Legacy Committee Inc

Nonprofit profile at a glance

EIN
873985462
IRS 990-EZ coverage
2023–2024
Forms available
Form 990-EZ 2024, Form 990-N 2022
Location
Oconomowoc, WI, USA
Phone
4147914920
Rating
56
Verdict
MIXED
Rating confidence
Moderate
Sector
Parent/Teacher Group

Reported finances

Revenue
$92,290
Expenses
$63,886
Assets
$57,697
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • Michele Jones (President Legacy Committee)
  • Natalie White (Vice President Legacy Committee)

People named in this filing

  • Michele Jones (President Legacy Committee)
  • Natalie White (Vice President Legacy Committee)
  • Jessica Schultz (Treasurer Legacy Committee)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Parent support for Lake Country Classical Academy K-12 public charter school

What it reported doing in 2024

Teacher Appreciation Legacy Committee supported 74 faculty and staff at Lake Country Classical Academy with meals and snacks during parent-teacher conferences twice per school year gifts and meals during Teacher Appreciation Week in May and tickets to the school-wide Dockhounds baseball game event at the end of the school year

Operating model

Revenue model
Other-operating. 90% of the money available for current operations came from other operating revenue.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 34
  • Transparency & Controls: 82
  • Sustainability: 66
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 29.2%; rating input score 29
  • Program expense ratio: 42.1%; rating input score 42

Transparency & Controls

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

Sustainability

  • Operating margin: 30.8%; rating input score 82; 82nd percentile among comparable filings
  • Total-asset coverage ratio: 0.9; rating input score 44; 44th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -64.5% per year; rating input score 0; 6th percentile among comparable filings
  • Revenue growth: 40.9% per year; rating input score 100; 96th percentile among comparable filings
  • Asset growth: 65.3% per year; rating input score 100; 97th percentile among comparable filings

Details

  • Where the money goes: 29.2% of revenue deployed · 42.1% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 4 filed program accomplishments · $27K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 8 of 9 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2023 to 2024
  • 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.

  • High — Financial Efficiency: Mission deployment rate scored 29/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 42/100.
  • Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
  • High — Growth: Program expense growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 44/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.