Operating record

Legacy Place Catawba Valley Inc

Charlotte, NC · EIN 20-0724481 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$243,419$328,894−$85,47584.20%
2021$248,085$314,156−$66,07185.60%
2022$256,509$343,459−$86,95075.30%
2023$252,804$313,932−$61,12880.00%

In its most recent public year (2023), this organization spent $61,128 more than it brought in. Its reserves stood at about 80 months of spending, down from 84.2 in 2020. Staff pay was 0% of spending.

Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings ↗