Adams Legacy Foundation A Delaware Nonprofit Corporation is a 501(c)(3) organization based in Long Beach, California, registered in 2009, with $4,372,616 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$4.4M
▲ 96.0% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$1.3M
Net assets
$17.8M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Adams Legacy Foundation A Delaware Nonprofit Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Adams Legacy Foundation A Delaware Nonprofit Corporation: 167 mo reserves · +71% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Adams Legacy Foundation A Delaware Nonprofit Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Adams Legacy Foundation A Delaware Nonprofit Corporation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $11.3M (FY2020) to $4.4M (FY2024) across 5 reported years.
Financial snapshot
Operating margin
70.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$17.8M
Total liabilities
$0
Net assets
$17.8M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $4,372,616▲96.0% | $1,277,471▲14.3% | $17,752,088▲11.4% | $17,752,088▲11.3% | 990PF |
| 2023 | $2,230,465▲2605% | $1,118,025▲72.5% | $15,937,544▲6.0% | $15,951,044▲6.0% | 990PF |
| 2022 | -$89,037▼103% | $647,958▼19.8% | $15,035,985▼4.6% | $15,051,021▼4.7% | 990PF |
| 2021 | $3,368,310▼70.2% | $808,143▲184% | $15,767,056▲19.4% | $15,789,136▲19.5% | 990PF |
| 2020 | $11,290,832 | $285,009 | $13,207,113 | $13,209,613 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Adams Legacy Foundation A Delaware Nonprofit Corporation (EIN 26-3373791) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.