Civic Intelligence

Legacy Charter School Co Dentons

990 • Fiscal year 2016 • EIN 20-1946624

Jul 01, 2015 to Jun 30, 2016 • Filed on Feb 14, 2017

Organization ProfileWWW.LEGACYCHARTERSCHOOL.ORG

View Organization Page

233 SOUTH WACKER DRIVE No 5900Chicago, IL 60606

(312) 876-8000

Siviq Scores

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

Liabilities / Assets

21st percentile

0.03x

Higher debt load relative to assets than 21% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

15th percentile

0.05x

Higher debt load relative to revenue than 15% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Net Margin

22nd percentile

-5.9%

Higher net margin than 22% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Top Officer Pay

26th percentile

$112,639

Higher top officer pay than 26% of similar nonprofits.

Top officer pay equals 1.8% of source-year revenue.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Asset Growth

31st percentile

-1.8%

Faster asset growth than 31% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

82nd percentile

22%

Faster revenue growth than 82% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets21st percentile

Assets

Down

$10,096,086

Down $181,824 (-1.8%) from 2015

Net Assets

Down

$9,783,288

Down $375,707 (-3.7%) from 2015

Liabilities

Up

$312,798

Up $193,883 (+163%) from 2015

Revenue And Expenses
Liabilities / Revenue15th percentileNet Margin22nd percentile

Revenue

Up

$6,390,831

Up $1,173,222 (+22%) from 2015

Expenses

Up

$6,766,538

Up $1,776,495 (+36%) from 2015

Net Income

Down

-$375,707

Down $603,273 (-265%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth31st percentile

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

$30M$20M$10M$0Assets 2010: $8,684,214Liabilities 2010: $2,246Net Assets 2010: $8,681,9682010Assets 2011: $8,658,771Liabilities 2011: $53,613Net Assets 2011: $8,605,1582011Assets 2012: $8,608,146Liabilities 2012: $52,117Net Assets 2012: $8,556,0292012Assets 2013: $8,879,337Liabilities 2013: $88,262Net Assets 2013: $8,791,0752013Assets 2014: $9,962,642Liabilities 2014: $31,213Net Assets 2014: $9,931,4292014Assets 2015: $10,277,910Liabilities 2015: $118,915Net Assets 2015: $10,158,9952015Assets 2016: $10,096,086Liabilities 2016: $312,798Net Assets 2016: $9,783,2882016Assets 2017: $9,951,101Liabilities 2017: $319,058Net Assets 2017: $9,632,0432017Assets 2018: $11,537,321Liabilities 2018: $310,034Net Assets 2018: $11,227,2872018Assets 2019: $12,225,880Liabilities 2019: $463,541Net Assets 2019: $11,762,3392019Assets 2020: $13,264,945Liabilities 2020: $1,544,569Net Assets 2020: $11,720,3762020Assets 2021: $13,709,522Liabilities 2021: $1,266,163Net Assets 2021: $12,443,3592021Assets 2022: $13,150,588Liabilities 2022: $538,994Net Assets 2022: $12,611,5942022Assets 2023: $23,835,965Liabilities 2023: $4,324,118Net Assets 2023: $19,511,8472023Assets 2024: $23,690,831Liabilities 2024: $4,394,957Net Assets 2024: $19,295,8742024

Highlighted filing

2016

Assets$10,096,086
Liabilities$312,798
Net Assets$9,783,288
Open 2016 Filing

Operations Trend

Revenue Growth82nd percentile

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

$10M$5.0M$0-$5.0MExpenses 2010: $2,899,6562010Expenses 2011: $3,528,0972011Revenue 2012: $4,162,719Expenses 2012: $4,211,848Net Income 2012: -$49,1292012Expenses 2013: $4,120,4302013Revenue 2014: $5,587,007Expenses 2014: $4,547,649Net Income 2014: $1,039,3582014Revenue 2015: $5,217,609Expenses 2015: $4,990,043Net Income 2015: $227,5662015Revenue 2016: $6,390,831Expenses 2016: $6,766,538Net Income 2016: -$375,7072016Revenue 2017: $4,962,036Expenses 2017: $5,113,281Net Income 2017: -$151,2452017Revenue 2018: $6,061,188Expenses 2018: $5,530,237Net Income 2018: $530,9512018Revenue 2019: $6,434,933Expenses 2019: $5,899,881Net Income 2019: $535,0522019Revenue 2020: $6,752,230Expenses 2020: $6,794,193Net Income 2020: -$41,9632020Revenue 2021: $7,657,330Expenses 2021: $6,934,347Net Income 2021: $722,9832021Revenue 2022: $8,123,157Expenses 2022: $7,170,001Net Income 2022: $953,1562022Revenue 2023: $8,154,768Expenses 2023: $8,579,805Net Income 2023: -$425,0372023Revenue 2024: $8,713,879Expenses 2024: $8,929,852Net Income 2024: -$215,9732024

