Legacy Village Greenhousecorporation
Legacy Village Greenhousecorporation consistently operates with liabilities exceeding assets, despite stable revenues and zero reported officer compensation.
EIN: 205490961 · Bentonville, AR · NTEE: L20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.0M |
| Total Expenses | $2.0M |
| Program Spending | 75% |
| Net Assets | $-2,724,763 |
| Transparency Score | 65/100 |
Is Legacy Village Greenhousecorporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Legacy Village Greenhousecorporation directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Legacy Village Greenhousecorporation
Legacy Village Greenhousecorporation (EIN: 205490961) is a nonprofit organization based in Bentonville, AR, classified under NTEE code L20. The organization reported total revenue of $2.0M and total assets of $4.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Legacy Village Greenhousecorporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Legacy Village Greenhousecorporation is a mid-size nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of 1.2%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.0M |
| Total Expenses | $2.0M |
| Surplus / Deficit | +$59K |
| Total Assets | $4.3M |
| Total Liabilities | $7.1M |
| Net Assets | $-2,724,763 |
| Operating Margin | 2.9% |
| Debt-to-Asset Ratio | 162.9% |
| Months of Reserves | 26.2 months |
Financial Health Grade: A
In 2020, Legacy Village Greenhousecorporation reported a surplus of $59K with revenue exceeding expenses, holds 26.2 months of operating reserves (strong position), has a debt-to-asset ratio of 162.9% (high leverage).
Financial Trends
Over 10 years of filings (2011–2020), Legacy Village Greenhousecorporation's revenue has grown at a compound annual growth rate (CAGR) of 1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | +47.0% | +12.1% | -7.7% |
| 2019 | -28.7% | -23.4% | -2.4% |
| 2018 | -8.4% | -6.7% | -3.8% |
| 2017 | -9.2% | -1.5% | -4.4% |
| 2016 | -3.9% | -0.8% | -2.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Legacy Village Greenhousecorporation with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Legacy Village Greenhousecorporation allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $59K, with revenue exceeding expenses.
- Debt-to-asset ratio: 162.9%.
Executive Compensation Analysis
Legacy Village Greenhousecorporation consistently reports 0% officer compensation across all ten available filings, indicating that no compensation is paid to its officers, which is a strong positive for minimizing administrative overhead.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Legacy Village Greenhousecorporation's IRS 990 filings:
- Consistent and significant negative net assets (liabilities exceeding assets) over a decade, indicating potential solvency issues.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided summary data, hindering full efficiency assessment.
Strengths
The following positive indicators were identified for Legacy Village Greenhousecorporation:
- Consistent filing of IRS Form 990s for over a decade, demonstrating regulatory compliance.
- Zero reported officer compensation across all filings, indicating a commitment to minimizing executive overhead.
- Stable revenue generation, generally exceeding $1.3 million annually, suggesting consistent operational activity.
Frequently Asked Questions about Legacy Village Greenhousecorporation
Is Legacy Village Greenhousecorporation a legitimate charity?
Legacy Village Greenhousecorporation (EIN: 205490961) is a registered tax-exempt nonprofit based in Arkansas. Our AI analysis gives it a Mission Score of 65/100. It has 10 years of IRS 990 filings on record. Total revenue: $2.0M. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Legacy Village Greenhousecorporation spend its money?
Legacy Village Greenhousecorporation directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Legacy Village Greenhousecorporation tax-deductible?
Legacy Village Greenhousecorporation is registered as a tax-exempt nonprofit (EIN: 205490961). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Legacy Village Greenhousecorporation's spending goes to programs?
Legacy Village Greenhousecorporation directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Legacy Village Greenhousecorporation compare to similar nonprofits?
With a transparency score of 65/100 (Good), Legacy Village Greenhousecorporation is above average for NTEE category L20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Legacy Village Greenhousecorporation located?
Legacy Village Greenhousecorporation is headquartered in Bentonville, Arkansas and files with the IRS under EIN 205490961. It is classified under NTEE code L20.
