Legends Do Live

EIN: 472508554 501(c)(3) Arts, Culture & Humanities

Missouri City, TX

Total Revenue
$435,453
Total Expenses
$469,360
Total Assets
$90,631
Net Assets
$70,714
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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
TX
Principal Officer
Douglas K Johnson Jr
Phone
2145923789
Tax Period
2023-01-01 to 2023-12-31

Legends Do Live, founded in 2014, is a small nonprofit in the Arts, Culture & Humanities sector that reported $435K in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion.

Mission

Legends Do Live is a non-profit organization that focuses on equipping and funding disadvantaged youth and communities through workshop programs and community engagement.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $435,453
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $435,453

Expense Breakdown

Grants Paid $0
Salaries & Benefits $162,101
Fundraising Expenses $0
Program Expenses $375,489
Other Expenses $307,259
TOTAL EXPENSES $469,360

Year-over-Year Comparison

2023 2022 Change
Revenue $435,453 $393,330 +0.1%
Expenses $469,360 $376,830 +0.2%
Net Income $-33,907 $16,500 -3.1%
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

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Governance

Voting Members
5
Independent Members
N/A
Employees
2
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
0
$0
Total Directors
5
$150,525
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jarren Small Director 23.00
Director
$77,077 $0 $77,077
Douglas K Johnson Jr Director 23.00
Director
$73,448 $0 $73,448
Tristan Johnson Chairman 5.00
Director
$0 $0 $0
Meghan Johnson Chairman 5.00
Director
$0 $0 $0
Jordan Harris Chairman 5.00
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 No data No data No data No data
2023 $435,453 $469,360 $90,631 $-33,907
2022 $393,330 $376,830 $131,772 $16,500
2021 $289,170 $217,642 $99,106 $71,528
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