Overview
What is Legacy Cares Inc?
Legacy Cares Inc, a 501c3 nonprofit organization situated in Mesa, Arizona, is committed to fostering teamwork and perseverance through sports activities. Their mission extends beyond athletes, catering to individuals of all ages, economic backgrounds, and skill levels. By constructing a 320-acre sports and entertainment park, they offer various facilities like football/soccer fields, basketball courts, pickleball courts, beach volleyball courts, and softball fields. This park aims to provide an enjoyable and inclusive environment for individuals to enhance their skills and lead healthy lives. Legacy Cares serves its community by offering diverse sporting, artistic, educational, and entertainment amenities, enabling growth and the realization of hidden talents.
Official website here: www.legacycaresinc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars, 66%)
Legacy Cares Inc has received a two-star rating from Charity Navigator, reflecting a need for improvement in its accountability and financial practices. While the organization has a relatively high program expense ratio of 91.18%, indicating that it allocates a significant portion of its expenses to its programs, it struggles with transparency regarding its financial statements, having received a score of zero in this area.
The nonprofit's governance features some positive aspects, including a fully independent board and the presence of conflict of interest and whistleblower policies. However, the liabilities to assets ratio of 126.37% raises concerns about its financial health, suggesting that the organization may have more obligations than it can cover with its assets. Overall, while Legacy Cares Inc demonstrates a commitment to programmatic spending, its financial disclosure practices and overall sustainability warrant further attention.
This AI summary has been generated from information found on Charity Navigator.
Is Legacy Cares Inc legitimate?
Legacy Cares Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Legacy Cares Inc 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: $337,022
Professional Fundraising Fees: $0
Other Salaries and Wages: $126,620
For more financial information, click here
Official website here: www.legacycaresinc.org
What is the mission statement of Legacy Cares Inc?
Legacy Cares Inc, as a 501c3 non-profit organization, is committed to offering a diverse range of sports, artistic, educational, and entertainment activities for individuals of all ages, backgrounds, and athletic abilities. The organization's mission is to establish a secure and welcoming environment where families can engage in these activities, fostering teamwork, camaraderie, and perseverance, essential elements in both athletic competition and personal success. By providing opportunities for exploration, learning, and skill development, Legacy Cares aims to uncover hidden talents and promote a healthy lifestyle.
Official website here: www.legacycaresinc.org
What is the revenue of Legacy Cares Inc?
Legacy Cares Inc's revenue in 2023 was -$173,161,664.
Official website here: www.legacycaresinc.org
Who are the executives of Legacy Cares Inc and what are their salaries?
The average compensation at Legacy Cares Inc during 2023 was $115,910. There are 4 employees and 3 volunteers at Legacy Cares Inc.
Here are 6 key members and their salaries:
- Compensation: $146,294
- Related: $0
- Other: $0
- Compensation: $142,917
- Related: $0
- Other: $0
- Compensation: $69,034
- 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.legacycaresinc.org
Where can I find the form 990 for Legacy Cares Inc?
Legacy Cares Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.legacycaresinc.org
Learn more at the official website: www.legacycaresinc.org
Mission Statement of Legacy Cares Inc
Legacy Cares, Inc., a 501c3 organization, is committed to offering a diverse array of sporting, artistic, educational, and entertainment opportunities for individuals of all ages and backgrounds. The non-profit's primary mission is to create a secure, welcoming environment where people can engage in various activities, fostering teamwork, camaraderie, and perseverance – fundamental elements in athletic competition and personal growth. Legacy Cares serves its community by providing a platform for individuals to explore, learn, and enhance their existing skills, with the aim of unlocking hidden talents and promoting a healthier lifestyle. By offering these amenities, the organization strives to contribute positively to the development and well-being of its community members.
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Impact
July, 2024
Legacy Cares Inc's impact is significant, as it provides athletes and non-athletes of all ages, economic backgrounds, and levels of athletic proficiency with the opportunity to participate in sports. By fostering teamwork, perseverance, and camaraderie, Legacy Cares helps individuals develop key skills for athletic competition and overall success in life. Additionally, by constructing a World Class sports and entertainment park with various facilities, Legacy Cares is creating a safe and inclusive environment for families to enjoy different sporting activities, promoting a healthy lifestyle and providing opportunities for personal growth and skill development.
This information is meant to be a general summary of Legacy Cares 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $45,424
- Program Service Revenue: $19,501,519
- Gross Receipts: $42,989,704
Assets and Liabilities:
- Total Assets: $274,504,525
- Total Liabilities: $302,452,046
- Net Assets: -$27,947,521
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Food & Beverage Sales
Revenue
$3,817,668
Sports and Event Revenue
Revenue
$15,683,851
Organization Details
Founding Year
2018
Principal Officer
Douglas G Moss
Website
www.legacycaresinc.orgNTEE Category
Code: N40 - Recreation
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