Civic Intelligence

Legacy Sports Inc.

990EZ • Fiscal year 2020 • EIN 26-3231667

Jan 01, 2020 to Dec 31, 2020 • Filed on Mar 26, 2021

5404 Cotton Top CourtWaxhaw, NC 28173

(980) 721-2574

Siviq Scores

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

Liabilities / Assets

89th percentile

0.37x

Higher debt load relative to assets than 89% of similar nonprofits.

2020 filings • NTEE N • <$500k nonprofits • Source year 2020

Liabilities / Revenue

76th percentile

0.05x

Higher debt load relative to revenue than 76% of similar nonprofits.

2020 filings • NTEE N • <$500k nonprofits • Source year 2020

Net Margin

46th percentile

-1.7%

Higher net margin than 46% of similar nonprofits.

2020 filings • NTEE N • <$500k nonprofits • Source year 2020

Top Officer Pay

98th percentile

$68,318

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 61.9% of source-year revenue.

2020 filings • NTEE N • <$500k nonprofits • Source year 2020

Asset Growth

53rd percentile

0.1%

Faster asset growth than 53% of similar nonprofits.

2020 filings • NTEE N • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

56th percentile

-25%

Faster revenue growth than 56% of similar nonprofits.

2020 filings • NTEE N • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$14,709

Up $19 (+0.1%) from 2019

Net Assets

Down

$9,196

Down $1,825 (-17%) from 2019

Liabilities

Up

$5,513

Up $1,844 (+50%) from 2019

Revenue

Down

$110,385

Down $37,390 (-25%) from 2019

Expenses

Down

$112,210

Down $22,040 (-16%) from 2019

Net Income

Down

-$1,825

Down $15,350 (-113%) from 2019

Historical Trend

Balance Sheet Trend

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

$30K$20K$10K$0-$10KAssets 2017: $14,972Liabilities 2017: $4,356Net Assets 2017: $10,6162017Assets 2018: $4,333Liabilities 2018: $6,837Net Assets 2018: -$2,5042018Assets 2019: $14,690Liabilities 2019: $3,669Net Assets 2019: $11,0212019Assets 2020: $14,709Liabilities 2020: $5,513Net Assets 2020: $9,1962020Assets 2021: $24,243Liabilities 2021: $3,260Net Assets 2021: $20,9832021Assets 2022: $20,869Liabilities 2022: $1,101Net Assets 2022: $19,7682022Assets 2023: $7,422Liabilities 2023: $2,101Net Assets 2023: $5,3212023Assets 2024: $26,782Liabilities 2024: $4,024Net Assets 2024: $22,7582024Assets 2025: $26,123Liabilities 2025: $3,330Net Assets 2025: $22,7932025

Highlighted filing

2020

Assets$14,709
Liabilities$5,513
Net Assets$9,196

Operations Trend

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

$200K$150K$100K$50K$0-$50KRevenue 2017: $177,269Expenses 2017: $173,775Net Income 2017: $3,4942017Revenue 2018: $140,637Expenses 2018: $153,757Net Income 2018: -$13,1202018Revenue 2019: $147,775Expenses 2019: $134,250Net Income 2019: $13,5252019Revenue 2020: $110,385Expenses 2020: $112,210Net Income 2020: -$1,8252020Revenue 2021: $138,183Expenses 2021: $126,396Net Income 2021: $11,7872021Revenue 2022: $137,085Expenses 2022: $138,300Net Income 2022: -$1,2152022Revenue 2023: $132,853Expenses 2023: $147,300Net Income 2023: -$14,4472023Revenue 2024: $176,179Expenses 2024: $158,742Net Income 2024: $17,4372024Revenue 2025: $160,191Expenses 2025: $160,156Net Income 2025: $352025

Highlighted filing

2020

Revenue$110,385
Expenses$112,210
Net Income-$1,825
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Mar 26, 2021
Return Version
2020v4.0
Gross Receipts
$110,385
Mission and Program Overview

Mission

We seek to take the initiative to create a holistic and encouraging environment where the fundamentals of sports, life principles, and Biblical truths are integrated. Our platform is leagues, camps, and academies. Coaches are expected to set a Christ-like example for players, parents, and coaches based on the Coach 11:1 motto which is taken from 1 Corinthians 11:1 where Paul writes, "Follow my example as I follow the example of Christ". We also seek to pursue excellence in all things for the glory of God (Colossians 3:23, 1 Corinthians 10:31).

Program Services

DescriptionGrantsExpenses
Legacy Sports organizes youth leagues, camps, and academies that service approximately 1000 players annually.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Scott TysonDirectorFT$62,220$6,098$68,318
Filing and Contact Details

Filer

Filer Name
Legacy Sports Inc
EIN
26-3231667
Phone
9807212574
Address
5404 Cotton Top Court, Waxhaw, NC 28173

Signing Officer

Name
Scott Tyson
Title
President/Owner
Phone
9807212574
Signed
2021-03-26
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

Description;Amount^Equipment;2062|Auto;2381|Administration;708|Uniforms;5452|Liability Insurance;1120|Medical Insurance;6098|Office Supplies;2129|Taxes;4775|Registration Refunds;7645^Total;32370^

Form 990-EZ, Part II, Line 24

Description;EOY Amount^Sales Tax Receivable;671^Total;671^

Form 990-EZ, Part II, Line 26

Description;EOY Amount^Credit Cards;3660|Payroll Liabilities;1853^Total;5513^

Raw XML Appendix140 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
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IRS990EZ/BooksInCareOfDetail/PhoneNum09807212574
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Waxhaw
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd028173
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IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt032370
IRS990EZ/OtherRevenueTotalAmt00
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IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0We seek to take the initiative to create a holistic and encouraging environment where the fundamentals of sports, life principles, and Biblical truths are integrated. Our platform is leagues, camps, and academies. Coaches are expected to set a Christ-like example for players, parents, and coaches based on the Coach 11:1 motto which is taken from 1 Corinthians 11:1 where Paul writes, "Follow my example as I follow the example of Christ". We also seek to pursue excellence in all things for the glory of God (Colossians 3:23, 1 Corinthians 10:31).
IRS990EZ/PrintingPublicationsPostageAmt0450
IRS990EZ/ProgramServiceRevenueAmt067746
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IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
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IRS990EZ/SchoolOperatingInd00
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0110385
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0147775
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0140637
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IRS990ScheduleA/PublicSupportCY170Pct01
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0147995
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0724061
IRS990ScheduleA/TotalSupportAmt0724061
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description;Amount^Equipment;2062|Auto;2381|Administration;708|Uniforms;5452|Liability Insurance;1120|Medical Insurance;6098|Office Supplies;2129|Taxes;4775|Registration Refunds;7645^Total;32370^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description;EOY Amount^Sales Tax Receivable;671^Total;671^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description;EOY Amount^Credit Cards;3660|Payroll Liabilities;1853^Total;5513^
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part II, Line 26
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd01
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Scott Tyson
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President/Owner
ReturnHeader/BusinessOfficerGrp/PhoneNum09807212574
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-03-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LEGACY SPORTS INC
ReturnHeader/Filer/BusinessNameControlTxt0LEGA
ReturnHeader/Filer/EIN0263231667
ReturnHeader/Filer/PhoneNum09807212574
ReturnHeader/Filer/USAddress/AddressLine1Txt05404 Cotton Top Court
ReturnHeader/Filer/USAddress/CityNm0Waxhaw
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028173
ReturnHeader/ReturnTs02021-03-26T13:47:38-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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Filings