1979 Legacy Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 89,571 | 527,806 | −438,235 | 32.2 | 0% |
| 2012 | 302,603 | 860,480 | −557,877 | 12.0 | 0% |
| 2013 | 355,868 | 296,367 | 59,501 | 37.1 | 0% |
| 2014 | 320,566 | 272,103 | 48,463 | 42.6 | 0% |
| 2015 | 390,581 | 681,308 | −290,727 | -50.4 | 0% |
| 2016 | 447,727 | 668,241 | −220,514 | -55.4 | 0% |
| 2017 | 329,605 | 512,595 | −182,990 | -76.5 | 0% |
| 2018 | 376,609 | 702,800 | −326,191 | -61.3 | 0% |
| 2019 | 452,796 | 538,358 | −85,562 | -82.0 | 0% |
| 2020 | 598,878 | 785,681 | −186,803 | -59.0 | 0% |
| 2021 | 462,876 | 640,608 | −177,732 | -75.7 | 0% |
| 2022 | 476,705 | 565,464 | −88,759 | -87.7 | 0% |
| 2023 | 551,629 | 640,840 | −89,211 | -79.0 | 0% |
In its most recent public year (2023), this organization spent $89,211 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-79 months), down from 32.2 in 2011. 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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