LIVING LEGACY INC

EIN: 822317465 501(c)(3) Human Services

LURAY, VA

Total Revenue
$100,941
Total Expenses
$133,893
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
VA
Principal Officer
AUDRE KING
Phone
5715654422
Tax Period
2023-01-01 to 2023-12-31

LIVING LEGACY INC, founded in 2017, is a small nonprofit in the Human Services sector that reported $101K in total revenue in fiscal year 2023. Revenue surged 32% from the prior year, signaling strong growth momentum. Expenses of $134K exceeded revenue, resulting in a 33% operating deficit.

Mission

We view our specific mission is to encourage personal development and healthy lifestyles for local youth to impact the Page County community now and future generations.

Program Service Accomplishments

Program 1
Expenses: $28,509 Revenue: $0

OUR PRINCIPLE PROGRAM IS OUR RECREATION PROGRAM. MUCH OF THE PROGRAM IS AIMED AT PROVIDING YOUTH AND RECREATION ACTIVITIES HELD AT THE WEST LURAY RECREATON CENTER, OUR HOME OF OPERATIONS.

Program 2
Expenses: $10,784 Revenue: $0

OUR SECOND PROGRAM IS A TUTORING PROGRAM WHICH WE WOULD USE OUR BUS TO PICK UP LOCAL CHILDREN, ESPECIALLY THOSE WIITH ACADEMIC DEFICIENCIES, AND HAVE THEM WORK WITH LOCAL HIGH SCHOOL HONOR SOCIETY...

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OUR SECOND PROGRAM IS A TUTORING PROGRAM WHICH WE WOULD USE OUR BUS TO PICK UP LOCAL CHILDREN, ESPECIALLY THOSE WIITH ACADEMIC DEFICIENCIES, AND HAVE THEM WORK WITH LOCAL HIGH SCHOOL HONOR SOCIETY STUDENTS. WE ALSO FEED STUDENTS A MEAL AND HAVE RECREATIONS DURING THE DAY.

Program 3
Expenses: $7,188 Revenue: $0

OUR THIRD PROGRAM IS THE NEW MENTAL HEALTH PROGRAM. WE SEEK WAYS TO HELP BOTH ADULTS AND YOUTH WHO DEAL WITH TRAMATIC LIFE EVENTS AND HAVE STRESS SUCH AS DOMESTIC VIOLENCE AND ADDICTIONS OF FAMILY...

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OUR THIRD PROGRAM IS THE NEW MENTAL HEALTH PROGRAM. WE SEEK WAYS TO HELP BOTH ADULTS AND YOUTH WHO DEAL WITH TRAMATIC LIFE EVENTS AND HAVE STRESS SUCH AS DOMESTIC VIOLENCE AND ADDICTIONS OF FAMILY MEMBERS. THE HELP WE PROVIDE IS GENERAL IN NATURE AND PROVIDE REFERRALS TO MENTAL HEALTH PROFESSIONALS IF NEEDED. IN OUR DAY TO DAY OPERATIONS WE ARE PROVIDING THEM A HEALTHY AND SAFE ENVIRONMENT.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $99,805
Program Service Revenue $0
Investment Income $1,136
Other Revenue $0
TOTAL REVENUE $100,941

Expense Breakdown

Grants Paid $0
Salaries & Benefits $33,392
Fundraising Expenses $3,821
Program Expenses $46,481
Other Expenses $100,501
TOTAL EXPENSES $133,893

Year-over-Year Comparison

2023 2022 Change
Revenue $100,941 $76,267 +0.3%
Expenses $133,893 $81,094 +0.7%
Net Income $-32,952 $-4,827 +5.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
5
Volunteers
12

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AUDRE KING PRESIDENT 40.00
Director
$0 $0 $0
ALAN HARRIS CHAIRMAN 5.00
Officer
$0 $0 $0
TAYLOR ALGER EXECUTIVE ADMINISTRATOR 15.00
Officer
$0 $0 $0
FRANKIE COLEMAN VICE CHAIR 5.00
Officer
$0 $0 $0
SIBBIE JEFFRIES SECRETARY 5.00
Officer
$0 $0 $0
ANDY CAVINESS TREASURER 5.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2023 $100,941 $133,893 No data $-32,952
2022 $76,267 $81,094 $111,911 $-4,827
2021 $212,381 $66,878 $179,447 $145,503
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