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Nonprofit · EIN 82-2387012

LEGACY OF EXCELLENCE INC

Tax-exempt (reinstated) · NEW ORLEANS, LA 70115

Financials

$19.8M$14.6M2023$16.4M$15.8M2024
Revenue Expenses · by fiscal year end
Financials of LEGACY OF EXCELLENCE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$16,361,573$15,778,753$582,820$16,839,382$1,452,193$15,387,189
June 30, 2024990$19,800,255$14,622,503$5,177,752$17,127,600$2,084,596$15,043,004
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$3,997,080
of which government grants
$3,220,333
Program service revenue
$10,529,315
Investment income
$475,401
Other revenue
$1,359,777

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$374,472
Other salaries and wages
$6,978,394
Salaries, compensation and benefits (total)
$9,738,410
Professional fundraising fees
$0
Legal fees
$36,140
Accounting fees
$22,400
Occupancy
$499,668
Travel
$1,456,892
Depreciation
$434,651
Program services (functional)
$11,911,592
Management and general (functional)
$3,867,161

Balance sheet and other

Total assets, start of year
$17,127,600
Total assets, end of year
$16,839,382
Total liabilities, end of year
$1,452,193
Net assets, end of year
$15,387,189
Land, buildings and equipment
$768,253
Publicly traded securities
$8,386,253
Net assets without donor restrictions
$15,325,702
Net assets with donor restrictions
$61,487
Gross receipts
$16,361,573
Employees
145
Volunteers
30
Year formed
2017
State of legal domicile
LA

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 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
JEREMYE BROOKSCHIEF EXECUTIVE OFFICER
Highest-paid employee
40$139,718
PATRICE JOSEPHSCHOOL PRINCIPAL
Highest-paid employee
40$117,405
NICHELLE LOGAN-JONESSCHOOL PRINCIPAL
Highest-paid employee
40$117,349
BOBBIE STEVENSONBOARD MEMBER
Trustee or director
2$0
NIA WOODS-HAYDELBOARD MEMBER
Trustee or director
2$0
DETRICH HERBERT-JOHNSONBOARD MEMBER
Trustee or director
2$0
DEVIN TURNERBOARD MEMBER
Trustee or director
2$0
TOMMIE VASSELPRESIDENT
Officer
2$0
CYNTHIA STEWARDVICE PRESIDENT
Officer
2$0
SUSAN VAUGHNTREASURER
Officer
2$0
990 for the year ended June 30, 2024: 9 people
NameTitleHours / weekCompensationOther / benefits
NICHELLE LOGAN-JONESSCHOOL PRINCIPAL
Highest-paid employee
40$110,694$18,103
PATRICE JOSEPHSCHOOL PRINCIPAL
Highest-paid employee
40$110,216$12,807
BOBBIE STEVENSONBOARD MEMBER
Trustee or director
2$0$0
ALICIA THOMASBOARD MEMBER
Trustee or director
2$0$0
NIA WOODS-HAYDELBOARD MEMBER
Trustee or director
2$0$0
DETRICH HERBERT-JOHNSONBOARD MEMBER
Trustee or director
2$0$0
TOMMIE VASSELPRESIDENT
Officer
2$0$0
CYNTHIA STEWARDVICE PRESIDENT
Officer
2$0$0
SUSAN VAUGHNTREASURER
Officer
2$0$0

Address and contacts

Address (IRS master file)
1116 JEFFERSON AVE, NEW ORLEANS, LA 70115-3012
In care of
% CHARLOTTE MATTHEW
Principal officer (990 for 2024)
SUSAN VAUGHN, 1116 JEFFERSON AVENUE, NEW ORLEANS, LA 70115
Signed the 990
SUSAN VAUGHN, TREASURER
Phone
(504) 359-7708
Return prepared by
LUTHER SPEIGHT & COMPANY CERTIFIED PUBLIC ACCOUNTANTS & CONSULTANTS

Mission

TO EDUCATE CHILDREN TO EXCEL ACADEMICALLY AND INDIVIDUALLY.

990 for the year ended June 30, 2025

Program accomplishments

  • LEGACY OF EXCELLENCE CONTINUES EDUCATING CHILDREN TO EXCEL ACADEMICALLY AND INDIVIDUALLY.
    Expenses $11,911,592 · revenue $12,364,493

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
82-2387012
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2025
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B29)
Assets (IRS master file)
$16,839,382
Income (IRS master file)
$16,361,573

Revocation and reinstatement

Exemption revoked
May 15, 2024
Posted by the IRS
February 11, 2025
Reinstated
Effective May 15, 2024

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$16,361,573$15,778,753$16,839,382IRS
990June 2024$19,800,255$14,622,503$17,127,600XML
990June 2021–––IRS
990June 2020–––IRS
990June 2018–––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 82-2387012).

Questions about LEGACY OF EXCELLENCE INC

What is the EIN of LEGACY OF EXCELLENCE INC?
The employer identification number (EIN) of LEGACY OF EXCELLENCE INC is 82-2387012.
Is LEGACY OF EXCELLENCE INC tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2024 and reinstated it effective May 15, 2024.
Are donations to LEGACY OF EXCELLENCE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LEGACY OF EXCELLENCE 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 OF EXCELLENCE INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LEGACY OF EXCELLENCE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of LEGACY OF EXCELLENCE INC?
The 990 for the year ended June 30, 2025 names SUSAN VAUGHN.
Who are the officers and directors of LEGACY OF EXCELLENCE INC?
The 990 for the year ended June 30, 2025 lists 10 people; 3 received compensation from the organization, the highest $139,718 (JEREMYE BROOKS, CHIEF EXECUTIVE OFFICER).
How much revenue does LEGACY OF EXCELLENCE INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $16,361,573, expenses of $15,778,753 and total assets of $16,839,382 at year end.

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