How many years of IRS 990 filings does Legacy Village Greenhousecorporation have?
Legacy Village Greenhousecorporation has 10 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 $2.0M in total revenue.
Is Legacy Village Greenhousecorporation financially sustainable given its consistent negative net assets?
The organization has consistently reported liabilities significantly exceeding assets for over a decade, with liabilities of $7,059,660 against assets of $4,334,897 in 2020. This indicates a persistent negative net asset position, raising concerns about long-term financial sustainability and reliance on debt.
What is the nature of the high liabilities reported by the organization?
The provided data does not specify the nature of the liabilities. A deeper dive into the full IRS 990 forms would be necessary to understand if these are program-related debts, mortgages, or other obligations.
How does the organization manage to operate with such high liabilities relative to assets?
While the organization has managed to keep expenses close to or below revenue in recent years (e.g., 2020 revenue $2,043,514 vs. expenses $1,984,282), the consistent negative net assets suggest a long-standing financial structure that may rely on ongoing revenue to service existing debt rather than building significant equity.
Filing History
IRS 990 filing history for Legacy Village Greenhousecorporation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2020), Legacy Village Greenhousecorporation's revenue has grown by 11.7%, moving from $1.8M to $2.0M. Total assets decreased by 28.2% over the same period, from $6.0M to $4.3M. Total functional expenses fell by 9.4%, from $2.2M to $2.0M. In its most recent filing year (2020), Legacy Village Greenhousecorporation reported a surplus of $59K, with revenue exceeding expenses. The organization holds $7.1M in liabilities against $4.3M in assets (debt-to-asset ratio: 162.9%), resulting in net assets of $-2,724,763.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $2.0M | $2.0M | $4.3M | $7.1M | — | View 990 |
| 2019 | $1.4M | $1.8M | $4.7M | $7.5M | — | View 990 |
| 2018 | $1.9M | $2.3M | $4.8M | $7.2M | — | View 990 |
| 2017 | $2.1M | $2.5M | $5.0M | $7.0M | — | View 990 |
| 2016 | $2.3M | $2.5M | $5.2M | $6.9M | — | View 990 |
| 2015 | $2.4M | $2.5M | $5.4M | $6.9M | — | View 990 |
| 2014 | $2.4M | $2.5M | $5.5M | $6.9M | — | View 990 |
| 2013 | $2.0M | $2.5M | $5.6M | $7.0M | — | View 990 |
| 2012 | $2.0M | $2.1M | $5.9M | $6.8M | — | View 990 |
| 2011 | $1.8M | $2.2M | $6.0M | $6.8M | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $2.0M, expenses of $2.0M, and assets of $4.3M (revenue +47.0% year-over-year).
- 2019: Revenue of $1.4M, expenses of $1.8M, and assets of $4.7M (revenue -28.7% year-over-year).
- 2018: Revenue of $1.9M, expenses of $2.3M, and assets of $4.8M (revenue -8.4% year-over-year).
- 2017: Revenue of $2.1M, expenses of $2.5M, and assets of $5.0M (revenue -9.2% year-over-year).
- 2016: Revenue of $2.3M, expenses of $2.5M, and assets of $5.2M (revenue -3.9% year-over-year).
- 2015: Revenue of $2.4M, expenses of $2.5M, and assets of $5.4M (revenue +-0.0% year-over-year).
- 2014: Revenue of $2.4M, expenses of $2.5M, and assets of $5.5M (revenue +21.4% year-over-year).
- 2013: Revenue of $2.0M, expenses of $2.5M, and assets of $5.6M (revenue +2.8% year-over-year).
- 2012: Revenue of $2.0M, expenses of $2.1M, and assets of $5.9M (revenue +6.9% year-over-year).
- 2011: Revenue of $1.8M, expenses of $2.2M, and assets of $6.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Legacy Village Greenhousecorporation:
Data Sources and Methodology
This transparency report for Legacy Village Greenhousecorporation 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.