X โ€” Religion-RelatedEIN: 382776542ยท 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

๐Ÿ’ฐ
$6.6M
Total Revenue
๐Ÿ“Š
$5.5M
Total Expenses
๐Ÿฆ
$2.6M
Net Assets
๐Ÿ“‹
$5.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+13.5%
Year-over-year change (2021 โ†’ 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$6,647,329โ†‘14%$5,540,944โ†‘1%$7,998,469โ†‘17%
2021$5,856,045โ†‘12%$5,474,139โ†‘14%$6,863,625โ†‘36%
2020$5,245,255โ†“2%$4,822,535โ†“10%$5,052,216โ†“25%
2019$5,343,777โ†‘7%$5,330,297โ†“8%$6,712,855โ†‘18%
2018$5,015,512โ†“21%$5,777,208โ†“11%$5,675,584โ†“12%
2017$6,319,912โ†‘21%$6,461,383โ†‘16%$6,475,182โ†‘31%
2016$5,243,311โ†‘1%$5,590,273โ†‘7%$4,943,464โ†“12%
2015$5,180,145โ†‘12%$5,229,415โ†‘13%$5,592,517โ†‘13%
2014$4,611,946โ†‘6%$4,637,501โ†‘6%$4,933,752โ†‘6%
2013$4,339,636โ†“4%$4,375,558โ†“1%$4,658,409โ†‘3%
2012$4,498,960โ†‘14%$4,403,243โ†‘15%$4,502,639โ†‘15%
2011$3,938,883$3,823,885$3,928,939

Frequently Asked Questions

What does Legatus do?โ–ผ

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?โ–ผ

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?โ–ผ

Legatus reports $7.3M in annual revenue and holds $11.4M in total assets, based on IRS filings.

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Legatus โ€” Ann Arbor, MI | GiveScope