Civic Intelligence

Logos Preparatory Academy

990 • Fiscal year 2020 • EIN 20-0864550

Jun 01, 2019 to May 31, 2020 • Filed on Nov 18, 2020

Organization ProfileWWW.LOGOSPREP.ORG
13303 Southwest FreewaySugar Land, TX 77478

(281) 565-6467

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

79th percentile

0.57x

Higher debt load relative to assets than 79% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

82nd percentile

1.03x

Higher debt load relative to revenue than 82% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Net Margin

67th percentile

13%

Higher net margin than 67% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

34th percentile

$85,480

Higher top officer pay than 34% of similar nonprofits.

Top officer pay equals 2.7% of source-year revenue.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Asset Growth

71st percentile

17%

Faster asset growth than 71% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

38th percentile

-3.3%

Faster revenue growth than 38% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets79th percentile

Assets

Up

$5,789,896

Up $848,526 (+17%) from 2019

Net Assets

Up

$2,508,502

Up $412,006 (+20%) from 2019

Liabilities

Up

$3,281,394

Up $436,520 (+15%) from 2019

Revenue And Expenses
Liabilities / Revenue82nd percentileNet Margin67th percentile

Revenue

Down

$3,176,194

Down $109,489 (-3.3%) from 2019

Expenses

Down

$2,752,812

Down $55,921 (-2.0%) from 2019

Net Income

Down

$423,382

Down $53,568 (-11%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth71st percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$10M$5.0M$0Assets 2012: $432,524Liabilities 2012: $154,652Net Assets 2012: $277,8722012Assets 2013: $652,171Liabilities 2013: $192,517Net Assets 2013: $459,6542013Assets 2014: $1,080,598Liabilities 2014: $249,180Net Assets 2014: $831,4182014Assets 2015: $1,078,664Liabilities 2015: $200,528Net Assets 2015: $878,1362015Assets 2016: $748,144Liabilities 2016: $257,171Net Assets 2016: $490,9732016Assets 2017: $1,351,500Liabilities 2017: $304,616Net Assets 2017: $1,046,8842017Assets 2018: $4,425,153Liabilities 2018: $2,798,688Net Assets 2018: $1,626,4652018Assets 2019: $4,941,370Liabilities 2019: $2,844,874Net Assets 2019: $2,096,4962019Assets 2020: $5,789,896Liabilities 2020: $3,281,394Net Assets 2020: $2,508,5022020Assets 2021: $6,111,459Liabilities 2021: $3,174,871Net Assets 2021: $2,936,5882021Assets 2022: $7,595,120Liabilities 2022: $3,860,517Net Assets 2022: $3,734,6032022Assets 2023: $4,701,014Liabilities 2023: $156,813Net Assets 2023: $4,544,2012023Assets 2024: $6,883,861Liabilities 2024: $147,877Net Assets 2024: $6,735,9842024Assets 2025: $8,400,796Liabilities 2025: $267,789Net Assets 2025: $8,133,0072025

Highlighted filing

2020

Assets$5,789,896
Liabilities$3,281,394
Net Assets$2,508,502
Open 2020 Filing

Operations Trend

Revenue Growth38th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2012: $1,759,513Expenses 2012: $1,610,116Net Income 2012: $149,3972012Revenue 2013: $1,970,919Expenses 2013: $1,789,137Net Income 2013: $181,7822013Revenue 2014: $2,811,587Expenses 2014: $2,439,823Net Income 2014: $371,7642014Revenue 2015: $3,227,015Expenses 2015: $3,180,297Net Income 2015: $46,7182015Revenue 2016: $3,287,955Expenses 2016: $3,704,568Net Income 2016: -$416,6132016Revenue 2017: $3,302,446Expenses 2017: $2,746,535Net Income 2017: $555,9112017Revenue 2018: $3,457,640Expenses 2018: $2,900,080Net Income 2018: $557,5602018Revenue 2019: $3,285,683Expenses 2019: $2,808,733Net Income 2019: $476,9502019Revenue 2020: $3,176,194Expenses 2020: $2,752,812Net Income 2020: $423,3822020Revenue 2021: $3,466,479Expenses 2021: $3,042,901Net Income 2021: $423,5782021Revenue 2022: $3,938,608Expenses 2022: $3,144,567Net Income 2022: $794,0412022Revenue 2023: $4,298,991Expenses 2023: $3,483,737Net Income 2023: $815,2542023Revenue 2024: $5,868,416Expenses 2024: $3,680,597Net Income 2024: $2,187,8192024Revenue 2025: $5,485,106Expenses 2025: $4,085,942Net Income 2025: $1,399,1642025

