Legacy Ministry Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 31,400 | 205 | 31,195 | 1826.0 | — |
| 2014 | 21,525 | 38,800 | −17,275 | 4.4 | — |
| 2015 | 31,730 | 35,827 | −4,097 | 3.4 | — |
| 2016 | 20,400 | 20,528 | −128 | 5.8 | — |
| 2017 | 20,921 | 15,339 | 5,582 | 12.1 | — |
| 2018 | 15,750 | 13,918 | 1,832 | 14.9 | — |
| 2019 | 20,284 | 22,340 | −2,056 | 8.2 | — |
| 2020 | 23,650 | 21,689 | 1,961 | 9.5 | — |
| 2022 | 27,830 | 25,319 | 2,511 | 9.1 | — |
In its most recent public year (2022), this organization brought in $2,511 more than it spent. Its reserves stood at about 9.1 months of spending, down from 1826 in 2013.
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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