Highlighted filing

2016

Revenue$6,390,831
Expenses$6,766,538
Net Income-$375,707
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Feb 14, 2017
Return Version
2015v3.0
Gross Receipts
$6,390,831
Mission and Program Overview

Mission

The school's mission is to create an outstanding center for teaching and learning for children and their families that will recognize and nurture the full potential of every child, provide a foundation for a college education and educate students to be creative and critical thinkers and responsible citizens in school, at home and in the broader community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net-$8,715,125-
Savings and Temporary Cash Investments$8,800,225$852,610▼ $7,947,615
Accounts Receivable$178,786$393,849▲ $215,063
Pledges and Grants Receivable$221,261$71,166▼ $150,095
Land, Buildings, and Equipment, Net$1,044,642$37,574▼ $1,007,068
Prepaid Expenses and Deferred Charges$32,496$25,262▼ $7,234
Cash and Non-Interest-Bearing Accounts$500$500→ $0
Total Assets$10,277,910$10,096,086▼ $181,824
Liabilities
Other Liabilities$0$275,499▲ $275,499
Accounts Payable and Accrued Expenses$118,915$37,299▼ $81,616
Total Liabilities$118,915$312,798▲ $193,883
Net Assets / Fund Balance
Temporarily Rstr Net Assets$7,576,068$7,576,068→ $0
Unrestricted Net Assets$2,582,927$2,207,220▼ $375,707
Total Net Assets Fund Balance$10,158,995$9,783,288▼ $375,707
Total Liabilities and Net Assets / Fund Balance$10,277,910$10,096,086▼ $181,824

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$30,932$226,469$257,401
Other Land Buildings$6,532$85,618$92,150
Leasehold Improvements$110$56,840$56,950
Compensation and Service Providers
Top Officer Pay26th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Elizabeth KennerPrincipalFT$101,387$11,252$112,639
Andrew TobinTreasurerPT$43,754$7,894$51,648

Board Members and Trustees

NameTitle
Rev Carolyn VesselCo-Chair
Susan LucasCo-Chair
Leslie DavisVice Chair
Cathy FeldmanDirector
Charles LeeksDirector
Duane QuainiDirector
Errol StoneDirector
Gillian FlynnDirector
Howard SulkinDirector
James BicakDirector
Michele GossmeyerDirectoR
Pamela BakerDirECTOR
Sven CarlssonDireCTOR
Benjamin WeinbergAssistant Secretary
Elke RehbockAssistant Secretary
Robert MesserlySecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$6,299,871
Program Service Revenue
$61,451
Investment Income
$29,509
Other Revenue
$0
All Other Contributions
$1,524,515
Change in Net Assets
$-375,707

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded1$25,312Fair Market Value
Total Noncash Contributions1$25,312-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,941,925
Grants and Similar Amounts Paid$1,834,185
Other Expenses$990,428
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,987,178--$2,987,178
Grants to Domestic Orgs$1,834,185--$1,834,185
Occupancy$392,772--$392,772
Other Employee Benefits$319,501--$319,501
Pension Plan Contributions$304,220--$304,220
Current Officers, Directors, Trustees, and Key Employees$176,660--$176,660
Payroll Taxes$154,366--$154,366
Fees for Services Other$82,096$9,550-$91,646
Office Expenses$78,334--$78,334
Insurance$44,934--$44,934
Depreciation Depletion$34,818--$34,818
All Other Expenses$30,644--$30,644
Information Technology$29,904--$29,904
Other Expenses$22,823--$22,823
Fees for Services Accounting-$22,031-$22,031
Total Functional Expenses$6,734,957$31,581$0$6,766,538
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Legacy Charter School Support CorporationChicago, IL501(c)(3)Funding to Build a School$1,834,185
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Legacy Support Corp$275,499
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section A, line 2

“The school was founded by the law firm sonnenschein nath and rosenthal llp, now known as dentons. Numerous directors on the school's board are employed by or partners of dentons and may be clients of dentons. Dentons contributes administrative, accounting, and technology services to the school.”

