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Passes our checks

Project Legacy

EIN 81-1223253 · Rochester, MN

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood71 out of 100GovernanceGood86 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

PROJECT LEGACY PROVIDES HOPE, CONNECTIONS AND SUPPORT TO YOUTH AND YOUNG ADULTS OF COLOR WHO MAY HAVE EXPERIENCED POVERTY, TRAUMA, AND HOMELESSNESS, OR ARE REFUGEES FROM WAR-TORN COUNTRIES AND WHO HAVE NOT HAD A POSITIVE SUPPORT SYSTEM, ALLOWING THEM TO TRANSFORM THEIR LIVES AND BECOME INVOLVED MEMBERS OF OUR COMMUNITY.

Income
$492,706
Spending
$474,327
Spent on programs
85%
Reserves
1 months of spending
Largest source of income
government grants, 51%
Employees
10
Volunteers
200
Highest pay
$76,563, executive director

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: 71 out of 100. Higher than 45% of charities in its peer group (human services, $250k to $1m).

  • Reserves

    10 of 35

    Spendable reserves would cover 1.0 months of spending.

  • Debt

    16 of 20

    It owes 20% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 4% of income.

  • Income trend

    15 of 15

    Income rose 33% on the year before.

  • Spending floor

    15 of 15

    84% of spending went to programs and raising each dollar of donations cost 1 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: 86 out of 100. Higher than 72% of charities in its peer group (human services, $250k to $1m).

  • Independent board

    25 of 25

    10 of 10 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • Independent check of accounts

    6 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or 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 (1)
  1. $400,645 spent. LEGACY SCHOLARS IS AN INNOVATIVE PROGRAM DESIGNED TO HELP RETAIN FIRST-GENERATION STUDENTS AND YOUNG ADULTS OF COLOR THROUGH GRADUATION, HELPING PROVIDE SUPPORT, ASSISTANCE AND SKILLS TO CONTRIBUTE TO THEIR EDUCATIONAL SUCCESS. THROUGH SUPPORTING 85 YOUNG PEOPLE IN 2024 THROUGH TUITION AND EDUCATION ASSISTANCE, RENT ASSISTANCE, FOOD, MENTAL HEALTH SERVICES, BASIC NEEDS, RECOVERY SUPPORT AND CASE MANAGEMENT, PROJECT LEGACY CONTINUES OUR MISSION OF PROVIDING HOPE AND OPPORTUNITIES TO YOUNG PEOPLE WILLING TO MAKE THE NECESSARY CHANGES IN THEIR LIVES.PROGRAMMING FOR PARTICIPANTS OF THE LEGACY SCHOLARS PROGRAM INCLUDES: TUITION AND RENT ASSISTANCE EDUCATIONAL ASSISTANCE AND TUTORING MENTAL HEALTH SUPPORT MEALS AND GROCERIES EDUCATIONAL SUPPLIES MENTORSHIP COLLEGE VISITS CAREER PLANNING2024 LEGACY SCHOLARS OUTCOMES INCLUDE:6 COLLEGE DEGREES, ONE HIGH SCHOOL DIPLOMA AND A TECHNICAL DEGREE WERE EARNED BY BIPOC, FIRST-GENERATION STUDENTS.$38,000 WAS INVESTED IN HOUSING ASSISTANCE FOR YOUTH STRUGGLING TO REMAIN IN COLLEGE. $1,000 WAS PROVIDED FOR MEDICAL AND DENTAL EXPENSES$10,600 WAS INVESTED IN THE COST OF GROCERIES AND NOURISHMENT$6,500 WAS INVESTED IN HELPING YOUTH WITH CLOTHING COSTS$8,000 SUPPORTED TELECOMMUNICATIONS COSTS$54,207 WAS INVESTED IN TUITION ASSISTANCE $5,700 WAS PROVIDED IN CHILDCARE ASSISTANCE COSTS$3,000 WAS PROVIDED FOR COLLEGE VISITS$10,000 WAS PROVIDED FOR SCHOOL SUPPLIESYOUNG PEOPLE AGES 16-24 WHO HAVE GROWN UP IN GENERATIONAL POVERTY AND FACED MULTIPLE BARRIERS ARE ELIGIBLE FOR THIS PROGRAM.

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

  1. 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.

  2. Has the IRS revoked its tax-exempt status? Worth knowing.

    Status was revoked on May 15, 2016 for not filing returns for three years, and reinstated on October 15, 2016.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. 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.

  4. 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.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since December 2016.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. 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.