LEGACY OF LEGENDS CDC

EIN: 832208365 501(c)(3) Human Services

MEMPHIS, TN

Total Revenue
$364,858
Total Expenses
$356,418
Total Assets
$214,382
Net Assets
$214,382
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
TN
Phone
9012364604
Tax Period
2022-01-01 to 2022-12-31

LEGACY OF LEGENDS CDC, founded in 2018, is a small nonprofit in the Human Services sector that reported $365K in total revenue in fiscal year 2022. Revenue surged 31% from the prior year, signaling strong growth momentum.

Mission

Committed to developing trauma informed and resilient communities that is focused on preventing adverse childhood experiences (ACE) and building vision based communities.

Program Service Accomplishments

Program 1
Expenses: $198,463 Revenue: $198,463

Our grants from Memphis City Council, Community Foundation, and Nike have allowed Legacy of Legends CDC to continue renovations of the Legacy Impact Community Resource Center. The current renovations...

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Our grants from Memphis City Council, Community Foundation, and Nike have allowed Legacy of Legends CDC to continue renovations of the Legacy Impact Community Resource Center. The current renovations include the Performing Arts Center & Rev. James E Smith Freedom Fighter's Gallery which supports the following programs; Ballet classes, Modern Dance classes, Youth In Entrepreneurship program, and the 3V Leader program. We have been able to impact the population we serve by providing mental health services, after-school programs, and wrap around services that enable our youth to address their poverty circumstances, financial instability, and adverse childhood experiences

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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 (2022)

Revenue Breakdown

Contributions & Grants $171,556
Program Service Revenue $193,302
Investment Income $0
Other Revenue $0
TOTAL REVENUE $364,858

Expense Breakdown

Grants Paid $0
Salaries & Benefits $66,867
Fundraising Expenses $0
Program Expenses $198,463
Other Expenses $289,551
TOTAL EXPENSES $356,418

Year-over-Year Comparison

2022 2021 Change
Revenue $364,858 $278,067 +0.3%
Expenses $356,418 $482,064 -0.3%
Net Income $8,440 $-203,997 -1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
25

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
0
$0
Total Directors
9
$0
Key Employees
1
$65,902
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Charlie Caswell Executive Director 40
Key Emp
$65,902 $0 $65,902
Alfred Garrett Board Chair 5
Director
$0 $0 $0
Nicole Gates Vice Chair 5
Director
$0 $0 $0
Tony Walker Treasurer 5
Director
$0 $0 $0
Vanessa Caswell Rodgers Secretary 5
Director
$0 $0 $0
Dale McNair Board Member 5
Director
$0 $0 $0
Jonee Lewis Board Member 5
Director
$0 $0 $0
Dr Jogal Sachin Board Member 5
Director
$0 $0 $0
Deborah Hester Board Member 5
Director
$0 $0 $0
Margot Alman Board Member 5
Director
$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
2022 $364,858 $356,418 $214,382 $8,440
2021 $278,067 $482,064 $219,422 $-203,997
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