NEXSTAR LEGACY FOUNDATION (EIN 203547319) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2005

Legal Domicile

Principal Officer

PEGGY HILDEBRANDT

Phone

6517898518

Tax Period

2023-01-01 to 2023-12-31

NEXSTAR LEGACY FOUNDATION, founded in 2005, is a community nonprofit in the Education sector that reported $1.3M in total revenue in fiscal year 2023. Revenue surged 142% from the prior year, signaling strong growth momentum. The organization ran a surplus of $618K, a strong 49% operating margin.

Mission

THE FOUNDATION WAS ESTABLISHED FOR CHARITABLE AND EDUCATION PURPOSES. THE FOUNDATION INTENDS TO PROVIDE PUBLIC RESOURCE DEVELOPMENT, SCHOLARSHIPS AND GRANTS FOR BUSINESS AND TECHNICAL TRAINING, AND CAREER COUNSELING AND ADVICE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,143,710

Program Service Revenue $0

Investment Income $75,793

Other Revenue $36,013

TOTAL REVENUE $1,255,516

Expense Breakdown

Grants Paid $105,299

Salaries & Benefits $222,503

Fundraising Expenses $153,820

Program Expenses $390,476

Other Expenses $309,592

TOTAL EXPENSES $637,394

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,255,516	$517,946	+1.4%
Expenses	$637,394	$429,116	+0.5%
Net Income	$618,122	$88,830	+6.0%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$128,622

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LARA BELTZ	PRESIDENT	1.00	Officer Director	$0	$0	$0
MARTY CULLEN	TRUSTEE	1.00	Officer Director	$0	$0	$0
JULIAN SCADDEN	TRUSTEE EX-OFFICIO	1.00	Director	$0	$0	$0
PEGGY HILDEBRANDT	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
MIKE BERGSTROM	SECRETARY	1.00	Officer Director	$0	$0	$0
PHIL SMITHERMAN	TRUSTEE	1.00	Director	$0	$0	$0
ANTHONY CACCIA	TRUSTEE	1.00	Director	$0	$0	$0
KATHERINE CINNAMO	EXECUTIVE DIRECTOR	40.00	Officer	$0	$28,822	$128,622
LAUREN MARTIN	TREASURER	1.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$1,255,516	$637,394	$2,255,099	$618,122
2022	$517,946	$429,116	$1,446,176	$88,830
2021	$265,644	$242,825	$1,509,611	$22,819
2020	$575,348	$219,938	$1,468,631	$355,410
2019	$412,220	$324,502	$1,067,706	$87,718
2018	$664,062	$236,739	$917,974	$427,323

NEXSTAR LEGACY FOUNDATION