Overview

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Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

Legacy Advance Inc is a nonprofit organization with the mission to support, train, and develop under-resourced leaders to create locally-based solutions to poverty. With an operating budget of $150.8K and total revenue of $195.7K for the filing year 2024, the organization relies on diverse funding sources, with no single funder providing 50% or more of its revenue. Although specific geographic operations are not detailed, the organization's focus on education services underscores its commitment to addressing poverty through leadership development.

Mission Statement

Organization's mission is to support, train and develop under-resourced leaders to create and implement locally-based solutions to poverty.
Revenues
$195.7K
Expenses
$150.8K
Net Income:
+$45K
Assets
$94.4K
Liabilities
$35.1K
Net Assets:
+$59.4K
Operating Budget
$150.8K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$10.3K
Largest grant received
$10.3K
A
Andreas Mehrguth
Board Member
T
Teresa L Mehrguth
Board Member
B
Bruce Farber
Board Member

Frequently Asked Questions

What is LEGACY ADVANCE INC’s budget?
In 2024, LEGACY ADVANCE INC reported an annual operating budget of around $151 thousand. More detailed financial information is available to registered users.
What causes does LEGACY ADVANCE INC support?
LEGACY ADVANCE INC supports work in Education services.
Where does LEGACY ADVANCE INC operate?
LEGACY ADVANCE INC is headquartered in MISSION VIEJO, CA.
Who funded LEGACY ADVANCE INC recently?
In 2024, LEGACY ADVANCE INC received grants from NATL CHRISTIAN CHARITABLE FDN INC. More information on this organization’s funders is available to registered users.
What is the largest grant LEGACY ADVANCE INC received in 2024?
The largest grant to LEGACY ADVANCE INC in 2024 exceeds $10 thousand.