THE LEGACY SENIOR COMMUNITIES FOUNDATION (EIN 752411609) - 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

1990

Legal Domicile

Phone

9724686176

Tax Period

2023-10-01 to 2024-09-30

THE LEGACY SENIOR COMMUNITIES FOUNDATION, founded in 1990, is a community nonprofit in the Animal-Related sector that reported $2.7M in total revenue in fiscal year 2023. Revenue fell 67% from the prior year — a significant decline worth monitoring. Expenses of $2.5M left a modest 5% surplus.

Mission

RAISE FUNDS FOR CREATION AND CONTINUATION OF AN ENDOWMENT. INVEST RAISED FUNDS. DISTRIBUTE FUNDS TO ENHANCE AFFILIATES' ABILITY TO PROVIDE A CONTINUUM OF CARE.

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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 $1,892,014

Program Service Revenue $0

Investment Income $1,117,057

Other Revenue $-357,930

TOTAL REVENUE $2,651,141

Expense Breakdown

Grants Paid $2,234,627

Salaries & Benefits $182,000

Fundraising Expenses $112,786

Program Expenses $2,234,627

Other Expenses $103,242

TOTAL EXPENSES $2,519,869

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,651,141	$8,100,029	-0.7%
Expenses	$2,519,869	$2,590,053	0.0%
Net Income	$131,272	$5,509,976	-1.0%

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

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

$1,068,589

Total Directors

$791,125

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MELISSA ORTH	PRESIDENT/CEO	4.0	Officer Director	$0	$72,076	$791,125
SANDY KAUFMAN	CHAIR	1.0	Officer Director	$0	$0	$0
Amy Korenvaes	TRUSTEE	1.0	Director	$0	$0	$0
BRADLEY LAYE	TRUSTEE	1.0	Director	$0	$0	$0
CAROL AARON	TRUSTEE	1.0	Director	$0	$0	$0
Cindy Spechler	TRUSTEE	1.0	Director	$0	$0	$0
DAN PRESCOTT	TRUSTEE	1.0	Director	$0	$0	$0
HELENE RUDBERG	TRUSTEE	1.0	Director	$0	$0	$0
IRVING PRENGLER	TRUSTEE	1.0	Director	$0	$0	$0
JACK BAUM	TRUSTEE	1.0	Director	$0	$0	$0
JEFF RASANSKY	TRUSTEE	1.0	Director	$0	$0	$0
Linda garner	TRUSTEE	1.0	Director	$0	$0	$0
Nate Levine	TRUSTEE	1.0	Director	$0	$0	$0
NEIL RUBINSTEIN	TRUSTEE	1.0	Director	$0	$0	$0
Sandy Donsky	TRUSTEE	1.0	Director	$0	$0	$0
STUART MORSE	TRUSTEE	1.0	Director	$0	$0	$0
SUSIE CARP	TRUSTEE	1.0	Director	$0	$0	$0
MICHAEL KANE	SECRETARY	1.0	Officer	$0	$0	$0
SCOTT SNORTON	CFO START: 7/2024	5.0	Officer	$0	$0	$0
TERRY PURCHAL	CFO END: 5/2024	5.0	Officer	$0	$21,679	$277,464
ANDREA STATMAN	SR DIRECTOR OF DEVELOPMENT	20.0	Highest	$0	$2,177	$147,520

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	$2,651,141	$2,519,869	$23,239,808	$131,272
2023	$8,100,029	$2,590,053	$22,285,661	$5,509,976
2022	$3,127,909	$2,523,807	$17,375,162	$604,102
2021	$2,517,698	$1,956,730	$19,263,667	$560,968
2019	$516,864	$702,759	$17,403,828	$-185,895
2018	$492,200	$380,283	$14,771,863	$111,917

THE LEGACY SENIOR COMMUNITIES FOUNDATION