Legacy Of Service Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 146,631 | 61,868 | 84,763 | 23.0 | — |
| 2020 | 19,685 | 77,354 | −57,669 | 9.5 | — |
| 2021 | 47,784 | 40,628 | 7,156 | 14.7 | — |
| 2022 | 54,844 | 36,719 | 18,125 | 22.3 | — |
| 2023 | 119,116 | 56,033 | 63,083 | 23.8 | — |
In its most recent public year (2023), this organization brought in $63,083 more than it spent. Its reserves stood at about 23.8 months 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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