Overview
What is Legacy Advancement?
Legacy Advancement is a public charity, serving as the fundraising arm for Legacy Charter School. Their primary mission is to advocate for and support the establishment of charter schools that offer high-quality, rigorous, and relevant educational programs, with a focus on underprivileged urban students. Their goal is to empower these students to become well-rounded, productive citizens, ultimately achieving college graduation. To accomplish this, Legacy Advancement seeks grants and solicits funds from the public. Their strategy includes promoting an educational success strategy that integrates academic excellence, nutrition, and fitness, aiming to ensure students' overall success in life. Legacy Advancement is based in Greenville, South Carolina.
Official website here: www,legacyadv.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88%, Three-Star out of Four Star Rating
Legacy Advancement has received a solid Three-Star rating from Charity Navigator, indicating a strong performance in accountability and finance. The charity's overall score is derived solely from its Accountability & Finance metrics, where it achieved an impressive score of 88%. This rating reflects the organization’s commitment to financial transparency and effective governance.
Strengths noted in the evaluation include a fully independent board, with 100% of its members complying with independence standards. Additionally, the organization demonstrated robust financial oversight, as evidenced by a complete audit and oversight committee, no reported material diversions of assets, and a high program expense ratio of 89.18%, suggesting that the majority of funds are directed towards fulfilling its mission.
However, there are areas for improvement, particularly in governance policies. The charity is missing a whistleblower policy and a document retention and destruction policy, which could impact its risk management practices. Despite these limitations, Legacy Advancement appears to operate with strong financial health and governance overall, making it a generally reliable option for donors.
This AI summary has been generated from information found on Charity Navigator.
Is Legacy Advancement legitimate?
Legacy Advancement is a legitimate nonprofit organization registered as a 501(c)(3) entity. Legacy Advancement 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:
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Professional Fundraising Fees: $0
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Official website here: www,legacyadv.org
What is the mission statement of Legacy Advancement?
Legacy Advancement, serving as the fundraising arm for Legacy Charter School, is committed to promoting an educational strategy aimed at underserved students. This strategy integrates academic excellence, nutrition, and fitness, with the ultimate goal of driving students towards college graduation and lifelong success. The organization's mission is to support and promote the establishment of charter schools that offer high-quality, rigorous, and relevant educational programs, enabling urban students from underserved backgrounds to transform into productive, healthy, and principled citizens in a changing society. Legacy Advancement achieves this by applying for grants and soliciting funds from the general public to further its cause.
Official website here: www,legacyadv.org
Who is the CEO of Legacy Advancement?
William W Brown is the President of Legacy Advancement.
Official website here: www,legacyadv.org
What is the revenue of Legacy Advancement?
Legacy Advancement's revenue in 2022 was $1,397,776.
Official website here: www,legacyadv.org
Who are the executives of Legacy Advancement and what are their salaries?
Here are 6 key members and their salaries:
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Official website here: www,legacyadv.org
Where can I find the form 990 for Legacy Advancement?
Legacy Advancement's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www,legacyadv.org
Learn more at the official website: www,legacyadv.org
Mission Statement of Legacy Advancement
Legacy Advancement, serving as the fundraising arm of Legacy Charter School, is dedicated to fostering an educational strategy that caters specifically to underserved students. This strategy encompasses three key elements: academic excellence, nutrition, and fitness. The ultimate goal is to propel these students towards college graduation and a successful life in a changing society. By supporting and promoting the establishment of charter schools with a mission to deliver quality, rigorous, and relevant educational programs, Legacy Advancement aims to provide urban students with the opportunity to evolve into productive, healthy, and principled citizens. The organization's activities to actualize this mission include pursuing grants and soliciting funds from the general public.
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Impact
July, 2024
Legacy Advancement's impact is focused on promoting an educational success strategy for underserved students that combines academic excellence, nutrition, and fitness, ultimately leading to college graduation and life success. Through its fundraising efforts, Legacy Advancement supports the establishment of charter schools with missions that aim to offer quality, rigorous, and relevant educational programs to empower underserved urban students. The organization plays a crucial role in providing these students with the opportunity to become productive, healthy, and principled citizens in a changing society.
This information is meant to be a general summary of Legacy Advancement. 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: $735
- Gross Receipts: $1,397,776
Assets and Liabilities:
- Total Assets: $2,282,667
- Total Liabilities: $248,295
- Net Assets: $2,034,372
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Organization Details
Founding Year
2014
Phone
(864) 558-0626Principal Officer
William W Brown
Main Address
104 BROADUS AVE, GREENVILLE, SC, 29601
Website
www,legacyadv.orgNTEE Category
Code: B12 - Education
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