Civic Intelligence

Legacy Public Charter School Inc

990 • Fiscal year 2014 • EIN 27-2515468

Jul 01, 2013 to Jun 30, 2014 • Filed on Aug 13, 2014

4015 S Legacy Way83686

(208) 467-0947

Siviq Scores

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

Liabilities / Assets

90th percentile

0.92x

Higher debt load relative to assets than 90% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

90th percentile

2.07x

Higher debt load relative to revenue than 90% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

51st percentile

3.0%

Higher net margin than 51% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

61st percentile

$83,083

Higher top officer pay than 61% of similar nonprofits.

Top officer pay equals 5.5% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

42nd percentile

0.1%

Faster asset growth than 42% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

Up

$3,405,597

Up $1,818 (+0.1%) from 2013

Net Assets

Up

$260,705

Up $45,863 (+21%) from 2013

Liabilities

Down

$3,144,892

Down $44,045 (-1.4%) from 2013

Revenue

$1,516,710

No earlier filing loaded for comparison.

Expenses

Up

$1,470,847

Up $68,599 (+4.9%) from 2013

Net Income

$45,863

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $341,439Liabilities 2011: $118,815Net Assets 2011: $222,6242011Assets 2012: $1,760,864Liabilities 2012: $1,482,521Net Assets 2012: $278,3432012Assets 2013: $3,403,779Liabilities 2013: $3,188,937Net Assets 2013: $214,8422013Assets 2014: $3,405,597Liabilities 2014: $3,144,892Net Assets 2014: $260,7052014Assets 2015: $3,667,879Liabilities 2015: $3,488,985Net Assets 2015: $178,8942015Assets 2016: $3,969,364Liabilities 2016: $3,541,138Net Assets 2016: $428,2262016Assets 2017: $4,395,072Liabilities 2017: $3,617,626Net Assets 2017: $777,4462017Assets 2018: $4,571,061Liabilities 2018: $3,391,962Net Assets 2018: $1,179,0992018Assets 2019: $4,694,968Liabilities 2019: $3,357,453Net Assets 2019: $1,337,5152019Assets 2020: $4,765,722Liabilities 2020: $3,228,854Net Assets 2020: $1,536,8682020Assets 2021: $5,294,577Liabilities 2021: $3,662,314Net Assets 2021: $1,632,2632021Assets 2022: $6,091,192Liabilities 2022: $3,692,822Net Assets 2022: $2,398,3702022Assets 2023: $6,569,784Liabilities 2023: $3,951,482Net Assets 2023: $2,618,3022023Assets 2024: $6,895,276Liabilities 2024: $3,906,047Net Assets 2024: $2,989,2292024Assets 2025: $7,034,359Liabilities 2025: $3,884,412Net Assets 2025: $3,149,9472025

Highlighted filing

2014

Assets$3,405,597
Liabilities$3,144,892
Net Assets$260,705

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0Expenses 2011: $247,3762011Expenses 2012: $1,160,0272012Expenses 2013: $1,402,2482013Revenue 2014: $1,516,710Expenses 2014: $1,470,847Net Income 2014: $45,8632014Revenue 2015: $1,782,055Expenses 2015: $1,491,953Net Income 2015: $290,1022015Revenue 2016: $1,782,159Expenses 2016: $1,532,827Net Income 2016: $249,3322016Revenue 2017: $2,037,537Expenses 2017: $1,688,317Net Income 2017: $349,2202017Revenue 2018: $2,181,755Expenses 2018: $1,780,102Net Income 2018: $401,6532018Revenue 2019: $2,384,164Expenses 2019: $2,225,748Net Income 2019: $158,4162019Revenue 2020: $2,471,423Expenses 2020: $2,272,070Net Income 2020: $199,3532020Revenue 2021: $2,861,347Expenses 2021: $2,765,952Net Income 2021: $95,3952021Revenue 2022: $3,016,094Expenses 2022: $2,249,987Net Income 2022: $766,1072022Revenue 2023: $3,120,084Expenses 2023: $2,900,152Net Income 2023: $219,9322023Revenue 2024: $3,694,894Expenses 2024: $3,323,967Net Income 2024: $370,9272024Revenue 2025: $3,575,132Expenses 2025: $3,414,414Net Income 2025: $160,7182025

Highlighted filing

2014

Revenue$1,516,710
Expenses$1,470,847
Net Income$45,863
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Aug 13, 2014
Return Version
2013v3.0
Gross Receipts
$1,516,710
Mission and Program Overview

Mission

Public Education.

