Legacy Ladies Inc

Nonprofit profile at a glance

EIN
201486836
IRS 990 coverage
2013–2024
Forms available
Form 990 2024
Location
Calabasas, CA, USA
Phone
8184145074
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Children's, Youth Services

Official website

Reported finances

Revenue
$151,898
Expenses
$140,750
Assets
$426,252
Liabilities
$0

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

Leadership & pay

5 people listed

Executive titles in this filing

  • JACQUELINE CASTILLO (PRESIDENT)

People named in this filing

  • JACQUELINE CASTILLO (PRESIDENT)
  • ANNE MCCALLION (CHAIRPERSON)
  • TONI COUNTS ROSE (CFO)

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

To be a premier organization that transforms the lives of disenfranchised girls. We foster character, confidence and grace through our academic and experiential programs; with the goal of developing extraordinary thinkers who are courageous leaders that will become productive global citizens.

What it reported doing in 2024

From the school house to the white house leadership program: an experiential leadership program, which targets underserved african american girls, 10th - 12th grades, from crenshaw, dorsey, Washington preparatory, king drew magnet and middle college high schools south central los angeles. The objective is placed on preparing the students to graduate from high school, being prepared for college, and prepared for the 21st century workforce, through a series of leadership development workshops, and field trips throughout the nine month school year. In addition to providing training in effective decision making skills, team building, and communication skills, they are also exposed to "soft skills" to improve their confidence and self-awareness. During the nine month period, the students are also introduced to steam (science, technology, engineering, arts, and mathematics) careers, with emphasis on engineering and math to boost their math skills and understanding of math concepts. The long term objective of the program is to help build future responsible and ethical leaders, who possess skills to grow and develop on a continuous basis for a position of leadership in their community, corporate america, politics, and beyond.

Operating model

Revenue model
Donor-supported. 84% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 83% of its reported program spending out as grants.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 66
  • Transparency & Controls: 89
  • Accountability: 82
  • Sustainability: 64
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 71.7%; rating input score 72
  • Program expense ratio: 77.2%; rating input score 77
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 90.9%; rating input score 91; 13th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 80th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 4 of 7 controls in place; rating input score 57
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • 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: 7.3%; rating input score 55; 55th percentile among comparable filings
  • Total-asset coverage ratio: 3.03; rating input score 69; 69th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: 1% per year; rating input score 100; 35th percentile among comparable filings
  • Revenue growth: 4.5% per year; rating input score 100; 50th percentile among comparable filings
  • Asset growth: 28.2% per year; rating input score 100; 91st percentile among comparable filings

Details

  • Where the money goes: 71.7% of revenue deployed · 77.2% of spending went to programs
  • Governance: 5 of 5 board members independent · 4 of 7 filing controls reported
  • Programs: 3 filed program accomplishments · $109K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 19 of 20 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes major donors and grants
  • Filing history: 11 filing years from 2013 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • Review — Accountability: Governance controls: 2 of 6 not reported.
  • Review — Sustainability: Operating margin scored 55/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • High — Grant Readiness: California registration: this organization is recorded as not currently operating in California.