LEGACY A REGIONAL COMMUNITY FOUNDATION

EIN: 481187957 501(c)(3) Philanthropy & Grantmaking

WINFIELD, KS

Total Revenue
$2,261,312
Total Expenses
$1,158,628
Total Assets
$10,937,285
Net Assets
$10,753,362
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
KS
Principal Officer
YAZMIN WOOD
Phone
6202217224
Tax Period
2023-01-01 to 2023-12-31

LEGACY A REGIONAL COMMUNITY FOUNDATION, founded in 1996, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $2.3M in total revenue in fiscal year 2023. Revenue surged 80% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.1M, a strong 49% operating margin.

Mission

THE VISION OF LEGACY REGIONAL COMMUNITY FOUNDATION IS TO BE A COMPREHENSIVE FOUNDATION THAT IS INTENTIONAL AND BOLDLY PROACTIVE IN EMBRACING OUR DONORS AND OUR COMMUNITY.WE BELIEVE THE DISTINCTIVE MISSION OF LEGACY REGIONAL COMMUNITY FOUNDATION IS TO GROW AREA PHILANTHROPIC AND NONPROFIT EFFORTS BY CONNECTING DONORS WITH CRITICAL NEEDS IN OUR COMMUNITY, INSTILLING INFORMED LEADERSHIP AND BUILDING ENDOWMENTS TO CREATE A STRONGER, HEALTHIER AND MORE PROSPEROUS REGION.

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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 $1,846,661
Program Service Revenue $95,758
Investment Income $281,530
Other Revenue $37,363
TOTAL REVENUE $2,261,312

Expense Breakdown

Grants Paid $883,427
Salaries & Benefits $112,768
Fundraising Expenses $10,715
Program Expenses $979,185
Other Expenses $162,433
TOTAL EXPENSES $1,158,628

Year-over-Year Comparison

2023 2022 Change
Revenue $2,261,312 $1,255,348 +0.8%
Expenses $1,158,628 $1,143,710 +0.0%
Net Income $1,102,684 $111,638 +8.9%
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

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Governance

Voting Members
11
Independent Members
11
Employees
2
Volunteers
33

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
5
$104,972
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MANDY CANNON CHAIR 1.00
Officer Director
$0 $0 $0
JILL KUEHNY VICE CHAIR 1.00
Officer Director
$0 $0 $0
KAREN ZELLER TREASURER 1.00
Officer Director
$0 $0 $0
DALE ADAMS BOARD MEMBER 1.00
Director
$0 $0 $0
ALEX GOTTLOB BOARD MEMBER 1.00
Director
$0 $0 $0
MADISON METZINGER BOARD MEMBER 1.00
Director
$0 $0 $0
KENDRA RILEY BOARD MEMBER 1.00
Director
$0 $0 $0
ZACH STOY BOARD MEMBER 1.00
Director
$0 $0 $0
KRIS TRIMMER BOARD MEMBER 1.00
Director
$0 $0 $0
LINDSAY WILKE BOARD MEMBER 1.00
Director
$0 $0 $0
RUSTY ZIMMERMAN BOARD MEMBER 1.00
Director
$0 $0 $0
YAZMIN WOOD CEO/EXECUTIVE DIRECTOR 50.00
Officer
$65,280 $1,958 $67,238
KATHY GRAEFF OPERATIONS DIRECTOR 50.00
Officer
$36,635 $1,099 $37,734
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 $2,261,312 $1,158,628 $10,937,285 $1,102,684
2022 $1,255,348 $1,143,710 $9,089,225 $111,638
2021 $2,273,299 $1,177,219 $10,247,571 $1,096,080
2020 $1,107,104 $842,824 $8,737,830 $264,280
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