Civic Intelligence

Legado Inc.

990 • Fiscal year 2020 • EIN 82-2030366

Jan 01, 2020 to Dec 31, 2020 • Filed on May 10, 2021

PO Box 173Jackson, NH 03846

(970) 290-7822

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

64th percentile

0.02x

Higher debt load relative to assets than 64% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

64th percentile

0.02x

Higher debt load relative to revenue than 64% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

38th percentile

-1.1%

Higher net margin than 38% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

99th percentile

$162,367

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 34.7% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

39th percentile

-1.4%

Faster asset growth than 39% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

37th percentile

-29%

Faster revenue growth than 37% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$475,200

Down $6,850 (-1.4%) from 2019

Net Assets

Down

$467,969

Down $5,213 (-1.1%) from 2019

Liabilities

Down

$7,231

Down $1,637 (-18%) from 2019

Revenue

Down

$467,806

Down $186,998 (-29%) from 2019

Expenses

Up

$473,019

Up $186,073 (+65%) from 2019

Net Income

Down

-$5,213

Down $373,071 (-101%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0M$1.5M$1.0M$500K$0Assets 2017: $17,462Liabilities 2017: $924Net Assets 2017: $16,5382017Assets 2018: $111,046Liabilities 2018: $5,722Net Assets 2018: $105,3242018Assets 2019: $482,050Liabilities 2019: $8,868Net Assets 2019: $473,1822019Assets 2020: $475,200Liabilities 2020: $7,231Net Assets 2020: $467,9692020Assets 2021: $555,888Liabilities 2021: $32,400Net Assets 2021: $523,4882021Assets 2022: $340,341Liabilities 2022: $71,604Net Assets 2022: $268,7372022Assets 2023: $846,031Liabilities 2023: $67,093Net Assets 2023: $778,9382023Assets 2024: $1,521,746Liabilities 2024: $89,294Net Assets 2024: $1,432,4522024

Highlighted filing

2020

Assets$475,200
Liabilities$7,231
Net Assets$467,969

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2017: $33,546Expenses 2017: $17,008Net Income 2017: $16,5382017Revenue 2018: $376,299Expenses 2018: $287,513Net Income 2018: $88,7862018Revenue 2019: $654,804Expenses 2019: $286,946Net Income 2019: $367,8582019Revenue 2020: $467,806Expenses 2020: $473,019Net Income 2020: -$5,2132020Revenue 2021: $807,224Expenses 2021: $751,705Net Income 2021: $55,5192021Revenue 2022: $704,454Expenses 2022: $959,205Net Income 2022: -$254,7512022Revenue 2023: $1,428,623Expenses 2023: $918,422Net Income 2023: $510,2012023Revenue 2024: $2,117,777Expenses 2024: $1,464,263Net Income 2024: $653,5142024

Highlighted filing

2020

Revenue$467,806
Expenses$473,019
Net Income-$5,213
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 10, 2021
Return Version
2020v4.1
Gross Receipts
$473,944
Mission and Program Overview

Mission

The organization works to protect the world's most threatened mountain ecosystems by empowering the people who call them home.

Legado helps secure thriving futures for both people and the wild places they call home.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$482,050$273,252▼ $208,798
Savings and Temporary Cash Investments-$201,948-
Total Assets$482,050$475,200▼ $6,850
Liabilities
Other Liabilities$8,868$7,231▼ $1,637
Total Liabilities$8,868$7,231▼ $1,637
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$473,182$467,969▼ $5,213
Total Net Assets Fund Balance$473,182$467,969▼ $5,213
Total Liabilities and Net Assets / Fund Balance$482,050$475,200▼ $6,850
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Maria Majka BurhardtExecutive DirectorFT$100,715$61,652$162,367

