Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid
“Activity classification: charitable expenses. Grantee name: legacy charter school. Grantee address: 1613 w washington street greenville, sc 29601-1037. Amount given: 8,869.”
Siviq Scores
Scores are not available for this record yet.
Balance Sheet
Assets
Down$93,355
Down $119,623 (-56%) from 2014
Net Assets
-$336,409
No earlier filing loaded for comparison.
Liabilities
Up$429,764
Up $74,594 (+21%) from 2014
Revenue And Expenses
Revenue
Up$125,000
Up $125,000 from 2014
Expenses
Up$319,217
Up $177,025 (+124%) from 2014
Net Income
Down-$194,217
Down $52,025 (-37%) from 2014
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2015 to Dec 31, 2015
- Signed
- Nov 8, 2016
- Return Version
- 2015v2.1
- Gross Receipts
- $125,000
Mission and Program Overview
Mission
The mission of legacy advancement is to promote an educational success strategy for underserved students, which combines academic excellence, nutrition, and fitness, leading to college graduation and life success.
To support and promote the establishment of charter schools whose missions are to offer quality, rigorous, and relevant education programs leading to college graduation and to empower underserved urban students the opportunity to become productive, healthy, principled citizens in a changing society.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| DURING 2015, LEGACY ADVANCEMENT PROMOTED THE VISIONS AND MISSIONS OF CAMPBELL YOUNG LEADERS AND LEGACY CHARTER SCHOOL, WHICH ARE CONSISTENT AND SIMILAR IN NATURE TO THE VISION AND MISSION OF LEGACY ADVANCEMENT. PUBLIC CHARITY STATUS FOR LEGACY ADVANCEMENT WAS APPROVED BY THE IRS ON OCTOBER 14, 2015. THE EFFECTIVE DATE OF THE EXEMPTION IS MAY 5, 2014. THE SPECIFIC PURPOSES OF LEGACY ADVANCEMENT ARE TO SUPPORT AND PROMOTE THE ESTABLISHMENT OF CHARTER SCHOOLS WHOSE MISSIONS ARE TO OFFER QUALITY, RIGOROUS, AND RELEVANT EDUCATIONAL PROGRAMS LEADING TO COLLEGE GRADUATION AND TO EMPOWER UNDERSERVED URBAN STUDENTS THE OPPORTUNITY TO BECOME PRODUCTIVE, HEALTHY, PRINCIPLED CITIZENS IN A CHANGING SOCIETY. SOME OF THE ACTIVITIES TO SUPPORT THE MISSION INCLUDE APPLYING FOR GRANTS AND SOLICITING FUNDS FROM THE GENERAL PUBLIC. | $8,869 | $308,857 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| WILLIAM W BROWN | President | PT | $0 | - | - |
| KAREN BROWN | Treasurer | - | $0 | - | - |
| CARY H HALL | Secretary | - | $0 | - | - |
| JONATHAN BROWN | Board Member | - | $0 | - | - |
| FRAZER PAJAK | Board Member | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Legacy Advancement
- EIN
- 46-5664419
- Phone
- 8645580626
- Address
- 104 BROADUS AVE, GREENVILLE, SC 29601
Signing Officer
- Name
- William W Brown
- Title
- President
- Phone
- 8645580626
- Signed
- 2016-11-08
Preparer
- Firm
- Dixon Hughes Goodman Llp
- Address
- 500 RIDGEFIELD COURT, ASHEVILLE, NC 28806
- Preparer
- Amy Bibby
- Phone
- 8282542254
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: insurance expense. Amount: 27,233. Description: office expense. Amount: 16,922. Description: depreciation expense. Amount: 14,873. Description: travel expense. Amount: 270. Description: information technology expense. Amount: 2,507. Description: loss on fixed asset . Amount: 1,800. Total to form 990-ez, line 16: 63,605.”
Form 990-ez, Part II, Line 24 - Other Assets
“Description: other depreciable assets. Beg. Of year amount: 184,277. End of year amount: 57,508.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: accounts payable. Beg. Of year amount: 5,170. End of year amount: 25,657. Description: rsc foundation loan. Beg. Of year amount: 350,000. End of year amount: 404,107.”
