Legacy Trust of Marianna FL Inc (EIN 842046688) - 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

2019

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

Legacy Trust of Marianna FL Inc, founded in 2019, is a community nonprofit in the Religion sector that reported $2.3M in total revenue in fiscal year 2023. Revenue surged 60% from the prior year, signaling strong growth momentum. Expenses of $1.9M left a modest 15% surplus.

Mission

Further the gospel message through the encouragement and support of domestic & foreign missionaries, minister, ministries & believers in their work to reach the world of Christ. Legacy Trust provides support through direct assistance, grants & contributions

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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 $2,259,770

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $2,259,770

Expense Breakdown

Grants Paid $1,884,889

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,884,889

Other Expenses $40,513

TOTAL EXPENSES $1,925,402

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,259,770	$1,413,833	+0.6%
Expenses	$1,925,402	$362,555	+4.3%
Net Income	$334,368	$1,051,278	-0.7%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Christoper S Ziglar	Director	2.00	Director	$0	$0	$0
Harry M Turner Jr	Director	2.00	Director	$0	$0	$0
Michael B Griffin	Executive Director	15.00	Officer	$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	$2,259,770	$1,925,402	$2,399,846	$334,368
2022	$1,413,833	$362,555	$1,828,977	$1,051,278
2021	$992,975	$265,000	$777,296	$727,975

Legacy Trust of Marianna FL Inc