Legacy College Inc
- Assets
- $58.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lynchburg, VA
- Founding
- Data as of
- 12/2023
- EIN
- 81-1162877
Organization Overview
Legacy College Inc is located in Lynchburg, VA. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Legacy College Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Legacy College Inc generated $120.2k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $135.7k during the year ending 12/2023. While expenses have increased by 5.8% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THEY DO THIS BY PROVIDING OPPORTUNITIES FOR ACCREDITED ACADEMICS WITH LOCAL COMMUNITY COLLEGES, IMPROVEMENT COMMON LIFE SKILLS INCLUDING MONEY AND TIME MANAGEMENT, AND CAREER DEVELOPMENT INCOME.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daryl Conner Chairman | 0.25 | $0 | |
Bill Dunton Board Member | 0.25 | $0 | |
Rev Jonathan Slocumb Board Member | 0.25 | $0 | |
Randy Dunton Board Member | 0.25 | $32,990 | |
Dr Ed Bauchou Board Member | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $120,210 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $120,210 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $91,508 |
| Professional fees and other payments to independent contractors | $19,166 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $25,031 |
| Total expenses | $135,705 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $58,653 |
| Other assets | $0 |
| Total assets | $58,653 |
| Total liabilities | $26 |
| Net assets or fund balances | $58,627 |