Eagle Legacy Foundation

Pascagoula, MS · Public charity (501(c)(3)) · Since 2018 · Education

✓ Tax-deductible
Revenue
$280K
+340% vs prior year
Spent
$84K
To programs
31%
Net assets
$250K
By yearFY2020–FY2025
Revenue
$280K
FY2025▲ +340%
Revenue by fiscal year
FY2020$32K
FY2021$32K
FY2022$22K
FY2023$24K
FY2024$64K
FY2025$280K
Expenses
$84K
FY2025▲ +237%
Expenses by fiscal year
FY2020$45K
FY2021$27K
FY2022$29K
FY2023$24K
FY2024$25K
FY2025$84K
Net assets
$250K
FY2025▲ +336%
Net assets by fiscal year
FY2020$19K
FY2021$24K
FY2022$18K
FY2023$19K
FY2024$57K
FY2025$250K

From the FY2025 Form 990 · see the original

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Yes — filed FY2025
Legal name (IRS)Hdr · item CEagle Legacy Foundation
EINHdr · item D82-5330992
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFSep 2018
Year of formationHdr · item L2018
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CPascagoula, MS
NTEE classificationIRS BMFEducation (B84)
WebsiteHdr · item Jeaglelegacyfoundation.com

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.31 Management & general $0.08 Fundraising $0.61
Program services31%$26K
Management & general8%$7K
Fundraising61%$51K
Total functional expensesLn 25$84K

Financial health

Is it on solid ground?

Program efficiency
31%
of spending reaches programs▼ -64% vs prior filing year
Surplus margin
+70%
revenue over expenses, this year▲ +15% vs prior filing year
Revenue trend
+54%
avg. annual growth over 5 years▲ +192% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Total assets
$250K
FY2025▲ +336%
Total assets by fiscal year
FY2020$19K
FY2021$24K
FY2022$18K
FY2023$19K
FY2024$57K
FY2025$250K
Total liabilities
$0
FY2025
Total liabilities by fiscal year
FY2020$0
FY2021$0
FY2022$0
FY2023$0
FY2024$0
FY2025$0
Revenue less expensesPt I · Ln 19$196K
Total assetsPt X · Ln 16$250K
Program-expense ratioPt IX · col B31%
Voting members of governing bodyPt I · Ln 317
Independent voting membersPt I · Ln 417

Balance Sheet

Part X · end of year
CashLn 1$103K
Total assetsLn 16$250K
Total liabilitiesLn 26$0
Total net assetsLn 32$250K
Months of cash on handcomputed14.7

Statement of Revenue

Part VIII
Contributions & grants100%$280K
Investment income$104
Total revenueLn 12$280K

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $250K · Operating expenses (Pt IX) $84K · Less non-cash grants $150K · Cash operating expenses/yr −$65K
Highly liquid reserves (cash & marketable securities on Pt X) ÷ monthly operating expenses (Pt IX total, less non-cash grants & depreciation when reported).
Where the money goes
Program services
Program services $26K · Total expenses $84K
31%
Management & General
Management & general $7K · Total expenses $84K
8%
Fundraising
Fundraising $51K · Total expenses $84K
61%
Cost to raise $1
Fundraising expense (3-yr avg) $17K · Solicited contributions (3-yr avg) $122K
$0.14 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $280K · Total revenue $280K
100%
Government reliance
Government grants — · Total revenue $280K
—
Earned-income share
Program service revenue $0 · Total revenue $280K
0%
Investment reliance
Investment income $104 · Total revenue $280K
+0.04%
Program self-sufficiency
Program service revenue $0 · Total expenses $84K
0%
Growth & trend
Revenue growth (YoY)
This year $280K · Prior year $64K
+340%
Revenue CAGR
FY2020 $32K · FY2025 $280K
+54%
Net-asset trend (YoY)
End of year $250K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $280K · Expenses $84K
+70%
Liabilities-to-Assets
Total liabilities — · Total assets $250K
—
Net-asset ratio
Net assets $250K · Total assets $250K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $146K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $250K
59%
People & payroll
Highest Reported Total Compensation
Individual Adam Askew · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $84K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $84K
—
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 31%——
Overhead ratio 8%——
Fundraising cost ratio 18%——
Revenue growth 340%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Vice Chairma
$0Pt VII · Sec A
See Eagle Legacy Foundation executive salaries →

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Governance & Policies

Part VI
  • 17Voting board membersPt VI · Ln 1a
  • 17Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13Yes
  • Document retention policyPt VI · Ln 14Yes
  • Top official’s pay independently reviewedPt VI · Ln 15aYes
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Supports and carries out the purposes of Resurrection Catholic School.

Provided by the organization

This section is blank until Eagle Legacy Foundation claims this page.

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Mission & Programs · Part III

Where the work happens

1 program service account for $26K of program spending, described in the organization's own filed words · FY2025.
01

The foundation is specifically organized and shall be operated for the benefit of and to support and carry out the purposes of resurrection catholic school.

$26Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 3 grants · $34K · 2021–2025

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2025 Latest Viewing $280K$84K+340% 990 PDF
FY2024 $64K$25K+161% 990 PDF
FY2023 $24K$24K+9% 990 PDF
FY2022 $22K$29K-30% 990 PDF
FY2021 $32K$27K-1% 990 PDF
FY2020 $32K$45K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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