127 Legacy Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 25,000 | 0 | 25,000 | — | — |
| 2014 | 57,804 | 22,006 | 35,798 | 33.1 | — |
| 2015 | 150,511 | 40,310 | 110,201 | 50.9 | — |
| 2016 | 77,508 | 118,768 | −41,260 | 13.1 | — |
| 2017 | 59,735 | 68,847 | −9,112 | 21.0 | — |
| 2018 | 169,472 | 134,527 | 34,945 | 13.8 | — |
| 2019 | 118,861 | 144,701 | −25,840 | 10.7 | — |
| 2020 | 281,784 | 125,568 | 156,216 | 27.3 | 10% |
| 2021 | 264,574 | 198,610 | 65,964 | 21.2 | 2% |
| 2022 | 91,870 | 180,106 | −88,236 | 17.5 | — |
| 2023 | 299,731 | 116,876 | 182,855 | 45.8 | 4% |
In its most recent public year (2023), this organization brought in $182,855 more than it spent. Its reserves stood at about 45.8 months of spending. Staff pay was 4% 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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