Legacy Stone Inc
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- It reported loans to or from officers, directors or other insiders.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
EQUIPPING YOUR FAMILY TODAY FOR THEIR TOMORROW
- Income
- $3.3 million
- Spending
- $1.9 million
- Spent on programs
- 76%
- Reserves
- 10.5 months of spending
- Largest source of income
- donations and private grants, 89%
- Employees
- 6
- Volunteers
- 25
- Highest pay
- $188,621, ceo
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 89 out of 100. Higher than 75% of charities in its peer group (religion, $1m to $10m).
Reserves
28 of 35Spendable reserves would cover 10.5 months of spending.
Debt
16 of 20It owes 20% of what it owns.
Living within its means
15 of 15Income exceeded spending by 42% of income.
Income trend
15 of 15Income rose 109% on the year before.
Spending floor
15 of 1576% of spending went to programs and raising each dollar of donations cost 6 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 75 out of 100. Higher than 51% of charities in its peer group (religion, $1m to $10m).
Independent board
25 of 253 of 5 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
0 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
0 of 10Reports at least one of: diversion of assets, excess benefits, loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $496,309 spent. INSPIRATION EVENTS - WE WERE BLESSED WITH THE ABILITY TO FACILITATE SEVEN INSPIRATIONAL EVENTS IN 2024. THESE EVENTS ALLOWED FOR HUNDREDS OF PASTORS AND BUSINESS LEADERS TO BE INSPIRED BY STORIES OF TRUSTING GOD, BUILDING THEIR BUSINESS ON BIBLICAL PRINCIPLES, AND CHOOSING GENEROSITY FOR KINGDOM IMPACT.
- $496,309 spent. FAMILY LEGACY SPEAKING - OVER THE COURSE OF THE YEAR WE HAD THE OPPORTUNITY TO INSPIRE, ENCOURAGE, AND EQUIP AUDIENCES WITH THE LIFE-TRANSFORMING MESSAGE THAT "FAMILY WAS MEANT TO BE MULTI-GENERATIONAL" CHALLENGING THEM TO: WRITE THEIR VISION, MISSION AND VALUES, ENGAGE THE NEXT GENERATION, HOLD FAMILY MEETINGS, IMPACT THEIR COMMUNITY AND LIVE FOR A BIGGER PICTURE.
- $425,408 spent. 7 GENERATION FAMILY LEGACY STUDY & SMALL GROUP CURRICULUM - THIS STUDY BRINGS A HANDS-ON APPROACH FOR FAMILIES TO GAIN THE TOOLS AND BEGIN SHAPING THEIR PLAN TO A LASTING FAMILY. THROUGH BIBLICAL TEACHING AND APPLICATION, FAMILIES WILL CRAFT GUILDING VALUES, VISION AND MISSION STATEMENTS, AND LEARN HOW TO IMPLEMENT A PLAN THAT WALKS IN ALIGNMENT WITH GOD'S PURPOSE. WRITTEN FROM YEARS OF EXPERTISE SERVING FAMILIES, THIS 7-SESSION FAMILY STUDY WILL BRING NEW INSIGHT AND PRACTICAL APPLICATIONS DRIVEN FROM BIBLICAL TRUTH FOR CHRISTIAN PARENTS.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since July 2015.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.