Civic Intelligence

Legacy Secondary Schools Inc.

990 • Fiscal year 2017 • EIN 26-2215217

Jul 01, 2016 to Jun 30, 2017 • Filed on Dec 20, 2017

Organization Profilewww.legacy-christian.com

View Organization Page

27680 Dickason DriveValencia, CA 91355

(661) 257-7377

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.28x

Higher debt load relative to assets than 62% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

48th percentile

0.15x

Higher debt load relative to revenue than 48% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Net Margin

59th percentile

6.0%

Higher net margin than 59% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

71st percentile

$175,000

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 2.9% of source-year revenue.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Asset Growth

47th percentile

3.1%

Faster asset growth than 47% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

55th percentile

6.4%

Faster revenue growth than 55% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets62nd percentile

Assets

Up

$3,237,098

Up $98,855 (+3.2%) from 2016

Net Assets

Up

$2,320,680

Up $360,680 (+18%) from 2016

Liabilities

Down

$916,418

Down $261,825 (-22%) from 2016

Revenue And Expenses
Liabilities / Revenue48th percentileNet Margin59th percentile

Revenue

Up

$5,989,574

Up $360,943 (+6.4%) from 2016

Expenses

Up

$5,628,894

Up $416,915 (+8.0%) from 2016

Net Income

Down

$360,680

Down $55,972 (-13%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth47th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2013: $2,968,494Liabilities 2013: $2,252,658Net Assets 2013: $715,8362013Assets 2014: $3,337,853Liabilities 2014: $2,117,374Net Assets 2014: $1,220,4792014Assets 2015: $3,387,840Liabilities 2015: $1,844,492Net Assets 2015: $1,543,3482015Assets 2016: $3,138,243Liabilities 2016: $1,178,243Net Assets 2016: $1,960,0002016Assets 2017: $3,237,098Liabilities 2017: $916,418Net Assets 2017: $2,320,6802017Assets 2018: $3,244,679Liabilities 2018: $814,789Net Assets 2018: $2,429,8902018Assets 2019: $3,208,238Liabilities 2019: $434,789Net Assets 2019: $2,773,4492019Assets 2020: $3,867,908Liabilities 2020: $374,789Net Assets 2020: $3,493,1192020Assets 2021: $3,988,714Liabilities 2021: $60,000Net Assets 2021: $3,928,7142021Assets 2022: $3,200,715Liabilities 2022: $210,000Net Assets 2022: $2,990,7152022

Highlighted filing

2017

Assets$3,237,098
Liabilities$916,418
Net Assets$2,320,680
Open 2017 Filing

Operations Trend

Revenue Growth55th percentile

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

$10M$5.0M$0-$5.0MExpenses 2013: $4,336,3692013Revenue 2014: $4,393,782Expenses 2014: $3,889,139Net Income 2014: $504,6432014Revenue 2015: $4,990,129Expenses 2015: $4,667,260Net Income 2015: $322,8692015Revenue 2016: $5,628,631Expenses 2016: $5,211,979Net Income 2016: $416,6522016Revenue 2017: $5,989,574Expenses 2017: $5,628,894Net Income 2017: $360,6802017Revenue 2018: $6,296,494Expenses 2018: $6,187,284Net Income 2018: $109,2102018Revenue 2019: $6,204,138Expenses 2019: $5,860,581Net Income 2019: $343,5572019Revenue 2020: $6,253,916Expenses 2020: $5,534,246Net Income 2020: $719,6702020Revenue 2021: $6,809,194Expenses 2021: $6,373,599Net Income 2021: $435,5952021Revenue 2022: $6,761,544Expenses 2022: $7,699,544Net Income 2022: -$938,0002022

Highlighted filing

2017

Revenue$5,989,574
Expenses$5,628,894
Net Income$360,680
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Dec 20, 2017
Return Version
2016v3.0
Gross Receipts
$6,001,857
Mission and Program Overview

Mission

We are committed to providing a comprehensive, rigorous, and well-rounded preparatory education to students within a christian, family-oriented, safe learning environment. We are dedicated to the pursuit of academic excellence and the development of christian character.

See schedule o for organization mission statementwe are committed to providing a comprehensive, rigorous, and well-rounded preparatory education to students within a christian, family-oriented, safe learning environment. We are dedicated to the pursuit of academic excellence and the development of christian character.

