Civic Intelligence

L & K Legacy Foundation

990PF • Fiscal year 2022 • EIN 82-3273690

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 15, 2023

Organization Profile
223 Brook Hollow RoadNashville, TN 37205

(615) 470-6998

Siviq Scores

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

Liabilities / Assets

31st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

29th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • $1M-$5M nonprofits • Source year 2022

Net Margin

77th percentile

28%

Higher net margin than 77% of similar nonprofits.

2022 filings • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

71st percentile

$0

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • $1M-$5M nonprofits • Source year 2022

Asset Growth

56th percentile

1.9%

Faster asset growth than 56% of similar nonprofits.

2022 filings • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

94th percentile

183%

Faster revenue growth than 94% of similar nonprofits.

2022 filings • $1M-$5M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets31st percentile

Assets

Down

$1,569,046

Down $785,541 (-33%) from 2021

Net Assets

Down

$1,569,046

Down $785,541 (-33%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue And Expenses
Liabilities / Revenue29th percentileNet Margin77th percentile

Revenue

Up

$102,998

Up $52,538 (+104%) from 2021

Expenses

Up

$73,853

Up $66,718 (+935%) from 2021

Net Income

Down

$29,145

Down $14,180 (-33%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth56th percentile

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

$3.0M$2.0M$1.0M$0Assets 2017: $1,407,809Liabilities 2017: $0Net Assets 2017: $1,407,8092017Assets 2018: $2,318,106Liabilities 2018: $0Net Assets 2018: $2,318,1062018Assets 2019: $1,458,387Liabilities 2019: $0Net Assets 2019: $1,458,3872019Assets 2020: $1,507,670Liabilities 2020: $0Net Assets 2020: $1,507,6702020Assets 2021: $2,354,587Liabilities 2021: $0Net Assets 2021: $2,354,5872021Assets 2022: $1,569,046Liabilities 2022: $0Net Assets 2022: $1,569,0462022Assets 2022: $2,388,132Liabilities 2022: $0Net Assets 2022: $2,388,1322022Assets 2023: $2,548,866Liabilities 2023: $0Net Assets 2023: $2,548,8662023Assets 2024: $2,396,560Liabilities 2024: $0Net Assets 2024: $2,396,5602024

Highlighted filing

2022

Assets$1,569,046
Liabilities$0
Net Assets$1,569,046
Open 2022 Filing

Operations Trend

Revenue Growth94th percentile

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

$2.0M$1.0M$0-$1.0MRevenue 2017: $1,407,809Expenses 2017: $0Net Income 2017: $1,407,8092017Revenue 2018: $1,117,948Expenses 2018: $63,879Net Income 2018: $1,054,0692018Revenue 2019: $40,820Expenses 2019: $933,627Net Income 2019: -$892,8072019Revenue 2020: $107,802Expenses 2020: $58,519Net Income 2020: $49,2832020Revenue 2021: $50,460Expenses 2021: $7,135Net Income 2021: $43,3252021Revenue 2022: $102,998Expenses 2022: $73,853Net Income 2022: $29,1452022Revenue 2022: $86,924Expenses 2022: $53,379Net Income 2022: $33,5452022Revenue 2023: $191,611Expenses 2023: $30,877Net Income 2023: $160,7342023Revenue 2024: $172,261Expenses 2024: $215,644Net Income 2024: -$43,3832024

Highlighted filing

2022

Revenue$102,998
Expenses$73,853
Net Income$29,145
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 15, 2023
Return Version
2022v5.0
Compensation and Service Providers
Top Officer Pay71st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
DERRICK MORGANTrusteePT$0--
CHARITY MORGANTrusteePT$0--
Grants and Assistance

Foundation Grants and Related Investments

TypeRecipientPurposeStatusLocationAmount
Paid GrantNEXLEGACY ASSOCITION INCYOUTH DEVELOPMENTPAIDHAMMOND, LA, US$32,000
Filing and Contact Details

Filer

Filer Name
L&k Legacy Foundation
EIN
82-3273690
Phone
6154706998
Address
223 BROOK HOLLOW ROAD, NASHVILLE, TN 37205

Signing Officer

Name
Derrick Morgan
Title
Trustee
Phone
6154706998
Signed
2023-11-15

Preparer

Firm
Blankenship CPA Group Pllc
Address
215 WARD CIRCLE, BRENTWOOD, TN 37027-2304
Preparer
C Dawayne Lusk CPA
Phone
6153733771
Raw XML Appendix273 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt91308
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt10169
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt11273
OtherIncomeSchedule2/OtherIncomeDetail/AdjustedNetIncomeAmt075000
OtherIncomeSchedule2/OtherIncomeDetail/NetInvestmentIncomeAmt075000
OtherIncomeSchedule2/OtherIncomeDetail/RevenueAndExpensesPerBooksAmt075000
TaxesSchedule/TaxesDetail/AdjustedNetIncomeAmt02272
TaxesSchedule/TaxesDetail/Amt02272
TaxesSchedule/TaxesDetail/CategoryTxt0INDIRECT TAXES/LICENSES
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0DERRICK MORGAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum06154706998
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0L&K LEGACY FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0L&KL
ReturnHeader/Filer/EIN0823273690
ReturnHeader/Filer/PhoneNum06154706998
ReturnHeader/Filer/USAddress/AddressLine1Txt0223 BROOK HOLLOW ROAD
ReturnHeader/Filer/USAddress/CityNm0NASHVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd037205
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0450491842
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BLANKENSHIP CPA GROUP PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0215 WARD CIRCLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BRENTWOOD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0370272304
ReturnHeader/PreparerPersonGrp/PhoneNum06153733771
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0C DAWAYNE LUSK CPA
ReturnHeader/ReturnTs02023-11-15T18:26:40-05:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DERRICK
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MORGAN
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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Filings

Displayed year

2022 • Form 990PFDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,569,046
Liabilities
$0
Net assets
$1,569,046
Revenue
$102,998
Expenses
$73,853
Net income
$29,145
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.40$0.00$2.40$0.17$0.22$0.04
2023Detailed filing. Detailed filing data is available for this year.$2.55$0.00$2.55$0.19$0.03$0.16
2022Detailed filing. Detailed filing data is available for this year.$2.39$0.00$2.39$0.09$0.05$0.03
2022Detailed filing. Detailed filing data is available for this year.$1.57$0.00$1.57$0.10$0.07$0.03
2021Detailed filing. Detailed filing data is available for this year.$2.35$0.00$2.35$0.05$0.01$0.04
2020Detailed filing. Detailed filing data is available for this year.$1.51$0.00$1.51$0.11$0.06$0.05
2019Detailed filing. Detailed filing data is available for this year.$1.46$0.00$1.46$0.04$0.93$0.89
2018Detailed filing. Detailed filing data is available for this year.$2.32$0.00$2.32$1.12$0.06$1.05
2017Detailed filing. Detailed filing data is available for this year.$1.41$0.00$1.41$1.41$0.00$1.41