Civic Intelligence

New Legacy Foundation

990 • Fiscal year 2021 • EIN 82-5365979

Jan 01, 2021 to Dec 31, 2021 • Filed on May 19, 2022

PO Box 65222Baton Rouge, LA 70896

(225) 284-9878

Siviq Scores

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

Liabilities / Assets

37th percentile

0.00x

Higher debt load relative to assets than 37% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

93rd percentile

1.50x

Higher debt load relative to revenue than 93% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

1st percentile

-8929%

Higher net margin than 1% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

72nd percentile

$59,875

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 3991.7% of source-year revenue.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

6th percentile

-20%

Faster asset growth than 6% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2020 to 2021

Assets

Down

$529,429

Down $134,935 (-20%) from 2020

Net Assets

Down

$527,182

Down $133,938 (-20%) from 2020

Liabilities

Down

$2,247

Down $997 (-31%) from 2020

Revenue

Up

$1,500

Up $1,500 from 2020

Expenses

Up

$135,438

Up $96,068 (+244%) from 2020

Net Income

Down

-$133,938

Down $94,568 (-240%) from 2020

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2019: $700,490Liabilities 2019: $0Net Assets 2019: $700,4902019Assets 2020: $664,364Liabilities 2020: $3,244Net Assets 2020: $661,1202020Assets 2021: $529,429Liabilities 2021: $2,247Net Assets 2021: $527,1822021Assets 2022: $518,812Liabilities 2022: $2,134Net Assets 2022: $516,6782022Assets 2023: $378,372Liabilities 2023: $1,684Net Assets 2023: $376,6882023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2021

Assets$529,429
Liabilities$2,247
Net Assets$527,182

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2019: $700,020Expenses 2019: $30Net Income 2019: $699,9902019Revenue 2020: $0Expenses 2020: $39,370Net Income 2020: -$39,3702020Revenue 2021: $1,500Expenses 2021: $135,438Net Income 2021: -$133,9382021Revenue 2022: $105,000Expenses 2022: $115,504Net Income 2022: -$10,5042022Revenue 2023: $271Expenses 2023: $140,261Net Income 2023: -$139,9902023Revenue 2024: $673Expenses 2024: $110,742Net Income 2024: -$110,0692024

Highlighted filing

2021

Revenue$1,500
Expenses$135,438
Net Income-$133,938
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 19, 2022
Return Version
2021v4.0
Gross Receipts
$1,500
Mission and Program Overview

Mission

The New Legacy Foundation is focused on serving "vulnerable residents," whom we define as: individuals and families who face recurring or ongoing impacts to their health, safety and quality of life due to where they reside.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$664,364$529,429▼ $134,935
Rtn Earn Endowment Incm Other Fnds$661,120$527,182▼ $133,938
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$664,364$529,429▼ $134,935
Liabilities
Other Liabilities$3,244$2,247▼ $997
Total Liabilities$3,244$2,247▼ $997
Net Assets / Fund Balance
Total Net Assets Fund Balance$661,120$527,182▼ $133,938
Total Liabilities and Net Assets / Fund Balance$664,364$529,429▼ $134,935
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Catherine CrawfordExecutive DirectorFT$59,875$59,875
Michael OrrExecutive DirectorPT$3,250$3,250

Board Members and Trustees

NameTitle
Mike HayesPresident
Marylee OrrBoard Member
Oliver JosephBoard Member
Traci BirchSecretary
Wilma SubraTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,500
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$1,500
Change in Net Assets
$-133,938
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$83,581
Other Expenses$47,482
Professional Fundraising Fees$4,375
Total Fundraising Expense$4,375
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees-$63,125-$63,125
Fees for Services Other$22,916--$22,916
Other Salaries and Wages-$9,375-$9,375
Advertising-$7,500-$7,500
Insurance-$7,346-$7,346
Payroll Taxes-$5,661-$5,661
Pension Plan Contributions-$5,420-$5,420
Fees for Services Accounting-$5,040-$5,040
Fees for Services Professional Fundraising--$4,375$4,375
Office Expenses-$2,020-$2,020
Fees for Services Management-$1,760-$1,760
Information Technology-$900-$900
Total Functional Expenses$22,916$108,147$4,375$135,438
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$4,375
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
LA income taxes$640
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
No
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 A, Line 2

Marylee Orr and Wilma Subra have a business relationship through Louisiana Environmental Network, a 501(c)3. Ms. Orr is the Executive Director and Ms. Subra provides technical environmental services for the organization.

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

The 990 is reviewed by Director and Treasurer, and signed by the Director.

Form 990, Part VI, Section C, Line 19

Documents are provided as per written requests received by mail.

Filing and Contact Details

Filer

Filer Name
New Legacy Foundation
EIN
82-5365979
Phone
2252849878
Address
PO Box 65222, Baton Rouge, LA 70896

Signing Officer

Name
Catherine Crawford
Title
Executive Director
Phone
2252849878
Signed
2022-05-19

Organization Details

Principal Officer
Mike Hayes
Formed
2018
Legal Domicile
La
Voting Board Members
5
Independent Board Members
5
Employees
3
Volunteers
0
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Title Company - $22,916

Raw XML Appendix354 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Marylee Orr and Wilma Subra have a business relationship through Louisiana Environmental Network, a 501(c)3. Ms. Orr is the Executive Director and Ms. Subra provides technical environmental services for the organization.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The 990 is reviewed by Director and Treasurer, and signed by the Director.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Documents are provided as per written requests received by mail.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Title Company - $22,916
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, Line 11g
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IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0529429
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0162 Croydon Ave
IRS990/USAddress/CityNm0Baton Rouge
IRS990/USAddress/StateAbbreviationCd0LA
IRS990/USAddress/ZIPCd070806
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WhistleblowerPolicyInd00
ReasonableCauseExplanation/ExplanationTxt0.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/LastSubmissionRqrOOBCd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd011
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd01
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Catherine Crawford
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum02252849878
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NEW LEGACY FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0NEWL
ReturnHeader/Filer/EIN0825365979
ReturnHeader/Filer/PhoneNum02252849878
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 65222
ReturnHeader/Filer/USAddress/CityNm0Baton Rouge
ReturnHeader/Filer/USAddress/StateAbbreviationCd0LA
ReturnHeader/Filer/USAddress/ZIPCd070896
ReturnHeader/ReturnTs02022-05-19T14:50:38-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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