Legacy Inc
- Assets
- $1.0m
- Revenue
- $355.9k
- Investments
- $0.0
- Employees
- 3
- Location
- Montgomery, AL
- Founding
- 03/1993
- Data as of
- 12/2023
- EIN
- 63-1078376
Organization Overview
Legacy Inc is located in Montgomery, AL. The organization was established in 1993. According to its NTEE Classification (C60) the organization is classified as: Environmental Education, under the broad grouping of Environment and related organizations. As of 12/2023, Legacy Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Legacy 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 Inc generated $355.9k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $357.1k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (4.8%) 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
TO PROMOTE AND DEVELOP A STATEWIDE PROGRAM OF ENVIRONMENTAL EDUCATION IN ALABAMA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ENVIRONMENTAL EDUCATION - THE DEVELOPMENT OF ENVIRONMENTAL EDUCATION PROGRAMS AND MATERIALS FOR USE IN SCHOOL GRADES K-12 INCLUDING TEACHER TRAINING. FOCUS IS ON ENVIRONMENTAL ISSUES AND WATER SOURCES.
MARKETING PUBLICATIONS DISTRIBUTED TO THE PUBLIC: DROPS AND WATTS - TIPS ON HOW TO CONSERVE WATER AND ENERGY HELPING YOURSELF TO A HEALTHY HOME - TIPS ON INDOOR ENVIRONMENTAL HEALTH SMART DRIVING GUIDE - TIPS ON MAKING VEHICLES MORE ENVIRONMENTALLY FRIENDLY EARTH SAVER WHEEL - TIPS ON PRESERVING THE EARTH AND ITS NATURAL RESOURCES ENERGY CONSERVATION WHEEL - TIPS ON CONSERVING ENERGY RESPONSIBLE GARDENING WHEEL - TIPS ON MAKING YOUR LAWN AND GARDEN MORE WATER WHEEL - GUIDE TO HOME WATER CONSERVATION POSTERS - ENVIRONMENTAL EDUCATION POSTERS SERIES RECYCLING AND EDUCATIONAL COLORING ACTIVITY BOOK
ENVIRONMENTAL EDUCATION GRANTS - GRANTS AWARDED TO SUPPORT ENVIRONMENTAL EDUCATION IN ALABAMA. GRANT PROGRAM UP TO 2,500 PER GRANT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr David West President | OfficerTrustee | 1 | $0 |
Dr Michal Robinson Vice Preside | OfficerTrustee | 1 | $0 |
James Lowery Secretary | OfficerTrustee | 1 | $0 |
Cindy Goocher Treasurer | OfficerTrustee | 1 | $0 |
Gavin Adams Board Member | Trustee | 1 | $0 |
David Cline Board Member | Trustee | 1 | $0 |
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 | $327,480 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $327,480 |
| Total Program Service Revenue | $13,170 |
| Investment income | $11,596 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $355,884 |
| 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. | $96,037 |
| Compensation of current officers, directors, key employees. | $31,692 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $46,941 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,140 |
| Payroll taxes | $9,723 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $9,366 |
| Office expenses | $13,594 |
| Information technology | $4,386 |
| Royalties | $0 |
| Occupancy | $28,683 |
| Travel | $7,358 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,037 |
| Insurance | $6,485 |
| All other expenses | $32,800 |
| Total functional expenses | $357,062 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $450,520 |
| Savings and temporary cash investments | $509,475 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $14,723 |
| 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 | $7,228 |
| Net Land, buildings, and equipment | $2,398 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $26,235 |
| Total assets | $1,010,579 |
| Accounts payable and accrued expenses | $27,319 |
| 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 | $26,235 |
| Total liabilities | $53,554 |
| Net assets without donor restrictions | $957,025 |
| 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 | $1,010,579 |