The Legacy Donor Foundation
EIN: 721454097 · Metairie, LA · NTEE: E126
| Metric | Value |
|---|---|
| Total Revenue | $128K |
| Total Expenses | $207K |
| Net Assets | $106K |
Is The Legacy Donor Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Legacy Donor Foundation
The Legacy Donor Foundation (EIN: 721454097) is a nonprofit organization based in Metairie, LA, classified under NTEE code E126. The organization reported total revenue of $128K and total assets of $56K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Legacy Donor Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Legacy Donor Foundation is a small nonprofit that has been operating for 27 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $168K |
| Total Expenses | $207K |
| Surplus / Deficit | $-38,514 |
| Total Assets | $116K |
| Total Liabilities | $9K |
| Net Assets | $106K |
| Operating Margin | -22.9% |
| Debt-to-Asset Ratio | 8.0% |
| Months of Reserves | 6.7 months |
Financial Health Grade: B
In 2023, The Legacy Donor Foundation reported a deficit of $39K with expenses exceeding revenue, holds 6.7 months of operating reserves (strong position), has a debt-to-asset ratio of 8.0% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2023), The Legacy Donor Foundation's revenue has declined at a compound annual growth rate (CAGR) of -3.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +21.7% | +5.9% | -22.4% |
| 2022 | +421.2% | -8.0% | -26.5% |
| 2021 | -91.7% | -9.4% | -43.6% |
| 2020 | +119.0% | +19.4% | +43.0% |
| 2019 | +9.6% | +9.5% | -16.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The Legacy Donor 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 The Legacy Donor 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 deficit of $39K, with expenses exceeding revenue.
- Debt-to-asset ratio: 8.0%.
Frequently Asked Questions about The Legacy Donor Foundation
Is The Legacy Donor Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, The Legacy Donor Foundation (EIN: 721454097) insufficient data. 0 red flags identified, 0 strengths noted.
How does The Legacy Donor Foundation spend its money?
Detailed spending breakdown data is not yet available for The Legacy Donor Foundation. Check back for updated IRS 990 analysis.
Are donations to The Legacy Donor Foundation tax-deductible?
The Legacy Donor Foundation is registered as a tax-exempt nonprofit (EIN: 721454097). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Legacy Donor Foundation located?
The Legacy Donor Foundation is headquartered in Metairie, Louisiana and files with the IRS under EIN 721454097. It is classified under NTEE code E126.
How many years of IRS 990 filings does The Legacy Donor Foundation have?
The Legacy Donor Foundation has 14 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 $128K in total revenue.
Filing History
IRS 990 filing history for The Legacy Donor Foundation showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), The Legacy Donor Foundation's revenue has declined by 36%, moving from $262K to $168K. Total assets decreased by 82.4% over the same period, from $656K to $116K. Total functional expenses fell by 32%, from $304K to $207K. In its most recent filing year (2023), The Legacy Donor Foundation reported a deficit of $39K, with expenses exceeding revenue. The organization holds $9K in liabilities against $116K in assets (debt-to-asset ratio: 8.0%), resulting in net assets of $106K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $168K | $207K | $116K | $9K | — | View 990 |
| 2022 | $138K | $195K | $149K | $4K | — | — |
| 2021 | $26K | $212K | $203K | $962 | — | View 990 |
| 2020 | $320K | $234K | $360K | $407 | — | — |
| 2019 | $146K | $196K | $251K | $7K | — | View 990 |
| 2018 | $133K | $179K | $300K | $6K | — | View 990 |
| 2017 | $255K | $244K | $347K | $8K | — | View 990 |
| 2016 | $216K | $190K | $337K | $8K | — | View 990 |
| 2015 | $199K | $197K | $310K | $7K | — | View 990 |
| 2014 | $243K | $251K | $308K | $8K | — | View 990 |
| 2013 | $304K | $253K | $314K | $5K | — | View 990 |
| 2012 | $27K | $267K | $277K | $19K | — | View 990 |
| 2012 | $311K | $382K | $520K | $22K | — | View 990 |
| 2011 | $262K | $304K | $656K | $87K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $168K, expenses of $207K, and assets of $116K (revenue +21.7% year-over-year).
- 2022: Revenue of $138K, expenses of $195K, and assets of $149K (revenue +421.2% year-over-year).
- 2021: Revenue of $26K, expenses of $212K, and assets of $203K (revenue -91.7% year-over-year).
- 2020: Revenue of $320K, expenses of $234K, and assets of $360K (revenue +119.0% year-over-year).
- 2019: Revenue of $146K, expenses of $196K, and assets of $251K (revenue +9.6% year-over-year).
- 2018: Revenue of $133K, expenses of $179K, and assets of $300K (revenue -47.6% year-over-year).
- 2017: Revenue of $255K, expenses of $244K, and assets of $347K (revenue +18.0% year-over-year).
- 2016: Revenue of $216K, expenses of $190K, and assets of $337K (revenue +8.4% year-over-year).
- 2015: Revenue of $199K, expenses of $197K, and assets of $310K (revenue -18.0% year-over-year).
- 2014: Revenue of $243K, expenses of $251K, and assets of $308K (revenue -19.9% year-over-year).
- 2013: Revenue of $304K, expenses of $253K, and assets of $314K (revenue +1022.2% year-over-year).
- 2012: Revenue of $27K, expenses of $267K, and assets of $277K (revenue -91.3% year-over-year).
- 2012: Revenue of $311K, expenses of $382K, and assets of $520K (revenue +18.6% year-over-year).
- 2011: Revenue of $262K, expenses of $304K, and assets of $656K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Legacy Donor Foundation:
Data Sources and Methodology
This transparency report for The Legacy Donor 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.