Overview
What is Christian Legacy Foundation?
The Christian Legacy Foundation is a nonprofit organization situated in Nashville, Tennessee. Established with a focus on promoting spiritual growth and Christian healing, its primary objectives involve providing assistance and resources to further personal development, foster Christian healing, and disseminate the teachings of God. The foundation has set up its headquarters in the parsonage of the East Brentwood Presbyterian Church, undergoing essential renovations and securing rental concessions for its contributions. Among its future projects, the foundation aims to renovate the church's attic space and embark on a joint mission in Guatemala with the Presbytery of Middle Tennessee and the East Brentwood Presbyterian Church, focusing on education, pastoral training, and mission work. The organization also plans to support individuals and organizations in their faith journeys and offer pastoral care and counseling to remnant church members. Furthermore, it intends to fund activities of other nonprofit Christian, charitable, and educational organizations through grants.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 47%, Zero-Star out of Four Star rating.
The Christian Legacy Foundation has received a low rating of 47%, leading to a Zero-Star designation. This rating is primarily derived from its Accountability & Finance score, which reflects the organization's financial management and governance practices. While the foundation demonstrates strengths in board independence and conflict of interest policies, it struggles significantly in key financial metrics, particularly in its program expense ratio and liabilities to assets.
Strengths highlighted include a fully independent board, with all three members meeting the independence criteria, and the absence of any material diversion of assets. The foundation is also noted for its clear policies on document retention and the maintenance of board meeting minutes. However, the financial performance indicators are concerning, as the organization reported a 0.00% ratio for both program expenses and liabilities to assets, which raises questions about its operational effectiveness and sustainability.
Overall, while the foundation has established a robust governance framework, its financial health appears weak, indicating potential challenges in fulfilling its mission. Stakeholders should approach this organization with caution and consider its financial practices when evaluating potential support.
This AI summary has been generated from information found on Charity Navigator.
Is Christian Legacy Foundation legitimate?
Christian Legacy Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Christian Legacy Foundation 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: $101,948
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Christian Legacy Foundation?
The Christian Legacy Foundation's mission is centered around providing assistance for personal spiritual growth, fostering Christian healing, and spreading the teachings of God. To achieve this, the organization conducts various activities. These include offering pastoral care and counseling to members of a specific church, engaging in mission work and assistance both domestically and internationally, providing theological education and training, conducting spiritual research, and offering crisis response and assistance. The foundation also supports individuals and organizations in their faith journeys through teaching, mentoring, counseling, caring, and offering sacramental services. Furthermore, the foundation plans to fund activities of other nonprofit, charitable, and educational Christian organizations through grants.
Who is the CEO of Christian Legacy Foundation?
Stephen K Cottingham is the President/Director of Christian Legacy Foundation.
What is the revenue of Christian Legacy Foundation?
Christian Legacy Foundation's revenue in 2022 was $61,484.
Who are the executives of Christian Legacy Foundation and what are their salaries?
The average compensation at Christian Legacy Foundation during 2022 was $101,948. There is 1 employee and 2 volunteers at Christian Legacy Foundation.
Here are 3 key members and their salaries:
- Compensation: $70,284
- Related: $0
- Other: $32,137
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Christian Legacy Foundation?
Christian Legacy Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Christian Legacy Foundation
The Christian Legacy Foundation is dedicated to providing aid and resources that foster personal spiritual growth, encourage Christian healing, and spread the word of God. The organization's mission is to continue the legacy and mission of the First United, Evangelical, and Reformed Church by offering various services. This includes offering pastoral care and counseling to the church's remnant members, conducting mission work and assistance both domestically and internationally, providing theological education and training, engaging in spiritual research, and offering spiritual heritage research and assistance.
Furthermore, the Christian Legacy Foundation is involved in historical research and crisis response and assistance. It also supports individuals and organizations on their faith journeys by offering teaching, mentoring, counseling, caring, and providing sacramental services. Lastly, the foundation plans to fund activities of other nonprofit Christian, charitable, and educational organizations through grants. In essence, the Christian Legacy Foundation aims to promote spiritual growth and healing, spread the word of God, and support others on their faith journeys.
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Impact
August, 2024
Christian Legacy Foundation's impact can be seen through its efforts to further personal spiritual growth, foster Christian healing, and spread the word of God. The foundation has focused on establishing a healthy organizational structure and securing an office location at the Parsonage of the East Brentwood Presbyterian Church. Additionally, they have initiated projects such as renovating the parsonage attic space for small group meetings and prayer, and collaborating on a joint mission in Guatemala focused on education and pastoral training. Through their activities, the foundation is continuing the heritage and mission of the First United, Evangelical and Reformed Church by providing pastoral care, conducting mission work, theological education, spiritual research, and crisis response. Their support also extends to individuals and organizations in their faith journeys through teaching, mentoring, counseling, and sacramental services.
This information is meant to be a general summary of Christian Legacy Foundation. 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: $61,209
- Gross Receipts: $63,978
Assets and Liabilities:
- Total Assets: $2,237,616
- Total Liabilities: $0
- Net Assets: $2,237,616
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Organization Details
Founding Year
2017
Phone
(615) 674-1664Principal Officer
Stephen K Cottingham
Main Address
PO BOX 58151, NASHVILLE, TN, 37205
NTEE Category
Code: X20 - Religion related
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