Training Legends Foundation Corp

Nonprofit profile at a glance

EIN
825004661
IRS 990-EZ coverage
2024–2024
Forms available
Form 990-EZ 2024, Form 990-N 2023
Location
Marietta, GA, USA
Phone
4044212475
Rating
44
Verdict
MIXED
Rating confidence
Moderate
Sector
Philanthropy, Voluntarism, and Grantmaking Foundations N.E.C.

Official website

Reported finances

Revenue
$137,132
Expenses
$81,659
Assets
$146,103
Liabilities
$27,000

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

Leadership & pay

3 people listed

Executive titles in this filing

  • KAMILA LUIGS (EXECUTIVE DIRECTOR)

People named in this filing

  • BRANDON MADDOX (DIRECTOR)
  • CURTIS ROSE (DIRECTOR)
  • KAMILA LUIGS (EXECUTIVE DIRECTOR)

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

Our organization is working to bend the cost curve down for youth summer all-star and travel baseball players and their families while helping to build and sustain strong recreational parks.

What it reported doing in 2024

As youth baseball evolves in new ways, training legends foundation will provide opportunities for both young people and great coaches to stay in the game of baseball, while also helping recreational parks to build and sustain youth baseball programs in the atlanta metropolitan area.the tl foundation does this by supporting players, who cannot afford to play travel baseball, and great coaches, who utilize their skills to mentor young players. We also partner with recreational parks to build and sustain youth baseball programming in various ways, from equipment drives and fundraising to capital improvement grants.the tl foundation was established by training legends as another way to help kids and families in need play and enjoy youth baseball at recreational parks through the player's youth.

Operating model

Revenue model
Donor-supported. 97% of the money available for current operations came from contributions and gifts.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

MIXED - The filed numbers largely add up and revenue comfortably covers expenses. 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: 0
  • Transparency & Controls: 100
  • Sustainability: 75
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

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

Sustainability

  • Operating margin: 40.5%; rating input score 90; 90th percentile among comparable filings
  • Total-asset coverage ratio: 1.79; rating input score 77; 77th percentile among comparable filings
  • Liabilities to assets ratio: 0.18; rating input score 19; 19th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • 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.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 19/100.