Legacy Preservation Enterprise
EIN: 851913677 · Franklin, TN · NTEE: A82
| Metric | Value |
|---|---|
| Total Revenue | $162K |
| Total Expenses | $14K |
| Net Assets | $846K |
Is Legacy Preservation Enterprise Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Legacy Preservation Enterprise
Legacy Preservation Enterprise (EIN: 851913677) is a nonprofit organization based in Franklin, TN, classified under NTEE code A82. The organization reported total revenue of $162K and total assets of $935K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Legacy Preservation Enterprise's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Legacy Preservation Enterprise is a small nonprofit that has been operating for 5 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of -45.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $124K |
| Total Expenses | $14K |
| Surplus / Deficit | +$110K |
| Total Assets | $846K |
| Net Assets | $846K |
| Operating Margin | 88.7% |
| Months of Reserves | 723.6 months |
Financial Health Grade: A
In 2023, Legacy Preservation Enterprise reported a surplus of $110K with revenue exceeding expenses, holds 723.6 months of operating reserves (strong position).
Financial Trends
Over 3 years of filings (2021–2023), Legacy Preservation Enterprise's revenue has declined at a compound annual growth rate (CAGR) of -45.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -38.7% | +150.0% | +14.9% |
| 2022 | -51.6% | +1.8% | +36.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Legacy Preservation Enterprise 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 Preservation Enterprise 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 $110K, with revenue exceeding expenses.
Frequently Asked Questions about Legacy Preservation Enterprise
Is Legacy Preservation Enterprise a legitimate charity?
Legacy Preservation Enterprise (EIN: 851913677) is a registered tax-exempt nonprofit based in Tennessee. It has 3 years of IRS 990 filings on record. Total revenue: $162K. No red flags identified. Financial health grade: A.
How does Legacy Preservation Enterprise spend its money?
Legacy Preservation Enterprise reported $162K in total revenue in IRS 990 filings. 3 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Legacy Preservation Enterprise tax-deductible?
Legacy Preservation Enterprise is registered as a tax-exempt nonprofit (EIN: 851913677). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Legacy Preservation Enterprise located?
Legacy Preservation Enterprise is headquartered in Franklin, Tennessee and files with the IRS under EIN 851913677. It is classified under NTEE code A82.
How many years of IRS 990 filings does Legacy Preservation Enterprise have?
Legacy Preservation Enterprise has 3 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 $162K in total revenue.
Filing History
IRS 990 filing history for Legacy Preservation Enterprise showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Legacy Preservation Enterprise's revenue has declined by 70.3%, moving from $417K to $124K. Total assets increased by 56.7% over the same period, from $540K to $846K. Total functional expenses rose by 154.6%, from $6K to $14K. In its most recent filing year (2023), Legacy Preservation Enterprise reported a surplus of $110K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $124K | $14K | $846K | $0 | — | — |
| 2022 | $202K | $6K | $736K | $0 | — | View 990 |
| 2021 | $417K | $6K | $540K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $124K, expenses of $14K, and assets of $846K (revenue -38.7% year-over-year).
- 2022: Revenue of $202K, expenses of $6K, and assets of $736K (revenue -51.6% year-over-year).
- 2021: Revenue of $417K, expenses of $6K, and assets of $540K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Legacy Preservation Enterprise:
Data Sources and Methodology
This transparency report for Legacy Preservation Enterprise 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.