is available for this year.$2.80$1.59$1.21$0.32$0.11$0.21
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.76$1.75$1.01$0.52$0.23$0.29
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.32$1.60$0.72$0.55$0.16$0.39
2020Detailed filing. Detailed filing data is available for this year.$1.02$0.70$0.32$0.25$0.11$0.14
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.49$0.31$0.18$0.09$0.20$0.11
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.30$0.05$0.25$0.14$0.09$0.05
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.21$0.00$0.21$0.13$0.15$0.02
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.23$0.00$0.23$0.31$0.28$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.20$0.00$0.20$0.27$0.25$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.18$0.00$0.18$0.23$0.21$0.02
2013Detailed filing. Detailed filing data is available for this year.$0.16$0.00$0.16$0.18$0.20$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.18$0.00$0.18$0.11
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.17$0.00$0.17$0.12
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.15$0.00$0.15$0.12