Board Members and Trustees

NameTitle
Marguerite GardinerPresident
Dan SarlesDirector
Seid AmanMember
Pete VorbrichSecretary
Eric LundgrenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$465,659
Program Service Revenue
$0
Investment Income
$2,147
Other Revenue
$0
All Other Contributions
$432,359
Change in Net Assets
$-5,213
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$246,346
Salaries, Compensation, and Employee Benefits$226,673
Total Fundraising Expense$1,171
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$91,651$9,064-$100,715
Other Salaries and Wages$59,081$6,426-$65,507
Other Employee Benefits$40,859$4,526-$45,385
All Other Expenses$17,767$275$1,171$19,213
Payroll Taxes$13,746$1,320-$15,066
Information Technology$12,852$1,141-$13,993
Travel$10,501$46-$10,547
Fees for Services Accounting$7,217$1,663-$8,880
Insurance$5,016$2,019-$7,035
Other Expenses$5,000--$5,000
Office Expenses$2,949$88-$3,037
Fees for Services Legal$1,103$123-$1,226
Occupancy$99--$99
Total Functional Expenses$445,157$26,691$1,171$473,019
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Card Payable$7,231
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The executive director reviewed a draft of the form 990 with the president of the board and the treasurer, and subsequently provided edits to the tax preparer. Thereafter, the form 990 was sent to the full board of directors prior to being filed with the irs.

Form 990, Part VI, Section B, Line 12C

The purpose of legado's conflict of interest policy is to protect the interest of legado when it is contemplating entering into a transaction or arrangement that might benefit the private interest of an officer or member of the board of directors of the corporation or might result in a possible excess benefit transaction, and to ensure that the corporation operates in a manner consistant with its charitable purpose. The conflict of interest policy is provided to and applies to all directors, officers, and employees. The conflict of interest policy is reviewed with the board, and each member of the board affirms compliance therewithin, on an annual basis.

Form 990, Part VI, Section B, Line 15A

Members of the board of directors review the compensation of the executive director annually in accordance with irs rules and regulations. Compensation data from the industry sources for other organizations in the international development sector is secured in order to determine competitiveness and appropriateness of the executive director's salary. Additional considerations weighed by the board include benefits provided by comparable organizations, the executive director's performance, and the cost of replacing the executive director. Every effort is made to ensure that the process is thorough and transparent in accordance with irs guidelines and the organization's policies.

Form 990, Part VI, Section C, Line 19

No other documents are available to the public.

Filing and Contact Details

Filer

Filer Name
Legado Inc
EIN
82-2030366
Phone
9702907822
Address
PO BOX 173, JACKSON, NH 03846

Signing Officer

Name
Maria Majka Burhardt
Title
Executive Director
Phone
9702907822
Signed
2021-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Maria Majka Burhardt
Formed
2017
Legal Domicile
Nh
Voting Board Members
6
Independent Board Members
5
Employees
2
Volunteers
1

Preparer

Firm
Haley & Woods Llp
Address
4220 CAHABA HEIGHTS COURT, BIRMINGHAM, AL 35243
Preparer
Jessica Woods
Phone
2052771529
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2

Legado: mathews began in 2020 and is a collaboration between legado, the northern rangelands trust (nrt), and the namunyak community conservancy group, whose conservancies are home to samburu pastoralists and the mathews mountain range, one of the largest remaining tracts of forest in northern kenya. Legado: mathews is working to secure thriving futures across an array of interdependent programming. Global program development: legado's program creating new partnerships with local organizations to use the legado model in countries around the world.

