The Legacy Center Community Development Corporation (EIN 271033434) - 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

Jordan Durso

Phone

7184564852

Tax Period

2024-01-01 to 2024-12-31

The Legacy Center Community Development Corporation, founded in 2008, is a community nonprofit in the Community Improvement sector that reported $2.3M in total revenue in fiscal year 2024. Revenue surged 70% from the prior year, signaling strong growth momentum.

Mission

The Legacy Center Community Development Corporation (TLC) provides relief and development help to impoverished communities and families. It is relentless in moving people forward in achieving their ultimate potential. TLC fights to see people change for life and not just for the moment.

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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 $2,262,838

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $2,262,838

Expense Breakdown

Grants Paid $0

Salaries & Benefits $40,271

Fundraising Expenses $22,855

Program Expenses $2,190,553

Other Expenses $2,239,270

TOTAL EXPENSES $2,279,541

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,262,838	$1,329,484	+0.7%
Expenses	$2,279,541	$1,349,301	+0.7%
Net Income	$-16,703	$-19,817	-0.2%

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

N/A

Employees

Volunteers

1560

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

$142,913

Total Directors

$456,631

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jordan	Durso	25.00	Officer Director	$36,765	$106,148	$142,913
Samuel	Arce	10.00	Director	$0	$0	$0
Osvaldo	Valentin	10.00	Director	$0	$0	$0
N/A	Durso	10.00	Director	$0	$163,968	$163,968
Jessica	Aquino	15.00	Director	$0	$149,750	$149,750
Peter	Mack	15.00	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
2024	$2,262,838	$2,279,541	$866,092	$-16,703
2023	$1,329,484	$1,349,302	$949,403	$-19,818
2022	$1,530,506	$1,607,323	$63,961	$-76,817
2021	$3,374,071	$3,399,063	$102,483	$-24,992
2020	$249,116	$219,091	$111,798	$30,025
2019	$558,386	$561,894	$86,609	$-3,508
2018	$780,353	$798,863	$91,623	$-18,510

The Legacy Center Community Development Corporation