Civic Intelligence

Legacy Christian Academy

990 • Fiscal year 2017 • EIN 41-1868252

Jul 01, 2016 to Jun 30, 2017 • Filed on Nov 06, 2017

3037 NW Bunker Lake BlvdAndover, MN 55304

(763) 427-4595

Siviq Scores

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

Liabilities / Assets

94th percentile

1.20x

Higher debt load relative to assets than 94% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

74th percentile

0.38x

Higher debt load relative to revenue than 74% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

40th percentile

0.1%

Higher net margin than 40% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

70th percentile

$102,929

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 2.3% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

71st percentile

12%

Faster asset growth than 71% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

50th percentile

4.5%

Faster revenue growth than 50% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$1,408,893

Up $149,418 (+12%) from 2016

Net Assets

Up

-$277,495

Up $3,681 (+1.3%) from 2016

Liabilities

Up

$1,686,388

Up $145,737 (+9.5%) from 2016

Revenue

Up

$4,398,475

Up $190,200 (+4.5%) from 2016

Expenses

Up

$4,394,794

Up $123,428 (+2.9%) from 2016

Net Income

Up

$3,681

Up $66,772 (+106%) from 2016

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0-$10MAssets 2011: $2,113,408Liabilities 2011: $1,276,993Net Assets 2011: $836,4152011Assets 2012: $2,296,706Liabilities 2012: $1,281,467Net Assets 2012: $1,015,2392012Assets 2013: $2,399,850Liabilities 2013: $1,816,785Net Assets 2013: $583,0652013Assets 2014: $2,291,651Liabilities 2014: $1,740,817Net Assets 2014: $550,8342014Assets 2015: $1,603,669Liabilities 2015: $1,821,753Net Assets 2015: -$218,0842015Assets 2016: $1,259,475Liabilities 2016: $1,540,651Net Assets 2016: -$281,1762016Assets 2017: $1,408,893Liabilities 2017: $1,686,388Net Assets 2017: -$277,4952017Assets 2018: $1,475,110Liabilities 2018: $1,735,573Net Assets 2018: -$260,4632018Assets 2019: $4,769,760Liabilities 2019: $2,113,672Net Assets 2019: $2,656,0882019Assets 2020: $6,267,245Liabilities 2020: $2,539,050Net Assets 2020: $3,728,1952020Assets 2021: $9,094,766Liabilities 2021: $2,678,427Net Assets 2021: $6,416,3392021Assets 2022: $11,285,035Liabilities 2022: $2,952,938Net Assets 2022: $8,332,0972022Assets 2023: $22,632,163Liabilities 2023: $10,632,854Net Assets 2023: $11,999,3092023Assets 2024: $25,678,444Liabilities 2024: $10,685,965Net Assets 2024: $14,992,4792024

Highlighted filing

2017

Assets$1,408,893
Liabilities$1,686,388
Net Assets-$277,495

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2011: $4,534,525Expenses 2011: $4,084,236Net Income 2011: $450,2892011Expenses 2012: $4,419,1762012Expenses 2013: $4,046,1872013Revenue 2014: $3,900,919Expenses 2014: $3,933,148Net Income 2014: -$32,2292014Revenue 2015: $3,882,422Expenses 2015: $4,651,340Net Income 2015: -$768,9182015Revenue 2016: $4,208,275Expenses 2016: $4,271,366Net Income 2016: -$63,0912016Revenue 2017: $4,398,475Expenses 2017: $4,394,794Net Income 2017: $3,6812017Revenue 2018: $4,585,749Expenses 2018: $4,568,717Net Income 2018: $17,0322018Revenue 2019: $8,273,923Expenses 2019: $5,406,850Net Income 2019: $2,867,0732019Revenue 2020: $6,647,163Expenses 2020: $5,575,056Net Income 2020: $1,072,1072020Revenue 2021: $9,846,552Expenses 2021: $7,158,408Net Income 2021: $2,688,1442021Revenue 2022: $10,599,224Expenses 2022: $8,663,309Net Income 2022: $1,935,9152022Revenue 2023: $12,923,934Expenses 2023: $9,256,976Net Income 2023: $3,666,9582023Revenue 2024: $13,433,597Expenses 2024: $10,457,295Net Income 2024: $2,976,3022024

Highlighted filing

2017

Revenue$4,398,475
Expenses$4,394,794
Net Income$3,681
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 6, 2017
Return Version
2016v3.0
Gross Receipts
$4,562,786
Mission and Program Overview

Mission

Legacy christian academy is dedicated to equipping students for effective christian living by providing them with biblical truth integrated into their spiritual, academic, social and physical development.