Form 990, Part VI, Section A, line 4

“The organization amended its bylaws during the year to: 1. Create the position of honorary trustee; and 2. Create a range of numbers of board members”

Form 990, Part VI, Section A, line 8B

“There are no committees with the authority to act on behalf of the governing body.”

Form 990, Part VI, Section B, line 11

“The school's cpa firm assists in the preparation of form 990. A draft copy is reviewed by the board treasurer. An electronic version of form 990 is provided to board members for review prior to filing.”

Form 990, Part VI, Section B, line 12C

“The conflict of interest policy is given to board members yearly and a conflicts of interest policy is also included in the personnel handbook given out at the start of each school year.”

Form 990, Part VI, Section B, line 15

“Annual salaries and changes to annual salaries are determined by the board on a yearly basis. A variety of information is used to determine appropriate compensation levels.”

Form 990, Part VI, Section C, line 19

“The school makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Legacy Charter School
EIN
20-1946624
Phone
3128768000
Address
233 SOUTH WACKER DRIVE No 5900, CHICAGO, IL 60606

Signing Officer

Name
Andrew G Tobin
Title
Treasurer/director of Finance
Phone
3128762862
Signed
2017-02-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Errol L Stone
Formed
2003
Legal Domicile
Il
Voting Board Members
18
Independent Board Members
16
Employees
79
Volunteers
20

Preparer

Firm
Ostrow Reisin Berk & Abrams Ltd
Address
455 N Cityfront Plaza Dr Suite 1500, Chicago, IL 60611
Preparer
James G Quaid
Phone
3126707444
Supplemental Narrative

Additional Explanations

Schedule M, Line 31

“The school does not typically receive non-standard contributions. Periodically, the school receives contributions of publicly traded securities which it converts to cash upon receipt. All such contributions are used for school's program services.”

Financial Statement Notes

Part X, Line 2:

“The school is a tax-exempt organization as described in section 501(c)(3) of the internal revenue code (the code) and is exempt from federal income taxes on related income pursuant to section 501(a) of the code. In addition, the internal revenue service (irs) has determined that the school is not a private foundation within the meaning of section 509(a) of the code. The school has adopted the requirements for accounting for uncertain tax positions and management has determined that the school was not required to record a liability related to uncertain tax positions as of june 30, 2016 and 2015.”

