Civic Intelligence

Corbie Ellington Post 126 of the American Legion Dept of Kentucky

990 • Fiscal year 2021 • EIN 61-0909390

Jan 01, 2021 to Dec 31, 2021 • Filed on Jul 12, 2022

PO Box 449Morehead, KY 40351

(606) 784-4451

Siviq Scores

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

Liabilities / Assets

93rd percentile

0.41x

Higher debt load relative to assets than 93% of similar nonprofits.

2021 filings • 501(c)19 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

96th percentile

1.25x

Higher debt load relative to revenue than 96% of similar nonprofits.

2021 filings • 501(c)19 • <$500k nonprofits • Source year 2021

Net Margin

68th percentile

21%

Higher net margin than 68% of similar nonprofits.

2021 filings • 501(c)19 • <$500k nonprofits • Source year 2021

Top Officer Pay

90th percentile

$0

Higher top officer pay than 90% of similar nonprofits.

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

2021 filings • 501(c)19 • <$500k nonprofits • Source year 2021

Asset Growth

58th percentile

7.1%

Faster asset growth than 58% of similar nonprofits.

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

Revenue Growth

91st percentile

140%

Faster revenue growth than 91% of similar nonprofits.

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

Assets

Up

$414,206

Up $27,363 (+7.1%) from 2020

Net Assets

Up

$244,168

Up $30,151 (+14%) from 2020

Liabilities

Down

$170,038

Down $2,788 (-1.6%) from 2020

Revenue

Up

$136,243

Up $79,507 (+140%) from 2020

Expenses

Up

$107,534

Up $48,855 (+83%) from 2020

Net Income

Up

$28,709

Up $30,652 (+1578%) from 2020

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $203,570Liabilities 2010: $92,498Net Assets 2010: $111,0722010Assets 2011: $186,345Liabilities 2011: $78,986Net Assets 2011: $107,3592011Assets 2012: $491,618Liabilities 2012: $386,566Net Assets 2012: $105,0522012Assets 2013: $470,341Liabilities 2013: $340,169Net Assets 2013: $130,1722013Assets 2014: $443,359Liabilities 2014: $323,739Net Assets 2014: $119,6202014Assets 2015: $445,043Liabilities 2015: $309,582Net Assets 2015: $135,4612015Assets 2016: $423,835Liabilities 2016: $285,331Net Assets 2016: $138,5042016Assets 2017: $425,405Liabilities 2017: $270,347Net Assets 2017: $155,0582017Assets 2018: $415,662Liabilities 2018: $193,877Net Assets 2018: $221,7852018Assets 2019: $394,672Liabilities 2019: $179,749Net Assets 2019: $214,9232019Assets 2020: $386,843Liabilities 2020: $172,826Net Assets 2020: $214,0172020Assets 2021: $414,206Liabilities 2021: $170,038Net Assets 2021: $244,1682021Assets 2022: $400,588Liabilities 2022: $163,125Net Assets 2022: $237,4632022Assets 2023: $393,115Liabilities 2023: $153,586Net Assets 2023: $239,5292023

Highlighted filing

2021

Assets$414,206
Liabilities$170,038
Net Assets$244,168

Operations Trend

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

$200K$150K$100K$50K$0-$50KRevenue 2010: $92,680Expenses 2010: $83,966Net Income 2010: $8,7142010Expenses 2011: $95,8372011Expenses 2012: $78,8232012Revenue 2013: $114,485Expenses 2013: $95,363Net Income 2013: $19,1222013Revenue 2014: $77,996Expenses 2014: $88,548Net Income 2014: -$10,5522014Revenue 2015: $108,798Expenses 2015: $92,957Net Income 2015: $15,8412015Revenue 2016: $100,112Expenses 2016: $97,069Net Income 2016: $3,0432016Revenue 2017: $119,332Expenses 2017: $102,778Net Income 2017: $16,5542017Revenue 2018: $168,875Expenses 2018: $102,148Net Income 2018: $66,7272018Revenue 2019: $101,076Expenses 2019: $107,938Net Income 2019: -$6,8622019Revenue 2020: $56,736Expenses 2020: $58,679Net Income 2020: -$1,9432020Revenue 2021: $136,243Expenses 2021: $107,534Net Income 2021: $28,7092021Revenue 2022: $69,840Expenses 2022: $60,011Net Income 2022: $9,8292022Revenue 2023: $88,338Expenses 2023: $86,272Net Income 2023: $2,0662023