Religious education for preschool through grade twelve.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$884,281$1,019,253▲ $134,972
Accounts Receivable$253,026$223,772▼ $29,254
Investments Other Securities$66,218$75,950▲ $9,732
Land, Buildings, and Equipment, Net$29,030$55,217▲ $26,187
Prepaid Expenses and Deferred Charges$22,351$32,286▲ $9,935
Inventories for Sale or Use$4,568$2,415▼ $2,153
Cash and Non-Interest-Bearing Accounts$1--
Total Assets$1,259,475$1,408,893▲ $149,418
Liabilities
Deferred Revenue$1,350,006$1,463,159▲ $113,153
Other Liabilities$137,576$162,554▲ $24,978
Accounts Payable and Accrued Expenses$22,786$52,397▲ $29,611
Mortgage Notes Payable Secured by Investment Property$30,283$8,278▼ $22,005
Total Liabilities$1,540,651$1,686,388▲ $145,737
Net Assets / Fund Balance
Temporarily Rstr Net Assets$75,984$75,635▼ $349
Unrestricted Net Assets$-357,160$-353,130▲ $4,030
Total Net Assets Fund Balance$-281,176$-277,495▲ $3,681
Total Liabilities and Net Assets / Fund Balance$1,259,475$1,408,893▲ $149,418

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$55,217$411,034$466,251
Other Securities$75,950--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jake MulvihillHeaad of SchoolFT$102,929$102,929
Joel NydamPrincipalFT$102,525$102,525
Steve LarsonMember, Chair of the Board-$1,342$1,342

Board Members and Trustees

NameTitle
Jason SharpMember, Vice President
Ben MinksMember, Dirctor
John DelichMember, Secretary
Jim JohnsonMember, Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$426,773
Program Service Revenue
$3,871,705
Investment Income
$488
Other Revenue
$99,509
All Other Contributions
$107,208
Change in Net Assets
$3,681
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,051,551
Other Expenses$945,955
Grants and Similar Amounts Paid$397,288
Total Fundraising Expense$139,812
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Comp Disqual Persons$1,652,180$455,094$108,392$2,215,666
Other Employee Benefits$312,846$104,066$22,984$439,896
Grants to Domestic Individuals$397,288--$397,288
Occupancy-$231,493-$231,493
Current Officers, Directors, Trustees, and Key Employees$1,942$205,454-$207,396
Payroll Taxes$128,745$51,412$8,436$188,593
Office Expenses$77,486$109,366-$186,852
All Other Expenses$98,114$4,471-$102,585
Fees for Services Management$9,449$61,756-$71,205
Other Expenses$64,473$80,350-$64,473
Depreciation Depletion-$17,689-$17,689
Total Functional Expenses$2,860,630$1,394,352$139,812$4,394,794
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$76,108
Fundraising Gross Income$10,238
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$129,825-$34,121-
Golf Scramble$20,338$10,238$9,911$327
Total Events$329,803$10,238$76,108$-65,870
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Salaries and Benefits$162,554
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
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, Part VI, Section B, Line 11B

The 990 is first reviewed by the director of operations and then by the superintendent, it is then sent to a representative from the advisory council for final review.

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

The officers are required to annually disclose interests that could give rise to conflicts of interest.

Form 990, Part VI, Section C, Line 19

Documents are made available upon request via mail or e-mail.

Filing and Contact Details

Filer

Filer Name
Legacy Christian Academy
EIN
41-1868252
Phone
7634274595
Address
3037 NW BUNKER LAKE BLVD, ANDOVER, MN 55304

Signing Officer

Name
Jake Mulvihill
Title
Head of School
Phone
7634274595
Signed
2017-11-06

Organization Details

Principal Officer
Jake Mulvihill
Formed
1997
Legal Domicile
Mn
Voting Board Members
5
Independent Board Members
5
Employees
144
Volunteers
150

Preparer

Firm
Froehling Anderson Ltd
Address
400 HIGHWAY 169 SOUTH - SUITE 400, MINNEAPOLIS, MN 55426
Preparer
Brandon Rosenthal CPA
Phone
9529793100
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The academy has adopted the recognition requirements for uncertain income tax positions as required by the fasb asc 740-10 (formerly known as fasb interpretation no. 48, accounting for uncertainty in income taxes), with no cumulative effect adjustment required. Income tax benefits are recognized for income tax positions taken or expected to be taken in a tax return, only when it is determined that the income tax position will more-likely-than-not be sustained upon examination by taxing authorities. The academy has analyzed tax positions taken for the filing with the internal revenue service and state juristiction where it operates. The academy believes the income tax filing will be sustained upon examination and does not anticipate any adjustments that would result in a material adverse effect on the academy's financial condition, results of operations, or cash flows. Accordingly, the academy has not recorded any reserves, or related accruals for interest and penalties for uncertain income tax positions at june 30, 2017. The academy is subject to routine audits by taxing juristictions; however, there are currently no audits in progress for any open tax periods. The academy's open audit periods are the years ended june 30, 2014, 2015, 2016

