LEGACY GIVE FOUNDATION (EIN 454314295) - 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

2014

Legal Domicile

Principal Officer

MIKE CANTRELL

Phone

9728242133

Tax Period

2024-01-01 to 2024-12-31

LEGACY GIVE FOUNDATION, founded in 2014, is a small nonprofit in the Human Services sector that reported $620K in total revenue in fiscal year 2024. Revenue surged 477% from the prior year, signaling strong growth momentum. The organization ran a surplus of $411K, a strong 66% operating margin.

Mission

LEGACY GIVE IS A NON-PROFIT THAT ACTIVELY PROVIDES SUPPORT AND RESOURCES TO ORGANIZATIONS DEDICATED TO HELPING FAMILIES IN NEED

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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 $620,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $620,000

Expense Breakdown

Grants Paid $206,200

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $208,961

Other Expenses $2,761

TOTAL EXPENSES $208,961

Year-over-Year Comparison

	2024	2023	Change
Revenue	$620,000	$107,500	+4.8%
Expenses	$208,961	$176,700	+0.2%
Net Income	$411,039	$-69,200	-6.9%

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

N/A

Independent Members

N/A

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
BOB BROOKS	DIRECTOR	2.00	Director	$0	$0	$0
DANNY CANTRELL	DIRECTOR	2.00	Director	$0	$0	$0
MIKE CANTRELL	DIRECTOR	2.00	Director	$0	$0	$0
BOB CROSS	DIRECTOR	2.00	Director	$0	$0	$0
GREG PHILLIPS	DIRECTOR	2.00	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	$620,000	$208,961	$569,970	$411,039
2023	$107,500	$176,700	$158,931	$-69,200
2022	$51,486	$89,875	$228,131	$-38,389
2021	$11,492	$50,622	$266,520	$-39,130
2020	$6,307	$12,963	$305,650	$-6,656

LEGACY GIVE FOUNDATION