Liquid Legacy

EIN: 832112466 501(c)(3) Religion

Memphis, TN

Total Revenue
$383,008
Total Expenses
$409,630
Total Assets
$30,982
Net Assets
$29,425
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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
2018
Legal Domicile
TN
Principal Officer
Petrus Strydom
Phone
9014874941
Tax Period
2024-01-01 to 2024-12-31

Liquid Legacy, founded in 2018, is a small nonprofit in the Religion sector that reported $383K in total revenue in fiscal year 2024.

Mission

We help ordinary people become extraordinary agents of change through sharing resourses, serving the underprivileged, and loving our global neighbors as ourselves.

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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 (2024)

Revenue Breakdown

Contributions & Grants $382,381
Program Service Revenue $0
Investment Income $0
Other Revenue $627
TOTAL REVENUE $383,008

Expense Breakdown

Grants Paid $251,520
Salaries & Benefits $114,273
Fundraising Expenses $6,324
Program Expenses $403,306
Other Expenses $43,837
TOTAL EXPENSES $409,630

Year-over-Year Comparison

2024 2023 Change
Revenue $383,008 $383,181 0.0%
Expenses $409,630 $399,718 +0.0%
Net Income $-26,622 $-16,537 +0.6%
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

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Governance

Voting Members
6
Independent Members
4
Employees
2
Volunteers
120

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
$84,381
Total Directors
0
$0
Key Employees
1
$27,111
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Petrus Strydom President 40.00
Officer Highest
$69,122 $15,259 $84,381
Susan Strydum Secretary 40.00
Key Emp
$27,111 $0 $27,111
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 $383,008 $409,630 $30,982 $-26,622
2023 $383,181 $399,718 $60,819 $-16,537
2022 $345,692 $342,164 $72,584 $3,528
2019 $332,811 $215,132 $117,825 $117,679
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