Legum-bangel Foundation Inc is a 501(c)(3) organization based in Fairfax, Virginia, registered in 1996, with $12,308 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$12K
▲ 7.2% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$1,679
Net assets
$203K
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 Legum-bangel Foundation Inc— 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 Legum-bangel Foundation Inc: 1450 mo reserves · +86% 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 Legum-bangel Foundation Inc— 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 Legum-bangel Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue grew from -$4,990 (FY2020) to $12K (FY2024) across 5 reported years.
Financial snapshot
Operating margin
86.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$203K
Total liabilities
$0
Net assets
$203K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $12,308▲7.2% | $1,679▼87.7% | $202,881▲5.5% | $202,881▲5.5% | 990PF |
| 2023 | $11,480 | $13,692▼5.1% | $192,252▼1.1% | $192,252▼1.1% | 990PF |
| 2022 | $0▼100% | $14,424▲15.1% | $194,464▼6.9% | $194,464▼6.9% | 990PF |
| 2021 | $15,772▲416% | $12,534▼3.5% | $208,888▲1.6% | $208,888▲1.6% | 990PF |
| 2020 | -$4,990 | $12,991▼42.9% | $205,650▼13.4% | $205,650▼13.4% | 990PF |
| 2010 | — | $22,743 | $237,412 | $237,412 | 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.
Explore more
Data for Legum-bangel Foundation Inc (EIN 54-1792544) 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.