Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $58,416

• 2a · Program service revenue: MANAGEMENT FEES FROM RELATED ENTITIES

  total $3,566,105 · related or exempt $3,566,105

• 2f · All other program service revenue

  total $40 · related or exempt $40 · unrelated business $0 · excluded $0

• 3 · Investment income

  total $135 · excluded $135

• 6c · Rental income or loss

  real property $0 · personal property $0

• 7c · Gain or loss

  securities $0 · other assets $0

• 11d · All other revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 11e · Other revenue, total

  $0

Functional expenses

Part IX, the statement of functional expenses.

• 4 · Benefits paid to or for members

  total $0 · program services $0

• 5 · Compensation of officers, directors and key employees

  total $1,426,120 · program services $1,328,884 · management and general $97,236

• 6 · Compensation of disqualified persons

  total $130,199 · program services $121,322 · management and general $8,877

• 7 · Other salaries and wages

  total $967,461 · program services $901,498 · management and general $65,963

• 8 · Pension plan contributions

  total $112,378 · program services $104,716 · management and general $7,662

• 9 · Other employee benefits

  total $139,260 · program services $129,765 · management and general $9,495

• 10 · Payroll taxes

  total $322,217 · program services $300,248 · management and general $21,969

• 11b · Fees: legal

  total $34,309 · management and general $34,309

• 11c · Fees: accounting

  total $8,300 · management and general $8,300

• 11f · Fees: investment management

  total $57,818 · management and general $57,818

• 11g · Fees: other

  total $33,346 · program services $31,072 · management and general $2,274 · fundraising $0

• 12 · Advertising and promotion

  total $25,992 · program services $24,220 · management and general $1,772

• 13 · Office expenses

  total $31,794 · program services $29,626 · management and general $2,168

• 14 · Information technology

  total $51,840 · program services $48,305 · management and general $3,535

• 17 · Travel

  total $17,319 · program services $16,138 · management and general $1,181

• 19 · Conferences, conventions and meetings

  total $46,526 · program services $43,354 · management and general $3,172

• 22 · Depreciation, depletion and amortization

  total $33,011 · program services $30,760 · management and general $2,251

• 23 · Insurance

  total $81,486 · program services $75,930 · management and general $5,556

• 24a · Other expenses: DUES AND LICENSES

  total $49,911 · program services $46,508 · management and general $3,403

• 24b · Other expenses: EMPLOYEE RELATIONS

  total $44,077 · program services $41,072 · management and general $3,005

• 24c · Other expenses: BANK CHARGES & OTHER FEES

  total $24,298 · program services $22,641 · management and general $1,657

• 24d · Other expenses: STORAGE FEES

  total $5,989 · program services $5,581 · management and general $408

• 24e · All other expenses

  total $16,405 · program services $15,286 · management and general $1,119 · fundraising $0

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $48,102 · end of year $436,143

• 4 · Accounts receivable

  beginning of year $416,027 · end of year $0

• 5 · Loans and receivables from officers and key people

  beginning of year $0 · end of year $0

• 6 · Loans and receivables from disqualified persons

  beginning of year $0 · end of year $0

• 9 · Prepaid expenses and deferred charges

  beginning of year $61,809 · end of year $89,449

• 10a · Land, buildings and equipment: cost or other basis

  $729,101

• 10b · Land, buildings and equipment: accumulated depreciation

  $707,613

• 10c · Land, buildings and equipment, net

  beginning of year $113,779 · end of year $21,488

• 11 · Investments: publicly traded securities

  beginning of year $53,987 · end of year $109,320

• 12 · Investments: other securities

  beginning of year $0

• 13 · Investments: program-related

  beginning of year $0

• 15 · Other assets

  beginning of year $231,418 · end of year $31,231

• 17 · Accounts payable and accrued expenses

  beginning of year $347,297 · end of year $383,125

• 22 · Loans and payables to officers and key people

  beginning of year $0 · end of year $0

• 25 · Other liabilities

  beginning of year $237,959 · end of year $0

• 27 · Net assets without donor restrictions

  beginning of year $339,866 · end of year $304,506

The filer's explanations (Part III)

SCHEDULE J, PART I, LINE 4B SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN

THE 457(F) IS A DEFERRED COMPENSATION PLAN THAT ALLOWS LEGACY TO CONTRIBUTE MONEY INTO INVESTMENTS THAT PROVIDE KEY EXECUTIVES WITH A RETIREMENT BENEFIT. MELISSA ORTH PARTICIPATES IN THE 457(F) PLAN AND $54,000 WAS DEFERRED FOR CALENDAR YEAR 2024.