LEGACY GLOBAL FOUNDATION
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$17,649,101
Contributions
82%
Other
17%
Investments
2%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$9,473,186
Grants
86%
Salaries & Benefits
8%
Fees to Service Providers
3%
Other
2%
Depreciation
<1%
Offices, Occupancy & IT
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$4,736,650
$14,419,583
+204%
Government Grants
$0
$0
-
Fundraising Events
$16,135
$0
-100%
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$292,445
$294,228
+1%
Other
$165,184
$2,935,290
+1677%
Total Revenues
$5,210,414
$17,649,101
+239%
Expenses
2023
2024
Change
Grants
$4,722,818
$8,148,994
+73%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,058,700
$718,026
-32%
Fees to Service Providers
$321,272
$321,843
+0%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$1,271
$14,694
+1056%
Interest
$0
$0
-
Depreciation
$5,760
$48,879
+749%
Other
$812,058
$220,750
-73%
Total Expenses
$6,921,879
$9,473,186
+37%
Net income
2023
2024
Change
Net income
-$1,711,465
+$8,175,915
-578%
Functional Expenses
Summary
2023
2024
Change
Program
$6,765,086
$8,807,652
+30%
Admin
$136,830
$665,534
+386%
Fundraising
$19,963
$0
-100%
Total Expenses
$6,921,879
$9,473,186
+37%
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