Raw XML AppendixShowing 400 of 433 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/AccountsPayableAccrExpnssGrp/BOYAmt022786
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt052397
IRS990/AccountsReceivableGrp/BOYAmt0253026
IRS990/AccountsReceivableGrp/EOYAmt0223772
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0RELIGIOUS EDUCATION FOR PRESCHOOL THROUGH GRADE TWELVE.
IRS990/AllOtherContributionsAmt0107208
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt04471
IRS990/AllOtherExpensesGrp/ProgramServicesAmt098114
IRS990/AllOtherExpensesGrp/TotalAmt0102585
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0TERI PIERRO BUSINESS OFFICE
IRS990/BooksInCareOfDetail/PhoneNum07634274595
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt03037 BUNKER LAKE BLVD NW
IRS990/BooksInCareOfDetail/USAddress/CityNm0ANDOVER
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd055304
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt01
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0205454
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt01942
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0207396
IRS990/CompDisqualPersonsGrp/FundraisingAmt0108392
IRS990/CompDisqualPersonsGrp/ManagementAndGeneralAmt0455094
IRS990/CompDisqualPersonsGrp/ProgramServicesAmt01652180
IRS990/CompDisqualPersonsGrp/TotalAmt02215666
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContriRptFundraisingEventAmt0319565
IRS990/CostOfGoodsSoldAmt088203
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0426773
IRS990/CYGrantsAndSimilarPaidAmt0397288
IRS990/CYInvestmentIncomeAmt0488
IRS990/CYOtherExpensesAmt0945955
IRS990/CYOtherRevenueAmt099509
IRS990/CYProgramServiceRevenueAmt03871705
IRS990/CYRevenuesLessExpensesAmt03681
IRS990/CYSalariesCompEmpBnftPaidAmt03051551
IRS990/CYTotalExpensesAmt04394794
IRS990/CYTotalFundraisingExpenseAmt0139812
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt04398475
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt01350006
IRS990/DeferredRevenueGrp/EOYAmt01463159
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt017689
IRS990/DepreciationDepletionGrp/TotalAmt017689
IRS990/Desc0RELIGIOUS EDUCATION FOR 473 STUDENTS IN PRESCHOOL THROUGH GRADE TWELVE FOR THE 2015-2016 SCHOOL YEAR.WROTE A NEW 5 YEAR STRATEGIC PLANLAUNCHED NEW WINTERIM EXPERIENCE FOR OUR 7TH-12TH GRADERS
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt0144
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt02860630
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt061756
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt09449
IRS990/FeesForServicesManagementGrp/TotalAmt071205
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt03.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt13.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt23.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt33.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt43.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt540.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt640.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
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/PersonNm0STEVE LARSON
IRS990/Form990PartVIISectionAGrp/PersonNm1JASON SHARP
IRS990/Form990PartVIISectionAGrp/PersonNm2JIM JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm3JOHN DELICH
IRS990/Form990PartVIISectionAGrp/PersonNm4BEN MINKS
IRS990/Form990PartVIISectionAGrp/PersonNm5JAKE MULVIHILL
IRS990/Form990PartVIISectionAGrp/PersonNm6JOEL NYDAM
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt01342
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt5102929
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt6102525
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0MEMBER, CHAIR OF THE BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt1MEMBER, VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2MEMBER, TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3MEMBER, SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBER, DIRCTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5HEAAD OF SCHOOL
IRS990/Form990PartVIISectionAGrp/TitleTxt6PRINCIPAL
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01997
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt0319565
IRS990/FundraisingDirectExpensesAmt076108
IRS990/FundraisingGrossIncomeAmt010238
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantAmt0397288
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0397288
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0397288
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt04562786
IRS990/GrossSalesOfInventoryAmt0145178
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InventoriesForSaleOrUseGrp/BOYAmt04568
IRS990/InventoriesForSaleOrUseGrp/EOYAmt02415
IRS990/InvestmentIncomeGrp/ExclusionAmt0488
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0488
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt066218
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt075950
IRS990/IRPDocumentCnt050
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0411034
IRS990/LandBldgEquipBasisNetGrp/BOYAmt029030
IRS990/LandBldgEquipBasisNetGrp/EOYAmt055217
IRS990/LandBldgEquipCostOrOtherBssAmt0466251
IRS990/LegalDomicileStateCd0MN
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0LEGACY CHRISTIAN ACADEMY IS DEDICATED TO EQUIPPING STUDENTS FOR EFFECTIVE CHRISTIAN LIVING BY PROVIDING THEM WITH BIBLICAL TRUTH INTEGRATED INTO THEIR SPIRITUAL, ACADEMIC, SOCIAL AND PHYSICAL DEVELOPMENT.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt030283
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt08278
IRS990/NetAssetsOrFundBalancesBOYAmt0-281176
IRS990/NetAssetsOrFundBalancesEOYAmt0-277495
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-65870
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-65870
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt056975
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt056975
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0231493
IRS990/OccupancyGrp/TotalAmt0231493
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0109366
IRS990/OfficeExpensesGrp/ProgramServicesAmt077486
IRS990/OfficeExpensesGrp/TotalAmt0186852
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt022984
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0104066
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0312846
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0439896
IRS990/OtherExpensesGrp/Desc0EQUIPMENT RENTAL & MAIN
IRS990/OtherExpensesGrp/Desc1STUDENT ACTIVITIES
IRS990/OtherExpensesGrp/Desc2UTILITIES
IRS990/OtherExpensesGrp/Desc3ATHLETICS & SPORTS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt073201
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt180350
IRS990/OtherExpensesGrp/ProgramServicesAmt034053
IRS990/OtherExpensesGrp/ProgramServicesAmt184054
IRS990/OtherExpensesGrp/ProgramServicesAmt264473
IRS990/OtherExpensesGrp/TotalAmt0107254
IRS990/OtherExpensesGrp/TotalAmt184054
IRS990/OtherExpensesGrp/TotalAmt280350
IRS990/OtherExpensesGrp/TotalAmt364473
IRS990/OtherLiabilitiesGrp/BOYAmt0137576
IRS990/OtherLiabilitiesGrp/EOYAmt0162554
IRS990/OtherRevenueMiscGrp/BusinessCd0611710
IRS990/OtherRevenueMiscGrp/Desc0EXTENDED CARE, SPORTS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0108404
