Daniel S Legacy Foundation Inc
EIN: 920398770 · Preston, KS · NTEE: O52
| Metric | Value |
|---|---|
| Total Revenue | $6K |
| Total Expenses | $3K |
| Net Assets | $85K |
Is Daniel S Legacy Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Daniel S Legacy Foundation Inc
Daniel S Legacy Foundation Inc (EIN: 920398770) is a nonprofit organization based in Preston, KS, classified under NTEE code O52. The organization reported total revenue of $6K and total assets of $85K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Daniel S Legacy Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Daniel S Legacy Foundation Inc is a micro nonprofit that has been operating for 3 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of -95.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4K |
| Total Expenses | $3K |
| Surplus / Deficit | +$1K |
| Total Assets | $85K |
| Total Liabilities | $1 |
| Net Assets | $85K |
| Operating Margin | 27.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 343.7 months |
Financial Health Grade: A
In 2023, Daniel S Legacy Foundation Inc reported a surplus of $1K with revenue exceeding expenses, holds 343.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 2 years of filings (2022–2023), Daniel S Legacy Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -95.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -95.1% | — | +1.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2023 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Daniel S Legacy Foundation Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Daniel S Legacy Foundation Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Daniel S Legacy Foundation Inc
Is Daniel S Legacy Foundation Inc a legitimate charity?
Daniel S Legacy Foundation Inc (EIN: 920398770) is a registered tax-exempt nonprofit based in Kansas. It has 2 years of IRS 990 filings on record. Total revenue: $6K. No red flags identified. Financial health grade: A.
How does Daniel S Legacy Foundation Inc spend its money?
Daniel S Legacy Foundation Inc reported $6K in total revenue in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Daniel S Legacy Foundation Inc tax-deductible?
Daniel S Legacy Foundation Inc is registered as a tax-exempt nonprofit (EIN: 920398770). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Daniel S Legacy Foundation Inc located?
Daniel S Legacy Foundation Inc is headquartered in Preston, Kansas and files with the IRS under EIN 920398770. It is classified under NTEE code O52.
How many years of IRS 990 filings does Daniel S Legacy Foundation Inc have?
Daniel S Legacy Foundation Inc has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $6K in total revenue.
Filing History
IRS 990 filing history for Daniel S Legacy Foundation Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Daniel S Legacy Foundation Inc's revenue has declined by 95.1%, moving from $84K to $4K. Total assets increased by 1.3% over the same period, from $84K to $85K. In its most recent filing year (2023), Daniel S Legacy Foundation Inc reported a surplus of $1K, with revenue exceeding expenses. The organization holds $1 in liabilities against $85K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $85K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4K | $3K | $85K | $1 | — | — |
| 2022 | $84K | $0 | $84K | $1 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Daniel S Legacy Foundation Inc:
Data Sources and Methodology
This transparency report for Daniel S Legacy Foundation Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.