The Legacy Foundation Of Hartford Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 94,807 | 91,698 | 3,109 | 1.1 | — |
| 2015 | 267,342 | 265,761 | 1,581 | 0.3 | 17% |
| 2016 | 496,571 | 425,939 | 70,632 | 2.2 | 56% |
| 2017 | 459,573 | 460,945 | −1,372 | 2.0 | 43% |
| 2018 | 323,618 | 330,044 | −6,426 | 2.5 | 41% |
| 2019 | 302,276 | 297,597 | 4,679 | 3.0 | 30% |
| 2020 | 493,426 | 483,758 | 9,668 | 2.1 | 21% |
| 2021 | 523,871 | 474,312 | 49,559 | 3.4 | 23% |
| 2022 | 473,396 | 490,608 | −17,212 | 2.8 | 25% |
| 2023 | 1,095,101 | 1,050,986 | 44,115 | 1.8 | 19% |
In its most recent public year (2023), this organization brought in $44,115 more than it spent. Its reserves stood at about 1.8 months of spending. Staff pay was 19% of spending. $8,690 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
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