LEGACY GLOBAL FOUNDATION (EIN 371440662) - 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

2001

Legal Domicile

Principal Officer

MELODIE GATZ

Phone

6027041000

Tax Period

2023-01-01 to 2023-12-31

LEGACY GLOBAL FOUNDATION, founded in 2001, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $5.2M in total revenue in fiscal year 2023. Revenue surged 84% from the prior year, signaling strong growth momentum. Expenses of $6.9M exceeded revenue, resulting in a 33% operating deficit.

Mission

SERVICE AND SOLUTIONS, LEGACY EMPOWERS AND CREATES OPPORTUNITIES FOR STAKEHOLDERS. LEGACY CREATES WELL-BEING AND PROSPERITY BY INSPIRING THE TRANSFER OF VALUES ACROSS GENERATIONS. LEGACY DELIVERS THE PROMISE THAT YOU ARE BLESSED WHEN YOU BLESS OTHERS.

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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 $4,752,785

Program Service Revenue $0

Investment Income $278,384

Other Revenue $179,245

TOTAL REVENUE $5,210,414

Expense Breakdown

Grants Paid $4,722,818

Salaries & Benefits $1,058,700

Fundraising Expenses $19,963

Program Expenses $6,765,086

Other Expenses $1,140,361

TOTAL EXPENSES $6,921,879

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,210,414	$2,826,019	+0.8%
Expenses	$6,921,879	$4,600,098	+0.5%
Net Income	$-1,711,465	$-1,774,079	0.0%

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

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

$119,629

Total Directors

$119,629

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DELIGHT MOSER	DIRECTOR	2.00	Director	$0	$0	$0
WAYNE HATCH	DIRECTOR	2.00	Director	$0	$0	$0
PAUL PETERSON	DIRECTOR	2.00	Officer Director	$0	$0	$0
MELODIE DURFEE GATZ	PRESIDENT & CEO, TRUSTEE	40.00	Officer Director	$119,629	$0	$119,629

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	$5,210,414	$6,921,879	$260,610,654	$-1,711,465
2021	$30,933,023	$23,167,552	$90,536,971	$7,765,471
2020	$17,629,906	$4,084,707	$78,103,362	$13,545,199
2019	$6,095,682	$2,627,060	$61,964,952	$3,468,622
2018	$1,371,080	$2,307,383	$50,498,695	$-936,303

LEGACY GLOBAL FOUNDATION