Legatus
- Assets
- $41.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ann Arbor, MI
- Founding
- 09/1989
- Data as of
- 12/2022
- EIN
- 20-3157101
Organization Overview
Legatus is located in Ann Arbor, MI. The organization was established in 1989. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Legatus 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, Legatus generated $92.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $81.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.3%) per year over the past 7 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
TO STUDY, LIVE AND SPREAD THE CATHOLIC FAITH IN OUR BUSINESS, PROFESSIONAL AND PERSONAL LIVES. LOCAL CHAPTER OF LEGATUS HOLDS MONTHLY MEETINGS WHERE INDIVIDUALS SPEAK ON DEVELOPING ETHICAL PRACTICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Todd Heyne Vice President | 1 | $0 | |
Tim Andreasen President | 3 | $0 | |
Robert Downey Treasurer | 3 | $0 | |
Alan Slattery Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,558 |
| Total Program Service Revenue | $0 |
| Membership dues | $76,244 |
| Investment income | $209 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $92,011 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $22,140 |
| Occupancy, rent, utilities, and maintenance | $1,100 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $58,433 |
| Total expenses | $81,673 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $41,728 |
| Other assets | $0 |
| Total assets | $41,728 |
| Total liabilities | $0 |
| Net assets or fund balances | $41,728 |
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