Legacy Stone Inc
- Assets
- $1.4m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 5
- Location
- Pawleys Island, SC
- Founding
- 07/2015
- Data as of
- 12/2023
- EIN
- 47-1669603
Organization Overview
Legacy Stone Inc is located in Pawleys Island, SC. The organization was established in 2015. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2023, Legacy Stone Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Legacy Stone 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 Stone Inc generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 23.8% each year . All expenses for the organization totaled $844.0k during the year ending 12/2023. While expenses have increased by 14.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
TO CREATE HEALTHIER, MORE PRODUCTIVE WORKPACES, LEAD OTHERS TO CHRIST AND SERVE AS A GREATER LIGHT AND LIFE TO THOSE AROUND THEM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DAY WITH DAVID GREEN INSPIRATIONAL EVENTS - WE WERE BLESSED WITH 7 DAY WITH DAVID GREEN EVENTS - HOSTED AT THE HOBBY LOBBY HEADQUARTERS - ALLOWING FOR HUNDREDS OF PASTORS AND BUSINESS LEADERS TO HEAR THEIR STORY OF: TRUSTING GOD, BUILDING THEIR BUSINESS ON BIBLICAL PRINCIPLES AND CHOOSING GENEROSITY FOR KINGDOM-IMPACT AS ONE OF THEIR PRIMARY AIMS IN LIFE.
ALL OTHER ACCOMPLISHMENTS - OTHER PURPOSES RELATED TO MISSION OF THE MINISTRY.
FAMILY LEGACY SPEAKING - OVER THE COURSE OF THE YEAR WE HAD THE OPPORTUNITY TO INSPIRE, ENCOURAGE, AND EQUIP AUDIENCES WITH THE LIFE-TRANSFORMING MESSAGE THAT "FAMILY WAS MEANT TO BE MULTI-GENERATIONAL" CHALLENGING THEM TO: WRITE THEIR VISION, MISSION AND VALUES, ENGAGE THE NEXT GENERATION, HOLD FAMILY MEETINGS, IMPACT THEIR COMMUNITY AND LIVE FOR A BIGGER PICTURE.
FAMILY LEGACY WORKSHOPS - TAKING OUR MINISTRY TO A DEEPER LEVEL - WE CREATED AND CONDUCTED ONSITE FAMILY LEGACY WORKSHIPS - ALLOWING ANYWHERE FROM 10 TO 50 COUPLES TO ENGAGE IN OUR SIX SESSIONS AROUND FAMILY VISION, COMMUNICATION, CONFLICT RESOLUTION, GENEROSITY AND KINGDOM IMPACT.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Holly Cervini Secretary | Trustee | 10 | $0 |
Lane Byrum Treasurer | Trustee | 10 | $0 |
Ben Redmond President | Trustee | 10 | $0 |
Brandon Schaefer Executive Director | Officer | 15 | $71,900 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,459,995 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,459,995 |
| Total Program Service Revenue | $103,784 |
| Investment income | $3,430 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$16,000 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,560,977 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $117,700 |
| Compensation of current officers, directors, key employees. | $17,655 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $193,518 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $27,272 |
| Payroll taxes | $18,788 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,975 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $98,608 |
| Advertising and promotion | $70,804 |
| Office expenses | $10,439 |
| Information technology | $29,431 |
| Royalties | $0 |
| Occupancy | $5,728 |
| Travel | $86,820 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $10,959 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $22,570 |
| Insurance | $340 |
| All other expenses | $1,736 |
| Total functional expenses | $844,031 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $543,793 |
| Savings and temporary cash investments | $184,363 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $6,531 |
| Loans from Officers, Directors, or Controlling Persons | $16,758 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $2,170 |
| Inventories for sale or use | $330 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $565,714 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $41,455 |
| Other assets | $0 |
| Total assets | $1,361,114 |
| Accounts payable and accrued expenses | $3,150 |
| 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 | $21 |
| Secured mortgages and notes payable | $356,833 |
| Unsecured mortgages and notes payable | $189,865 |
| Other liabilities | $19,408 |
| Total liabilities | $569,277 |
| Net assets without donor restrictions | $791,837 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $1,361,114 |