Marshall Legacy Institute
EIN: 541853093 · Arlington, VA · NTEE: Q300
Is Marshall Legacy Institute Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Marshall Legacy Institute
Marshall Legacy Institute (EIN: 541853093) is a nonprofit organization based in Arlington, VA, classified under NTEE code Q300. The organization reported total revenue of $2.7M and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Marshall Legacy Institute's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Marshall Legacy Institute is a mid-size nonprofit that has been operating for 29 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.0M |
| Total Expenses | $2.0M |
| Surplus / Deficit | $-77,206 |
| Total Assets | $995K |
| Total Liabilities | $428K |
| Net Assets | $567K |
| Operating Margin | -3.9% |
| Debt-to-Asset Ratio | 43.0% |
| Months of Reserves | 5.9 months |
Financial Health Grade: B
In 2023, Marshall Legacy Institute reported a deficit of $77K with expenses exceeding revenue, holds 5.9 months of operating reserves (adequate), has a debt-to-asset ratio of 43.0% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Marshall Legacy Institute's revenue has grown at a compound annual growth rate (CAGR) of -0.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.8% | +16.5% | -10.6% |
| 2022 | +13.4% | +29.0% | +72.3% |
| 2021 | +61.0% | +42.6% | +21.4% |
| 2020 | -13.2% | -21.7% | +35.9% |
| 2019 | -37.6% | -36.5% | -42.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Marshall Legacy Institute 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 Marshall Legacy Institute 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 deficit of $77K, with expenses exceeding revenue.
- Debt-to-asset ratio: 43.0%.
Frequently Asked Questions about Marshall Legacy Institute
Is Marshall Legacy Institute a legitimate charity?
Based on AI analysis of IRS 990 filings, Marshall Legacy Institute (EIN: 541853093) insufficient data. 0 red flags identified, 0 strengths noted.
How does Marshall Legacy Institute spend its money?
Detailed spending breakdown data is not yet available for Marshall Legacy Institute. Check back for updated IRS 990 analysis.
Are donations to Marshall Legacy Institute tax-deductible?
Marshall Legacy Institute is registered as a tax-exempt nonprofit (EIN: 541853093). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Marshall Legacy Institute showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Marshall Legacy Institute's revenue has declined by 0.5%, moving from $2.0M to $2.0M. Total assets increased by 12.3% over the same period, from $886K to $995K. Total functional expenses rose by 10.8%, from $1.8M to $2.0M. In its most recent filing year (2023), Marshall Legacy Institute reported a deficit of $77K, with expenses exceeding revenue. The organization holds $428K in liabilities against $995K in assets (debt-to-asset ratio: 43.0%), resulting in net assets of $567K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.0M | $2.0M | $995K | $428K | — | — |
| 2022 | $1.8M | $1.7M | $1.1M | $470K | — | View 990 |
| 2021 | $1.6M | $1.4M | $647K | $40K | — | View 990 |
| 2020 | $978K | $950K | $533K | $145K | — | — |
| 2019 | $1.1M | $1.2M | $392K | $33K | — | View 990 |
| 2018 | $1.8M | $1.9M | $680K | $234K | — | View 990 |
| 2017 | $1.7M | $1.7M | $610K | $58K | — | View 990 |
| 2016 | $1.4M | $1.5M | $699K | $134K | — | View 990 |
| 2015 | $1.4M | $1.6M | $706K | $78K | — | View 990 |
| 2014 | $1.9M | $1.8M | $1.1M | $342K | — | View 990 |
| 2013 | $1.8M | $2.0M | $699K | $19K | — | View 990 |
| 2012 | $2.4M | $2.1M | $1.0M | $204K | — | View 990 |
| 2011 | $2.0M | $1.8M | $886K | $274K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.0M, expenses of $2.0M, and assets of $995K (revenue +9.8% year-over-year).
- 2022: Revenue of $1.8M, expenses of $1.7M, and assets of $1.1M (revenue +13.4% year-over-year).
- 2021: Revenue of $1.6M, expenses of $1.4M, and assets of $647K (revenue +61.0% year-over-year).
- 2020: Revenue of $978K, expenses of $950K, and assets of $533K (revenue -13.2% year-over-year).
- 2019: Revenue of $1.1M, expenses of $1.2M, and assets of $392K (revenue -37.6% year-over-year).
- 2018: Revenue of $1.8M, expenses of $1.9M, and assets of $680K (revenue +6.0% year-over-year).
- 2017: Revenue of $1.7M, expenses of $1.7M, and assets of $610K (revenue +20.9% year-over-year).
- 2016: Revenue of $1.4M, expenses of $1.5M, and assets of $699K (revenue -1.8% year-over-year).
- 2015: Revenue of $1.4M, expenses of $1.6M, and assets of $706K (revenue -25.0% year-over-year).
- 2014: Revenue of $1.9M, expenses of $1.8M, and assets of $1.1M (revenue +4.0% year-over-year).
- 2013: Revenue of $1.8M, expenses of $2.0M, and assets of $699K (revenue -22.3% year-over-year).
- 2012: Revenue of $2.4M, expenses of $2.1M, and assets of $1.0M (revenue +20.2% year-over-year).
- 2011: Revenue of $2.0M, expenses of $1.8M, and assets of $886K.
Data Sources and Methodology
This transparency report for Marshall Legacy Institute 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.