Legacy Events for Education Inc
Nonprofit profile at a glance
- EIN
- 831755614
- IRS 990-EZ coverage
- 2021–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2020
- Location
- Winter Garden, FL, USA
- Phone
- 3154500518
- Rating
- 56
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Human Service Organizations
Reported finances
- Revenue
- $58,754
- Expenses
- $72,623
- Assets
- $21,372
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- WILLIAM BELL JR (Vice President)
- DAVID TERRY (President)
People named in this filing
- JANE DUNKELBERGER (Secretary)
- WILLIAM BELL JR (Vice President)
- SCOTT HUNT (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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To organize large scale events to raise funds for scholarships and grants to students and teachers at local schoools.
What it reported doing in 2024
To provide educational opportunities for teens through structured classes designed to promote personal development, academic enrichment, and life skills.
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
- Hybrid. The nonprofit split its reported program spending across 51% for direct work, and 49% for grants.
The verdict
MIXED - The filed numbers largely add up and revenue has grown recently. 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: 39
- Transparency & Controls: 82
- Sustainability: 23
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 41.6%; rating input score 42
- Program expense ratio: 33.7%; rating input score 34
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -23.6%; rating input score 21; 21st percentile among comparable filings
- Total-asset coverage ratio: 0.29; rating input score 21; 21st percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -8.4% per year; rating input score 0; 30th percentile among comparable filings
- Revenue growth: 13.2% per year; rating input score 100; 85th percentile among comparable filings
- Asset growth: 29.2% per year; rating input score 100; 91st percentile among comparable filings
Details
- Where the money goes: 41.6% of revenue deployed · 33.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $24K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 4 filing years from 2021 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 42/100.
- Moderate — Financial Efficiency: Program expense ratio scored 34/100.
- High — Sustainability: Operating margin scored 21/100.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 21/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.