Overview
What is Legacy Early Learning Academy?
Legacy Early Learning Academy, situated in Grapevine, Texas at 2501 Stone Myers Parkway, is a dedicated nonprofit organization. Primarily focusing on children aged 0 to 13, it operates both preschool and after-school programs. The academy's mission is to foster lifelong educational and social success in its students. Its activities and mission are aligned, aiming to equip children with the necessary skills and knowledge for their future. With a workforce of 60 dedicated individuals, Legacy Early Learning Academy is committed to shaping the lives of young learners, contributing to their holistic growth and development.
Official website here: www.legacyela.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating.
Legacy Early Learning Academy has received a solid Three-Star rating from Charity Navigator, reflecting a commendable overall score primarily based on its Accountability & Finance metrics. The organization's performance in this area is strong, with a particularly noteworthy program expense ratio of 84.53%, indicating that a significant portion of its funds is dedicated to its programs rather than administrative costs.
The organization showcases a highly independent governance structure, with 100% of its board members being independent. This is a positive indicator of transparency and ethical management, as it helps ensure that decision-making is free from conflicts of interest. Additionally, the presence of robust policies, including a conflict of interest policy and a whistleblower policy, further demonstrates a commitment to accountability.
While the rating reflects a strong commitment to responsible financial practices, it is based solely on one beacon score. Future evaluations may benefit from a more comprehensive review including other metrics such as impact or community engagement. Overall, Legacy Early Learning Academy appears to operate with integrity and a strong focus on its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Legacy Early Learning Academy legitimate?
Legacy Early Learning Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Legacy Early Learning Academy 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $763,459
For more financial information, click here
Official website here: www.legacyela.com
What is the mission statement of Legacy Early Learning Academy?
Legacy Early Learning Academy's mission is centered around preparing children for a successful journey in both their educational and social lives. This mission is carried out through their preschool and after-school programs, catering to children from age 0 to 13. The academy aims to equip these young learners with the necessary skills and knowledge that will set them up for lifelong success. Although specific strategies or initiatives are not mentioned, it can be inferred that the academy focuses on holistic development, encompassing both academic and social growth.
Official website here: www.legacyela.com
Who is the CEO of Legacy Early Learning Academy?
Lisa Rose is the Board Member of Legacy Early Learning Academy.
Official website here: www.legacyela.com
What is the revenue of Legacy Early Learning Academy?
Legacy Early Learning Academy's revenue in 2022 was $1,769,602.
Official website here: www.legacyela.com
Who are the executives of Legacy Early Learning Academy and what are their salaries?
The average compensation at Legacy Early Learning Academy during 2022 was $12,724. There are 60 employees at Legacy Early Learning Academy.
Here are 7 key members and their salaries:
- Compensation: $14,250
- Related: $0
- Other: $0
- Compensation: $2,400
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- 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.legacyela.com
Where can I find the form 990 for Legacy Early Learning Academy?
Legacy Early Learning Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.legacyela.com
Learn more at the official website: www.legacyela.com
Mission Statement of Legacy Early Learning Academy
Legacy Early Learning Academy, abbreviated as LELA, is dedicated to preparing children for a lifelong journey of educational and social success. Its mission is to foster an environment that nurtures and supports young learners from the age of zero to thirteen. By providing a comprehensive preschool and after-school program, LELA aims to equip these children with the necessary skills to thrive in various aspects of their lives. This holistic approach to education and social development is at the core of LELA's mission, aiming to set a solid foundation for each child's future.
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Impact
July, 2024
Legacy Early Learning Academy's impact is profound, as it plays a crucial role in preparing children for lifelong educational and social success. This institution, based in Grapevine, Texas, offers a comprehensive preschool and after-school program for children aged 0-13. By focusing on early childhood education and holistic development, Legacy Early Learning Academy helps shape the future generation into confident, well-rounded individuals ready to face the challenges of the modern world.
This information is meant to be a general summary of Legacy Early Learning Academy. 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: $2,977
- Program Service Revenue: $1,189,840
- Gross Receipts: $1,769,602
Assets and Liabilities:
- Total Assets: $751,291
- Total Liabilities: $41,898
- Net Assets: $709,393
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
Revenue
$1,138,642
FOOD PLAN
Revenue
$32,449
SCHOOL SUPPLY INCOME
Revenue
$12,434
REGRISTRATION FEES
Revenue
$5,875
LATE FEE
Revenue
$440
Organization Details
Founding Year
2019
Phone
(817) 329-2939Principal Officer
Lisa Rose
Main Address
2501 STONE MYERS PARKWAY, GRAPEVINE, TX, 76051
Website
www.legacyela.comNTEE Category
Code: B20 - Education
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