Landons Legacy Foundation
EIN: 463303073 · Billings, MT · NTEE: P20
| Metric | Value |
|---|---|
| Total Revenue | $577K |
| Total Expenses | $144K |
| Net Assets | $546K |
Is Landons Legacy Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Landons Legacy Foundation
Landons Legacy Foundation (EIN: 463303073) is a nonprofit organization based in Billings, MT, classified under NTEE code P20. The organization reported total revenue of $577K and total assets of $383K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Landons Legacy Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Landons Legacy Foundation is a small nonprofit that has been operating for 11 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 28.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $236K |
| Total Expenses | $144K |
| Surplus / Deficit | +$92K |
| Total Assets | $549K |
| Total Liabilities | $2K |
| Net Assets | $546K |
| Operating Margin | 39.0% |
| Debt-to-Asset Ratio | 0.4% |
| Months of Reserves | 45.8 months |
Financial Health Grade: A
In 2023, Landons Legacy Foundation reported a surplus of $92K with revenue exceeding expenses, holds 45.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.4% (very low leverage).
Financial Trends
Over 11 years of filings (2013–2023), Landons Legacy Foundation's revenue has grown at a compound annual growth rate (CAGR) of 28.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -24.3% | -81.8% | +20.5% |
| 2022 | -64.1% | +111.8% | -51.2% |
| 2021 | +348.8% | +281.7% | +112.6% |
| 2020 | +27.3% | +22.4% | +27.8% |
| 2019 | +69.1% | +156.7% | +26.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Landons Legacy Foundation 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 Landons Legacy Foundation 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 $92K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.4%.
Frequently Asked Questions about Landons Legacy Foundation
Is Landons Legacy Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Landons Legacy Foundation (EIN: 463303073) insufficient data. 0 red flags identified, 0 strengths noted.
How does Landons Legacy Foundation spend its money?
Detailed spending breakdown data is not yet available for Landons Legacy Foundation. Check back for updated IRS 990 analysis.
Are donations to Landons Legacy Foundation tax-deductible?
Landons Legacy Foundation is registered as a tax-exempt nonprofit (EIN: 463303073). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Landons Legacy Foundation located?
Landons Legacy Foundation is headquartered in Billings, Montana and files with the IRS under EIN 463303073. It is classified under NTEE code P20.
How many years of IRS 990 filings does Landons Legacy Foundation have?
Landons Legacy Foundation has 11 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $577K in total revenue.
Filing History
IRS 990 filing history for Landons Legacy Foundation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Landons Legacy Foundation's revenue has grown by 1126.2%, moving from $19K to $236K. Total assets increased by 3135.1% over the same period, from $17K to $549K. Total functional expenses rose by 6247%, from $2K to $144K. In its most recent filing year (2023), Landons Legacy Foundation reported a surplus of $92K, with revenue exceeding expenses. The organization holds $2K in liabilities against $549K in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $546K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $236K | $144K | $549K | $2K | — | — |
| 2022 | $311K | $791K | $455K | $938 | — | View 990 |
| 2021 | $869K | $373K | $934K | $194 | — | View 990 |
| 2020 | $194K | $98K | $439K | $459 | — | — |
| 2019 | $152K | $80K | $344K | $459 | — | View 990 |
| 2018 | $90K | $31K | $271K | $149 | — | View 990 |
| 2017 | $85K | $22K | $212K | $35 | — | View 990 |
| 2016 | $88K | $10K | $149K | $75 | — | View 990 |
| 2015 | $44K | $10K | $71K | $478 | — | View 990 |
| 2014 | $26K | $6K | $37K | $0 | — | View 990 |
| 2013 | $19K | $2K | $17K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $236K, expenses of $144K, and assets of $549K (revenue -24.3% year-over-year).
- 2022: Revenue of $311K, expenses of $791K, and assets of $455K (revenue -64.1% year-over-year).
- 2021: Revenue of $869K, expenses of $373K, and assets of $934K (revenue +348.8% year-over-year).
- 2020: Revenue of $194K, expenses of $98K, and assets of $439K (revenue +27.3% year-over-year).
- 2019: Revenue of $152K, expenses of $80K, and assets of $344K (revenue +69.1% year-over-year).
- 2018: Revenue of $90K, expenses of $31K, and assets of $271K (revenue +5.2% year-over-year).
- 2017: Revenue of $85K, expenses of $22K, and assets of $212K (revenue -2.8% year-over-year).
- 2016: Revenue of $88K, expenses of $10K, and assets of $149K (revenue +101.7% year-over-year).
- 2015: Revenue of $44K, expenses of $10K, and assets of $71K (revenue +69.7% year-over-year).
- 2014: Revenue of $26K, expenses of $6K, and assets of $37K (revenue +33.7% year-over-year).
- 2013: Revenue of $19K, expenses of $2K, and assets of $17K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Landons Legacy Foundation:
Data Sources and Methodology
This transparency report for Landons Legacy Foundation 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.