A Legacy for Learning Corporation
Nonprofit profile at a glance
- EIN
- 460608335
- IRS 990-EZ coverage
- 2016–2016
- Forms available
- Form 990-EZ 2016, Form 990-N 2015
- Location
- Belleville, IL, USA
- Phone
- 3127894175
- Rating
- 90
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Job Training
Reported finances
- Revenue
- $104,637
- Expenses
- $104,276
- Assets
- $9,019
Source: IRS Form 990-EZ. Selected filing: tax year 2016. Amounts in USD.
Leadership & pay
3 people listed
People named in this filing
- GEORGE NICHOLSON (BOARD CHAIR)
- DAVE MORRIS (TREASURER)
- CHRISTOPHER HEINA (SECRETARY)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2016. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To connect veterans with employment opportunities in manufacturing, field service, and maintenance technician careers, and to educate employers about the tangible and intangible benefits of hiring veterans.
What it reported doing in 2016
To connect veterans with employment opportunities in manufacturing, field service, and maintenance technician careers, and to educate employers about the tangible and intangible benefits of hiring veterans
Operating model
- Revenue model
- Earned-program. 70% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 98
- Transparency & Controls: 100
- Sustainability: 27
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 98.4%; rating input score 98
- Program expense ratio: 98.7%; rating input score 99
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 0.3%; rating input score 36; 36th percentile among comparable filings
- Total-asset coverage ratio: 0.09; rating input score 9; 9th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 65; 65th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 98.4% of revenue deployed · 98.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $103K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Sustainability: Operating margin scored 36/100.
- High — Sustainability: Total-asset coverage ratio scored 9/100.