Legacy College Inc

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

EIN: 811162877 ✦ Lynchburg, VA ✦ Designated as a 501(c)(3)

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Overview

What is Legacy College Inc?

Legacy College Inc is a nonprofit organization committed to addressing intergenerational poverty. They achieve this goal by collaborating with local community colleges, offering accredited education programs. Beyond academic growth, Legacy College fosters essential life skills such as effective money management and time utilization. Furthermore, they provide career development opportunities to facilitate income generation. Their comprehensive initiatives also cover other eligible expenses, empowering individuals to break the cycle of poverty.


Official website here: www.legacy-edu.org

Is Legacy College Inc legitimate?

Legacy College Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Legacy College 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.


Official website here: www.legacy-edu.org

What is the mission statement of Legacy College Inc?

Legacy College Inc's mission is centered around fostering economic empowerment for individuals impacted by intergenerational poverty. They achieve this by collaborating with local community colleges to offer accredited educational programs. Additionally, they focus on enhancing essential life skills such as financial and time management, and provide career development opportunities to help individuals secure income. Their programs also cover various legitimate expenses, aiming to break the cycle of poverty and improve the overall livelihood of individuals.


Official website here: www.legacy-edu.org

Who is the CEO of Legacy College Inc?

Unavailable


Official website here: www.legacy-edu.org

What is the revenue of Legacy College Inc?

Legacy College Inc's revenue in 2022 was $134,349.


Official website here: www.legacy-edu.org

Who are the executives of Legacy College Inc and what are their salaries?


Here are 5 key members and their salaries:


Daryl Conner (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Dunton (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Jonathan Slocumb (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Dunton (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Ed Bauchou (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.legacy-edu.org

Where can I find the form 990EZ for Legacy College Inc?

Legacy College Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.legacy-edu.org

Learn more at the official website: www.legacy-edu.org

Mission Statement of Legacy College Inc

Legacy College Inc is dedicated to combating intergenerational poverty by offering various avenues for economic empowerment. The organization achieves this mission by collaborating with local community colleges to deliver accredited academic programs. Besides academic instruction, Legacy College also focuses on enhancing essential life skills, such as effective money and time management, to equip individuals for success. Furthermore, the nonprofit provides career development opportunities to help individuals secure stable income sources. Legacy College's comprehensive approach ensures that all legitimate expenses associated with the programs are covered, aiming to provide a holistic and sustainable solution for those struggling with poverty.

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Impact




October, 2024

Legacy College Inc is making a significant impact by addressing the challenges faced by individuals in intergenerational poverty in Lynchburg, VA. By partnering with local community colleges, they provide access to accredited academic programs that enhance educational opportunities. This not only improves academic qualifications but also opens doors to stable employment, fostering economic empowerment.

In addition to academic support, Legacy College focuses on developing essential life skills, including money management and time management. These skills are crucial for individuals to navigate daily challenges and make informed decisions that contribute to their financial stability. The organization also emphasizes career development opportunities, equipping participants with the tools they need to advance in their chosen fields.

By covering all legitimate expenses associated with education and skill development, Legacy College Inc removes significant barriers that often hinder individuals from pursuing their goals. This comprehensive approach not only uplifts individuals but also strengthens the community as a whole by breaking the cycle of poverty and promoting sustainable economic growth. Overall, Legacy College is fostering a pathway to success for those who need it most, ultimately creating lasting change in the lives of participants and their families.




This information is meant to be a general summary of Legacy College 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
$134,349 (2022)
Expenses
$168,124 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $134,349

Assets and Liabilities:

  • Total Assets: $74,564
  • Total Liabilities: $142
  • Net Assets: $74,422

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Organization Details

Main Address

1218 RIVERMONT AVE, LYNCHBURG, VA, 24504

NTEE Category

Code: B30 - Education

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