Legacy Ladies Inc
- Assets
- $415.1k
- Revenue
- $56.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Calabasas, CA
- Founding
- 11/2004
- Data as of
- 12/2023
- EIN
- 20-1486836
Organization Overview
Legacy Ladies Inc is located in Calabasas, CA. The organization was established in 2004. According to its NTEE Classification (P30) the organization is classified as: Children & Youth Services, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Legacy Ladies Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Legacy Ladies Inc generated $56.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (6.0%) each year. All expenses for the organization totaled $82.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.3%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORTING DISADVANTAGED FAMILIES AND SCHOOL AGE GIRLS
Describe the Organization's Program Activity:
Part 3 - Line 4a
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 OBJECTIVES OF THE PROGRAM ARE: (1) 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; (2) TO EXPAND THE LEADERSHIP PROGRAM TO OTHER HIGH SCHOOLS IN UNDERSERVED COMMUNITIES; AND (3) TO CONTINUE TO AWARD SCHOLARSHIPS TO GRADUATING SENIORS.
LEADERSHIP ACADEMY PROGRAM: DURING THE LAST EIGHTEEN YEARS, THE ORGANIZATION HAS AWARDED SCHOLARSHIPS TO 127 STUDENTS, TOTALING OVER $395,418 TO DESERVING GRADUATING STUDENTS FROM WASHINGTON PREPARATORY, CRENSHAW HIGH, AND DORSEY HIGH SCHOOLS. SINCE THE INCEPTION OF, "FROM THE SCHOOL HOUSE TO THE WHITE HOUSE LEADERSHIP PROGRAM," THE ORGANIZATION HAS CONTINUED TO TARGET GRADUATING SENIORS FROM THEIR PROGRAM, WHO HAVE PARTICIPATED FOR A MINIMUM OF TWO YEARS. THE LONG-TERM GOAL OF THE PROGRAM IS TO PROVIDE MORE SCHOLARSHIPS TO GRADUATING SENIORS, AS THE ORGANIZATION EXPANDS THE LEADERSHIP PROGRAM TO OTHER HIGH SCHOOLS IN DISADVANTAGED COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jacqueline Castillo Exec. Director & Financial | Trustee | 40 | $0 |
Miyoshi Price Vice-President | Trustee | 10 | $0 |
Toni Counts Rose Treasurer | Trustee | 10 | $0 |
Dillesha Davis Secretary | Trustee | 5 | $0 |
Patricia Smith Board Member | Trustee | 5 | $0 |
Vernell Taylor Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $2,237 |
| Fundraising events | $95,756 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $27,232 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $125,225 |
| Total Program Service Revenue | $25,163 |
| Investment income | $314 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$94,009 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $56,693 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $22,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,839 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,956 |
| Advertising and promotion | $5,000 |
| Office expenses | $9,212 |
| Information technology | $1,158 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,923 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,125 |
| All other expenses | $742 |
| Total functional expenses | $82,683 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $404,828 |
| Savings and temporary cash investments | $10,276 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $415,104 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $415,104 |
| Total liabilities and net assets/fund balances | $415,104 |