Public education (Local Educational Agency).

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,997,396$2,953,412▼ $43,984
Savings and Temporary Cash Investments-$297,649-
Cash and Non-Interest-Bearing Accounts$362,800$74,200▼ $288,600
Pledges and Grants Receivable$43,583$65,702▲ $22,119
Prepaid Expenses and Deferred Charges-$14,634-
Total Assets$3,403,779$3,405,597▲ $1,818
Liabilities
Tax Exempt Bond Liabilities$2,845,000$2,845,000→ $0
Mortgage Notes Payable Secured by Investment Property$166,370$166,370→ $0
Accounts Payable and Accrued Expenses$171,008$128,474▼ $42,534
Deferred Revenue$6,559$5,048▼ $1,511
Total Liabilities$3,188,937$3,144,892▼ $44,045
Net Assets / Fund Balance
Unrestricted Net Assets$214,842$260,705▲ $45,863
Total Net Assets Fund Balance$214,842$260,705▲ $45,863
Total Liabilities and Net Assets / Fund Balance$3,403,779$3,405,597▲ $1,818

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,742,948$129,043$2,871,991
Land$183,465-$183,465
Equipment$26,999$7,937$34,936
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Seth StallcopAdministratorFT$74,072$9,011$83,083

Board Members and Trustees

NameTitle
Bart McKnightChair
Sheila BryantVice Chair
Christine IvieMember
Daniel BowerMember
Emily CriddleTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,516,429
Program Service Revenue
$0
Investment Income
$281
Other Revenue
$0
All Other Contributions
$9,375
Change in Net Assets
$45,863

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,516,710
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,516,710
Total Revenue per Form 990
$1,516,710
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$993,821
Other Expenses$477,026
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$705,279--$705,279
Interest$202,372--$202,372
Other Employee Benefits$70,753$7,524-$78,277
Other Expenses$68,614$7,624-$76,238
Pension Plan Contributions$68,310$7,264-$75,574
Current Officers, Directors, Trustees, and Key Employees-$75,000-$75,000
Depreciation Depletion$60,933--$60,933
Payroll Taxes$53,953$5,738-$59,691
Occupancy$26,577$2,953-$29,530
Insurance$14,737$1,637-$16,374
Fees for Services Accounting-$5,160-$5,160
Total Functional Expenses$1,357,947$112,900$0$1,470,847

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,470,847
Total Expenses per Audited Statements$1,470,847
Total Expenses per Form 990$1,470,847
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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

Bond Issues

BondIssuerIssuedIssue PricePurpose
A27-25154682013-02-19$2,845,000Facilities Construction.

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$2,845,000--$126,366

Bond Financing Compliance

No rebate due
No
Rebate not yet due
Yes
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
No
Backup withholding compliance
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 11

Form 990 is reviewed by designated finance personnel prior to filing.

Form 990, Part VI, Section B, line 15

All salaries, including those for management and key personnel, are integrated with the state salary funding formula and are independently reviewed, approved, and documented.

Form 990, Part VI, Section C, line 19

All public information documents are made available upon request.

Filing and Contact Details

Filer

EIN
27-2515468
Phone
2084670947

Signing Officer

Name
Bart McKnight
Title
Chairman
Phone
2084670947
Signed
2014-08-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bart McKnight
Formed
2009
Legal Domicile
Id
Voting Board Members
5
Independent Board Members
5
Employees
44
Volunteers
70

