Overview
What is The Legacy Institute?
The Legacy Institute is a nonprofit organization situated in Colorado Springs, Colorado. With a modest workforce of two individuals, its mission is centered around promoting public education and community development in the region. One of its notable projects includes an investment in the Hillside Maker Space, which aims to enrich the Hillside Community and Legacy Loop trail system by establishing a neighborhood-based maker space. This institute is dedicated to contributing positively to the Colorado Springs community.
Official website here: www.springslegacy.org
Is The Legacy Institute legitimate?
The Legacy Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Legacy Institute 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: $268,807
Professional Fundraising Fees: $0
Other Salaries and Wages: $75,000
For more financial information, click here
Official website here: www.springslegacy.org
What is the mission statement of The Legacy Institute?
The Legacy Institute is committed to promoting public education and community development. Specifically, they aim to enhance education and foster development within Colorado Springs, as stated in their mission statement. One of their initiatives includes investing in the Concrete Couch project, which will establish a neighborhood-based maker space and contribute to the Legacy Loop trail system in the community. This project, scheduled under O, is part of their broader mission to advance education and development in the area.
Official website here: www.springslegacy.org
Who is the CEO of The Legacy Institute?
Zachary Mccomsey is the CEO of The Legacy Institute The CEO's salary of The Legacy Institute is $245,000 and their total compensation is $268,793.
Official website here: www.springslegacy.org
What is the revenue of The Legacy Institute?
The Legacy Institute's revenue in 2023 was $655,245.
Official website here: www.springslegacy.org
Who are the executives of The Legacy Institute and what are their salaries?
The average compensation at The Legacy Institute during 2023 was $171,904. There are 2 employees at The Legacy Institute.
Here are 9 key members and their salaries (The Legacy Institute's CEO's salary is $245,000 and their total compensation is $268,793):
- Compensation: $245,000
- Related: $0
- Other: $23,793
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.springslegacy.org
Where can I find the form 990 for The Legacy Institute?
The Legacy Institute's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.springslegacy.org
Learn more at the official website: www.springslegacy.org
Mission Statement of The Legacy Institute
The Legacy Institute is committed to driving progress in the realm of public education and community development. With a focus on advancing these vital sectors, the organization seeks to make a meaningful impact in various communities. Specifically, one of their initiatives involves investing in the Concrete Couch project, which aims to establish a maker space in a neighborhood setting. This initiative is expected to enrich the Hillside Community and contribute to the development of the Legacy Loop trail system. The Legacy Institute's work in public education and community development is ongoing, with further details available in their schedule.
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Impact
October, 2024
The Legacy Institute has significantly advanced public education and community development in Colorado Springs through various initiatives. A key project, the Hillside Maker Space, represents a substantial investment aimed at fostering creativity and hands-on learning within the Hillside community. This maker space not only enhances educational opportunities but also contributes to the revitalization of the Legacy Loop trail system, promoting connectivity and engagement among residents. By prioritizing community-focused projects, The Legacy Institute plays a vital role in strengthening social ties and encouraging collaborative growth within the neighborhood, ultimately enhancing the quality of life for its residents.
This information is meant to be a general summary of The Legacy Institute. 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 2023.
- Investment Income: $488
- Gross Receipts: $4,183,729
Assets and Liabilities:
- Total Assets: $3,590,490
- Total Liabilities: $1,381,914
- Net Assets: $2,208,576
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Organization Details
Founding Year
2017
Principal Officer
Zachary Mccomsey
Website
www.springslegacy.orgNTEE Category
Code: B12 - Education
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