Legacy Coalition
- Assets
- $593.2k
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 1
- Location
- Little Rock, AR
- Founding
- 03/2019
- Data as of
- 06/2024
- EIN
- 83-1093725
Organization Overview
Legacy Coalition is located in Little Rock, AR. The organization was established in 2019. According to its NTEE Classification (X20) the organization is classified as: Christianity, 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 Coalition 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 06/2024, Legacy Coalition generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 29.0% each year . All expenses for the organization totaled $960.6k during the year ending 06/2024. While expenses have increased by 21.0% per year over the past 4 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
LC HELPS CHURCHES BUILD STRONG SUSTAINABLE GRANDPARENTING MINISTRIES ENLISTING CHRISTIAN GRANDPARENTS TO FULFILL THEIR BIBLICAL ROLE
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUMMIT CONFERENCE AND SEMINARS: LEGACY COALITION HOSTS A LIVE GRANDPARENTING SUMMIT THAT IS ALSO REBROADCAST TO OVER 130 CHURCHES, FEATURING MANY CHRISTIAN SPEAKERS WHO ENCOURAGE GRANDPARENTS, AS WELL AS TRAINING SESSIONS TO INITIATE, IMPROVE & MAINTAIN RELATIONSHIPS WITH ADULT CHILDREN AND GRANDCHILDREN. THE ESTIMATED IMPACT OF THE SUMMIT CONFERENCE IS ABOUT 7100 GRANDPARENTS. IN ADDITION, 12 LOCAL GRANDPARENTING SEMINARS WERE HELD AT DIFFERENT LOCATIONS THROUGHOUT THE COUNTRY.
RESOURCE DEVELOPMENT: LEGACY COALITION DEVELOPS AND PROVIDES RESOURCES FOR CHURCH GROUPS AND GRANDPARENTS TO STRENGTHEN THE RELATIONSHIPS WITH THEIR GRANDCHILDREN. IN THE PAST FISCAL YEAR, LEGACY COALITION DEVELOPED AND MAINTAINS FOUR ADDITIONAL RESOURCES FOR GRANDPARENTS: A YEARLY GRANDPARENTING PLANNER; A SERIES OF "LET'S TALK" CARDS; A SERIES OF SHORT VIDEO CLIPS PAIRED WITH GROUP DISCUSSION QUESTIONS FOR SMALL GROUPS; AND A CHILDREN'S BOOK ENTITLED "MY WISH OF ALL WISHES."
CHURCH MINISTRY: LEGACY COALITION PROVIDES CHURCH STRATEGISTS TO EN- COURAGE AND SUPPORT LOCAL GRANDPARENTING MINISTRY LEADERS. TRAINING VIA QUARTERLY MEETINGS IS PROVIDED TO SUPPORT AND ENCOURAGE MINISTRY GROWTH. THESE STRATEGISTS ALSO CONDUCT LOCAL, ONSITE GRANDPARENTING AS WELL AS REPRESENTING LC AT CONFERENCES. AN OPPORTUNITY WITH A GLOBAL PARTNERS RESULTED IN ADDING A STRATEGIST WHO IS BUILDING RELATIONSHIPS WITH INDEPENDENT, LIKE-MINDED GRANDPARENTING ORGAN- IZATIONS IN 8 COUNTRIES. CHURCH MINISTRY OUTREACH INCLUDES PODCASTS, BLOGS, SOCIAL MEDIA POSTS & "GRAND MONDAY NIGHTS," A WEEKLY WEBINAR GATHERING, WHERE SPEAKERS WITH EXPERTISE IN FAMILY & GRANDPARENTING RELATIONSHIPS REACH ABOUT 3000 GRANDPARENTS EACH WEEK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Larry Fowler President | OfficerTrustee | 40 | $46,219 |
Steven Bradford Vice Chairsecretary | OfficerTrustee | 20 | $19,600 |
Richard Leonard Treasurer | OfficerTrustee | 4 | $0 |
Valerie Bell Director | Trustee | 2 | $0 |
Jean Castille Director | Trustee | 2 | $0 |
Timothy Curtis Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $63,145 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $678,167 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $741,312 |
| Total Program Service Revenue | $487,700 |
| Investment income | $15,345 |
| 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 | $1,244,357 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $62,026 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $91,473 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $47,935 |
| Office expenses | $10,617 |
| Information technology | $44,172 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $831 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $333,306 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,439 |
| All other expenses | $0 |
| Total functional expenses | $960,552 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $379,667 |
| Savings and temporary cash investments | $213,566 |
| 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 | $593,233 |
| Accounts payable and accrued expenses | $1,313 |
| 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 | $1,313 |
| Net assets without donor restrictions | $560,812 |
| Net assets with donor restrictions | $31,108 |
| 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 | $593,233 |