Legacy Farms
EIN: 453567266 · Leesburg, VA · NTEE: P82
| Metric | Value |
|---|---|
| Total Revenue | $396K |
| Total Expenses | $362K |
| Net Assets | $158K |
Is Legacy Farms Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Legacy Farms
Legacy Farms (EIN: 453567266) is a nonprofit organization based in Leesburg, VA, classified under NTEE code P82. The organization reported total revenue of $396K and total assets of $156K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Legacy Farms's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Legacy Farms is a small nonprofit that has been operating for 14 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 56.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $394K |
| Total Expenses | $362K |
| Surplus / Deficit | +$32K |
| Total Assets | $158K |
| Net Assets | $158K |
| Operating Margin | 8.1% |
| Months of Reserves | 5.2 months |
Financial Health Grade: A
In 2023, Legacy Farms reported a surplus of $32K with revenue exceeding expenses, holds 5.2 months of operating reserves (adequate).
Financial Trends
Over 4 years of filings (2020–2023), Legacy Farms's revenue has grown at a compound annual growth rate (CAGR) of 56.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +48.9% | +68.4% | +25.3% |
| 2022 | +88.3% | +60.0% | +64.8% |
| 2021 | +35.5% | +81.1% | +8.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Legacy Farms 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 Legacy Farms 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 $32K, with revenue exceeding expenses.
Frequently Asked Questions about Legacy Farms
Is Legacy Farms a legitimate charity?
Based on AI analysis of IRS 990 filings, Legacy Farms (EIN: 453567266) insufficient data. 0 red flags identified, 0 strengths noted.
How does Legacy Farms spend its money?
Detailed spending breakdown data is not yet available for Legacy Farms. Check back for updated IRS 990 analysis.
Are donations to Legacy Farms tax-deductible?
Legacy Farms is registered as a tax-exempt nonprofit (EIN: 453567266). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Legacy Farms located?
Legacy Farms is headquartered in Leesburg, Virginia and files with the IRS under EIN 453567266. It is classified under NTEE code P82.
How many years of IRS 990 filings does Legacy Farms have?
Legacy Farms has 4 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 $396K in total revenue.
Filing History
IRS 990 filing history for Legacy Farms showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Legacy Farms's revenue has grown by 279.9%, moving from $104K to $394K. Total assets increased by 124.4% over the same period, from $71K to $158K. Total functional expenses rose by 388.1%, from $74K to $362K. In its most recent filing year (2023), Legacy Farms reported a surplus of $32K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $394K | $362K | $158K | $0 | — | — |
| 2022 | $265K | $215K | $126K | $0 | — | View 990 |
| 2021 | $141K | $134K | $77K | $0 | — | — |
| 2020 | $104K | $74K | $71K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $394K, expenses of $362K, and assets of $158K (revenue +48.9% year-over-year).
- 2022: Revenue of $265K, expenses of $215K, and assets of $126K (revenue +88.3% year-over-year).
- 2021: Revenue of $141K, expenses of $134K, and assets of $77K (revenue +35.5% year-over-year).
- 2020: Revenue of $104K, expenses of $74K, and assets of $71K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Legacy Farms:
Data Sources and Methodology
This transparency report for Legacy Farms 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.