LIVING LEGENDS FOUNDATION (EIN 954419514) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1993

Legal Domicile

Principal Officer

DAVID LINTON

Phone

2135951835

Tax Period

2024-01-01 to 2024-12-31

LIVING LEGENDS FOUNDATION, founded in 1993, is a small nonprofit in the Human Services sector that reported $229K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $219K left a modest 4% surplus.

Mission

TO HONOR AND ASSIST LEGENDARY PERSONS OF THE MUSIC INDUSTRY

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $212,928

Program Service Revenue $0

Investment Income $9,946

Other Revenue $5,885

TOTAL REVENUE $228,759

Expense Breakdown

Grants Paid $30,772

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $168,707

Other Expenses $188,041

TOTAL EXPENSES $218,813

Year-over-Year Comparison

	2024	2023	Change
Revenue	$228,759	$209,879	+0.1%
Expenses	$218,813	$212,700	+0.0%
Net Income	$9,946	$-2,821	-4.5%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID LINTON	CHAIRMAN	9.00	Officer	$0	$0	$0
CECELIA EVANS	TREASURER	2.00	Officer	$0	$0	$0
AZIM RASHID	PRESIDENT	8.00	Officer	$0	$0	$0
SKIP DILLARD	VICE PRESIDENT	6.00	Officer	$0	$0	$0
PATRICIA SHIELDS	SECRETARY	6.00	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	$228,759	$218,813	$597,206	$9,946
2023	$209,879	$212,700	$585,489	$-2,821
2022	$331,533	$212,726	$580,875	$118,807
2021	$148,442	$72,340	$478,822	$76,102
2020	$253,377	$28,342	$403,935	$225,035
2019	$165,147	$137,371	$174,903	$27,776
2018	$113,583	$119,025	$139,944	$-5,442

LIVING LEGENDS FOUNDATION