Legacy of Faith

Nonprofit profile at a glance

EIN
465716999
IRS 990-EZ coverage
2020–2025
Forms available
Form 990-EZ 2025, Form 990-N 2024
Location
Colorado Springs, CO, USA
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Promotion of International Understanding
Affiliation
Christianity

Reported finances

Revenue
$135,963
Expenses
$63,936
Assets
$43,624
Liabilities
$35,109

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

7 people listed

People named in this filing

  • MICHAEL A MCNAMEE (EXECUTIVE DI)
  • REBECCA M MCNAMEE (SECRETARY/TR)
  • TERRY LIJEWSKI (BOARD CHAIRM)

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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Bold destiny inc. Is a faith based not-for-profit ministry equipping christian couples desiring to build strong, healthy marriages, through retreats and personalized coaching.

What it reported doing in 2025

Current community impact 2020: 1 couples retreat, 3 marriage getaway conferences, 2 webinars, 2500+ youth and adults coached virtually in ghana, africa, 1 virtual church seminar, couple to couple coaching, individual coaching number of people reached and how: couples retreats 10, church seminar 200, marriage getaways 36, webinars 20, coaching in africa 2500, couples & individual coaching 50-75 location of charitable activity: u.s. - Colorado, California, Connecticut, Arizona, Tennessee, Florida, ghana, africa india london, england

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of total spending goes to programs and the filed numbers largely add up. A relatively small share of available resources goes toward mission work and assets have declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 67
  • Transparency & Controls: 82
  • Sustainability: 66
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 47.1%; rating input score 47
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

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

Sustainability

  • Operating margin: 53%; rating input score 93; 93rd percentile among comparable filings
  • Total-asset coverage ratio: 0.68; rating input score 47; 47th percentile among comparable filings
  • Liabilities to assets ratio: 0.8; rating input score 6; 6th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 5.7% per year; rating input score 100; 47th percentile among comparable filings
  • Revenue growth: 8.5% per year; rating input score 100; 59th percentile among comparable filings
  • Asset growth: -0% per year; rating input score 0; 26th percentile among comparable filings

Details

  • Where the money goes: 47.1% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $64K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2020 to 2025
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • 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 47/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 47/100.
  • High — Sustainability: Liabilities to assets ratio scored 6/100.