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Nonprofit · EIN 61-2138053

LEGACY FOUNDATION

Tax-exempt · OOLTEWAH, TN 37363

Financials

$26K$23K2024
Revenue Expenses · by fiscal year end
Financials of LEGACY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$25,798$23,416$2,382$2,382–$2,382
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$25,798

Expenses

Grants and similar amounts paid
$22,500
Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$300
Other expenses
$616
Program services (functional)
$22,500

Balance sheet and other

Total assets, start of year
$0
Total assets, end of year
$2,382
Total liabilities, end of year
–
Net assets, end of year
$2,382
Cash, savings and investments
$2,382
Gross receipts
$25,798

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Randy ShelleyPresident1$0
Jason SidesSecretary1$0
Tony WilliamsBoard Member0$0

Address and contacts

Address (IRS master file)
5958 SNOW HILL RD STE 144 PMB 301, OOLTEWAH, TN 37363-7834
In care of
% JASON SIDES
Signed the 990-EZ
Jason Sides, Director
Phone
(423) 933-2576
Return prepared by
Gerald Lee Clemmons CPA EA

Mission

Provide Scholarships, Housing and Medical Needs

990-EZ for the year ended December 31, 2024

Program accomplishments

  • Provided funds for a roof replacement after tornado damage.
    Expenses $10,000
  • Provided partial funds needed for a liver transplant of a minor.
    Expenses $12,500

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024Check at the IRS

IRS record

EIN
61-2138053
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2024
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$2,382
Income (IRS master file)
$25,798

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$25,798$23,416$2,382IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 61-2138053).

Questions about LEGACY FOUNDATION

What is the EIN of LEGACY FOUNDATION?
The employer identification number (EIN) of LEGACY FOUNDATION is 61-2138053.
Is LEGACY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
Are donations to LEGACY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LEGACY FOUNDATION file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of LEGACY FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LEGACY FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who are the officers and directors of LEGACY FOUNDATION?
The 990-EZ for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does LEGACY FOUNDATION have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $25,798, expenses of $23,416 and total assets of $2,382 at year end.

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