THE LEGACY FOUNDATION (EIN 263853831) - 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

2008

Legal Domicile

Principal Officer

CHRISTOPHER RANTS

Phone

7124908742

Tax Period

2024-01-01 to 2024-12-31

THE LEGACY FOUNDATION, founded in 2008, is a micro nonprofit in the Education sector that reported $27K in total revenue in fiscal year 2024. Revenue fell 69% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $12K, a strong 47% operating margin.

Mission

THE FOUNDATION IS ORGANIZED TO EDUCATE THE GENERAL PUBLIC ABOUT CONCEPTS THAT ADVANCE INDIVIDUAL LIBERTY, FREE ENTERPRISE, AND LIMITED AND ACCOUNTABLE GOVERNMENT, AND WILL ENGAGE IN INDEPENDENT, NONPARTISAN RESEARCH ON PUBLIC POLICY MATTERS AND INITIATIVES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $25,205

Program Service Revenue $0

Investment Income $1,413

Other Revenue $0

TOTAL REVENUE $26,618

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,640

Other Expenses $14,220

TOTAL EXPENSES $14,220

Year-over-Year Comparison

	2024	2023	Change
Revenue	$26,618	$85,650	-0.7%
Expenses	$14,220	$125,873	-0.9%
Net Income	$12,398	$-40,223	-1.3%

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

N/A

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

$10,000

Total Directors

$10,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRISTOPHER RANTS	PRESIDENT	20.00	Officer Director	$0	$0	$10,000
ALLISON KLEIS	TREASURER	1.00	Officer Director	$0	$0	$0
WILLARD JENKINS	SECRETARY	0.00	Officer Director	$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
2025	No data	No data	No data	No data
2024	$26,618	$14,220	$82,080	$12,398
2023	$85,650	$125,873	$69,682	$-40,223
2022	$459,864	$497,271	$109,905	$-37,407
2021	$385,634	$320,446	$147,312	$65,188
2020	$838,076	$918,451	$82,124	$-80,375
2019	$2,690,820	$2,666,837	$162,501	$23,983
2018	$219,734	$164,363	$138,518	$55,371

THE LEGACY FOUNDATION