American Legion Post 0019 Thomas W Cole Post is a 501(c)(19) organization based in Sanford, Maine, registered in 1946, with $278,933 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$279K
▲ 26.9% vs prior year
Expenses (FY2024)
$241K
Net assets
$226K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for American Legion Post 0019 Thomas W Cole Post— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For American Legion Post 0019 Thomas W Cole Post: 11 mo reserves · +14% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for American Legion Post 0019 Thomas W Cole Post— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For American Legion Post 0019 Thomas W Cole Post: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $331K (FY2016) to $279K (FY2024) across 9 reported years.
Financial snapshot
Operating margin
13.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$232K
Total liabilities
$5,385
Net assets
$226K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $278,933▲26.9% | $240,897▲6.7% | $226,320▲26.4% | $231,705▲26.0% | 990 |
| 2023 | $219,855▼8.9% | $225,826▼6.3% | $178,989▼6.3% | $183,898▼5.9% | 990 |
| 2022 | $241,362▼7.3% | $241,067▲12.0% | $190,953▲5.7% | $195,501▲6.0% | 990 |
| 2021 | $260,386▲43.4% | $215,278▲16.7% | $180,677▲40.6% | $184,512▲18.8% | 990 |
| 2020 | $181,553▲7.9% | $184,394▼14.0% | $128,532▼2.2% | $155,286▲18.3% | 990 |
| 2019 | $168,330▼24.6% | $214,368▼18.6% | $131,373▼23.6% | $131,229▼25.3% | 990 |
| 2018 | $223,216▲26.0% | $263,238▼7.3% | $171,851▼18.9% | $175,678▼20.5% | 990 |
| 2017 | $177,143▼46.4% | $283,893▲18.2% | $211,874▼33.5% | $220,993▼31.6% | 990 |
| 2016 | $330,524 | $240,122 | $318,625 | $323,213 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for American Legion Post 0019 Thomas W Cole Post (EIN 01-0018923) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.