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Legacy1 Inc

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

EIN: 270800962 ✦ Hampden, ME ✦ Designated as a 501(c)(3)

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Overview

What is Legacy1 Inc?

Legacy1 Inc is a charitable organization based on the principle of providing financial aid to students in need. This nonprofit has shown significant impact this year by granting multiple scholarships, thereby allowing recipients to persist in their educational pursuits. By offering this vital assistance, Legacy1 Inc plays a crucial role in fostering educational opportunities and empowering students who might otherwise face financial barriers.

Is Legacy1 Inc legitimate?

Legacy1 Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Legacy1 Inc submitted a form 990EZ, 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.

What is the mission statement of Legacy1 Inc?

Legacy1 Inc, as a mission, focuses on providing financial aid through scholarships for financially struggling students. This year, they have successfully distributed several scholarships, thereby enabling the recipients to persist in their educational journeys. The organization's activities are centered around the belief in the transformative power of education and the opportunity it provides for individuals to better their lives. By offering scholarships, Legacy1 Inc plays a significant role in ensuring that deserving students do not have to forego their educational pursuits due to financial constraints.

Who is the CEO of Legacy1 Inc?

Unavailable

What is the revenue of Legacy1 Inc?

Legacy1 Inc's revenue in 2023 was $4,350.

Who are the executives of Legacy1 Inc and what are their salaries?


Here are 6 key members and their salaries:


Henry Joy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beryle Johnston (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Carter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Carter (Director & Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Trundy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Sharon Clark (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Legacy1 Inc?

Legacy1 Inc's most recent form 990EZ was submitted in 2023 and can be accessed here.

Mission Statement of Legacy1 Inc

Legacy1 Inc, a nonprofit organization, is dedicated to supporting needy students by funding scholarships. Through their efforts, Legacy1 has successfully awarded multiple scholarships this year, allowing recipients to continue their educational journeys. The mission of Legacy1 is to alleviate financial burdens for deserving students, thereby enabling them to pursue their academic goals.

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Impact




August, 2024

Legacy1 Inc has a significant impact on the community by funding scholarships for needy students in HAMPDEN, ME. Their successful provision of multiple scholarships this year has enabled recipients to continue their education, making a positive difference in the lives of individuals striving to improve their futures. Through their focus on education, Legacy1 Inc is helping to uplift students and build a more educated and empowered society.




This information is meant to be a general summary of Legacy1 Inc. 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
$4,350 (2023)
Expenses
$10,791 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $4,350

Assets and Liabilities:

  • Total Assets: $100,351
  • Total Liabilities: $0
  • Net Assets: $100,351

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Organization Details

Main Address

1088 WESTERN AVE, HAMPDEN, ME, 04444

NTEE Category

Code: B82 - Education

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