Nonprofit · EIN 88-2312251
LEGACY ELITE ACADEMY INC
Tax-exempt · CONCORD, NC 28025
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $22,034 | $48,777 | -$26,743 | $876 | $35,000 | -$34,124 |
| December 31, 2024 | 990-EZ | $57,749 | $57,705 | $44 | $1,972 | – | $1,972 |
| December 31, 2023 | 990-EZ | $5,311 | $7,984 | -$2,673 | $1,930 | – | $1,930 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $8,800
- Other revenue
- $13,234
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $8,893
- Occupancy
- $21,613
- Other expenses
- $18,271
- Program services (functional)
- $48,777
Balance sheet and other
- Total assets, start of year
- $1,972
- Total assets, end of year
- $876
- Total liabilities, end of year
- $35,000
- Net assets, end of year
- -$34,124
- Cash, savings and investments
- $876
- Gross receipts
- $22,034
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Terry Treadwell | President | 35 | $0 |
| Iesha Treadwell | Vice President | 25 | $0 |
| Javon Green | Secretary | 25 | $0 |
| Kayla Felton | Treasurer | 10 | $0 |
990-EZ for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Terry Treadwell | President | 35 | $0 |
| Iesha Treadwell | Vice President | 25 | $0 |
| Javon Green | Secretary | 25 | $0 |
| Kayla Felton | Treasurer | 10 | $0 |
990-EZ for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Terry Treadwell | President | 30 | $0 |
| Iesha Treadwell | Vice President | 15 | $0 |
| Javon Green | Secretary | 25 | $0 |
| Kayla Felton | Treasurer | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 622 UNION ST S, CONCORD, NC 28025-5626
- In care of
- % IESHA M TREADWELL
- Mailing address (990-N for 2022)
- 622 Union St S, Concord NC 28025
- Principal officer (990-N for 2022)
- Terry Treadwell, 622 Union St S, Concord NC 28025
- Signed the 990-EZ
- Terry Treadwell, Board Member
- Phone
- (980) 277-4043
- Website
- Legacy-elite.org
- Return prepared by
- FierceCG LLC
Mission
See Schedule O
Program accomplishments
- Mentorship Program: Dream Big - Our Dream Big Mentorship Program continued to guide youth in exploring college and career pathways. Through mentorship, goal setting, and real-world conversations, our students are building confidence and clarity about their future.Expenses $12,194
- Basketball Summer & Winter Camps - In 2025, our camps served over 100+ families, providing a structured and energetic environment focused on skill development, teamwork, discipline, and confidence- building both on and off the court.Expenses $12,195
- Family & Community Support - This year 20 families received $25 Aldi gift cards, 20 families received $50 Walmart gift cards, and 50 campers received $25 gift bags, 50 Chick-fil-A gift cards distributed, 100 fully stocked book bags donated to Winecoff Elementary SchoolExpenses $12,194
- See Schedule OExpenses $12,194
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 88-2312251
- 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
- 2022
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Recreation and sports (N99)
- Assets (IRS master file)
- $876
- Income (IRS master file)
- $22,034
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $22,034 | $48,777 | $876 | IRS |
| 990-EZ | December 2024 | $57,749 | $57,705 | $1,972 | IRS |
| 990-EZ | December 2023 | $5,311 | $7,984 | $1,930 | XML |
| 990-N for 2022 Officer: Terry Treadwell | December 31, 2022 | ≤ $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 88-2312251).
Questions about LEGACY ELITE ACADEMY INC
- What is the EIN of LEGACY ELITE ACADEMY INC?
- The employer identification number (EIN) of LEGACY ELITE ACADEMY INC is 88-2312251.
- Is LEGACY ELITE ACADEMY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to LEGACY ELITE ACADEMY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LEGACY ELITE ACADEMY INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of LEGACY ELITE ACADEMY INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LEGACY ELITE ACADEMY INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who is the principal officer of LEGACY ELITE ACADEMY INC?
- The 990-N for 2022 names Terry Treadwell.
- Who are the officers and directors of LEGACY ELITE ACADEMY INC?
- The 990-EZ for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does LEGACY ELITE ACADEMY INC have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $22,034, expenses of $48,777 and total assets of $876 at year end.
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All nonprofits in CONCORD · North Carolina · Recreation and sports