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OUR FAMILY LEGACY DBA TEACHER TREASURES A RESOURCE CENTER

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Tax-exempt status may be revoked

OUR FAMILY LEGACY DBA TEACHER TREASURES A RESOURCE CENTER

EIN 82-2986584 · Public, Society Benefit - Multipurpose and Other N.E.C.

What they do

THE CORPORATION is ORGANIZED to INSPIRE HOPE and CONTRIBUTE to OTHERS BY PROVIDING NEEDS and SERVICES IN OUR COMMUNITY.

Before you give

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This record may have an IRS status problem. Do not give until you verify it.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkThere may be a problem with its nonprofit status. Check before giving.

Money report from 2023The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders10 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

114.21%of revenue went to mission work82.2% of expenses · Program services
$138.97spent for every $100 of revenueSpending was higher than revenue this year.
100.0%of its money came from giftsOther money may come from services or investments.

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  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $5,556 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $10,639 for KATIE TOCCI (EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2023

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$14,258
Mission workProgram services$16,284114.21% of revenue82.2% of expenses
ManagementOffice and general costs0.00% of revenue0.0% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Total expenses$19,814138.97% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2023CurrentExpense mix: 82.2% mission · 0.0% management · 0.0% fundraisingTotal expenses: 138.97% of revenue
2022Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 113.10% of revenue

Money in and money out

Revenue$14,258
Expenses$19,814
Annual shortfall $5,556 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$16,284 · 82.2% of expenses
See all reported dollar amounts
Revenue$14,258
Expenses$19,814
Contributions$14,258
Mission work (program services)$16,284
People

Leadership and board

Tax year 2023

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
KATIE TOCCIEXECUTIVE DIRECTOR · 30 hrs/week $10,639

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (10)

KATIE TOCCIEXECUTIVE DIRECTOR

ANGELA LONGANODIRECTOR

BECKY GIBBONSDIRECTOR

DR DONALD PHIPPSDIRECTOR

DREW BEASONVICE PRESIDENT

ELAINE MAXWELL-SETZERDIRECTOR

JENNIFER BEASONTREASURER

JP MILLERDIRECTOR

KENVIAN FERGUSONBOARD CHAIR

MITCHELL MORAVECDIRECTOR

About this charity

Location
PO BOX 795, GRANITE FALLS, NC 28630
County
Caldwell
In care of
KENVIAN FERGUSON
Primary officer
KENVIAN FERGUSON, BOARD CHAIR

How to reach them

Filing and classification

Latest tax year
2023
Tax period began
January 1, 2023
Return type
990EZ
Tax preparer
SMITH STEVENS & FORD PA
IRS tax category
Public, Society Benefit - Multipurpose and Other N.E.C.
Revocation date
May 15, 2020

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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