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/TitleTxt0Co-Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt1Co-Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4ASSISTANT SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5ASSISTANT SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt6TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt7PRINCIPAL
IRS990/Form990PartVIISectionAGrp/TitleTxt8DirECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10DireCTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13DirectoR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02003
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt018
IRS990/GovernmentGrantsAmt04775356
IRS990/GrantAmt01834185
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt01834185
IRS990/GrantsToDomesticOrgsGrp/TotalAmt01834185
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt06390831
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt016
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt029904
IRS990/InformationTechnologyGrp/TotalAmt029904
IRS990/InsuranceGrp/ProgramServicesAmt044934
IRS990/InsuranceGrp/TotalAmt044934
IRS990/InvestmentIncomeGrp/ExclusionAmt029509
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt029509
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt07
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0368927
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01044642
IRS990/LandBldgEquipBasisNetGrp/EOYAmt037574
IRS990/LandBldgEquipCostOrOtherBssAmt0406501
IRS990/LegalDomicileStateCd0IL
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE SCHOOL'S MISSION IS TO CREATE AN OUTSTANDING CENTER FOR TEACHING AND LEARNING FOR CHILDREN AND THEIR FAMILIES THAT WILL RECOGNIZE AND NURTURE THE FULL POTENTIAL OF EVERY CHILD, PROVIDE A FOUNDATION FOR A COLLEGE EDUCATION AND EDUCATE STUDENTS TO BE CREATIVE AND CRITICAL THINKERS AND RESPONSIBLE CITIZENS IN SCHOOL, AT HOME AND IN THE BROADER COMMUNITY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt010158995
IRS990/NetAssetsOrFundBalancesEOYAmt09783288
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoncashContributionsAmt025312
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0392772
IRS990/OccupancyGrp/TotalAmt0392772
IRS990/OfficeExpensesGrp/ProgramServicesAmt078334
IRS990/OfficeExpensesGrp/TotalAmt078334
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0319501
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0319501
IRS990/OtherExpensesGrp/Desc0CPS ADMINISTRATIVE FEE
IRS990/OtherExpensesGrp/Desc1CLASSROOM SUPPLIES
IRS990/OtherExpensesGrp/Desc2DIRECT STUDENT COSTS
IRS990/OtherExpensesGrp/Desc3STAFF DEVELOPMENT
IRS990/OtherExpensesGrp/ProgramServicesAmt0127380
IRS990/OtherExpensesGrp/ProgramServicesAmt174962
IRS990/OtherExpensesGrp/ProgramServicesAmt240180
IRS990/OtherExpensesGrp/ProgramServicesAmt322823
IRS990/OtherExpensesGrp/TotalAmt0127380
IRS990/OtherExpensesGrp/TotalAmt174962
IRS990/OtherExpensesGrp/TotalAmt240180
IRS990/OtherExpensesGrp/TotalAmt322823
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt0275499
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02987178
IRS990/OtherSalariesAndWagesGrp/TotalAmt02987178
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt08715125
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt0154366
IRS990/PayrollTaxesGrp/TotalAmt0154366
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0304220
IRS990/PensionPlanContributionsGrp/TotalAmt0304220
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0221261
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt071166
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt032496
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt025262
IRS990/PrincipalOfficerNm0ERROL L STONE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/Desc0STUDENT FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt061451
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt061451
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt05112073
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt06684
IRS990/PYOtherExpensesAmt01048212
IRS990/PYOtherRevenueAmt036
IRS990/PYProgramServiceRevenueAmt098816
IRS990/PYRevenuesLessExpensesAmt0227566
IRS990/PYSalariesCompEmpBnftPaidAmt03941831
IRS990/PYTotalExpensesAmt04990043
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt05217609
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-375707
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt061451
IRS990/SavingsAndTempCashInvstGrp/BOYAmt08800225
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0852610
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt06299871
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt05112073
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt05509030
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt04279110
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt04023788
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt025223872
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt029509
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt06684
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt013043
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt013705
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt017930
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt080871
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0356270
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt036
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt02898
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt06624
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt043071
IRS990ScheduleA/OtherIncome170Grp/TotalAmt052629
IRS990ScheduleA/PublicSupportCY170Pct00.93760
IRS990ScheduleA/PublicSupportPY170Pct00.96900
IRS990ScheduleA/PublicSupportTotal170Amt023776050
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleA/SubstantialContributorsTotAmt01447822
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt06299871
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt05112073
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt05509030
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt04279110
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt04023788
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt025223872
IRS990ScheduleA/TotalSupportAmt025357372
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt030932
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0226469
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0257401
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0110
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt056840
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt056950
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt06532
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt085618
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt092150
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0275499
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Due to Legacy Support Corp
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL IS A TAX-EXEMPT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE) AND IS EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE CODE. IN ADDITION, THE INTERNAL REVENUE SERVICE (IRS) HAS DETERMINED THAT THE SCHOOL IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE CODE. THE SCHOOL HAS ADOPTED THE REQUIREMENTS FOR ACCOUNTING FOR UNCERTAIN TAX POSITIONS AND MANAGEMENT HAS DETERMINED THAT THE SCHOOL WAS NOT REQUIRED TO RECORD A LIABILITY RELATED TO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2016 AND 2015.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt037574
IRS990ScheduleD/TotalLiabilityAmt0275499
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$10,096,086
Liabilities
$312,798
Net assets
$9,783,288
Revenue
$6,390,831
Expenses
$6,766,538
Net income
-$375,707
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.7$4.39$19.3$8.71$8.93$0.22
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$23.8$4.32$19.5$8.15$8.58$0.43
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.2$0.54$12.6$8.12$7.17$0.95
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.7$1.27$12.4$7.66$6.93$0.72
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.3$1.54$11.7$6.75$6.79$0.04
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.2$0.46$11.8$6.43$5.90$0.54
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.5$0.31$11.2$6.06$5.53$0.53
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.95$0.32$9.63$4.96$5.11$0.15
2016Detailed filing. Detailed filing data is available for this year.$10.1$0.31$9.78$6.39$6.77$0.38
2015Detailed filing. Detailed filing data is available for this year.$10.3$0.12$10.2$5.22$4.99$0.23
2014Detailed filing. Detailed filing data is available for this year.$9.96$0.03$9.93$5.59$4.55$1.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.88$0.09$8.79$4.12
2012Summary only. Only limited summary data is available for this year.$8.61$0.05$8.56$4.16$4.21$0.05
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.66$0.05$8.61$3.53
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.68$0.00$8.68$2.90