NMC LEGACY FUND (EIN 273503738) - 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

2010

Legal Domicile

Phone

7196894022

Tax Period

2023-01-01 to 2023-12-31

NMC LEGACY FUND, founded in 2010, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $370K in total revenue in fiscal year 2023. Revenue surged 21% from the prior year, signaling strong growth momentum. The organization ran a surplus of $204K, a strong 55% operating margin.

Mission

TO HELP BUILD HEALTHY SUSTAINABLE COMMUNITIES, OFFERING A BETTER LIFE FOR INDIVIDUALS AND FAMILIES WORKING AND LIVING IN OUR COMMUNITIES BY PROVIDING FINANCIAL ASSISTANCE TO TAX EXEMPT SOCIAL SERVICE AGENCIES THAT OFFER PROGRAMS AND SERVICES WITHIN OUR COMMUNITIES.

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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 $193,869

Program Service Revenue $0

Investment Income $176,292

Other Revenue $0

TOTAL REVENUE $370,161

Expense Breakdown

Grants Paid $127,541

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $127,541

Other Expenses $38,407

TOTAL EXPENSES $165,948

Year-over-Year Comparison

	2023	2022	Change
Revenue	$370,161	$305,652	+0.2%
Expenses	$165,948	$131,465	+0.3%
Net Income	$204,213	$174,187	+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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LORNA SHAW	Vice President	1.00	Officer Director	$0	$0	$0
KAITLYN RAGSDALE	Secretary	1.00	Officer Director	$0	$0	$0
KATIE BLAKE	Director	1.00	Director	$0	$0	$0
NORMA TOWNLEY	Treasurer	1.00	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
2024	No data	No data	No data	No data
2023	$370,161	$165,948	$5,395,410	$204,213
2022	$305,652	$131,465	$4,570,988	$174,187
2021	$393,722	$229,616	$5,206,798	$164,106
2020	$382,363	$487,834	$4,299,807	$-105,471
2019	$2,946,271	$2,664,398	$4,143,698	$281,873
2018	$3,227,158	$2,182,487	$3,282,068	$1,044,671

NMC LEGACY FUND