X — Religion-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$6,647,329↑14%$5,540,944↑1%$7,998,469↑17%
2021$5,856,045↑12%$5,474,139↑14%$6,863,625↑36%
2020$5,245,255↓2%$4,822,535↓10%$5,052,216↓25%
2019$5,343,777↑7%$5,330,297↓8%$6,712,855↑18%
2018$5,015,512↓21%$5,777,208↓11%$5,675,584↓12%
2017$6,319,912↑21%$6,461,383↑16%$6,475,182↑31%
2016$5,243,311↑1%$5,590,273↑7%$4,943,464↓12%
2015$5,180,145↑12%$5,229,415↑13%$5,592,517↑13%
2014$4,611,946↑6%$4,637,501↑6%$4,933,752↑6%
2013$4,339,636↓4%$4,375,558↓1%$4,658,409↑3%
2012$4,498,960↑14%$4,403,243↑15%$4,502,639↑15%
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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