Legacy Lugnuts Inc
Nonprofit profile at a glance
- EIN
- 931408453
- IRS 990-EZ coverage
- 2023–2023
- Forms available
- Form 990-EZ 2023
- Location
- Versailles, KY, USA
- Phone
- 2706172900
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $16,049
- Expenses
- $15,840
- Assets
- $209
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
2 people listed
People named in this filing
- STEPHANIE ADEL (DIRECTOR)
- MATTHEW ADEL (DIRECTOR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Legacy lugnuts, inc. Seeks to promote youth baseball and its players to further their athletic development, leadership, and positive community involvement by financially sponsoring their participation in amateur athletics and youth sporting events, thereby allowing kids who could not otherwise afford to participate in travel team sports the opportunity to play.
What it reported doing in 2023
Promote youth baseball and its players to further their athletic development, leadership, and positive community involvement by financially sponsoring their participation in amateur athletics and youth sporting events.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 95
- Transparency & Controls: 82
- Sustainability: 31
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 94.6%; rating input score 95
- Program expense ratio: 95.8%; rating input score 96
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 1.3%; rating input score 49; 49th percentile among comparable filings
- Total-asset coverage ratio: 0.01; rating input score 6; 6th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 94.6% of revenue deployed · 95.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $15K in reported program spending
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Contacts: How to reach this organization
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Total-asset coverage ratio scored 6/100.
- Moderate — Sustainability: Operating margin scored 49/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.