Liberty S Legacy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 127,049 | 129,489 | −2,440 | -0.1 | — |
| 2018 | 94,479 | 148,788 | −54,309 | -4.5 | — |
| 2019 | 175,901 | 192,126 | −16,225 | -4.5 | — |
| 2020 | 183,271 | 262,484 | −79,213 | -6.9 | — |
| 2021 | 145,215 | 184,812 | −39,597 | -12.4 | — |
| 2022 | 271,105 | 289,391 | −18,286 | -8.7 | 0% |
| 2023 | 249,192 | 276,968 | −27,776 | -10.3 | 0% |
In its most recent public year (2023), this organization spent $27,776 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-10.3 months), down from -0.1 in 2017. 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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