Legacy Liii Foundation Inc
- Assets
- $0.0
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 09/2018
- Data as of
- 12/2019
- EIN
- 82-5519648
Organization Overview
Legacy Liii Foundation Inc is located in Atlanta, GA. The organization was established in 2018. According to its NTEE Classification (N32) the organization is classified as: Parks & Playgrounds, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Legacy Liii Foundation 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 12/2019, Legacy Liii Foundation Inc generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 61.0% each year . All expenses for the organization totaled $1.6m during the year ending 12/2019. While expenses have increased by 48.0% per year over the past 2 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOCUS IS ON CELEBRATING AND ELEVATING ATLANTA COMMUNITIES THROUGH A VARIETY OF ACTIVITIES, IMPACTING BOTH THE HEARTS AND MINDS OF OUR NEIGHBORS AND THE NEIGHBORHOODS WE CALL HOME. FUNDING GOES TO THE RENOVATION OF ATLANTA PARKS. THIS MAJOR CAPITAL IMPROVEMENT PROJECT, BENEFITING THE CHILDREN OF ATLANTA, WILL PROVIDE A VERSATILE PLAYING FIELD FOR ATHLETIC COMPETITION AND THE SURROUNDING COMMUNITY A SAFE SPACE FOR EXERCISE AND OUTDOOR ACTIVITIES. THIS INVESTMENT IS A COMMITMENT TO FOSTERING PLAY AND HEALTHY LIFESTYLES AND WILL BE A LASTING LEAGACY TO OUR COMMUNITY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dan Corso Chairman | 1 | $0 | |
Ingrid Saunders-Jones Board Member | 1 | $0 | |
Rich Mckay Vice Chairma | 1 | $0 | |
Frank Fernandez Board Member | 1 | $0 | |
Frank Poe Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,630,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,630,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $1,550,510 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $1,550,510 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Legacy Liii Foundation Inc has recieved totaling $50,000.
| Awarding Organization | Amount |
|---|---|
Primerica Foundation Inc Duluth, GA PURPOSE: ATL PARK RENOVATION IN AT-RISK COMMUNITY | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Us National Whitewater Center Inc Charlotte, NC | $52,351,525 | $16,921,663 |
Lakeshore Park Conservancy Knoxville, TN | $19,542,630 | $6,010,930 |
Shelby Farms Park Conservancy Memphis, TN | $6,955,555 | $6,186,773 |
Lindsay Pettus Greenway Inc Lancaster, SC | $925,142 | $220,841 |
Florida National Parks Association Inc Homestead, FL | $3,062,017 | $4,575,628 |
Park Pride Inc Atlanta, GA | $9,014,464 | $8,316,780 |
Suncoast Aquatic Nature Center Associates Inc Sarasota, FL | $1,629,043 | $3,277,467 |
Piedmont Park Conservancy Inc Atlanta, GA | $4,575,541 | $3,976,026 |
Friends Of Great Smoky Mountain National Park Inc Kodak, TN | $24,666,709 | $4,762,551 |
Dorothea Dix Park Conservancy Raleigh, NC | $6,442,747 | $1,230,438 |
Friends Of The Warner Parks Inc Nashville, TN | $7,592,814 | $4,400,427 |
Vulcan Park Foundation Birmingham, AL | $2,896,411 | $2,429,688 |