Form 990 for tax year 2022
Filed by LEGACY TRUST OF MARIANNA FLORIDA.
Totals
- Total revenue
- $1,413,833
- Total expenses
- $362,555
- Contributions and grants received
- $1,404,368
- Grants paid
- $327,167
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $9,465
- Total assets, end of year
- $1,828,977
- Total liabilities, end of year
- $402
- Net assets or fund balances, end of year
- $1,828,575
- Program services expenses (Part IX)
- $348,715
- Management and general expenses
- $13,840
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $348,715
Program services were 96.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$1,404,368
-
6a · Gross rents
real property $27,800
-
6b · Less rental expenses
real property $18,335
-
6c · Rental income or loss
real property $9,465
-
6d · Net rental income or loss
total $9,465 · related or exempt $9,465
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $21,697 · program services $21,697
-
3 · Grants to foreign organizations and individuals
total $305,470 · program services $305,470
-
7 · Other salaries and wages
total $16,243 · program services $16,243
-
10 · Payroll taxes
total $1,303 · program services $1,303
-
11c · Fees: accounting
total $2,682 · management and general $2,682
-
13 · Office expenses
total $770 · management and general $770
-
16 · Occupancy
total $813 · program services $813
-
22 · Depreciation, depletion and amortization
total $10,388 · management and general $10,388
-
24a · Other expenses: WIRE TRANSFER/INCOMING
total $2,035 · program services $2,035
-
24b · Other expenses: TELEPHONE, TELECOMMUNIC
total $897 · program services $897
-
24c · Other expenses: TAXES
total $187 · program services $187
-
24d · Other expenses: BUSINESS EXPENSES
total $70 · program services $70
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $777,296 · end of year $619,896
-
4 · Accounts receivable
beginning of year $0 · end of year $104,634
-
10a · Land, buildings and equipment: cost or other basis
$1,114,835
-
10b · Land, buildings and equipment: accumulated depreciation
$10,388
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $1,104,447
-
17 · Accounts payable and accrued expenses
beginning of year $0 · end of year $402
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $0 · end of year $0
Mission and programs · 2022
Mission
THE PURPOSE OF LEGACY TRUST IS TO PROVIDE CHRISTIANS WITH THE SAME AND MEANINGFUL OPPORTUNITIES TO FURTHER THE GOSPEL MESSAGE THROUGH THE ENCOURAGEMENT AND SUPPORT OF DOMESTIC & FOREIGN MISSIONARIES, MINISTER, MINISTRIES & BELIEVERS IN THEIR WORK TO REACH THE WORLD OF CHRIST.
Activities or mission (Part I)
THE PURPOSE OF LEGACY TRUST IS TO PROVIDE CHRISTIANS WITH THE SAME AND MEANINGFUL OPPORTUNITIES TO FURTHER THE GOSPEL MESSAGE THROUGH THE ENCOURAGEMENT AND SUPPORT OF DOMESTIC & FOREIGN MISSIONARIES, MINISTER, MINISTRIES & BELIEVERS IN THEIR WORK TO REACH THE WORLD OF CHRIST. LEGACY TRUST PROVIDES SUCH SUPPORT THROUGH DIRECT ASSISTANCE AND THROUGH GRANTS AND CONTRIBUTIONS TO HELP OTHER LIKE-MINDED ENTITIES CARRYOUT THEIR MISSIONS.
-
PROVIDED ASSISTANCE TO 500+ INDIVIDUALS & NONPROFIT ORGANIZATIONS IN NEED OF MONETARY RELIEF ACROSS JACKSON COUNTY, FLORIDA THROUGH DIRECT SUPPORT AND GRANTS & CONTRIBUTIONS .
Expenses $348,715 · Grants $327,167 · Revenue $9,465
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Harry Michael Turner JrHARRY MICHAEL TURNER JR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Christopher Silas ZiglarCHRISTOPHER SILAS ZIGLAR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Michael B GriffinMICHAEL B GRIFFIN
EXECUTIVE DIRECTOR
- Total calculated
- $0
- Hours/week
- 15
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 20 September 2023
- IRS schema version
- 2022v5.0
- Source object
- 202342769349300739
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