Civic Intelligence

Legacy Scholarship Foundation Inc.

990EZ • Fiscal year 2020 • EIN 82-1945132

Jan 01, 2020 to Dec 31, 2020 • Filed on Jan 28, 2021

Organization Profile
401 SW Bunker StMadison, FL 32340

(850) 973-4189

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

97th percentile

92%

Higher net margin than 97% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

87th percentile

90%

Faster asset growth than 87% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

68th percentile

4.2%

Faster revenue growth than 68% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets55th percentile

Assets

Up

$39,966

Up $18,897 (+90%) from 2019

Net Assets

Up

$39,966

Up $18,897 (+90%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin97th percentile

Revenue

Up

$20,522

Up $820 (+4.2%) from 2019

Expenses

Down

$1,625

Down $5,296 (-77%) from 2019

Net Income

Up

$18,897

Up $6,116 (+48%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth87th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$150K$100K$50K$0Assets 2017: $6,350Liabilities 2017: $0Net Assets 2017: $6,3502017Assets 2018: $8,288Liabilities 2018: $0Net Assets 2018: $8,2882018Assets 2019: $21,069Liabilities 2019: $0Net Assets 2019: $21,0692019Assets 2020: $39,966Liabilities 2020: $0Net Assets 2020: $39,9662020Assets 2021: $63,869Liabilities 2021: $0Net Assets 2021: $63,8692021Assets 2022: $75,475Liabilities 2022: $0Net Assets 2022: $75,4752022Assets 2023: $103,704Liabilities 2023: $0Net Assets 2023: $103,7042023Assets 2024: $138,149Liabilities 2024: $0Net Assets 2024: $138,1492024

Highlighted filing

2020

Assets$39,966
Liabilities$0
Net Assets$39,966
Open 2020 Filing

Operations Trend

Revenue Growth68th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$40K$30K$20K$10K$0Revenue 2017: $6,750Expenses 2017: $400Net Income 2017: $6,3502017Revenue 2018: $2,453Expenses 2018: $515Net Income 2018: $1,9382018Revenue 2019: $19,702Expenses 2019: $6,921Net Income 2019: $12,7812019Revenue 2020: $20,522Expenses 2020: $1,625Net Income 2020: $18,8972020Revenue 2021: $10,977Expenses 2021: $8,558Net Income 2021: $2,4192021Revenue 2022: $18,741Expenses 2022: $12,135Net Income 2022: $6,6062022Revenue 2023: $24,994Expenses 2023: $9,075Net Income 2023: $15,9192023Revenue 2024: $31,344Expenses 2024: $11,616Net Income 2024: $19,7282024

Highlighted filing

2020

Revenue$20,522
Expenses$1,625
Net Income$18,897
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jan 28, 2021
Return Version
2020v4.1
Gross Receipts
$20,522
Mission and Program Overview

Mission

To encourage,inspire and provide scholar

To encourageinspire and provide scholar

Program Services

DescriptionGrantsExpenses
PROMOTED SCHOLARSHIP PROGRAM FOR MADISON COUNTY YOUTHS.$20,522$1,625
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JESSE SOLOMONPresedent-$0--
Filing and Contact Details

Filer

Filer Name
Legacy Scholarship Foundation Inc
EIN
82-1945132
Address
401 SW BUNKER ST, Madison, FL 32340

Signing Officer

Name
Jesse Solomon
Title
President
Phone
8504082342
Signed
2021-01-28
Discuss with paid preparer
No

Preparer

Firm
Al s Community Business Services
Address
818 West Brevard St, Tallahassee, FL 32304
Preparer
Aylwin Smith
Phone
8502226953
Supplemental Narrative

Additional Explanations

Description of other revenue Part I line 8

“Description AmountINTEREST 11LEGACY SCHOLARSHIP 7,500”

Raw XML Appendix115 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0JESSE SOLOMON
IRS990EZ/BooksInCareOfDetail/PhoneNum08509734189
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0401 SW BUNKER ST
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Madison
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd032340
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt021069
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt039966
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt013011
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt018897
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt021069
IRS990EZ/Form990TotalAssetsGrp/EOYAmt039966
IRS990EZ/GrossReceiptsAmt020522
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt021069
IRS990EZ/NetAssetsOrFundBalancesEOYAmt039966
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt021069
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt039966
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JESSE SOLOMON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESEDENT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherRevenueTotalAmt07511
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO ENCOURAGEINSPIRE AND PROVIDE SCHOLAR
IRS990EZ/PrintingPublicationsPostageAmt01625
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROMOTED SCHOLARSHIP PROGRAM FOR MADISON COUNTY YOUTHS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt020522
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt01625
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt01625
IRS990EZ/TotalProgramServiceExpensesAmt01625
IRS990EZ/TotalRevenueAmt020522
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt020522
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt019702
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt02453
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt06750
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt049427
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt049427
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt020522
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt019702
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt02453
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt06750
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt049427
IRS990ScheduleA/TotalSupportAmt049427
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountINTEREST 11LEGACY SCHOLARSHIP 7,500
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other revenue Part I line 8
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0JESSE SOLOMON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08504082342
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-01-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LEGACY SCHOLARSHIP FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0LEGA
ReturnHeader/Filer/EIN0821945132
ReturnHeader/Filer/USAddress/AddressLine1Txt0401 SW BUNKER ST
ReturnHeader/Filer/USAddress/CityNm0Madison
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd032340
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Al s Community Business Services
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0818 West Brevard St
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Tallahassee
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd032304
ReturnHeader/PreparerPersonGrp/PhoneNum08502226953
ReturnHeader/PreparerPersonGrp/PreparationDt02021-10-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0AYLWIN SMITH
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02021-10-15T19:42:24-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JESSE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SOLOMON
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$39,966
Liabilities
$0
Net assets
$39,966
Revenue
$20,522
Expenses
$1,625
Net income
$18,897
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.38$0.00$1.38$0.31$0.12$0.20
2023Detailed filing. Detailed filing data is available for this year.$1.04$0.00$1.04$0.25$0.09$0.16
2022Detailed filing. Detailed filing data is available for this year.$0.75$0.00$0.75$0.19$0.12$0.07
2021Detailed filing. Detailed filing data is available for this year.$0.64$0.00$0.64$0.11$0.09$0.02
2020Detailed filing. Detailed filing data is available for this year.$0.40$0.00$0.40$0.21$0.02$0.19
2019Detailed filing. Detailed filing data is available for this year.$0.21$0.00$0.21$0.20$0.07$0.13
2018Detailed filing. Detailed filing data is available for this year.$0.08$0.00$0.08$0.02$0.01$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.06$0.00$0.06$0.07$0.00$0.06