XReligion-RelatedEIN: 382776542· Ruling Year: 1989

Legatus

Ann Arbor, Michigan

B+Health Score
73B+

Financial Health Score

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

Good

💰
$6.6M
Total Revenue
📊
$5.5M
Total Expenses
🏦
$2.6M
Net Assets
📋
$5.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+13.5%
Year-over-year change (2021 → 2022)
Net Margin
+16.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.48
Net assets divided by total expenses
Liabilities-to-Assets
67.0%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2022$6,647,32914%$5,540,9441%$7,998,46917%
2021$5,856,04512%$5,474,13914%$6,863,62536%
2020$5,245,2552%$4,822,53510%$5,052,21625%
2019$5,343,7777%$5,330,2978%$6,712,85518%
2018$5,015,51221%$5,777,20811%$5,675,58412%
2017$6,319,91221%$6,461,38316%$6,475,18231%
2016$5,243,3111%$5,590,2737%$4,943,46412%
2015$5,180,14512%$5,229,41513%$5,592,51713%
2014$4,611,9466%$4,637,5016%$4,933,7526%
2013$4,339,6364%$4,375,5581%$4,658,4093%
2012$4,498,96014%$4,403,24315%$4,502,63915%
2011$3,938,883$3,823,885$3,928,939

Frequently Asked Questions

What does Legatus do?

Legatus is a religion-related nonprofit organization based in Michigan. It is classified under NTEE code X22Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Legatus financially healthy?

Based on our 9-metric Financial Health Score model, Legatus has a score of 73/100 (Grade: B+). 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 Legatus generate?

Legatus reports $7.3M in annual revenue and holds $11.4M in total assets, based on IRS filings.

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