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Nonprofit · EIN 81-1162877

LEGACY COLLEGE INC

Tax-exempt · LYNCHBURG, VA 24501

Financials

$120K$136K2023$84K$80K2024
Revenue Expenses · by fiscal year end
Financials of LEGACY COLLEGE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$83,990$80,222$3,768$16,289$1,419$14,870
December 31, 2023990-EZ$120,210$135,705-$15,495$58,653$26$58,627
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$83,990

Expenses

Compensation of officers, directors and key employees
$17,917
Salaries, compensation and benefits (total)
$43,959
Professional fees and payments to contractors
$9,567
Other expenses
$26,696
Program services (functional)
$61,689

Balance sheet and other

Total assets, start of year
$58,653
Total assets, end of year
$16,289
Total liabilities, end of year
$1,419
Net assets, end of year
$14,870
Cash, savings and investments
$16,289
Gross receipts
$83,990

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
RANDY DUNTONBOARD MEMBER0$17,917
DARYL CONNERCHAIRMAN0$0
BILL DUNTONBOARD MEMBER0$0
REV JONATHAN SLOCUMBBOARD MEMBER0$0
DR ED BAUCHOUBOARD MEMBER0$0
990-EZ for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
RANDY DUNTONBOARD MEMBER0.25$32,990
DARYL CONNERCHAIRMAN0.25$0
BILL DUNTONBOARD MEMBER0.25$0
REV JONATHAN SLOCUMBBOARD MEMBER0.25$0
DR ED BAUCHOUBOARD MEMBER0.25$0

Address and contacts

Address (IRS master file)
2713 CLOVER LANE, LYNCHBURG, VA 24501-0000
Signed the 990-EZ
RANDY DUNTON, BOARD MEMBER
Phone
(434) 841-9999
Return prepared by
ABACUS BUSINESS CONSULTING LLC

Mission

LEGACY COLLEGE PROVIDES MULTIPLE OPTIONS TO PRODUCE ECONOMIC EMPOWERMENT FOR INDIVIDUALS THAT SUFFER FROM INTERGENERATIONAL POVERTY.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • THEY DO THIS BY PROVIDING OPPORTUNITIES FOR ACCREDITED ACADEMICS WITH LOCAL COMMUNITY COLLEGES, IMPROVEMENT COMMON LIFE SKILLS INCLUDING MONEY AND TIME MANAGEMENT, AND CAREER DEVELOPMENT INCOME.
    Expenses $50,782
  • ALL OTHER LEGITMATE EXPENSES.
    Expenses $10,907

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
81-1162877
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2021
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$16,289
Income (IRS master file)
$83,990

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$83,990$80,222$16,289XML
990-EZDecember 2023$120,210$135,705$58,653XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 81-1162877).

Questions about LEGACY COLLEGE INC

What is the EIN of LEGACY COLLEGE INC?
The employer identification number (EIN) of LEGACY COLLEGE INC is 81-1162877.
Is LEGACY COLLEGE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to LEGACY COLLEGE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LEGACY COLLEGE INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of LEGACY COLLEGE INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LEGACY COLLEGE INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who are the officers and directors of LEGACY COLLEGE INC?
The 990-EZ for the year ended December 31, 2024 lists 5 people; 1 received compensation from the organization, the highest $17,917 (RANDY DUNTON, BOARD MEMBER).
How much revenue does LEGACY COLLEGE INC have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $83,990, expenses of $80,222 and total assets of $16,289 at year end.

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