Nonprofit · EIN 86-3276632
LEGACY ADVANCE INC
Tax-exempt · MISSION VIEJO, CA 92692
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $191,828 | $185,023 | $6,805 | $100,932 | $34,772 | $66,160 |
| December 31, 2024 | 990-EZ | $195,719 | $150,763 | $44,956 | $94,434 | $35,079 | $59,355 |
| December 31, 2023 | 990-EZ | $145,563 | $141,292 | $4,271 | $47,679 | $33,280 | $14,399 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $191,828
Expenses
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $146,031
- Professional fees and payments to contractors
- $4,485
- Printing, publications and postage
- $1,012
- Other expenses
- $33,495
- Program services (functional)
- $140,195
Balance sheet and other
- Total assets, start of year
- $94,434
- Total assets, end of year
- $100,932
- Total liabilities, end of year
- $34,772
- Net assets, end of year
- $66,160
- Cash, savings and investments
- $100,825
- Gross receipts
- $191,828
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANDREAS MEHRGUTH | President & CEO | 20 | $0 |
| TERESA L MEHRGUTH | Secretary | 20 | $0 |
| BRUCE FARBER | Treasurer | 5 | $0 |
990-EZ for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANDREAS MEHRGUTH | President & CEO | 20 | $0 |
| TERESA L MEHRGUTH | Secretary | 20 | $0 |
| BRUCE FARBER | Treasurer | 5 | $0 |
990-EZ for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANDREAS MEHRGUTH | President & CEO | 20 | $0 |
| TERESA L MEHRGUTH | Secretary | 20 | $0 |
| BRUCE FARBER | Treasurer | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 26512 SAN TORINI RD, MISSION VIEJO, CA 92692-6101
- In care of
- % TERRI MEHRGUTH
- Signed the 990-EZ
- ANDREAS MEHRGUTH, President & CEO
- Phone
- (949) 350-2335
- Return prepared by
- YVONNE R ONEILL CPA
California records
California keeps its own records of charities and corporations. Search them by EIN 86-3276632 or by the name LEGACY ADVANCE INC.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
Organization's mission is to support, train and develop under-resourced leaders to create and implement locally-based solutions to poverty.
Program accomplishments
- EMPOWER LEADERS TO CREATE INNOVATIVE, LOCAL SOLUTIONS TO POVERTY BY EQUIPPING THE LOCAL LEADERS WITH SKILLS AND SUPPORT NEEDED TO TRANSFORM THEIR COMMUNITIES.Expenses $140,195
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 86-3276632
- 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
- Category (NTEE)
- Education (B90)
- Assets (IRS master file)
- $100,932
- Income (IRS master file)
- $191,828
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $191,828 | $185,023 | $100,932 | IRS |
| 990-EZ | December 2024 | $195,719 | $150,763 | $94,434 | IRS |
| 990-EZ | December 2023 | $145,563 | $141,292 | $47,679 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | 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 86-3276632).
Questions about LEGACY ADVANCE INC
- What is the EIN of LEGACY ADVANCE INC?
- The employer identification number (EIN) of LEGACY ADVANCE INC is 86-3276632.
- Is LEGACY ADVANCE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to LEGACY ADVANCE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LEGACY ADVANCE 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 ADVANCE INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LEGACY ADVANCE INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who are the officers and directors of LEGACY ADVANCE INC?
- The 990-EZ for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does LEGACY ADVANCE INC have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $191,828, expenses of $185,023 and total assets of $100,932 at year end.
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