Foundation Of The Legacy Guild
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 283,475 | 267,337 | 16,138 | 29.7 | 0% |
| 2021 | 366,419 | 214,304 | 152,115 | 46.9 | 0% |
| 2022 | 308,342 | 252,786 | 55,556 | 38.0 | 0% |
| 2023 | 365,133 | 273,891 | 91,242 | 41.9 | 0% |
In its most recent public year (2023), this organization brought in $91,242 more than it spent. Its reserves stood at about 41.9 months of spending, up from 29.7 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
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