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IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt07231
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CREDIT CARD PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalLiabilityAmt07231
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt019500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt042152
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MARIA MAJKA BURHARDT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0162367
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0THE EXECUTIVE DIRECTOR'S COMPENSATION IS APPROVED BY THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS USES COMPENSATION DATA FROM INDUSTRY SOURCES TO DETERMINE APPROPRIATE COMPENSATION.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LEGADO: MATHEWS BEGAN IN 2020 AND IS A COLLABORATION BETWEEN LEGADO, THE NORTHERN RANGELANDS TRUST (NRT), AND THE NAMUNYAK COMMUNITY CONSERVANCY GROUP, WHOSE CONSERVANCIES ARE HOME TO SAMBURU PASTORALISTS AND THE MATHEWS MOUNTAIN RANGE, ONE OF THE LARGEST REMAINING TRACTS OF FOREST IN NORTHERN KENYA. LEGADO: MATHEWS IS WORKING TO SECURE THRIVING FUTURES ACROSS AN ARRAY OF INTERDEPENDENT PROGRAMMING. GLOBAL PROGRAM DEVELOPMENT: LEGADO'S PROGRAM CREATING NEW PARTNERSHIPS WITH LOCAL ORGANIZATIONS TO USE THE LEGADO MODEL IN COUNTRIES AROUND THE WORLD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE EXECUTIVE DIRECTOR REVIEWED A DRAFT OF THE FORM 990 WITH THE PRESIDENT OF THE BOARD AND THE TREASURER, AND SUBSEQUENTLY PROVIDED EDITS TO THE TAX PREPARER. THEREAFTER, THE FORM 990 WAS SENT TO THE FULL BOARD OF DIRECTORS PRIOR TO BEING FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE PURPOSE OF LEGADO'S CONFLICT OF INTEREST POLICY IS TO PROTECT THE INTEREST OF LEGADO WHEN IT IS CONTEMPLATING ENTERING INTO A TRANSACTION OR ARRANGEMENT THAT MIGHT BENEFIT THE PRIVATE INTEREST OF AN OFFICER OR MEMBER OF THE BOARD OF DIRECTORS OF THE CORPORATION OR MIGHT RESULT IN A POSSIBLE EXCESS BENEFIT TRANSACTION, AND TO ENSURE THAT THE CORPORATION OPERATES IN A MANNER CONSISTANT WITH ITS CHARITABLE PURPOSE. THE CONFLICT OF INTEREST POLICY IS PROVIDED TO AND APPLIES TO ALL DIRECTORS, OFFICERS, AND EMPLOYEES. THE CONFLICT OF INTEREST POLICY IS REVIEWED WITH THE BOARD, AND EACH MEMBER OF THE BOARD AFFIRMS COMPLIANCE THEREWITHIN, ON AN ANNUAL BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MEMBERS OF THE BOARD OF DIRECTORS REVIEW THE COMPENSATION OF THE EXECUTIVE DIRECTOR ANNUALLY IN ACCORDANCE WITH IRS RULES AND REGULATIONS. COMPENSATION DATA FROM THE INDUSTRY SOURCES FOR OTHER ORGANIZATIONS IN THE INTERNATIONAL DEVELOPMENT SECTOR IS SECURED IN ORDER TO DETERMINE COMPETITIVENESS AND APPROPRIATENESS OF THE EXECUTIVE DIRECTOR'S SALARY. ADDITIONAL CONSIDERATIONS WEIGHED BY THE BOARD INCLUDE BENEFITS PROVIDED BY COMPARABLE ORGANIZATIONS, THE EXECUTIVE DIRECTOR'S PERFORMANCE, AND THE COST OF REPLACING THE EXECUTIVE DIRECTOR. EVERY EFFORT IS MADE TO ENSURE THAT THE PROCESS IS THOROUGH AND TRANSPARENT IN ACCORDANCE WITH IRS GUIDELINES AND THE ORGANIZATION'S POLICIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO OTHER DOCUMENTS ARE AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
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IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalAssetsGrp/EOYAmt0475200
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IRS990/TotalContributionsAmt0465659
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt01171
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt026691
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0445157
IRS990/TotalFunctionalExpensesGrp/TotalAmt0473019
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt08868
IRS990/TotalLiabilitiesEOYAmt07231
IRS990/TotalLiabilitiesGrp/BOYAmt08868
IRS990/TotalLiabilitiesGrp/EOYAmt07231
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0473182
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0467969
IRS990/TotalOtherCompensationAmt061652
IRS990/TotalProgramServiceExpensesAmt0445157
IRS990/TotalReportableCompFromOrgAmt0100715
IRS990/TotalRevenueGrp/ExclusionAmt02147
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0467806
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt01
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0482050
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0475200
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt046
IRS990/TravelGrp/ProgramServicesAmt010501
IRS990/TravelGrp/TotalAmt010547
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 173
IRS990/USAddress/CityNm0JACKSON
IRS990/USAddress/StateAbbreviationCd0NH
IRS990/USAddress/ZIPCd003846
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.LEGADOINITIATIVE.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MARIA MAJKA BURHARDT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum09702907822
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LEGADO INC
ReturnHeader/Filer/BusinessNameControlTxt0LEGA
ReturnHeader/Filer/EIN0822030366
ReturnHeader/Filer/PhoneNum09702907822
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 173
ReturnHeader/Filer/USAddress/CityNm0JACKSON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NH
ReturnHeader/Filer/USAddress/ZIPCd003846
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0844049075
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HALEY & WOODS LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04220 CAHABA HEIGHTS COURT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BIRMINGHAM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd035243
ReturnHeader/PreparerPersonGrp/PhoneNum02052771529
ReturnHeader/PreparerPersonGrp/PreparationDt02021-05-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JESSICA WOODS
ReturnHeader/ReturnTs02021-05-10T17:12:00-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MARIA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MAJKA BURHARDT
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31

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