The Legacy Foundation
- Assets
- $14.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 05/2006
- Data as of
- 12/2022
- EIN
- 20-4557510
Organization Overview
The Legacy Foundation is located in New York, NY. The organization was established in 2006. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Legacy Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Legacy Foundation generated $9.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (48.4%) each year. All expenses for the organization totaled $14.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (42.7%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
COVID TEST DISTRIBUTION PROGRAM: THE ORGANIZATION PROVIDED COVID TESTS AND RELATED MATERIALS, INCLUDING MASKS AND ANTIBACTERIAL WIPES, TO A LARGE SPECTRUM OF OUR DISADVANTAGED NEIGHBORS. THE ORGANIZATION TOOK CARE TO PROVIDE SUPPORT TO NEEDY INDIVIDUALS OF EVERY RACE, GENDER, SEXUAL IDENTITY, AND SEXUAL ORIENTATION. WITH TESTS AND MATERIALS PROVIDED THROUGHOUT THE YEAR, OVER 600 INDIVIDUALS RECEIVED DIRECT SUPPORT. THE GOAL OF THIS PROGRAM WAS TO PROVIDE POTENTIALLY LIFE-SAVING ITEMS TO THE NEEDIEST MEMBERS OF OUR COMMUNITY SO AS TO HELP IN STOPPING THE SPREAD OF COVID-19; THEREBY SAVING LIVES AND ENSURING THE HEALTH OF THE COMMUNITIES IN WHICH WE LIVE AND WORK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anthony Clemenza Executive Director | 5 | $6,001 | |
Corinne Giaccone Director | 0.01 | $0 | |
Desiree Balducci Director | 0.01 | $0 | |
Philip Clemenza Director | 0.01 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,377 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $9,377 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $6,001 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $1,200 |
| Printing, publications, postage, and shipping | $27 |
| Other expenses | $2,769 |
| Total expenses | $14,337 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $13,988 |
| Other assets | $0 |
| Total assets | $13,988 |
| Total liabilities | $0 |
| Net assets or fund balances | $13,988 |