Balance Sheet Detail
LineBeginningEndChange
Assets
Loans From Officers Directors$1,118,243$856,418▼ $261,825
Cash and Non-Interest-Bearing Accounts$419,100$529,063▲ $109,963
Land, Buildings, and Equipment, Net$344,561$333,453▼ $11,108
Total Assets$3,138,243$3,237,098▲ $98,855
Other Assets Total$2,374,582$2,374,582→ $0
Liabilities
Deferred Revenue$60,000$60,000→ $0
Total Liabilities$1,178,243$916,418▼ $261,825
Net Assets / Fund Balance
Unrestricted Net Assets$1,960,000$2,320,680▲ $360,680
Total Net Assets Fund Balance$1,960,000$2,320,680▲ $360,680
Total Liabilities and Net Assets / Fund Balance$3,138,243$3,237,098▲ $98,855

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$333,453$93,477$426,930
Other Land Buildings$0$21,281$21,281
Other Assets Org$2,374,582--
Compensation and Service Providers
Top Officer Pay71st percentile

Employees

NameTitleBaseTotal
Timothy BorruelDirector$175,000$175,000

Board Members and Trustees

NameTitle
Joshua MitchellChairman
Barbara CoelerDirector
Corky LeeDirector
Joe KellerDirector
Marcus SlattenDirector
Peter CoelerDirector
Donna BorruelSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$5,767,217
Investment Income
$1,118
Other Revenue
$221,239
Change in Net Assets
$360,680
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,063,406
Other Expenses$2,565,488
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,814,765$655,918-$2,470,683
Occupancy$856,087--$856,087
All Other Expenses$264,611$34,511-$299,122
Other Employee Benefits$189,391$68,453-$257,844
Office Expenses$226,997--$226,997
Current Officers, Directors, Trustees, and Key Employees-$175,000-$175,000
Payroll Taxes$150,509$9,370-$159,879
Other Expenses$152,032--$152,032
Insurance$107,975--$107,975
Advertising$87,812--$87,812
Fees for Services Legal-$19,737-$19,737
Depreciation Depletion-$11,107-$11,107
Total Functional Expenses$4,654,798$974,096$0$5,628,894
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$233,522
Fundraising Direct Expenses$12,283
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$1,118,243$856,418▼ $261,825
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Other officer compensation reviewed
Yes
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, Part VI, Section B, line 11B

“Line 11a explanation - BOARD REVIEW AND APPROVAL”

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

“Board oversight and approval”

Form 990, Part VI, Section B, line 15

“Board oversight and approval”

Form 990, Part VI, Section C, line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Legacy Secondary Schools Inc
EIN
26-2215217
Phone
6612577377
Address
27680 Dickason Drive, Valencia, CA 91355

Signing Officer

Name
Tim Borruel
Title
President
Phone
6612577377
Signed
2017-12-20
Discuss with paid preparer
Yes

