Project Legacy FY2020 filing
Connects and supports youth and young adults of color, offering hope and community. For fiscal year 2020 it reported $473K in revenue, $478K in expenses, and $117K in net assets.Pt I
- Type
- Public charity (501(c)(3)) · Human Services
- Location
- Rochester, MN
- Website
- www.projectlegacymn.org
- Filings
- 5 on file (2020–2020)
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Summary of the Filing
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Karen Edmonds’s $77K as Executive Director is at the 68th percentile of top reported officer pay among 2165 $100K–1M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 1 named individual · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Karen Edmonds | $76,563 | $74,063 | $67,583 | $83,948 | $67,500 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Where the work happens
Support 365OUR core service offering individualized support and wraparound services, pairing young people with a youth development specialist and assessing needs, developing a plan and connecting youth with other project legacy programs and services.
Legacy Residency
Housing for alumni and peer leaders at project legacythe legacy residency is a leadership development program for program coordinators, youth development specialists and alumni of project legacy, offering supportive housing during life's transitions.
Legacy Academy
Our hub for educational programs to support young learnersthe legacy academy is project legacy's in-house hub for educational programs that help young learners develop their skills towards graduation and beyond. Project legacy's work with at-risk youth populations is full-spectrum, and that includes education.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 84% | — | — |
| Overhead ratio | 16% | — | — |
| Fundraising cost ratio | 0.07% | — | — |
| Accounting fee ratio | 0.9% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Grants
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Filings & Schedule Manifest
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Sources
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