Raw XML Appendix152 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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | WILLIAM W BROWN |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 8645580626 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 104 BROADUS AVENUE |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | GREENVILLE |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | SC |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 29601 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 28701 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 35847 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 125000 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -194217 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 4592 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 212978 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 93355 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 8869 |
| IRS990EZ/GrossReceiptsAmt | 0 | 125000 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | -142192 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -336409 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | -142192 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -336409 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 30776 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 16.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 3.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | WILLIAM W BROWN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | KAREN BROWN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | CARY H HALL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | JONATHAN BROWN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | FRAZER PAJAK |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | BOARD MEMBER |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 184277 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 57508 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 63605 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO SUPPORT AND PROMOTE THE ESTABLISHMENT OF CHARTER SCHOOLS WHOSE MISSIONS ARE TO OFFER QUALITY, RIGOROUS, AND RELEVANT EDUCATION PROGRAMS LEADING TO COLLEGE GRADUATION AND TO EMPOWER UNDERSERVED URBAN STUDENTS THE OPPORTUNITY TO BECOME PRODUCTIVE, HEALTHY, PRINCIPLED CITIZENS IN A CHANGING SOCIETY. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | DURING 2015, LEGACY ADVANCEMENT PROMOTED THE VISIONS AND MISSIONS OF CAMPBELL YOUNG LEADERS AND LEGACY CHARTER SCHOOL, WHICH ARE CONSISTENT AND SIMILAR IN NATURE TO THE VISION AND MISSION OF LEGACY ADVANCEMENT. PUBLIC CHARITY STATUS FOR LEGACY ADVANCEMENT WAS APPROVED BY THE IRS ON OCTOBER 14, 2015. THE EFFECTIVE DATE OF THE EXEMPTION IS MAY 5, 2014. THE SPECIFIC PURPOSES OF LEGACY ADVANCEMENT ARE TO SUPPORT AND PROMOTE THE ESTABLISHMENT OF CHARTER SCHOOLS WHOSE MISSIONS ARE TO OFFER QUALITY, RIGOROUS, AND RELEVANT EDUCATIONAL PROGRAMS LEADING TO COLLEGE GRADUATION AND TO EMPOWER UNDERSERVED URBAN STUDENTS THE OPPORTUNITY TO BECOME PRODUCTIVE, HEALTHY, PRINCIPLED CITIZENS IN A CHANGING SOCIETY. SOME OF THE ACTIVITIES TO SUPPORT THE MISSION INCLUDE APPLYING FOR GRANTS AND SOLICITING FUNDS FROM THE GENERAL PUBLIC. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 8869 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 308857 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 211375 |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | SC |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 355170 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 429764 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 319217 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 308857 |
| IRS990EZ/TotalRevenueAmt | 0 | 125000 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 125000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 125000 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 125000 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 125000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 125000 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 125000 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | ACTIVITY CLASSIFICATION: CHARITABLE EXPENSES. GRANTEE NAME: LEGACY CHARTER SCHOOL. GRANTEE ADDRESS: 1613 W WASHINGTON STREET GREENVILLE, SC 29601-1037. AMOUNT GIVEN: 8,869. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: INSURANCE EXPENSE. AMOUNT: 27,233. DESCRIPTION: OFFICE EXPENSE. AMOUNT: 16,922. DESCRIPTION: DEPRECIATION EXPENSE. AMOUNT: 14,873. DESCRIPTION: TRAVEL EXPENSE. AMOUNT: 270. DESCRIPTION: INFORMATION TECHNOLOGY EXPENSE. AMOUNT: 2,507. DESCRIPTION: LOSS ON FIXED ASSET . AMOUNT: 1,800. TOTAL TO FORM 990-EZ, LINE 16: 63,605. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 184,277. END OF YEAR AMOUNT: 57,508. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 5,170. END OF YEAR AMOUNT: 25,657. DESCRIPTION: RSC FOUNDATION LOAN. BEG. OF YEAR AMOUNT: 350,000. END OF YEAR AMOUNT: 404,107. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/BuildTS | 0 | 2017-02-10 21:41:12Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | WILLIAM W BROWN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8645580626 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2016-11-08 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | LEGACY ADVANCEMENT |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | LEGA |
| ReturnHeader/Filer/EIN | 0 | 465664419 |
| ReturnHeader/Filer/PhoneNum | 0 | 8645580626 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 104 BROADUS AVE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | GREENVILLE |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | SC |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 29601 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 560747981 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | DIXON HUGHES GOODMAN LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 500 RIDGEFIELD COURT |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | ASHEVILLE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 28806 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8282542254 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | AMY BIBBY |
| ReturnHeader/ReturnTs | 0 | 2016-11-10T09:23:37-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2015-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2015-12-31 |
| ReturnHeader/TaxYr | 0 | 2015 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $93,355
- Liabilities
- $429,764
- Net assets
- -$336,409
- Revenue
- $125,000
- Expenses
- $319,217
- Net income
- -$194,217