Organization Details

Formed
2008
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

Firm
Arxis Financial Inc
Address
2468 Tapo Canyon Road, Simi Valley, CA 93063
Preparer
Chris Hamilton CPA CFE CVA
Phone
8053067890
Raw XML AppendixShowing 400 of 403 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/AccountantCompileOrReviewInd00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0SEE SCHEDULE O FOR ORGANIZATION MISSION STATEMENTWE ARE COMMITTED TO PROVIDING A COMPREHENSIVE, RIGOROUS, AND WELL-ROUNDED PREPARATORY EDUCATION TO STUDENTS WITHIN A CHRISTIAN, FAMILY-ORIENTED, SAFE LEARNING ENVIRONMENT. WE ARE DEDICATED TO THE PURSUIT OF ACADEMIC EXCELLENCE AND THE DEVELOPMENT OF CHRISTIAN CHARACTER.
IRS990/AdvertisingGrp/ProgramServicesAmt087812
IRS990/AdvertisingGrp/TotalAmt087812
IRS990/AllAffiliatesIncludedInd01
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt034511
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0264611
IRS990/AllOtherExpensesGrp/TotalAmt0299122
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Tim Borruel
IRS990/BooksInCareOfDetail/PhoneNum06612577377
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt027680 Dickason Drive
IRS990/BooksInCareOfDetail/USAddress/CityNm0Valencia
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd091355
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0419100
IRS990/CashNonInterestBearingGrp/EOYAmt0529063
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0175000
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0175000
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01118
IRS990/CYOtherExpensesAmt02565488
IRS990/CYOtherRevenueAmt0221239
IRS990/CYProgramServiceRevenueAmt05767217
IRS990/CYRevenuesLessExpensesAmt0360680
IRS990/CYSalariesCompEmpBnftPaidAmt03063406
IRS990/CYTotalExpensesAmt05628894
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt05989574
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt060000
IRS990/DeferredRevenueGrp/EOYAmt060000
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt011107
IRS990/DepreciationDepletionGrp/TotalAmt011107
IRS990/Desc0COSTS FOR CURRICULUM AND TEACHERS TO EDUCATE 435 STUDENTS FROM KINDERGARTEN THROUGH EIGHTH GRADES. ALSO INCLUDES EXPENSES SUCH AS LUNCH PROGRAM, MAINTENANCE, AND UTILITIES FOR CLASSROOM USE.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt04654798
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt019737
IRS990/FeesForServicesLegalGrp/TotalAmt019737
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
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/PersonNm0Joe Keller
IRS990/Form990PartVIISectionAGrp/PersonNm1Marcus Slatten
IRS990/Form990PartVIISectionAGrp/PersonNm2Corky Lee
IRS990/Form990PartVIISectionAGrp/PersonNm3Peter Coeler
IRS990/Form990PartVIISectionAGrp/PersonNm4Barbara Coeler
IRS990/Form990PartVIISectionAGrp/PersonNm5Timothy Borruel
IRS990/Form990PartVIISectionAGrp/PersonNm6Joshua Mitchell
IRS990/Form990PartVIISectionAGrp/PersonNm7Donna Borruel
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt5175000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
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/TitleTxt0Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt7Secretary
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02008
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/FundraisingDirectExpensesAmt012283
IRS990/FundraisingGrossIncomeAmt0233522
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt06001857
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt0107975
IRS990/InsuranceGrp/TotalAmt0107975
IRS990/InvestmentIncomeGrp/ExclusionAmt01118
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01118
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0114758
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0344561
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0333453
IRS990/LandBldgEquipCostOrOtherBssAmt0448211
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd01
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt01118243
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt0856418
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0WE ARE COMMITTED TO PROVIDING A COMPREHENSIVE, RIGOROUS, AND WELL-ROUNDED PREPARATORY EDUCATION TO STUDENTS WITHIN A CHRISTIAN, FAMILY-ORIENTED, SAFE LEARNING ENVIRONMENT. WE ARE DEDICATED TO THE PURSUIT OF ACADEMIC EXCELLENCE AND THE DEVELOPMENT OF CHRISTIAN CHARACTER.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01960000
IRS990/NetAssetsOrFundBalancesEOYAmt02320680
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0221239
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0221239
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0856087
IRS990/OccupancyGrp/TotalAmt0856087
IRS990/OfficeExpensesGrp/ProgramServicesAmt0226997
IRS990/OfficeExpensesGrp/TotalAmt0226997
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02374582
IRS990/OtherAssetsTotalGrp/EOYAmt02374582
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt068453
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0189391
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0257844
IRS990/OtherExpensesGrp/Desc0Curriculum
IRS990/OtherExpensesGrp/Desc1Site Maintenance
IRS990/OtherExpensesGrp/Desc2Supplies
IRS990/OtherExpensesGrp/Desc3Special Events
IRS990/OtherExpensesGrp/ProgramServicesAmt0308151
IRS990/OtherExpensesGrp/ProgramServicesAmt1289958
IRS990/OtherExpensesGrp/ProgramServicesAmt2206510
IRS990/OtherExpensesGrp/ProgramServicesAmt3152032
IRS990/OtherExpensesGrp/TotalAmt0308151
IRS990/OtherExpensesGrp/TotalAmt1289958
IRS990/OtherExpensesGrp/TotalAmt2206510
IRS990/OtherExpensesGrp/TotalAmt3152032
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0655918
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01814765
IRS990/OtherSalariesAndWagesGrp/TotalAmt02470683
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt09370
IRS990/PayrollTaxesGrp/ProgramServicesAmt0150509
IRS990/PayrollTaxesGrp/TotalAmt0159879
IRS990/PoliticalCampaignActyInd00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0EDUCATION
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt05767217
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt05767217
