Legacy Makers INC FY2023 filing

Tax-deductible

Rochester, NY501(c)(3)Youth DevelopmentEIN 84-4022502Revenue $105K in FY2023

On file with the IRS52 Valley Brook Cir, 14616-3637 · Rochester, NYTax-exempt since Jun 2020Publicly supported — 509(a)(2)

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To inform and educate people in the area of building generational wealth

501(c)(3) charity; gifts are tax-deductible.
$24K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $2K a year · 4% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$24K
to officers and key staff · 28% of spending
Worth a look: pay to officers and key staff is 28% of spending; over 20%.
Pt VII · Sec A
Named funders
3
named funders · $202K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$0
total owed
No data yet: the filing does not give total assets.
Pt X · Ln 26
Independent board members
8
of 9 voting members
Looks good: 8 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$105K
Spent
$86K
To programs
0%
Net assets
$0
By yearFY2020–FY2025
Revenue
$105K
FY2023
Tap a bar for its year
Revenue by fiscal year
FY2020$3K
FY2021$0
FY2022$0
FY2023$105K
FY2024$107K
FY2025$90K
Expenses
$86K
FY2023
Tap a bar for its year
Expenses by fiscal year
FY2020$2K
FY2021$0
FY2022$0
FY2023$86K
FY2024$102K
FY2025$104K
Net assets
$0
FY2023
Tap a bar for its year
Net assets by fiscal year
FY2020$1K
FY2021$938
FY2022$0
FY2023$0
FY2024$0
FY2025$12K

From the FY2023 Form 990 · see the original

Form 990 (PDF) Claim
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 2020.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

1 person listed on the 990; $24K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$24,000Pt VII · Sec A

Pauline McCleary’s $29K as Executive Director is at the 68th percentile of top reported officer pay among 112 <$100K youth development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022
Pauline McCleary$29,100$24,000$15,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Empowers people to build lasting wealth through education and information.

Questions for Legacy Makers INC

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Provided by the organization

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1 program · in their own filed words · FY2023
01

Training in the areas of budgeting, homeownership, insurance, credit manage ment, and Investing,

Pt IX · col B

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 3 funders$202K
See all 3 funders →

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$105K
Ln 12
Gifts and grantsLn 1h$105K
Money outPt IX
$86K
Ln 25
Owns and owesPt X
$0
net assets · Ln 32
Total assetsLn 16$0
LiabilitiesLn 26$0
PeoplePt VI, VII
1
listed · VII A
PaidVII A1
Voting boardVI 1a9
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$105K
Total revenueLn 12$105K
Assets in detailPt X, end of year
Total assetsLn 16$0
LiabilitiesLn 26$0
Net assetsLn 32$0
OperationsPt I, VI
EmployeesI 50
VolunteersI 66
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Total assetsLn 16$0$0
LiabilitiesLn 26$0$0
Net assetsLn 32$0$0
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Management feesLn 11a$24K
Accounting feesLn 11c$3K
Advertising and promotionLn 12$6K
Office expensesLn 13$20K
InsuranceLn 23$300
Other expenses (24a–d)Ln 24$33K
Total functional expensesLn 25$86K$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $90K$104K−$14K$12K 990 PDF
FY2024 $107K$102K$5K$0 990 PDF
FY2023 Viewing $105K$86K$19K$0 990 PDF
FY2022 $0$0$0$0 990 PDF
FY2021 $0$0$0$938 990 PDF
FY2020 $3K$2K$1K$1K 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
See the full FY2023 990 (6 parts)
Part I · Summary $105,000 revenue, 12 lines filed
I-8 Contributions and grants$105,000
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenue$105,000
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expenses$86,378
I-18 Total expenses$86,378
I-19 Revenue less expenses$18,622
Part VI · Governance 8 of 9 board members independent, 2 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members8
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $105,000 across 4 lines filed
VIII-1f All other contributions, gifts and grants$105,000
VIII-1h Total contributions, gifts and grants$105,000
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$105,000
Part IX · Statement of functional expenses $86,378 across 6 lines filed
IX-11a Management fees$24,000
IX-11c Accounting fees$2,667
IX-12 Advertising and promotion$6,258
IX-13 Office expenses$20,500
IX-23 Insurance$300
IX-24 Other expenses (24a–d)$32,653
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$86,378
Part X · Balance sheet $0 assets, 4 lines filed
X-16 Total assetsStart of year $0$0
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $0$0
X-33 Total liabilities and net assetsStart of year $0$0
Part XI · Reconciliation of net assets $0 net assets at year end
XI-1 Total revenue$105,000
XI-2 Total expenses$86,378
XI-3 Revenue less expenses$18,622
XI-10 Net assets at end of year$0

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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