Highlighted filing

2020

Revenue$3,176,194
Expenses$2,752,812
Net Income$423,382
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jun 1, 2019 to May 31, 2020
Signed
Nov 18, 2020
Return Version
2019v5.0
Gross Receipts
$3,224,882
Mission and Program Overview

Mission

Logos preparatory academy is a university-model school. Logos prep is passionate about partnering with parents to educate the next generation of world changers. Logos prep trains, develops, and encourages young people spiritually, academically, physically, emotionally, and socially, using christian values for the glory of god. Logos prep promotes biblical standards integrated in the education process to inspire students to do god's will for generations to come.

Provide an alternative educational choice.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$2,753,087$2,788,186▲ $35,099
Savings and Temporary Cash Investments$1,322,959$1,916,702▲ $593,743
Cash and Non-Interest-Bearing Accounts$516,511$826,123▲ $309,612
Land, Buildings, and Equipment, Net$284,727$234,111▼ $50,616
Prepaid Expenses and Deferred Charges$55,056$15,875▼ $39,181
Inventories for Sale or Use$2,530$2,399▼ $131
Total Assets$4,941,370$5,789,896▲ $848,526
Other Assets Total$6,500$6,500→ $0
Liabilities
Deferred Revenue$2,789,499$2,861,578▲ $72,079
Unsecured Notes Loans Payable-$405,180-
Accounts Payable and Accrued Expenses$55,375$14,636▼ $40,739
Total Liabilities$2,844,874$3,281,394▲ $436,520
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,073,284$2,497,737▲ $424,453
Net Assets With Donor Restrictions$23,212$10,765▼ $12,447
Total Net Assets Fund Balance$2,096,496$2,508,502▲ $412,006
Total Liabilities and Net Assets / Fund Balance$4,941,370$5,789,896▲ $848,526

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$87,221$323,564$410,785
Equipment$128,441$49,457$177,898
Other Land Buildings$18,449$31,657$50,106
Compensation and Service Providers
Top Officer Pay34th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Tammy McilvoyPresident/heFT$85,480$85,480

Board Members and Trustees

NameTitle
Rick GoolsbyChairman/Director
Milton FickVice Chair/d
Chris GeorgeDirector
Christy MccormackDirector
Ginsu VargheseDirector
Julie GoolsbyDirector
Mario SayDirector
Scott DentonDirector
Tim AlcornDirector
Toussaint SmithDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$30,365
Program Service Revenue
$3,086,825
Investment Income
$32,655
Other Revenue
$26,349
All Other Contributions
$30,365
Change in Net Assets
$423,382
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,077,579
Other Expenses$675,233
Total Fundraising Expense$33,716
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,099,204$706,500$29,361$1,835,065
Occupancy$199,370$122,194-$321,564
Payroll Taxes$89,252$57,366$2,384$149,002
Fees for Services Other$134,061--$134,061
Other Employee Benefits$56,014$36,002$1,496$93,512
Depreciation Depletion$58,162--$58,162
Office Expenses$38,435$18,571-$57,006
Fees for Services Management$11,439$24,746$306$36,491
Insurance$18,900$11,584-$30,484
Fees for Services Accounting$11,378--$11,378
Advertising$8,260-$169$8,429
Information Technology$5,901--$5,901
Conferences and Meetings-$4,493-$4,493
Other Expenses$-103--$-103
Total Functional Expenses$1,737,640$981,456$33,716$2,752,812
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$87,437
Fundraising Direct Expenses$48,688
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Family Fun Fest$52,098$52,098$26,748$25,350
Cfa Fundraiser$21,857$21,857$14,764$7,093
Total Events$87,437$87,437$48,688$38,749
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Logos Preparatory Academy
EIN
20-0864550
Phone
2815656467
Address
13303 SOUTHWEST FREEWAY, SUGAR LAND, TX 77478

