Legacy Endowment Fund For Preaching Scholarships Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 59,376 | 6,902 | 52,474 | 91.2 | 0% |
| 2020 | 176,851 | 13,263 | 163,588 | 195.5 | 0% |
| 2021 | 218,023 | 83,503 | 134,520 | 50.4 | 0% |
| 2022 | 34,871 | 41,018 | −6,147 | 100.8 | 0% |
| 2023 | 104,941 | 34,942 | 69,999 | 142.3 | 0% |
In its most recent public year (2023), this organization brought in $69,999 more than it spent. Its reserves stood at about 142.3 months of spending, up from 91.2 in 2019. Staff pay was 0% 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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