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CHARITY REVIEW
Issued: June 2024 Expires: June 2026

Legacy Youth Leadership

Accredited Charity
Accredited Charity

Meets Standards

5482 Wilshire Boulevard, PMB1904
Los Angeles, CA, 90036

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

Legacy Youth Leadership meets the 20 Standards for Charity Accountability.

Stated Purpose:
"to build better leaders who will build a better world."

Year, State Incorporated:
2016, CA

Legacy Youth Leadership (LYL) reports that it provides free education and activism programs as well as leadership coaching and mentoring to young people to supplement students' existing school and youth development. The organization equips students with the tools they need to reach their academic and philanthropic goals through its various student programs, school tours, scholarships and awards, and service-learning trips. LYL also works with students to develop leadership skills such as communication and public speaking, organization and strategic planning, and fundraising. Lastly, the organization hosts 350 student leaders at an annual, two-day student leadership conference, Legacy Summit.

For the year ended December 31, 2022, Legacy Youth Leadership's program expenses were:

Program services: $1,347,278

Total Program Expenses: $1,347,278

Chief Executive
Seth Maxwell, Chief Executive Officer and Co-Founder

Compensation*
$191,845

Chair of the Board
Michelle O'Droske

Chair's Profession / Business Affiliation
Vice President of Regional Operations and Licensing, Primerica Financial Services

Board Size
17

Paid Staff Size
9

*2022 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.

Method(s) Used:
Grant proposals, Internet, Direct mail appeals

Fundraising costs were 17% of related contributions. (Related contributions, which totaled $2,007,436, are donations received as a result of fundraising activities.)

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

The following information is based on Legacy Youth Leadership's audited financial statements for the year ended December 31, 2022.

Source of Funds
Contributions and grants $2,007,436
Merchandise sales $759
Gain on sale of property and equipment $4,989
Other income $10,000
Total Income $2,023,184

Programs: 71% Fundraising: 17% Administrative: 12%

Total Income $2,023,184
Total expenses: $1,908,532
  Program expenses $1,347,278
  Fundraising expenses $332,277
  Administrative expenses $228,977
  Other expenses $0
Income in Excess of Expenses $114,652
Beginning Net Assets $-677,524
Other Changes In Net Assets $0
Ending Net Assets $-562,873
Total Liabilities $904,053
Total Assets $341,180

An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.

This report is not to be used for fundraising or promotional purposes.

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Report completed by:
BBB Wise Giving Alliance