Legacy Family Network Foundation

EIN: 810922771 501(c)(3) Human Services

Owasso, OK

Total Revenue
$240,014
Total Expenses
$293,399
Total Assets
$178,863
Net Assets
$178,863
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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
2015
Legal Domicile
OK
Principal Officer
Melinda Ames
Phone
9182685235
Tax Period
2025-01-01 to 2025-12-31

Legacy Family Network Foundation, founded in 2015, is a small nonprofit in the Human Services sector that reported $240K in total revenue in fiscal year 2025. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $293K exceeded revenue, resulting in a 22% operating deficit.

Mission

Help children in foster and adoptive homes by connecting equipping and supporting the families who take care of them

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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 (2025)

Revenue Breakdown

Contributions & Grants $207,785
Program Service Revenue $0
Investment Income $2,279
Other Revenue $29,950
TOTAL REVENUE $240,014

Expense Breakdown

Grants Paid $66,810
Salaries & Benefits $160,252
Fundraising Expenses $9,400
Program Expenses $240,476
Other Expenses $66,337
TOTAL EXPENSES $293,399

Year-over-Year Comparison

2025 2024 Change
Revenue $240,014 $209,839 +0.1%
Expenses $293,399 $226,750 +0.3%
Net Income $-53,385 $-16,911 +2.2%
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
9
Independent Members
9
Employees
3
Volunteers
50

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
4
$53,790
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MELINDA AMES Executive Director 30.00
Officer
$53,790 $0 $53,790
CHARITY WENDT Board Chairman 1.00
Officer Director
$0 $0 $0
MATT BACCUS Board Member 1.00
Director
$0 $0 $0
PETER ALLEN Board Member 1.00
Director
$0 $0 $0
RACHEL ALLEN Treasurer 1.00
Officer Director
$0 $0 $0
SCOTT AMES Board Member 1.00
Director
$0 $0 $0
NEIL CUTSINGER Board Member 1.00
Director
$0 $0 $0
RICHIE LEBER Board Member 1.00
Director
$0 $0 $0
KATE LEBER Secretary 1.00
Officer Director
$0 $0 $0
KRISTA FRANKS Board Member 1.00
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
2025 $240,014 $293,399 $178,863 $-53,385
2024 No data No data No data No data
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