Adc Legacy Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 166,768 | 149,980 | 16,788 | 14.5 | 66% |
| 2022 | 349,881 | 380,007 | −30,126 | 4.8 | 25% |
| 2023 | 352,323 | 332,093 | 20,230 | 6.2 | 31% |
In its most recent public year (2023), this organization brought in $20,230 more than it spent. Its reserves stood at about 6.2 months of spending, down from 14.5 in 2021. Staff pay was 31% 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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