Signing Officer

Name
Tammy Mcilvoy
Title
President/headmaster
Phone
2815656467
Signed
2020-11-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tammy Mcilvoy
Formed
2004
Legal Domicile
TX
Voting Board Members
10
Independent Board Members
10
Employees
122
Volunteers
122

Preparer

Firm
Stephenson Legrand & Pfeil Pllc
Address
1609 NORTH RICHMOND ROAD, WHARTON, TX 77488
Preparer
Chris Legrand
Phone
9795325964
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Logos preparatory academy is a university model school that serves students in grades k-12. During the 2019-2020 school year, logos preparatory academy served 488 students. 2 students out of 42 applicants were recognized by the national merit scholarship corporation and 1 student was recognized as a national merit hispanic scholar.”

Form 990, Page 2, Part III, Line 4D

“Serve educational needs of community.”

Form 990, Part XI, Line 9

“Adjustment to fundraisers -5,865 r/e adjustment -5,511 total -11,376”

Raw XML AppendixShowing 400 of 438 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt055375
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt014636
IRS990/AccountsReceivableGrp/BOYAmt02753087
IRS990/AccountsReceivableGrp/EOYAmt02788186
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0PROVIDE AN ALTERNATIVE EDUCATIONAL CHOICE.
IRS990/AdvertisingGrp/FundraisingAmt0169
IRS990/AdvertisingGrp/ProgramServicesAmt08260
IRS990/AdvertisingGrp/TotalAmt08429
IRS990/AllOtherContributionsAmt030365
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0CHRIS LEGRAND
IRS990/BooksInCareOfDetail/PhoneNum09795325964
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01609 N RICHMOND
IRS990/BooksInCareOfDetail/USAddress/CityNm0WHARTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd077488
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0516511
IRS990/CashNonInterestBearingGrp/EOYAmt0826123
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt04493
IRS990/ConferencesMeetingsGrp/TotalAmt04493
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt030365
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt032655
IRS990/CYOtherExpensesAmt0675233
IRS990/CYOtherRevenueAmt026349
IRS990/CYProgramServiceRevenueAmt03086825
IRS990/CYRevenuesLessExpensesAmt0423382
IRS990/CYSalariesCompEmpBnftPaidAmt02077579
IRS990/CYTotalExpensesAmt02752812
IRS990/CYTotalFundraisingExpenseAmt033716
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt03176194
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt02789499
IRS990/DeferredRevenueGrp/EOYAmt02861578
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt058162
IRS990/DepreciationDepletionGrp/TotalAmt058162
IRS990/Desc0SERVE EDUCATIONAL NEEDS OF COMMUNITY.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt023212
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt010765
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt0122
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt01737640
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt011378
IRS990/FeesForServicesAccountingGrp/TotalAmt011378
IRS990/FeesForServicesManagementGrp/FundraisingAmt0306
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt024746
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt011439
IRS990/FeesForServicesManagementGrp/TotalAmt036491
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0134061
IRS990/FeesForServicesOtherGrp/TotalAmt0134061
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/PersonNm0TAMMY MCILVOY
IRS990/Form990PartVIISectionAGrp/PersonNm1TIM ALCORN
IRS990/Form990PartVIISectionAGrp/PersonNm2SCOTT DENTON
IRS990/Form990PartVIISectionAGrp/PersonNm3MILTON FICK
IRS990/Form990PartVIISectionAGrp/PersonNm4CHRIS GEORGE
IRS990/Form990PartVIISectionAGrp/PersonNm5JULIE GOOLSBY
IRS990/Form990PartVIISectionAGrp/PersonNm6RICK GOOLSBY
IRS990/Form990PartVIISectionAGrp/PersonNm7CHRISTY MCCORMACK
IRS990/Form990PartVIISectionAGrp/PersonNm8MARIO SAY
IRS990/Form990PartVIISectionAGrp/PersonNm9TOUSSAINT SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm10GINSU VARGHESE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt085480
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT/HE
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE CHAIR/D
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6CHAIRMAN/DIR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02004
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingDirectExpensesAmt048688
IRS990/FundraisingGrossIncomeAmt087437
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0true
IRS990/GrossReceiptsAmt03224882
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt010
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt05901
IRS990/InformationTechnologyGrp/TotalAmt05901
IRS990/InsuranceGrp/ManagementAndGeneralAmt011584
IRS990/InsuranceGrp/ProgramServicesAmt018900
IRS990/InsuranceGrp/TotalAmt030484
IRS990/InventoriesForSaleOrUseGrp/BOYAmt02530
IRS990/InventoriesForSaleOrUseGrp/EOYAmt02399
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt032655
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt032655
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0404678
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0284727
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0234111
IRS990/LandBldgEquipCostOrOtherBssAmt0638789
IRS990/LegalDomicileStateCd0TX
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0LOGOS PREPARATORY ACADEMY IS A UNIVERSITY MODEL SCHOOL THAT SERVES STUDENTS IN GRADES K-12. DURING THE 2019-2020 SCHOOL YEAR, LOGOS PREPARATORY ACADEMY SERVED 488 STUDENTS. 2 STUDENTS OUT OF 42 APPLICANTS WERE RECOGNIZED BY THE NATIONAL MERIT SCHOLARSHIP CORPORATION AND 1 STUDENT WAS RECOGNIZED AS A NATIONAL MERIT HISPANIC SCHOLAR.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt02096496
IRS990/NetAssetsOrFundBalancesEOYAmt02508502
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt038749
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02073284
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02497737
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt0122194
IRS990/OccupancyGrp/ProgramServicesAmt0199370
IRS990/OccupancyGrp/TotalAmt0321564
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt018571
IRS990/OfficeExpensesGrp/ProgramServicesAmt038435
IRS990/OfficeExpensesGrp/TotalAmt057006
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt06500
IRS990/OtherAssetsTotalGrp/EOYAmt06500
IRS990/OtherChangesInNetAssetsAmt0-11376
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt01496
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt036002
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt056014
IRS990/OtherEmployeeBenefitsGrp/TotalAmt093512
IRS990/OtherExpensesGrp/Desc0OTHER