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0108404
IRS990/OtherRevenueTotalAmt0108404
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt08436
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt051412
IRS990/PayrollTaxesGrp/ProgramServicesAmt0128745
IRS990/PayrollTaxesGrp/TotalAmt0188593
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt022351
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt032286
IRS990/PrincipalOfficerNm0JAKE MULVIHILL
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0TUITION
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03871705
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03871705
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0371000
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0395432
IRS990/PYInvestmentIncomeAmt0705
IRS990/PYOtherExpensesAmt01035681
IRS990/PYOtherRevenueAmt0154352
IRS990/PYProgramServiceRevenueAmt03682218
IRS990/PYRevenuesLessExpensesAmt0-63091
IRS990/PYSalariesCompEmpBnftPaidAmt02840253
IRS990/PYTotalExpensesAmt04271366
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04208275
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/ReconcilationRevenueExpnssAmt03681
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt04037084
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0884281
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01019253
IRS990ScheduleA/SchoolInd0X
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/BookValueAmt055217
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0411034
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0466251
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0162554
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED SALARIES AND BENEFITS
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt075950
IRS990ScheduleD/OtherSecuritiesGrp/Desc0RACHEL FAITH DELICH SCHOLARSHIP
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ACADEMY HAS ADOPTED THE RECOGNITION REQUIREMENTS FOR UNCERTAIN INCOME TAX POSITIONS AS REQUIRED BY THE FASB ASC 740-10 (FORMERLY KNOWN AS FASB INTERPRETATION NO. 48, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES), WITH NO CUMULATIVE EFFECT ADJUSTMENT REQUIRED. INCOME TAX BENEFITS ARE RECOGNIZED FOR INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, ONLY WHEN IT IS DETERMINED THAT THE INCOME TAX POSITION WILL MORE-LIKELY-THAN-NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE ACADEMY HAS ANALYZED TAX POSITIONS TAKEN FOR THE FILING WITH THE INTERNAL REVENUE SERVICE AND STATE JURISTICTION WHERE IT OPERATES. THE ACADEMY BELIEVES THE INCOME TAX FILING WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE EFFECT ON THE ACADEMY'S FINANCIAL CONDITION, RESULTS OF OPERATIONS, OR CASH FLOWS. ACCORDINGLY, THE ACADEMY HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS AT JUNE 30, 2017. THE ACADEMY IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISTICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS IN PROGRESS FOR ANY OPEN TAX PERIODS. THE ACADEMY'S OPEN AUDIT PERIODS ARE THE YEARS ENDED JUNE 30, 2014, 2015, 2016
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt055217
IRS990ScheduleD/TotalBookValueSecuritiesAmt075950
IRS990ScheduleD/TotalLiabilityAmt0162554
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0LEGACY CHRISTIAN ACADEMY INCLUDES ITS NONDISCRIMINATORY POLICY ON ITS WEBSITE AS WELL AS ON ALL OF ITS ADMISSIONS DOCUMENTATION.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1LEGACY CHRISTIAN ACADEMY RECEIVES TITLE FUNDS THROUGH THE PUBLIC SCHOOL DISTRICT FOR TEACHER SEMINARS AND TEXTBOOKS. LEGACY CHRISTIAN ACADEMY ALSO RECEIVES SERVICES THROUGH THE LOCAL SCHOOL DISTRICT FOR NURSING SERVICES AND COUNSELING SERVICES.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0319565
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0129825
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt010100
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt0179640
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt076108
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GALA
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0GOLF SCRAMBLE
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0129825
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt020338
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt0179640
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0329803
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt010238
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt010238
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-65870
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt032076
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt076108
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt034121
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt09911
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0397288
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0FINANCIAL AID
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt0163
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 IS FIRST REVIEWED BY THE DIRECTOR OF OPERATIONS AND THEN BY THE SUPERINTENDENT, IT IS THEN SENT TO A REPRESENTATIVE FROM THE ADVISORY COUNCIL FOR FINAL REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE OFFICERS ARE REQUIRED TO ANNUALLY DISCLOSE INTERESTS THAT COULD GIVE RISE TO CONFLICTS OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DOCUMENTS ARE MADE AVAILABLE UPON REQUEST VIA MAIL OR E-MAIL.
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 C, LINE 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt075984
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt075635
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01259475
IRS990/TotalAssetsEOYAmt01408893
IRS990/TotalAssetsGrp/BOYAmt01259475
IRS990/TotalAssetsGrp/EOYAmt01408893
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0426773
IRS990/TotalEmployeeCnt0144
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0139812
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01394352
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02860630
IRS990/TotalFunctionalExpensesGrp/TotalAmt04394794
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01540651
IRS990/TotalLiabilitiesEOYAmt01686388
IRS990/TotalLiabilitiesGrp/BOYAmt01540651
IRS990/TotalLiabilitiesGrp/EOYAmt01686388
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-281176
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-277495
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt02860630
IRS990/TotalProgramServiceRevenueAmt03871705
IRS990/TotalReportableCompFromOrgAmt0206796
IRS990/TotalRevenueGrp/ExclusionAmt0-65382
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt04037084
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt04398475
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0150
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01259475
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01408893
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-357160
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-353130
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03037 NW BUNKER LAKE BLVD
IRS990/USAddress/CityNm0ANDOVER
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd055304
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.LCAMN.ORG
IRS990/WhistleblowerPolicyInd01

