Overview
What is The Legacy Foundation Of Hartford Inc?
The Legacy Foundation of Hartford Inc. is a nonprofit organization situated in Hartford, Connecticut, specifically at 1229 Albany Avenue, 3rd Floor. Their primary mission is to combat educational and health disparities, with a particular focus on the youth of the North End of Hartford. They achieve this through their own initiatives, such as the Legacy Exposure and Access Program (LEAP), which supports 75 students from elementary school to college, including college preparation. Furthermore, they contribute to various community projects that align with their mission. With a team of two dedicated individuals, the foundation strives to make a positive impact in the lives of Greater Hartford's residents.
Official website here: www.legacyfoundationhartford.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69%, earning a Two-Star out of Four Star rating. The Legacy Foundation of Hartford Inc has an overall accountability and finance score of 69, indicating room for improvement in certain governance practices. While the organization benefits from a majority of independent board members and an effective audit and oversight committee, it has not fully implemented important policies such as conflict of interest and whistleblower protections.
Strengths of the foundation include a high program expense ratio of 87.73%, suggesting that a significant portion of its funds is directed toward its mission-driven activities. The organization demonstrates sound financial oversight, with no material diversion of assets reported, which highlights its commitment to safeguarding donor contributions.
However, the foundation faces critical limitations due to the absence of several key governance policies, which may affect its overall operational transparency and accountability. Additionally, the liabilities to assets ratio of 83.80% raises concerns about its financial stability. Enhancing its governance framework and addressing these issues could significantly improve its rating and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Legacy Foundation Of Hartford Inc?
The Legacy Foundation of Hartford Inc has received mixed feedback from its early reviewers on Facebook, with a total of four reviews. While the foundation has not yet established a formal rating, the comments indicate a generally positive sentiment.
Some users describe the venue as a "nice place," expressing their affection for the space. There's enthusiasm from one reviewer who is considering hosting a party at the location, which suggests that the facility is seen as suitable for gatherings and events.
Overall, early impressions highlight a favorable opinion about the setting and ambiance of The Legacy Foundation of Hartford, indicating that it is appreciated within the community.
This AI summary has been generated from reviews found on Facebook.
Is The Legacy Foundation Of Hartford Inc legitimate?
The Legacy Foundation Of Hartford Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Legacy Foundation Of Hartford Inc 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: $58,773
Professional Fundraising Fees: $0
Other Salaries and Wages: $65,275
For more financial information, click here
Official website here: www.legacyfoundationhartford.org
What is the mission statement of The Legacy Foundation Of Hartford Inc?
The Legacy Foundation of Hartford's mission is focused on addressing educational and health disparities, with a special emphasis on supporting youth in the community. They accomplish this goal through their own initiatives, such as the Legacy Exposure and Access Program (LEAP), and by backing various community projects that align with their mission. The LEAP program, serving students from elementary school to college, strives to enhance academic success and prepare them for higher education. The foundation aims to make a positive impact on the lives of local residents, working towards a more equitable education system and improved health outcomes for all.
Official website here: www.legacyfoundationhartford.org
Who is the CEO of The Legacy Foundation Of Hartford Inc?
Greg Jones is the Chairman/Executive Director of The Legacy Foundation Of Hartford Inc.
Official website here: www.legacyfoundationhartford.org
What is the revenue of The Legacy Foundation Of Hartford Inc?
The Legacy Foundation Of Hartford Inc's revenue in 2022 was $473,396.
Official website here: www.legacyfoundationhartford.org
Who are the executives of The Legacy Foundation Of Hartford Inc and what are their salaries?
The average compensation at The Legacy Foundation Of Hartford Inc during 2022 was $62,024. There are 2 employees and 15 volunteers at The Legacy Foundation Of Hartford Inc.
Here are 4 key members and their salaries:
- Compensation: $54,293
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.legacyfoundationhartford.org
Where can I find the form 990 for The Legacy Foundation Of Hartford Inc?
The Legacy Foundation Of Hartford Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.legacyfoundationhartford.org
Learn more at the official website: www.legacyfoundationhartford.org
Mission Statement of The Legacy Foundation Of Hartford Inc
The Legacy Foundation of Hartford, as an organization, is committed to addressing educational and health disparities, with a significant focus on the youth residing in the North End of Hartford. This nonprofit endeavors to achieve its mission by employing its own initiatives, such as the Legacy Exposure and Access Program (LEAP), as well as by supporting various community projects that align with its goals. The foundation's flagship program, LEAP, is a comprehensive approach aimed at enhancing academic success. It begins in elementary school and continues through high school, with a strong emphasis on preparing students for college. The Legacy Foundation of Hartford seeks to serve Legacy Scholars, which are Greater Hartford residents or Legacy students attending college, through this program.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
The Legacy Foundation Of Hartford Inc has a significant impact on addressing educational and health disparities for residents of the North End of Hartford, with a particular focus on youth. Through initiatives like the Legacy Exposure and Access Program (LEAP), the foundation provides educational enrichment to 75 students, starting from elementary school and continuing through high school with an emphasis on college preparation. By supporting various community projects that align with its mission, The Legacy Foundation is actively working to improve the academic success and overall well-being of Greater Hartford residents, especially youth.
This information is meant to be a general summary of The Legacy Foundation Of Hartford 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $78
- Gross Receipts: $473,396
Assets and Liabilities:
- Total Assets: $134,276
- Total Liabilities: $18,580
- Net Assets: $115,696
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2011
Phone
(860) 956-1911Principal Officer
Greg Jones
Main Address
1229 Albany Avenue 3rd Floor, Hartford, CT, 06112
NTEE Category
Code: E70 - Health
If you are a representative of The Legacy Foundation Of Hartford Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.