Legacy Golf Club Inc
Nonprofit profile at a glance
- EIN
- 881753972
- IRS 990 coverage
- 2024–2024
- Forms available
- Form 990 2024
- Location
- Port St Lucie, FL, USA
- Phone
- 7724667888
- Rating confidence
- Limited
- Sector
- Human Services
Reported finances
- Revenue
- $1,042,809
- Expenses
- $1,107,452
- Assets
- $6,359,866
- Liabilities
- $4,154,975
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
14 people listed
Executive titles in this filing
- LYDIA ANDERSON (PRESIDENT)
- RICH HARVIE (VICE PRESIDENT)
Highest reported compensation
- CHRIS GAST (SUPERINTENDENT): $144,308 total reported compensation
- WILLIAM SOMER (EXECUTIVE CHEF): $115,304 total reported compensation
- ELIZABETH FRITZ-GRANT (CURRENT GENERAL MANAGER): $96,000 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The legacy golf club, inc. Is a social club whose exempt purpose is to promote interaction of members by providing dining and recreational activities.
What it reported doing in 2024
The club provides food, beverage, golf, and tennis to its members.
Operating model
- Revenue model
- Earned-program. 98% of the money available for current operations came from fees and other program 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: 69
- Sustainability: 37
- Growth: NotEnoughData
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; 63rd percentile among comparable filings
- Governance controls: 2 of 8 controls in place; rating input score 25
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -6.2%; rating input score 22; 22nd percentile among comparable filings
- Total-asset coverage ratio: 5.74; rating input score 86; 86th percentile among comparable filings
- Liabilities to assets ratio: 0.65; rating input score 12; 12th percentile among comparable filings
- Officer compensation ratio: 48%; rating input score 2; 2nd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 8 of 8 board members independent · 2 of 8 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $144K · 14 people listed
- Highest-paid contractors: 1 contractor listed · $243K reported
- Consistency: 11 of 11 current checks pass
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- Money network: 6 filed money-flow records
- 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: 6 of 8 not reported.
- High — Sustainability: Operating margin scored 22/100.
- High — Sustainability: Officer compensation ratio scored 2/100.
- High — Sustainability: Liabilities to assets ratio scored 12/100.