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$25.7$10.7$15.0$13.4$10.5$2.98
2023Detailed filing. Detailed filing data is available for this year.$22.6$10.6$12.0$12.9$9.26$3.67
2022Detailed filing. Detailed filing data is available for this year.$11.3$2.95$8.33$10.6$8.66$1.94
2021Detailed filing. Detailed filing data is available for this year.$9.09$2.68$6.42$9.85$7.16$2.69
2020Detailed filing. Detailed filing data is available for this year.$6.27$2.54$3.73$6.65$5.58$1.07
2019Detailed filing. Detailed filing data is available for this year.$4.77$2.11$2.66$8.27$5.41$2.87
2018Detailed filing. Detailed filing data is available for this year.$1.48$1.74$0.26$4.59$4.57$0.02
2017Detailed filing. Detailed filing data is available for this year.$1.41$1.69$0.28$4.40$4.39$0.00
2016Detailed filing. Detailed filing data is available for this year.$1.26$1.54$0.28$4.21$4.27$0.06
2015Detailed filing. Detailed filing data is available for this year.$1.60$1.82$0.22$3.88$4.65$0.77
2014Detailed filing. Detailed filing data is available for this year.$2.29$1.74$0.55$3.90$3.93$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.40$1.82$0.58$4.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.30$1.28$1.02$4.42
2011Summary only. Only limited summary data is available for this year.$2.11$1.28$0.84$4.53$4.08$0.45