IRS990/OtherExpensesGrp/Desc1OTHER (WISHLIST ADMIN)
IRS990/OtherExpensesGrp/Desc2OTHER (ADV EXP)
IRS990/OtherExpensesGrp/ProgramServicesAmt04830
IRS990/OtherExpensesGrp/ProgramServicesAmt12537
IRS990/OtherExpensesGrp/ProgramServicesAmt2-103
IRS990/OtherExpensesGrp/TotalAmt04830
IRS990/OtherExpensesGrp/TotalAmt12537
IRS990/OtherExpensesGrp/TotalAmt2-103
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/Desc1RECLASS INCOME ITEMS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt02847
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1-15247
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02847
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1-15247
IRS990/OtherRevenueTotalAmt0-12400
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt029361
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0706500
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01099204
IRS990/OtherSalariesAndWagesGrp/TotalAmt01835065
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt02384
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt057366
IRS990/PayrollTaxesGrp/ProgramServicesAmt089252
IRS990/PayrollTaxesGrp/TotalAmt0149002
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt055056
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt015875
IRS990/PrincipalOfficerNm0TAMMY MCILVOY
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/BusinessCd2611600
IRS990/ProgramServiceRevenueGrp/Desc0TUITION & FEES
IRS990/ProgramServiceRevenueGrp/Desc1ATHLETIC REVENUE
IRS990/ProgramServiceRevenueGrp/Desc2STUDENT ACTIVITIES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03027423
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt155961
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt23441
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03027423
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt155961
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt23441
IRS990/ProgSrvcAccomActyOtherGrp/Desc0SERVE EDUCATIONAL NEEDS OF COMMUNITY.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt039141
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt024703
IRS990/PYOtherExpensesAmt0776836
IRS990/PYOtherRevenueAmt0135795
IRS990/PYProgramServiceRevenueAmt03086044
IRS990/PYRevenuesLessExpensesAmt0476950
IRS990/PYSalariesCompEmpBnftPaidAmt02031897
IRS990/PYTotalExpensesAmt02808733
IRS990/PYTotalRevenueAmt03285683
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0423382
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt03086825
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01322959
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01916702
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt0128441
IRS990ScheduleD/EquipmentGrp/DepreciationAmt049457
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0177898
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt087221
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0323564
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0410785
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt018449
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt031657
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt050106
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0234111
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt048688
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FAMILY FUN FEST
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0CFA FUNDRAISER
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt052098
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt021857
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt013482
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt087437
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt052098
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt021857
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt013482
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt087437
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt038749
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt07176
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt048688
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt026748
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt014764
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt02
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/CashGrantAmt015000
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/PersonNm0RICK GOOLSBY
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/RelationshipWithOrgTxt0CHAIRMAN/DIRECTOR
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/TypeOfAssistanceTxt0TUITION DISCOUNT
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LOGOS PREPARATORY ACADEMY IS A UNIVERSITY MODEL SCHOOL THAT SERVES STUDENTS IN GRADES K-12. DURING THE 2019-2020 SCHOOL YEAR, LOGOS PREPARATORY ACADEMY SERVED 488 STUDENTS. 2 STUDENTS OUT OF 42 APPLICANTS WERE RECOGNIZED BY THE NATIONAL MERIT SCHOLARSHIP CORPORATION AND 1 STUDENT WAS RECOGNIZED AS A NATIONAL MERIT HISPANIC SCHOLAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SERVE EDUCATIONAL NEEDS OF COMMUNITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ADJUSTMENT TO FUNDRAISERS -5,865 R/E ADJUSTMENT -5,511 TOTAL -11,376
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt04941370
IRS990/TotalAssetsEOYAmt05789896
IRS990/TotalAssetsGrp/BOYAmt04941370
IRS990/TotalAssetsGrp/EOYAmt05789896
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt030365
IRS990/TotalEmployeeCnt0122
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt033716
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0981456
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01737640
IRS990/TotalFunctionalExpensesGrp/TotalAmt02752812
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02844874
IRS990/TotalLiabilitiesEOYAmt03281394
IRS990/TotalLiabilitiesGrp/BOYAmt02844874
IRS990/TotalLiabilitiesGrp/EOYAmt03281394
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02096496
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02508502
IRS990/TotalProgramServiceExpensesAmt01737640
IRS990/TotalProgramServiceRevenueAmt03086825
IRS990/TotalReportableCompFromOrgAmt085480
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03107080
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03176194
IRS990/TotalVolunteersCnt0122
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04941370
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt05789896
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0405180
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 16340
IRS990/USAddress/CityNm0SUGAR LAND
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd077496
IRS990/VotingMembersGoverningBodyCnt010

