THE AMERICAN LEGION DEPARTMENT OF MINNESOTA

THE AMERICAN LEGION DEPARTMENT OF MINNESOTA

ST. PAUL, MN, US
501(c)(19)
EIN
41-0121903
Subordinate Organization

THE AMERICAN LEGION DEPARTMENT OF MINNESOTA

ST. PAUL, MN, US
501(c)(19)
EIN
41-0121903
Subordinate Organization

Balance Sheet

Fiscal Year Start:
Oct 1
Assets in 2024 (Year End)

$4,384,864

Investments
74%
Cash & Equivalents
23%
Receivables (Non-Related)
1%
Prepaid Expenses
<1%
Property, Plant, & Equipment (net)
<1%
Other Assets
<1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)

$696,985

Deferred Revenue
87%
Payables & Accruals
11%
Custodial & Escrow Liabilities
2%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$768,999
$1,004,963
+31%
Receivables (Non-Related)
$699
$65,331
+9246%
Related-Party Receivables
-
-
-
Inventories
$10,047
$2,160
-79%
Prepaid Expenses
$36,874
$42,095
+14%
Investments
$2,813,558
$3,245,950
+15%
Property, Plant, & Equipment (net)
$24,038
$18,059
-25%
Other Assets
$6,430
$6,306
-2%
Total Assets
$3,660,645
$4,384,864
+20%
Liabilities
2023
2024
Change
Payables & Accruals
$55,332
$76,217
+38%
Grants Payable
-
-
-
Deferred Revenue
$316,637
$609,594
+93%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
$14,563
$11,174
-23%
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$386,532
$696,985
+80%
Net assets
2023
2024
Change
Restricted Net Assets
$705,982
$65,154
-91%
Unrestricted Net Assets
$2,568,131
$3,622,725
+41%
Net assets
2023
2024
Change
Net assets
+$3,274,113
+$3,687,879
+13%
Balance Sheet
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