The Legacy Foundation At Shell Point Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 528,468 | 545,346 | −16,878 | -16.6 | 67% |
| 2012 | 1,039,756 | 702,961 | 336,795 | -7.1 | 49% |
| 2013 | 588,271 | 582,096 | 6,175 | -8.5 | 62% |
| 2014 | 1,168,396 | 1,327,673 | −159,277 | -5.2 | 30% |
| 2015 | 1,090,312 | 608,135 | 482,177 | -1.7 | 64% |
| 2016 | 1,053,385 | 1,306,933 | −253,548 | -3.1 | 32% |
| 2017 | 2,115,898 | 2,202,416 | −86,518 | -2.3 | 17% |
| 2018 | 15,830,804 | 4,925,825 | 10,904,979 | 25.5 | 9% |
| 2019 | 3,520,548 | 1,774,399 | 1,746,149 | 82.6 | 26% |
| 2020 | 18,882,614 | 22,737,811 | −3,855,197 | 4.4 | 2% |
| 2021 | 4,918,874 | 7,404,398 | −2,485,524 | 9.5 | 6% |
| 2022 | 5,863,574 | 7,507,378 | −1,643,804 | 6.8 | 6% |
| 2023 | 4,678,915 | 5,749,398 | −1,070,483 | 6.6 | 8% |
In its most recent public year (2023), this organization spent $1,070,483 more than it brought in. Its reserves stood at about 6.6 months of spending, up from -16.6 in 2011. Staff pay was 8% of spending. $4,735,173 of its net assets are donor-restricted.
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
The Legacy Foundation At Shell Point Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works