Legacy Healthcare Services Inc
72% goes to programs Strong reserves
Legacy Healthcare Services Inc is a 501(c)(3) organization based in Raleigh, North Carolina, registered in 2019, with $139,332,034 in FY2024 revenue. CharityIndex grades it B+, and it directs about 72% of spending to programs.
110 Horizon Drive Suite 310, Raleigh, NC, 27615 EIN 31-1679605 Since 2019
Revenue (FY2024)
$139.3M
▼ 0.6% vs prior year
Health median: $840K
Expenses (FY2024)
$157.8M
Net assets
$92.9M
Employees
3,118
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
AProgram efficiency40% of the rating72% to programs
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. For Legacy Healthcare Services Inc: 72% to programs earns a A on this criterion. See the exact thresholds →
C+Financial health25% of the rating7 mo reserves · -13% margin
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 Legacy Healthcare Services Inc: 7 mo reserves · -13% margin earns a C+ on this criterion. See the exact thresholds →
BGovernance25% of the rating4 of 6 checks met
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. For Legacy Healthcare Services Inc: 4 of 6 checks met earns a B on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
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 Legacy Healthcare Services Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Improve the health of senior adults so they may live life the way they want to live it through: wellness, education, safety, rehabilitation, caring.
Contact & location
- Address
- 110 Horizon Drive Suite 310, Raleigh, NC, 27615
- City
- Raleigh
- State
- North Carolina
- Category
- Health Care
- Subcategory
- Health Support Services
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $55.7M (FY2018) to $139.3M (FY2024) across 6 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $11.2MNet assets $92.9M
Operating margin
-13.3%
Spent more than it raised in the latest fiscal year.
Total assets
$104.0M
Total liabilities
$11.2M
Net assets
$92.9M
Salaries & benefits
$115.9M
73% of expenses
Board members
4
0 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $139,332,034▼0.6% | $157,847,805▲20.8% | $92,866,389▼20.4% | $104,026,009▼19.0% | 990 |
| 2023 | $140,219,956▲7.0% | $130,639,186▲9.4% | $116,633,629▼1.1% | $128,409,923▲0.3% | 990 |
| 2022 | $131,000,981▲1.3% | $119,373,314▲8.3% | $117,924,823▼1.3% | $127,970,994▼2.1% | 990 |
| 2021 | $129,375,945▲11.3% | $110,176,833▲16.3% | $119,440,091▼0.7% | $130,717,949▼1.3% | 990 |
| 2020 | $116,232,011▲108% | $94,750,472▲96.8% | $120,299,956▲4.4% | $132,404,339▲1.9% | 990 |
| 2018 | $55,748,226 | $48,153,181 | $115,268,829 | $129,956,993 | 990 |
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.
Leadership & compensation (FY2024)
Highest-paid: Jeff Ryan — $348,264 (0.22% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Jeff Ryan | Ceo | 40 | $348,264 |
| Joseph Sardoni | Regional Vp of Business Development | 40 | $337,077 |
| Gil Wilson | Cfo and Treasurer | 40 | $281,444 |
| Melissa Hale | Coo | 40 | $264,947 |
| Charles Hale | Cio | 40 | $233,572 |
| Jeff Fink | Senior Vp of Hr and Administration | 40 | $228,410 |
| Wendi Kanuch | Regional Vp of Business Development | 40 | $213,201 |
| Kathleen Dwyer | Vp of Compliance | 40 | $194,042 |
| Lynette Kentgen | Vp of Operations | 40 | $177,406 |
| Luke Kontras | Vp of Operations | 40 | $177,074 |
| Adam Schambach | Director of Revenue Cycle | 40 | $162,072 |
| Joette Springle | Senior Vice President of Business Development | 40 | $140,495 |
| Geoffrey Diek | Vp of Operations | 40 | $75,746 |
| E Anthony Woods | Chair | 2 | — |
| John Murta | Board Member | 2 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Net Health Systems Inc | Software Provider | $963,084 |
| Advantix | Telecommunication Vendor Management | $604,040 |
| Alinea Group Inc | Software Provider | $441,643 |
| Waystar | Software Provider | $371,913 |
| Critical Connections | Contract Staffing | $271,912 |
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Compare Legacy Healthcare Services Inc
Frequently asked questions
- Is Legacy Healthcare Services Inc a legitimate nonprofit?
- Yes. Legacy Healthcare Services Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 31-1679605, based in Raleigh, North Carolina. Donations are tax-deductible.
- What is Legacy Healthcare Services Inc's EIN?
- Legacy Healthcare Services Inc's Employer Identification Number (EIN) is 31-1679605.
- How much revenue does Legacy Healthcare Services Inc report?
- Legacy Healthcare Services Inc reported $139,332,034 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Legacy Healthcare Services Inc's spending goes to programs?
- Legacy Healthcare Services Inc spends about 72% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Legacy Healthcare Services Inc have?
- CharityIndex grades Legacy Healthcare Services Inc B+, based on program efficiency and fundraising cost.
- How much does Legacy Healthcare Services Inc's highest-paid employee make?
- The highest reported compensation on Legacy Healthcare Services Inc's latest Form 990 is $348,264, paid to Jeff Ryan (Ceo).
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Data for Legacy Healthcare Services Inc (EIN 31-1679605) 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.