Legatus
- Assets
- $94.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ann Arbor, MI
- Founding
- 09/1989
- Data as of
- 12/2021
- EIN
- 47-3169135
Organization Overview
Legatus is located in Ann Arbor, MI. The organization was established in 1989. According to its NTEE Classification (W20) the organization is classified as: Government & Public Administration, under the broad grouping of Public & Societal Benefit 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 12/2021, Legatus generated $61.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (8.1%) each year. All expenses for the organization totaled $76.7k during the year ending 12/2021. 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
2021
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 |
|---|---|---|---|
Kim Sarros Vice President | 5 | $0 | |
Mark Sarros President | 5 | $0 | |
Patrick Kelly Treasurer | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $61,386 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $61,386 |
| 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 | $24,449 |
| Occupancy, rent, utilities, and maintenance | $1,052 |
| Printing, publications, postage, and shipping | $1,036 |
| Other expenses | $50,186 |
| Total expenses | $76,723 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $94,397 |
| Other assets | $0 |
| Total assets | $94,397 |
| Total liabilities | $0 |
| Net assets or fund balances | $94,397 |
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