Legado Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 33,546 | 17,008 | 16,538 | 11.7 | — |
| 2018 | 376,299 | 287,513 | 88,786 | 4.4 | 48% |
| 2019 | 654,804 | 286,946 | 367,858 | 19.8 | 60% |
| 2020 | 467,806 | 473,019 | −5,213 | 11.9 | 35% |
| 2021 | 807,224 | 751,705 | 55,519 | 8.4 | 41% |
| 2022 | 704,454 | 959,205 | −254,751 | 3.4 | 61% |
| 2023 | 1,428,623 | 918,422 | 510,201 | 10.2 | 42% |
In its most recent public year (2023), this organization brought in $510,201 more than it spent. Its reserves stood at about 10.2 months of spending, down from 11.7 in 2017. Staff pay was 42% of spending. $185,257 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
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