IRS990/ProgSrvcAccomActyOtherGrp/Desc0COSTS FOR CURRICULUM AND TEACHERS TO EDUCATE 435 STUDENTS FROM KINDERGARTEN THROUGH EIGHTH GRADES. ALSO INCLUDES EXPENSES SUCH AS LUNCH PROGRAM, MAINTENANCE, AND UTILITIES FOR CLASSROOM USE.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01641
IRS990/PYOtherExpensesAmt02387849
IRS990/PYOtherRevenueAmt084649
IRS990/PYProgramServiceRevenueAmt05542341
IRS990/PYRevenuesLessExpensesAmt0416652
IRS990/PYSalariesCompEmpBnftPaidAmt02824130
IRS990/PYTotalExpensesAmt05211979
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt05628631
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0360680
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt05767217
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0333453
IRS990ScheduleD/BuildingsGrp/DepreciationAmt093477
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0426930
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt02374582
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0GOODWILL
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt021281
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt021281
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0333453
IRS990ScheduleD/TotalBookValueOtherAssetsAmt02374582
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0175000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Timothy Borruel
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Director
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0175000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0856418
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0ACQUISITION LOAN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt02350000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0TIMOTHY BORRUEL
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990ScheduleL/TotalBalanceDueAmt0856418
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Line 11a explanation - BOARD REVIEW AND APPROVAL
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD OVERSIGHT AND APPROVAL
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD OVERSIGHT AND APPROVAL
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03138243
IRS990/TotalAssetsEOYAmt03237098
IRS990/TotalAssetsGrp/BOYAmt03138243
IRS990/TotalAssetsGrp/EOYAmt03237098
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0974096
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt04654798
IRS990/TotalFunctionalExpensesGrp/TotalAmt05628894
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01178243
IRS990/TotalLiabilitiesEOYAmt0916418
IRS990/TotalLiabilitiesGrp/BOYAmt01178243
IRS990/TotalLiabilitiesGrp/EOYAmt0916418
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01960000
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02320680
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt04654798
IRS990/TotalProgramServiceRevenueAmt05767217
IRS990/TotalReportableCompFromOrgAmt0175000
IRS990/TotalRevenueGrp/ExclusionAmt0222357
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt05767217
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt05989574
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03138243
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03237098
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01960000
IRS990/UnrestrictedNetAssetsGrp/EOYAmt02320680
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt027680 Dickason Drive
IRS990/USAddress/CityNm0Valencia
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd091355
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0http://www.legacy-christian.com/
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02018-03-14 21:41:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0TIM BORRUEL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum06612577377
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-12-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Legacy Secondary Schools Inc
ReturnHeader/Filer/BusinessNameControlTxt0LEGA
ReturnHeader/Filer/EIN0262215217
ReturnHeader/Filer/PhoneNum06612577377
ReturnHeader/Filer/USAddress/AddressLine1Txt027680 Dickason Drive
ReturnHeader/Filer/USAddress/CityNm0Valencia
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd091355
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DA39A3EE5E6B4B0D3255BFEF95601890AFD80709
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0ABDFAC61E7F26665055FCDFE9D03A500E3946EDB
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0216.101.95.2
ReturnHeader/FilingSecurityInformation/IPDt02017-12-20
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PS
ReturnHeader/FilingSecurityInformation/IPTm012:32:17
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0954557548
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Arxis Financial Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02468 Tapo Canyon Road
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Simi Valley
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd093063
ReturnHeader/PreparerPersonGrp/PhoneNum08053067890
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Chris Hamilton CPA CFE CVA
ReturnHeader/ReturnTs02017-12-20T12:32:19-06:00
ReturnHeader/ReturnTypeCd0990

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,237,098
Liabilities
$916,418
Net assets
$2,320,680
Revenue
$5,989,574
Expenses
$5,628,894
Net income
$360,680
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$3.20$0.21$2.99$6.76$7.70$0.94
2021Detailed filing. Detailed filing data is available for this year.$3.99$0.06$3.93$6.81$6.37$0.44
2020Detailed filing. Detailed filing data is available for this year.$3.87$0.37$3.49$6.25$5.53$0.72
2019Detailed filing. Detailed filing data is available for this year.$3.21$0.43$2.77$6.20$5.86$0.34
2018Detailed filing. Detailed filing data is available for this year.$3.24$0.81$2.43$6.30$6.19$0.11
2017Detailed filing. Detailed filing data is available for this year.$3.24$0.92$2.32$5.99$5.63$0.36
2016Detailed filing. Detailed filing data is available for this year.$3.14$1.18$1.96$5.63$5.21$0.42
2015Detailed filing. Detailed filing data is available for this year.$3.39$1.84$1.54$4.99$4.67$0.32
2014Detailed filing. Detailed filing data is available for this year.$3.34$2.12$1.22$4.39$3.89$0.50
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.97$2.25$0.72$4.34