The Leon Hammer Legacy Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 858,070 | 740,723 | 117,347 | 7.5 | 47% |
| 2021 | 1,094,821 | 1,024,898 | 69,923 | 6.3 | 45% |
| 2022 | 849,401 | 967,110 | −117,709 | 5.2 | 51% |
In its most recent public year (2022), this organization spent $117,709 more than it brought in. Its reserves stood at about 5.2 months of spending, down from 7.5 in 2020. Staff pay was 51% of spending. $9,508 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 2022. 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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