Legacy Ministry Foundation
- Assets
- $17.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Edmond, OK
- Founding
- 07/2014
- Data as of
- 12/2020
- EIN
- 46-3491785
Organization Overview
Legacy Ministry Foundation is located in Edmond, OK. The organization was established in 2014. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Legacy Ministry Foundation 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 12/2020, Legacy Ministry Foundation generated $23.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.8%) each year. All expenses for the organization totaled $21.7k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (8.0%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
THE LEGACY MINISTRY BEGAN IN AUGUST 2013. THE LEGACY MINISTRY SEEKS TO HELP COUPLES BUILD THEIR MARRIAGES ON THE FIRM FOUNDATION OF JESUS CHRIST; TO LIVE THEIR LIVES SACRIFICIALLY TO GOD AND EACH OTHER, SO THAT THEY CAN DISCIPLE THEIR CHILDREN, TEACHING THEM TO LOVE GOD AND OTHERS, TO GROW IN WISDOM, STATURE AND IN FAVOR WITH GOD AND OTHERS, AND TO SERVE HIM FAITHFULLY, FOR THE GLORY OF GOD. THE MINISTRY WILL DO THIS BY COACHING PARENTS ONE ON ONE, IN A SMALL GROUP SETTING, AND/OR THROUGH A CHURCH OR ORGANIZATION. THE INTENTION OF THE MINISTRY IS TO HELP COUPLES BUILD A MARRIAGE BASED ON BIBLICAL PRINCIPLES, AND THEN HELP THEM TO LEAVE THE LEGACY OF JESUS CHRIST WITH THEIR CHILDREN. EVENTUALLY, THE MINISTRY HOPES TO PROVIDE FAMILIES WITH CURRICULUM THAT WILL HELP THEM AS THEY PURSUE CHRIST AND LEAVING HIS LEGACY. THE LEGACY MINISTRY WILL BE FUNDED MAINLY BY CHARITABLE CONTRIBUTIONS, FEES TO CHURCHES FOR SPEAKING ENGAGEMENTS, AND FEES FOR CURRICULUM.
THE LEGACY MINISTRY BEGAN IN AUGUST 2013. THE LEGACY MINISTRY SEEKS TO HELP COUPLES BUILD THEIR MARRIAGES ON THE FIRM FOUNDATION OF JESUS CHRIST; TO LIVE THEIR LIVES SACRIFICIALLY TO GOD AND EACH OTHER, SO THAT THEY CAN DISCIPLE THEIR CHILDREN, TEACHING THEM TO LOVE GOD AND OTHERS, TO GROW IN WISDOM, STATURE AND IN FAVOR WITH GOD AND OTHERS, AND TO SERVE HIM FAITHFULLY, FOR THE GLORY OF GOD. THE MINISTRY WILL DO THIS BY COACHING PARENTS ONE ON ONE, IN A SMALL GROUP SETTING, AND/OR THROUGH A CHURCH OR ORGANIZATION. THE INTENTION OF THE MINISTRY IS TO HELP COUPLES BUILD A MARRIAGE BASED ON BIBLICAL PRINCIPLES, AND THEN HELP THEM TO LEAVE THE LEGACY OF JESUS CHRIST WITH THEIR CHILDREN. EVENTUALLY, THE MINISTRY HOPES TO PROVIDE FAMILIES WITH CURRICULUM THAT WILL HELP THEM AS THEY PURSUE CHRIST AND LEAVING HIS LEGACY. THE LEGACY MINISTRY WILL BE FUNDED MAINLY BY CHARITABLE CONTRIBUTIONS, FEES TO CHURCHES FOR SPEAKING ENGAGEMENTS, AND FEES FOR CURRICULUM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katina Louderback Executive Dir. | 40 | $17,000 | |
Scotty Louderback Director | 8 | $0 | |
Brian Crisman Board Member | 1 | $0 | |
Jeff Hanson Board Member | 1 | $0 | |
Josh Malone Board Member | 1 | $0 | |
Michael Graham Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,650 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $23,650 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $18,300 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,389 |
| Total expenses | $21,689 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $17,216 |
| Other assets | $0 |
| Total assets | $17,216 |
| Total liabilities | $0 |
| Net assets or fund balances | $17,216 |
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