Legacy Family Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 114,239 | 82,390 | 31,849 | 4.6 | — |
| 2020 | 100,198 | 114,837 | −14,639 | 1.8 | — |
| 2021 | 166,972 | 150,113 | 16,859 | 2.7 | — |
| 2022 | 253,092 | 221,991 | 31,101 | 3.5 | 63% |
| 2023 | 490,030 | 337,499 | 152,531 | 7.7 | 47% |
In its most recent public year (2023), this organization brought in $152,531 more than it spent. Its reserves stood at about 7.7 months of spending, up from 4.6 in 2019. Staff pay was 47% of spending. $140,475 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
Legacy Family Ministries'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