EIN 82-2620763

The Legacy Institute

IRS 501(c) type
501(c)(3)
Num. employees
2
Year formed
2017
Most recent tax filings
2023-08-01
Description
The Legacy Institute advances education and community development in Colorado Springs, guaranteeing preschool and scholarships while fostering healthy neighborhoods and sustainable leadership.
Total revenues
$655,245
2023
Total expenses
$1,764,991
2023
Total assets
$1,110,980
2023
Num. employees
2
2023

Program areas at The Legacy Institute

hELEN HUNT CAMPUS: Redevelopment of the closed Helen Hunt elementary school into a community campus that serves the Hillside Neighborhood in partnership with Community Partnership for Child Development, Catholic Charities, The Shandy Clinic, Colorado Springs Food Rescue, Peak Parent Education, and Concrete Couch. This property was sold to the Catholic Charities during the fiscal year ending 8-31-2023. The Legacy Institute also donated $800,000 to Catholic Charities during the fiscal year, as part of the property sale.
SOCIAL IMPACT SERVICES: Strategic planning and operating services for community organizations, private foundations, and school districts in the Pikes Peak region focused on innovative approaches to social impact.
Public Education related projects
Fellowship: new school incubator

Grants made by The Legacy Institute

GranteeGrant descriptionAmount
Catholic Charities of Central ColoradoProgram Services$800,000
Strider Education FoundationCommunity Development Grant for All Elementary Schools in D2 Bike Program$59,000
Pikes Peak State College FoundationProgram Services$12,500
...and 1 more grant made

Who funds The Legacy Institute

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Charter School Growth Fund (CSGF)Charter School Capacity-Building$250,000
Charter School Growth Fund (CSGF)Charter School Capacity-Building$250,000
Hillside Community Preparatory SchoolEducation-Related Projects$205,000
...and 4 more grants received

Personnel at The Legacy Institute

NameTitleCompensation
Zachary McComseyFounder and Chief Executive Officer$245,000
Valerie McCormickManaging Director

Financials for The Legacy Institute

RevenuesFYE 08/2023
Total grants, contributions, etc.$275,000
Program services$0
Investment income and dividends$488
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$829
Net gain from sale of non-inventory assets$378,928
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$655,245

Form 990s for The Legacy Institute

Fiscal year endingDate received by IRSFormPDF link
2023-082024-04-01990View PDF
2022-082023-05-04990View PDF
2021-082022-07-15990View PDF
2020-082021-07-15990View PDF
2019-082021-02-09990View PDF
...and 1 more Form 990
Data update history
February 3, 2025
Used new vendors
Identified 1 new vendor, including
January 12, 2025
Received grants
Identified 1 new grant, including a grant for $150,000 from Daniels Fund
October 24, 2024
Updated personnel
Identified 1 new personnel
September 21, 2024
Received grants
Identified 3 new grant, including a grant for $250,000 from Charter School Growth Fund (CSGF)
May 20, 2024
Posted financials
Added Form 990 for fiscal year 2023
Nonprofit Types
Grantmaking organizationsSocial advocacy organizationsSchoolsCharities
Issues
EducationCommunity improvement
Characteristics
Provides grantsLobbyingPartially liquidatedState / local levelTax deductible donationsAccepts online donations
General information
Address
1815 Coyote Point Dr
Colorado Springs, CO 80904
Metro area
Colorado Springs, CO
County
El Paso County, CO
Website URL
springslegacy.org/ 
Phone
(719) 634-5566
IRS details
EIN
82-2620763
Fiscal year end
August
Taxreturn type
Form 990
Year formed
2017
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B12: Education Fund Raising and Fund Distribution
NAICS code, primary
813319: Social Advocacy Organizations
Parent/child status
Independent
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