Legacy Of Learning is located in Boulder, CO. The organization was established in 1998. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. Legacy Of Learning 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 12/2016, Legacy Of Learning generated $115.7k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 53.8% each year . All expenses for the organization totaled $108.6k during the year ending 12/2016. While expenses have increased by 55.3% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2016
Describe the Organization's Program Activity:
Part 3
TO PROVIDE LOW INCOME AND DISADVANTAGED STUDENTS THE ABILITY TO IMPROVE I THEIR READING, WRITING, SPELLING, MATH, CRITCAL THINKING AND STUDY SKILLS.TOTAL NUMBER OF STUDENTS SERVED WAS 120.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sonya Hellman Treasurer | 2 | $0 | |
Stephanie Bryan Secretary | 2 | $0 | |
Bob Hullinghorst Member | 1 | $0 | |
Linda Cain Member | 1 | $0 | |
Bianca Gallegos Member | 1 | $0 | |
Dan Macy Member | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $43,796 |
| Total Program Service Revenue | $71,948 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $115,744 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $37,450 |
| Professional fees and other payments to independent contractors | $35,831 |
| Occupancy, rent, utilities, and maintenance | $21,557 |
| Printing, publications, postage, and shipping | $2,114 |
| Other expenses | $11,664 |
| Total expenses | $108,616 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,557 |
| Other assets | $0 |
| Total assets | $23,593 |
| Total liabilities | $7,257 |
| Net assets or fund balances | $16,336 |