Highlighted filing

2021

Revenue$136,243
Expenses$107,534
Net Income$28,709
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jul 12, 2022
Return Version
2021v4.0
Gross Receipts
$417,448
Mission and Program Overview

Mission

Being able to give back to veterans for the support they have given our country, give veterans money for help and conduct military rights at veterans funerals

Being able to give back to veterans for the support they have given our country , give veterans money for help and conduct military rights at veterans funerals

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$360,098$357,937▼ $2,161
Rtn Earn Endowment Incm Other Fnds$214,017$244,168▲ $30,151
Cash and Non-Interest-Bearing Accounts$20,703$43,668▲ $22,965
Savings and Temporary Cash Investments$4,174$10,905▲ $6,731
Inventories for Sale or Use$1,868$1,696▼ $172
Total Assets$386,843$414,206▲ $27,363
Liabilities
Other Liabilities$172,826$168,766▼ $4,060
Accounts Payable and Accrued Expenses-$1,272-
Total Liabilities$172,826$170,038▼ $2,788
Net Assets / Fund Balance
Total Net Assets Fund Balance$214,017$244,168▲ $30,151
Total Liabilities and Net Assets / Fund Balance$386,843$414,206▲ $27,363

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$167,635$106,297$273,932
Land$190,302-$190,302
Compensation and Service Providers

Board Members and Trustees

NameTitle
Larry PorterPresident
Bill BolenCFO
Mike MackinSecretary
James EpperhartVice Preside
James IngramVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$31,733
Program Service Revenue
$0
Investment Income
$7
Other Revenue
$104,503
Change in Net Assets
$28,709
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$107,534
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy---$70,531
Fees for Services Other---$14,482
Depreciation Depletion---$7,686
Insurance---$4,761
Interest---$3,751
Fees for Services Accounting---$3,080
Office Expenses---$2,800
Advertising---$443
Total Functional Expenses$0$0$0$107,534
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$274,805
Gaming Direct Expenses$220,063
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
Mortgage Loan$168,766
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
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
No
Management duties delegated
No

Governance Explanations

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

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
American Legion
EIN
61-0909390
Phone
6067844451
Address
PO BOX 449, MOREHEAD, KY 40351

Signing Officer

Name
Bill Bolen
Title
CFO
Phone
6067844451
Signed
2022-07-12

Organization Details

Principal Officer
Bill Bolen
Formed
1975
Legal Domicile
Ky
Voting Board Members
20
Independent Board Members
15
Employees
0

Preparer

Firm
Donna Hendrix CPA Psc
Address
550 W 1ST ST PO BOX 449, MOREHEAD, KY 40351
Preparer
Sherman Sparks
Phone
6067844451
Supplemental Narrative

Additional Explanations

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

Helped veterans in need, conduct last rights at funeral of veterans,

Form 990, Part IX, Line 11G

Credit card fee 1,322 0 0 bank fee 75 0 0 dues 6,872 0 0 license 300 0 0 cleaning supplies 298 0 0 gaming fee 2,324 0 0 payoffs for raffle 3,291 0 0 total 14,482 0 0

Form 990, Part XI, Line 9

Book / tax depreciation difference 1,442

Raw XML Appendix289 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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ReturnHeader/ReturnTs02022-07-18T09:57:03-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0BILL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BOLEN
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$3.93$1.54$2.40$0.88$0.86$0.02
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.01$1.63$2.37$0.70$0.60$0.10
2021Detailed filing. Detailed filing data is available for this year.$4.14$1.70$2.44$1.36$1.08$0.29
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.87$1.73$2.14$0.57$0.59$0.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.95$1.80$2.15$1.01$1.08$0.07
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.16$1.94$2.22$1.69$1.02$0.67
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.25$2.70$1.55$1.19$1.03$0.17
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.24$2.85$1.39$1.00$0.97$0.03
2015Detailed filing. Detailed filing data is available for this year.$4.45$3.10$1.35$1.09$0.93$0.16
2014Detailed filing. Detailed filing data is available for this year.$4.43$3.24$1.20$0.78$0.89$0.11
2013Detailed filing. Detailed filing data is available for this year.$4.70$3.40$1.30$1.14$0.95$0.19
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.92$3.87$1.05$0.79
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.86$0.79$1.07$0.96
2010Summary only. Only limited summary data is available for this year.$2.04$0.92$1.11$0.93$0.84$0.09