The Legacy Senior Communities Inc
Nonprofit profile at a glance
- EIN
- 030435268
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Dallas, TX, USA
- Phone
- 9724686176
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Single Organization Support
- Affiliation
- Judaism
Reported finances
- Revenue
- $3,624,696
- Expenses
- $3,660,056
- Assets
- $687,631
- Liabilities
- $383,125
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
39 people listed
Executive titles in this filing
- MELISSA ORTH (PRESIDENT/CEO)
- JESSICA HAECKER (EXECUTIVE DIRECTOR LAH)
- LAURA LEVY (EXECUTIVE DIRECTOR LWB)
Highest reported compensation
- MELISSA ORTH (PRESIDENT/CEO): $668,685 total reported compensation
- BRIDGETTE WALSHE (COO): $240,967 total reported compensation
- LAURA LEVY (EXECUTIVE DIRECTOR LWB): $210,116 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The legacy senior communities, inc., exists to provide a continuum of care to seniors and their families with compassion and dignity, while embracing jewish values and upholding the highest standards of excellence. The legacy senior communities, inc. Does this by providing development and management services to its affiliates. Those affiliates provide senior living, healthcare services, and support to the jewish community and to people of all faiths in north Texas.
What it reported doing in 2024
Provide management services to the legacy willow bend, inc., the legacy midtown park, inc. (both nonprofit continuing care retirement communities), the legacy at home, inc. (a nonprofit home healthcare company) and the legacy senior communities foundation (a supporting nonprofit for the legacy senior communities).
Operating model
- Revenue model
- Other-operating. 98% of the money available for current operations came from other operating revenue.
- 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. Revenue has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 81
- Transparency & Controls: 85
- Accountability: 98
- Sustainability: 17
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 91.5%; rating input score 92
- Program expense ratio: 90.6%; rating input score 91
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 96.6%; rating input score 97; 26th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -1%; rating input score 29; 29th percentile among comparable filings
- Total-asset coverage ratio: 0.19; rating input score 5; 5th percentile among comparable filings
- Liabilities to assets ratio: 0.56; rating input score 18; 18th percentile among comparable filings
- Officer compensation ratio: 67.4%; rating input score 1; 1st percentile among comparable filings
Growth
- Program expense growth: 9.7% per year; rating input score 100; 63rd percentile among comparable filings
- Revenue growth: -1.2% per year; rating input score 0; 8th percentile among comparable filings
- Asset growth: -22.7% per year; rating input score 0; 1st percentile among comparable filings
Details
- Where the money goes: 91.5% of revenue deployed · 90.6% of spending went to programs
- Governance: 28 of 29 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $3.3M in reported program spending
- Leadership: top reported pay $669K · 39 people listed · 3 of 6 pay-setting controls reported
- Consistency: 32 of 32 current checks pass
- Schedules: 6 filed schedules · includes major donors, executive pay, and related organizations
- Filing history: 15 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 11 filed money-flow records
- Related organizations: 4 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 29/100.
- High — Sustainability: Total-asset coverage ratio scored 5/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 1/100.
- High — Sustainability: Liabilities to assets ratio scored 18/100.