Legatus
- Assets
- $84.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ann Arbor, MI
- Founding
- 09/1989
- Data as of
- 12/2023
- EIN
- 31-1465223
Organization Overview
Legatus is located in Ann Arbor, MI. The organization was established in 1989. According to its NTEE Classification (S05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Community Improvement & Capacity Building 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 12/2023, Legatus generated $54.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.1%) each year. All expenses for the organization totaled $76.4k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.4%) 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
2023
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 |
|---|---|---|---|
Tim Skidmore President | 3 | $0 | |
Mark Newsome Treasurer | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,865 |
| Total Program Service Revenue | $0 |
| Membership dues | $51,366 |
| Investment income | $7 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $54,238 |
| 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 | $15,597 |
| Occupancy, rent, utilities, and maintenance | $75 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $60,699 |
| Total expenses | $76,371 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $84,300 |
| Other assets | $0 |
| Total assets | $84,300 |
| Total liabilities | $0 |
| Net assets or fund balances | $84,300 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Columbus Partnership Columbus, OH | $6,818,232 | $9,954,880 |
Association For Financial Counselling & Plg Education Usa Westerville, OH | $3,513,341 | $2,815,914 |
Uwm Research Foundation Inc Milwaukee, WI | $3,912,892 | $743,682 |
Coatings Research Group Inc Berea, OH | $1,302,672 | $1,306,068 |
Ohio Mechanical Contracting Industry Legislative Liaison Commi Dayton, OH | $363,099 | $309,559 |
Action Tank Usa Cincinnati, OH | $108,753 | $226,709 |
Legatus Ann Arbor, MI | $125,427 | $0 |
Legatus Ann Arbor, MI | $32,267 | $0 |
Legatus Ann Arbor, MI | $67,388 | $0 |
Legatus Ann Arbor, MI | $100,963 | $0 |
Legatus Ann Arbor, MI | $84,300 | $0 |
Legatus Milwaukee, WI | $51,864 | $0 |
Legatus Ann Arbor, MI | $76,660 | $0 |
Michigan Home And Community Services Network Taylor, MI | $190,779 | $0 |
Legatus Ann Arbor, MI | $38,021 | $0 |
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Chamber Of Commerce Of St Joseph Co Foundation Inc South Bend, IN | $188,976 | $0 |
Wisconsin Economic Development Institute Inc Madison, WI | $43,137 | $0 |
Tejara Dearborn, MI | $201,944 | $0 |
Mind Management Research Foundation Inc Ashville, OH | $0 | $0 |