S โ€” Community Improvement & Capacity BuildingEIN: 271033434ยท Ruling Year: 2010

The Legacy Center Community Development Corporation

Glendale, New York

FHealth Score
24F

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Critical

๐Ÿ’ฐ
$1.3M
Total Revenue
๐Ÿ“Š
$1.3M
Total Expenses
๐Ÿฆ
-$15K
Net Assets
๐Ÿ“‹
$964K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-13.1%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-1.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
-0.01
Net assets divided by total expenses
Liabilities-to-Assets
101.6%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$1,329,484โ†“13%$1,349,302โ†“16%$949,403โ†‘1384%
2022$1,530,506โ†“55%$1,607,323โ†“53%$63,961โ†“38%
2021$3,374,071โ†‘1254%$3,399,063โ†‘1451%$102,483โ†“8%
2020$249,116โ†“55%$219,091โ†“61%$111,798โ†‘29%
2019$558,386โ†“28%$561,894โ†“30%$86,609โ†“5%
2018$780,353โ†‘20%$798,863โ†‘4%$91,623โ†“44%
2017$649,371โ†“7%$765,625โ†‘4%$162,856โ†“26%
2016$696,059โ†“21%$739,102โ†“11%$219,595โ†“17%
2015$886,617โ†“21%$827,683โ†“55%$264,738โ†‘21%
2014$1,126,860โ†“76%$1,859,812โ†“75%$219,468โ†“77%
2013$4,625,022โ†‘73%$7,545,611โ†‘232%$970,926โ†‘119%
2012$2,668,268โ†‘913%$2,271,409โ†‘724%$444,352โ†‘508%
2011$263,328$275,636$73,120

Frequently Asked Questions

What does The Legacy Center Community Development Corporation do?โ–ผ

The Legacy Center Community Development Corporation is a community improvement & capacity building nonprofit organization based in New York. It is classified under NTEE code S20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is The Legacy Center Community Development Corporation financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, The Legacy Center Community Development Corporation has a score of 24/100 (Grade: F). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does The Legacy Center Community Development Corporation generate?โ–ผ

The Legacy Center Community Development Corporation reports $2.3M in annual revenue and holds $866K in total assets, based on IRS filings.

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The Legacy Center Community Development Corporation โ€” Glendale, NY | GiveScope