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Living Legacy International

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 205720006 ✦ Knoxville, TN ✦ Designated as a 501(c)(3)

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Overview

What is Living Legacy International?

Living Legacy International is a nonprofit organization situated in Knoxville, Tennessee. Their primary focus is on Christian-based public leadership training, aiming to equip individuals with the necessary skills. They reach out to a database of 250 individuals through quarterly newsletters and make conference presentations to over 300 people. The organization also offers a Marriage Tune-Up Weekend, providing 20 hours of counseling to strengthen relationships. Another project, Operation Shoebox, provides support to soldiers by sending them essential items. Through these initiatives, Living Legacy International aims to improve and transform lives, enhance marriages, and foster healthier family and parent-child relationships.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 47% (Zero-Star out of Four Star Rating)

Living Legacy International has received a low rating of 47%, indicating significant concerns regarding its financial health and accountability. While the organization exhibits strengths in governance with a majority of independent board members and a solid conflict of interest policy, this is overshadowed by its poor financial metrics, particularly a low program expense ratio of 34.64%. This suggests that a limited portion of its resources is being directed towards its programs.

The charity's accountability measures appear robust, with no material diversion of assets and proper documentation practices. However, the liabilities to assets ratio of 0.00% suggests potential financial vulnerabilities that may need addressing to ensure sustainability. The lack of sufficient program expenses raises questions about the effectiveness and impact of its initiatives, which is critical for a nonprofit's mission fulfillment.

In summary, while Living Legacy International demonstrates good governance practices, the alarming financial metrics highlight a need for improvement in resource allocation to programs. Donors and stakeholders may want to consider these factors carefully before contributing to or partnering with the organization.


This AI summary has been generated from information found on Charity Navigator.

Is Living Legacy International legitimate?

Living Legacy International is a legitimate nonprofit organization registered as a 501(c)(3) entity. Living Legacy International submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Living Legacy International?

Living Legacy International is dedicated to providing Christian-based public leadership training. Their mission involves conducting quarterly newsletters, delivering conference presentations to numerous individuals, and organizing a Marriage Tune-Up Weekend offering 20 hours of counseling. The organization also engages in Operation Shoebox, providing essentials to soldiers. Through these activities, Living Legacy International aims to foster personal growth, strengthen marriages, and improve family and parent-child relationships. Additionally, they offer encouragement and support to military chaplains and soldiers.

Who is the CEO of Living Legacy International?

Joseph Wasmond is the Board Chairman of Living Legacy International.

What is the revenue of Living Legacy International?

Living Legacy International's revenue in 2022 was $25,745.

Who are the executives of Living Legacy International and what are their salaries?


Here are 5 key members and their salaries:


David Stooksbury (Board Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susie Whitener (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Col Owen Ragland (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Wasmond (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Broome (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Living Legacy International?

Living Legacy International's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Living Legacy International

Living Legacy International, a Christian-based organization, is dedicated to providing public leadership training. Their mission is centered around empowering individuals through comprehensive training programs. They distribute a quarterly newsletter to a database of 250 individuals, engaging them in ongoing discussions and sharing of insights. Beyond the newsletter, Living Legacy International presents conference presentations to over 300 attendees, offering a platform for knowledge exchange and skill development.

One of their notable initiatives is the "Marriage Tune Up Weekend," a 20-hour counseling session designed to strengthen marital bonds and improve communication within couples. This program is just one example of how Living Legacy International seeks to enhance familial relationships, helping families become more cohesive and functional units. In addition to these programs, Living Legacy International also participates in Operation Shoe Box, a project that sends care packages to soldiers, offering a small token of support and encouragement. Through these various initiatives, Living Legacy International strives to bring about change in individuals' lives, strengthen marriages, and improve family and parent-child relationships.

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Impact




August, 2024

Living Legacy International's impact can be seen in the lives changed, marriages strengthened, and healthier family and parent/child relationships resulting from their work. With activities such as mailing quarterly newsletters to a database of 250 individuals, conducting conference presentations reaching over 300 people, providing a marriage tune-up weekend with 20 hours of counseling, and running Operation Shoebox to support soldiers, Living Legacy International has made a significant difference. Their efforts have also included encouraging military chaplains and soldiers, ultimately contributing to a more positive and supportive community.




This information is meant to be a general summary of Living Legacy International. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$25,745 (2022)
Expenses
$23,611 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $25,745
  • Gross Receipts: $25,745

Assets and Liabilities:

  • Total Assets: $10,055
  • Total Liabilities: $0
  • Net Assets: $10,055

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

DONATIONS

Revenue

$25,745

Organization Details

Founding Year

2007

Principal Officer

Joseph Wasmond

Main Address

PO BOX 51903, Knoxville, TN, 37950

NTEE Category

Code: X192 - Religion related

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