The Legacy Center Community Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 263,328 | 275,636 | −12,308 | 1.5 | 19% |
| 2012 | 2,668,268 | 2,271,409 | 396,859 | 2.3 | 7% |
| 2013 | 4,625,022 | 7,545,611 | −2,920,589 | 0.3 | 2% |
| 2014 | 1,126,860 | 1,859,812 | −732,952 | 1.3 | 11% |
| 2015 | 886,617 | 827,683 | 58,934 | 3.7 | 22% |
| 2016 | 696,059 | 739,102 | −43,043 | 3.5 | 21% |
| 2017 | 649,371 | 765,625 | −116,254 | 1.5 | 26% |
| 2018 | 780,353 | 798,863 | −18,510 | 1.2 | 16% |
| 2019 | 558,386 | 561,894 | −3,508 | 1.6 | 11% |
| 2020 | 249,116 | 219,091 | 30,025 | 5.9 | 22% |
| 2021 | 3,374,071 | 3,399,063 | −24,992 | 0.3 | 1% |
| 2022 | 1,530,506 | 1,607,323 | −76,817 | 0.0 | 2% |
| 2023 | 1,329,484 | 1,349,302 | −19,818 | -0.1 | 3% |
In its most recent public year (2023), this organization spent $19,818 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.1 months), down from 1.5 in 2011. Staff pay was 3% of spending. $10,041 of its net assets are donor-restricted.
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
The Legacy Center Community Development Corporation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works