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,789,896
Liabilities
$3,281,394
Net assets
$2,508,502
Revenue
$3,176,194
Expenses
$2,752,812
Net income
$423,382
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.40$0.27$8.13$5.49$4.09$1.40
2024Summary only. Only limited summary data is available for this year.$6.88$0.15$6.74$5.87$3.68$2.19
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.70$0.16$4.54$4.30$3.48$0.82
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.60$3.86$3.73$3.94$3.14$0.79
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.11$3.17$2.94$3.47$3.04$0.42
2020Detailed filing. Detailed filing data is available for this year.$5.79$3.28$2.51$3.18$2.75$0.42
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.94$2.84$2.10$3.29$2.81$0.48
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.43$2.80$1.63$3.46$2.90$0.56
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.35$0.30$1.05$3.30$2.75$0.56
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.75$0.26$0.49$3.29$3.70$0.42
2015Summary only. Only limited summary data is available for this year.$1.08$0.20$0.88$3.23$3.18$0.05
2014Summary only. Only limited summary data is available for this year.$1.08$0.25$0.83$2.81$2.44$0.37
2013Summary only. Only limited summary data is available for this year.$0.65$0.19$0.46$1.97$1.79$0.18
2012Summary only. Only limited summary data is available for this year.$0.43$0.15$0.28$1.76$1.61$0.15