Legacy Family Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 145,323 | 130,871 | 14,452 | 4.6 | 61% |
| 2022 | 224,624 | 217,039 | 7,585 | 3.3 | 53% |
| 2023 | 225,669 | 206,143 | 19,526 | 4.6 | 59% |
In its most recent public year (2023), this organization brought in $19,526 more than it spent. Its reserves stood at about 4.6 months of spending. Staff pay was 59% 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
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