Nonprofit · EIN 84-2294797
OVMS LEGUM LEGACY CHARITY
Tax-exempt · VIRGINIA BCH, VA 23462
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $3,607 | $5,744 | -$2,137 | $894 | $3,742 | -$2,848 |
| December 31, 2023 | 990 | $45,046 | $68,200 | -$23,154 | $6,638 | $7,349 | -$711 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $3,607
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Management and general (functional)
- $2,821
- Fundraising (functional)
- $2,923
Balance sheet and other
- Total assets, start of year
- $6,638
- Total assets, end of year
- $894
- Total liabilities, end of year
- $3,742
- Net assets, end of year
- -$2,848
- Net assets without donor restrictions
- -$2,848
- Gross receipts
- $3,607
- Employees
- 0
- Year formed
- 2019
- State of legal domicile
- VA
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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NICOLE LEGUM | SECRETARY Trustee or director, Officer | – | $0 |
| ADAM NEWMAN | PRESIDENT Trustee or director, Officer | – | $0 |
| LUCY NEWMAN | TREASURER Trustee or director, Officer | – | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MATTHEW BECKWITH | BOARD MEMBER Trustee or director | – | $0 |
| WILLIAM CORNWELL | TREASURER Trustee or director, Officer | – | $0 |
| FRANCIS SIMKINS III | BOARD MEMBER Trustee or director | – | $0 |
| LARRY LEGUM | BOARD MEMBER Trustee or director | – | $0 |
| NICOLE LEGUM | SECRETARY Trustee or director, Officer | – | $0 |
| KIMBERLY MARKHAM | VICE PRESIDE Trustee or director, Officer | – | $0 |
| ADAM NEWMAN | PRESIDENT Trustee or director, Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- 5040 CORPORATE WOODS DR STE 100, VIRGINIA BCH, VA 23462-4377
- In care of
- % ADAM NEWMAN
- Principal officer (990 for 2024)
- ADAM NEWMAN, 5040 CORPORATE WOODS DR SUITE 100, VIRGINIA BEACH, VA 23462
- Signed the 990
- ADAM NEWMAN, PRESIDENT
- Phone
- (757) 605-0500
- Website
- WWW.OVMLEGUMLEGACY.ORG
- Return prepared by
- BLUE ORANGE CPA GROUP
Mission
THE OVM'S LEGUM LEGACY CHARITY WAS BORN OUT OF THE IDEA OF PROVIDING A PLATFORM OF CHARITABLE CONTRIBUTIONS AND COMMUNITY INVOLVEMENT FOR ALL OVM FINANCIAL EMPLOYEES, REFERRAL PARTNERS AND CLIENTS. OVM HAS A LONGSTANDING TRADITION OF COMMUNITY GENEROSITY AND THIS CHARITY WILL ALLOW THE COMPANY TO ENCOURAGE MORE INCLUSION THROUGHOUT ALL AREAS OF THE ORGANIZATION. AARON ARCHER LEGUM, ONE OF OVM'S FOUNDERS, WAS ALSO A STAUNCH BELIEVER IN GIVING AND SHARING WITH THOSE IN NEED. THE COMBINED BELIEFS AND WISHES OF AARON AND OVM WILL BE SHARED, IN GREATER A CAPACITY WITH THE CREATION OF THE OVM LEGUM LEGACY CHARITY.
Program accomplishments
- SUPPORT LOCAL CHARITIES THROUGH CHARITABLE GIVING AND VOLUNTEER SERVICES
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 84-2294797
- 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
- 2019
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T30)
- Assets (IRS master file)
- $894
- Income (IRS master file)
- $3,607
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $3,607 | $5,744 | $894 | XML |
| 990 | December 2023 | $45,046 | $68,200 | $6,638 | XML |
| 990 | December 2022 | $237,816 | $219,905 | $27,608 | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 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 84-2294797).
Questions about OVMS LEGUM LEGACY CHARITY
- What is the EIN of OVMS LEGUM LEGACY CHARITY?
- The employer identification number (EIN) of OVMS LEGUM LEGACY CHARITY is 84-2294797.
- Is OVMS LEGUM LEGACY CHARITY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to OVMS LEGUM LEGACY CHARITY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does OVMS LEGUM LEGACY CHARITY file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of OVMS LEGUM LEGACY CHARITY 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 OVMS LEGUM LEGACY CHARITY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of OVMS LEGUM LEGACY CHARITY?
- The 990 for the year ended December 31, 2024 names ADAM NEWMAN.
- Who are the officers and directors of OVMS LEGUM LEGACY CHARITY?
- The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does OVMS LEGUM LEGACY CHARITY have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $3,607, expenses of $5,744 and total assets of $894 at year end.
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