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Nonprofit · EIN 86-2844317

LEGACY 2 INSPIRE

Tax-exempt · SAINT MICHAEL, MN 55376

Financials

$143K$72K2023$269K$201K2024
Revenue Expenses · by fiscal year end
Financials of LEGACY 2 INSPIRE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$268,766$201,411$67,355$173,779$3,976$169,803
December 31, 2023990-EZ$143,227$71,771$71,456$102,448$0$102,448
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$218,691
Program service revenue
$49,981
Investment income
$94
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$30,000
Salaries, compensation and benefits (total)
$32,655
Professional fundraising fees
$0
Accounting fees
$1,000
Occupancy
$2,793
Travel
$25
Depreciation
$18,775
Program services (functional)
$157,425
Management and general (functional)
$27,078
Fundraising (functional)
$16,908

Balance sheet and other

Total assets, start of year
$102,448
Total assets, end of year
$173,779
Total liabilities, end of year
$3,976
Net assets, end of year
$169,803
Land, buildings and equipment
$38,913
Net assets without donor restrictions
$169,803
Gross receipts
$268,766
Employees
1
Volunteers
15
Year formed
2021
State of legal domicile
MN

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 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
TIM KOIVISTOEXECUTIVE DIRECTORPRESIDENT
Trustee or director, Key employee
40$78,000
RACHEL VOGETREASURER
Trustee or director
10$31,500
SAMANTHA GRIMSLEYBOARD MEMBER
Trustee or director
1$0
JOHN TORKELSONBOARD MEMBER
Officer
1$0
990-EZ for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
TIM KOIVISTOEXECUTIVE DIRECTOR40$20,000
ANDREW VOGEPRESIDENT10$0
RACHEL VOGEMARKETINGBOARD MEMBER1$0
SAMANTHA GRIMSLEYBOARD MEMBER1$0

Address and contacts

Address (IRS master file)
408 ELDER CT NW, SAINT MICHAEL, MN 55376-1022
In care of
% TIM KOIVISTO
Mailing address (990-N for 2022)
16413 Jaspar St NW, Ramsey MN 55303
Principal officer (990-N for 2022)
Andrew Voge, 3815 Larabee Ave NE, St Michael MN 55376
Signed the 990
TIM KOIVISTO, EXECUTIVE DIRECTORPRESIDENT
Phone
(320) 828-4655
Return prepared by
The Accountant House

Mission

LEGACY TO INSPIRE CONNECTS YOUTH WITH POSITIVE ADULT MENTORS BY OPERATING A MOBILIZED WORKSHOP PLATFORM AND EQUIPPING SKILLED VOLUNTEERS TO CREATE UNIQUE SHARED EXPERIENCES.

990 for the year ended December 31, 2024

Program accomplishments

  • LEGACY TO INSPIRE CONNECTS YOUTH WITH POSITIVE ADULT MENTORS BY OPERATING A MOBILIZED WORKSHOP PLATFORM AND EQUIPPING SKILLED VOLUNTEERS TO CREATE UNIQUE SHARED EXPERIENCES.
    Expenses $157,425 · revenue $49,981

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. 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 on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
86-2844317
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2021
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B99)
Assets (IRS master file)
$173,779
Income (IRS master file)
$268,766

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$268,766$201,411$173,779IRS
990-EZDecember 2023$143,227$71,771$102,448XML
990-N for 2022
Officer: Andrew Voge
December 31, 2022≤ $50,000 receipts––e-Postcard
990-N for 2021
Officer: Andrew Voge
December 31, 2021≤ $50,000 receipts––e-Postcard

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 86-2844317).

Questions about LEGACY 2 INSPIRE

What is the EIN of LEGACY 2 INSPIRE?
The employer identification number (EIN) of LEGACY 2 INSPIRE is 86-2844317.
Is LEGACY 2 INSPIRE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to LEGACY 2 INSPIRE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LEGACY 2 INSPIRE file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of LEGACY 2 INSPIRE 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 2 INSPIRE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of LEGACY 2 INSPIRE?
The 990-N for 2022 names Andrew Voge.
Who are the officers and directors of LEGACY 2 INSPIRE?
The 990 for the year ended December 31, 2024 lists 4 people; 2 received compensation from the organization, the highest $78,000 (TIM KOIVISTO, EXECUTIVE DIRECTORPRESIDENT).
How much revenue does LEGACY 2 INSPIRE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $268,766, expenses of $201,411 and total assets of $173,779 at year end.

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