Legacy Foundation Corporation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
empower students by providing essential life skills and career training, while fostering connections through cultural learning programs and travel experiences. We aspire to help in the transition from teens to adults by developing their outlook on lifE.
- Income
- $262,764
- Spending
- $266,166
- Spent on programs
- 100%
- Reserves
- 1.4 months of spending
- Largest source of income
- donations and private grants, 100%
- Employees
- 0
- Volunteers
- 2
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
Fair: 68 out of 100. Higher than 34% of charities in its peer group (health care, $250k to $1m).
Reserves
10 of 35Spendable reserves would cover 1.4 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
8 of 15Spending exceeded income by 1% of income.
Income trend
15 of 15Income rose 586% on the year before.
Spending floor
15 of 15100% of spending went to programs and raising each dollar of donations cost 0 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
Fair: 61 out of 100. Higher than 28% of charities in its peer group (health care, $250k to $1m).
Independent board
18 of 253 of 3 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no 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.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports 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)
- $266,166 spent. Empower students by providing essential life skills and career training, while fostering connections through cultural learning programs and travel experiences. We aspire to help in the transition from teens to adults by developing their outlook on life through amazing, life-changing experiences and fun, action-packed adventures, both domestically and abroad. Guided by our core valuesLearning, Equity, Growth, Advocacy, and Community (LEGAC)we uphold the principle that Access Opportunity Equality. Through our Life Skills Training Academy, we envision a future where everyone has equal access to opportunities that provide a pathway for skill development, in an inclusive and empowering space where they can thrive and reach their full potential. One of our signature programs, Read the Room, is a dynamic and impactful initiative that encourages participants to understand their inner emotions and personal surroundings to adapt effectively. Additionally, we offer follow-up counseling and problem-solving support plus career placement guidance to ensure that the connections made during the program continue to benefit participants in their lifelong learning journey. As part of our commitment to cross-cultural understanding, our students interact and study the cultures of their peers in countries such as Guatemala, Cuba, various African nations, Mexico, and Thailand. We provide opportunities for study abroad and host visits by students from these countries, enriching the experience and broadening the perspectives of our participants. At Life Skills Training Academy, we are dedicated to providing a transformative experience that prepares young adults for success in both their personal and professional lives.
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 September 7, 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 September 30, 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 September 10, 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 September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since February 2019.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 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 7, 2026.
Could it be confused with another charity? Worth knowing.
A much larger organization has a similar name: Hemp Legacy Foundation Inc (Surprise, AZ), EIN 46-4998097. If that is the one you meant, check the EIN before giving.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 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.