LEGACY REEF FOUNDATION (EIN 472386253) - 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

2017

Legal Domicile

Principal Officer

Susanne Otero

Phone

8088685384

Tax Period

2019-01-01 to 2019-12-31

LEGACY REEF FOUNDATION, founded in 2017, is a small nonprofit in the Human Services sector that reported $229K in total revenue in fiscal year 2019. Revenue surged 368% from the prior year, signaling strong growth momentum. Expenses of $308K exceeded revenue, resulting in a 34% operating deficit.

Mission

Through partnerships with seaside communities, Legacy Reef Foundation exists to create healthy reefs throughout the world; ensuring that coastal residents have a sustainable food source for generations to come.

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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 (2019)

Revenue Breakdown

Contributions & Grants $229,363

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $229,363

Expense Breakdown

Grants Paid $0

Salaries & Benefits $49,285

Fundraising Expenses $109,321

Program Expenses $97,883

Other Expenses $178,377

TOTAL EXPENSES $308,265

Year-over-Year Comparison

	2019	2018	Change
Revenue	$229,363	$49,000	+3.7%
Expenses	$308,265	N/A	N/A
Net Income	$-78,902	$49,000	-2.6%

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

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
William Coney	Development Director	20	Officer Director	$0	$0	$0
Susanne Otero	Projects Director	40	Officer Director	$0	$0	$0
Russell Ruderman	Board member	1	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
2019	$229,363	$308,265	$130,614	$-78,902
2019	$229,560	$289,012	$22,948	$-59,452

LEGACY REEF FOUNDATION