Legacy Advance Inc

Nonprofit profile at a glance

EIN: 863276632
IRS 990-EZ coverage: 2022–2025
Forms available: Form 990-EZ 2025
Location: Mission Viejo, CA, USA
Phone: 9493502335
Rating: 84
Verdict: STRONG
Rating confidence: Moderate
Sector: Educational Services and Schools - Other

Reported finances

Revenue: $191,828
Expenses: $185,023
Assets: $100,932
Liabilities: $34,772

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

ANDREAS MEHRGUTH (President & CEO)

People named in this filing

ANDREAS MEHRGUTH (President & CEO)
TERESA L MEHRGUTH (Secretary)
BRUCE FARBER (Treasurer)

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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Organization's mission is to support, train and develop under-resourced leaders to create and implement locally-based solutions to poverty.

What it reported doing in 2025

Empower leaders to create innovative, local solutions to poverty by equipping the local leaders with skills and support needed to transform their communities.

Operating model

Revenue model: Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
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 - The filed numbers largely add up and a large share of available resources goes toward mission work. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

Financial Efficiency: 74
Transparency & Controls: 100
Sustainability: 40
Growth: 100

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 73.1%; rating input score 73
Program expense ratio: 75.8%; rating input score 76

Transparency & Controls

Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
Major donor itemization: Yes; rating input score 100

Sustainability

Operating margin: 3.5%; rating input score 41; 41st percentile among comparable filings
Total-asset coverage ratio: 0.55; rating input score 40; 40th percentile among comparable filings
Liabilities to assets ratio: 0.34; rating input score 12; 12th percentile among comparable filings
Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

Program expense growth: 12.9% per year; rating input score 100; 64th percentile among comparable filings
Revenue growth: 22.6% per year; rating input score 100; 85th percentile among comparable filings
Asset growth: 41% per year; rating input score 100; 90th percentile among comparable filings

Details

Where the money goes: 73.1% of revenue deployed · 75.8% of spending went to programs
Governance: Filed governance answers
Accomplishments: 1 filed program accomplishment · $140K in reported program spending
Leadership: top reported pay $0 · 3 people listed
Consistency: 7 of 7 current checks pass
Schedules: 4 filed schedules
Filing history: 4 filing years from 2022 to 2025
Contacts: How to reach this organization
Money network: 1 filed money-flow record
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 41/100.
Moderate — Sustainability: Total-asset coverage ratio scored 40/100.
High — Sustainability: Liabilities to assets ratio scored 12/100.