Preparer

Preparer
Kurt Folke
Phone
2086421417
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0As a state chartered public school policy communications are the same as required for traditonal public school districts and are accomplished during admissions.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1The school is a state chartered public school and receives substantially all of its support through the Idaho State Department of Education.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Part I, Line 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Part I, Line 6
IRS990/ScheduleJRequiredInd00
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd01
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02013-02-19
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0272515468
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum045129GCB9
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt02845000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine10Legacy Public Charter School Inc
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0Facilities Construction.
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/PrivateBusConcerningUBIPct00.00000
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/PrivateBusUseByOthersPct00.00000
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/TotalPrivateBusinessUsePct00.00000
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd01
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdvanceRefundingInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalExpendituresAmt02494441
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CurrentRefundingInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd01
IRS990ScheduleK/TaxExemptBondsProceedsGrp/InReserveFundAmt0224193
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt0126366
IRS990ScheduleK/TaxExemptBondsProceedsGrp/SubstantialCompletionYr02013
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt02845000
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Form 990 is reviewed by designated finance personnel prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1All salaries, including those for management and key personnel, are integrated with the state salary funding formula and are independently reviewed, approved, and documented.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2All public information documents are made available upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, line 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt02845000
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt02845000
IRS990/TaxExemptBondsInd01
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03403779
IRS990/TotalAssetsEOYAmt03405597
IRS990/TotalAssetsGrp/BOYAmt03403779
IRS990/TotalAssetsGrp/EOYAmt03405597
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01516429
IRS990/TotalEmployeeCnt044
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0112900
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01357947
IRS990/TotalFunctionalExpensesGrp/TotalAmt01470847
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03188937
IRS990/TotalLiabilitiesEOYAmt03144892
IRS990/TotalLiabilitiesGrp/BOYAmt03188937
IRS990/TotalLiabilitiesGrp/EOYAmt03144892
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0214842
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0260705
IRS990/TotalOtherCompensationAmt09011
IRS990/TotalProgramServiceExpensesAmt01357947
IRS990/TotalReportableCompFromOrgAmt074072
IRS990/TotalRevenueGrp/ExclusionAmt0281
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01516710
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt070
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03403779
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03405597
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0214842
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0260705
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine104015 S Legacy Way
IRS990/USAddress/City0Nampa
IRS990/USAddress/State0ID
IRS990/USAddress/ZIPCode083686
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0www.legacycharterschool.net
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Bart McKnight
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chairman
ReturnHeader/BusinessOfficerGrp/PhoneNum02084670947
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-08-13
ReturnHeader/Filer/BusinessName/BusinessNameLine10Legacy Public Charter School Inc
ReturnHeader/Filer/BusinessNameControlTxt0LEGA
ReturnHeader/Filer/EIN0272515468
ReturnHeader/Filer/PhoneNum02084670947
ReturnHeader/Filer/USAddress/AddressLine104015 S Legacy Way
ReturnHeader/Filer/USAddress/City0Nampa
ReturnHeader/Filer/USAddress/State0ID
ReturnHeader/Filer/USAddress/ZIPCode083686
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0462469674
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10Quest CPAs PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1011501 Highway 95
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0Payette
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0ID
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode0836610100
ReturnHeader/PreparerPersonGrp/PhoneNum02086421417
ReturnHeader/PreparerPersonGrp/PreparationDt02014-08-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Kurt Folke
ReturnHeader/ReturnTs02014-08-22T13:08:33-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-07-01
ReturnHeader/TaxPeriodEndDt02014-06-30

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.03$3.88$3.15$3.58$3.41$0.16
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.90$3.91$2.99$3.69$3.32$0.37
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.57$3.95$2.62$3.12$2.90$0.22
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.09$3.69$2.40$3.02$2.25$0.77
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.29$3.66$1.63$2.86$2.77$0.10
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.77$3.23$1.54$2.47$2.27$0.20
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.69$3.36$1.34$2.38$2.23$0.16
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.57$3.39$1.18$2.18$1.78$0.40
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.40$3.62$0.78$2.04$1.69$0.35
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.97$3.54$0.43$1.78$1.53$0.25
2015Detailed filing. Detailed filing data is available for this year.$3.67$3.49$0.18$1.78$1.49$0.29
2014Detailed filing. Detailed filing data is available for this year.$3.41$3.14$0.26$1.52$1.47$0.05
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.40$3.19$0.21$1.40
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.76$1.48$0.28$1.16
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.34$0.12$0.22$0.25
Peer Organizations

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