EIN 47-1941953

Legacy Institute for Financial Empowerment

IRS 501(c) type
501(c)(3)
Num. employees
15
City
Lufkin
State
Year formed
2014
Most recent tax filings
2023-12-01
Description
Legacy Institute for Financial Education aims to teach financial literacy, create economic stability, and build generational wealth. It runs Life Tech, a technology access program that partners with the Deep East Texas Regional Housing Authority (DETRHA) and Angelina College to provide training and low-cost hard. Additionally, Legacy Institute for Financial Education operates LUGM (Lufkin Urban Garden & Market), a 4-acre community garden functioning as a Community Supported Agriculture (CSA) project that provides jobs for the reentry population through its lawn maintenance crew.
Also known as...
Legacy Institute for Financial Education
Total revenues
$927,122
2023
Total expenses
$1,018,346
2023
Total assets
$719,800
2023
Num. employees
15
2023

Program areas at Legacy Institute for Financial Empowerment

Life farms - a social enterprise that includes a 4 acre community garden that functions as a community supported agriculture (csa) project. The project also operates a lawn maintenance crew to provide jobs for the reentry population.
Life build - a workforce development training program designed to produce future leaders in carpentry. The program provides community members with an opportunity to earn industry-recognized certifications such as the nccer core, general carpentry, and advanced carpentry. Participants may also have an opportunity to earn a stipend while they're learning. Coupled with the training aspect of life build is a social enterprise that will build affordable single family homes and provide affordable renovations to low-to-moderate homeowners.
Life tech - a technology access program which serves low to moderate income households throughout deep east Texas. This program partners with the deep east Texas regional housing authority (detrha) and angelina college to provide training and low cost hardware to households in need with the purpose of ensuring each east Texas household has a computer and access to the internet. This program also provides internships for community members who are considering a career in information technology (it) as they pursue their comptia a+ certification or their microsoft technology associate (mta) certification.

Who funds Legacy Institute for Financial Empowerment

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Local Initiatives Support CorporationSee Part Iv$127,000
Trellis FoundationGeneral Operations$100,000
American Online Giving FoundationGeneral Support$100,000
...and 3 more grants received

Personnel at Legacy Institute for Financial Empowerment

NameTitleCompensation
Joseph CeasarExecutive Director$11,167
Allanah CeasarProgram Director - Life Farms
Lawrence SpikesProgram Director - Life Build
Michael MartinezProgram Director - Life Technology
Tevia MooreProgram Director - Financial Opportunity Center

Financials for Legacy Institute for Financial Empowerment

RevenuesFYE 12/2023
Total grants, contributions, etc.$762,137
Program services$153,236
Investment income and dividends$2,283
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$397
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$9,069
Total revenues$927,122

Form 990s for Legacy Institute for Financial Empowerment

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-15990View PDF
2022-122023-11-15990View PDF
2021-122022-11-15990View PDF
2019-122021-04-02990View PDF
2018-122019-06-19990View PDF
...and 1 more Form 990
Data update history
February 5, 2025
Posted financials
Added Form 990 for fiscal year 2023
January 6, 2025
Received grants
Identified 3 new grant, including a grant for $127,000 from Local Initiatives Support Corporation
November 23, 2024
Updated personnel
Identified 3 new personnel
September 21, 2024
Received grants
Identified 2 new grant, including a grant for $100,000 from Trellis Foundation
May 18, 2024
Received grants
Identified 2 new grant, including a grant for $172,750 from Local Initiatives Support Corporation
Nonprofit Types
Youth development programsFamily service centersCharities
Issues
Human servicesChildren
Characteristics
State / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
Address
504 W Frank Ave
Lufkin, TX 75904
County
Angelina County, TX
Website URL
legacy-institute.org/ 
Phone
(936) 209-2085
IRS details
EIN
47-1941953
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2014
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
O00: Youth Development: General
NAICS code, primary
624190: Individual and Family Services
Parent/child status
Independent
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