Legacy Family Campus Inc

Nonprofit profile at a glance

EIN
680655758
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Council Bluffs, IA, USA
Phone
7124355380
Rating confidence
Limited
Sector
Real Estate Associations

Official website

Reported finances

Revenue
$-258,697
Expenses
$327,229
Assets
$8,771,028
Liabilities
$0

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

Leadership & pay

5 people listed

Executive titles in this filing

  • JOHN HOICH (PRESIDENT)
  • ASHLEY FLATER (VICE PRESIDENT)

People named in this filing

  • JOHN HOICH (PRESIDENT)
  • ASHLEY FLATER (VICE PRESIDENT)
  • MELISSA CHRISTIANSEN (SECRETARY/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. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The campus holds title (serves as a title holding company) to property, both real and personal, maintains and repairs such property, collects income from such property, and turns over the entire amount of income, less or net of expenses, in equal shares, to the members of a class of organizations consisting of the following: boys and girls clubs of the midlands (omaha, ne), heartland family service (omaha, ne), the salvation army/council bluffs corps (council bluffs, ia) and the micah house (council bluffs, ia). These organizations must be exempt under section 501(c)(3) of the code in order to remain eligible for such net income.

What it reported doing in 2024

The campus holds title to common area property (real and personal), and maintains and repairs such property. All expenses to be incurred and paid by the campus will be reimbursed by the tax exempt entities which own and occupy real property located on the campus or by the charles e. Lakin human services campus foundation. The foundation was established to endow and support the maintenance of the campus and its agencies. See also schedule o.

Operating model

Revenue model
Other-operating. 100% 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

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 90
  • Accountability: 70
  • Sustainability: 46
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 2 of 7 controls in place; rating input score 29
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -226.5%; rating input score 12; 12th percentile among comparable filings
  • Total-asset coverage ratio: 26.8; rating input score 84; 84th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -4% per year; rating input score 0; 46th percentile among comparable filings
  • Asset growth: 1.5% per year; rating input score 100; 49th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 5 of 5 board members independent · 2 of 7 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Related organizations: 1 filed related-organization link
  • 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 — Accountability: Governance controls: 4 of 6 not reported.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 12/100.