Civic Intelligence

Legacy Christian School

990 • Fiscal year 2019 • EIN 81-3840358

Jul 01, 2018 to Jun 30, 2019 • Filed on Nov 08, 2019

2772 Simons Dr NWSugarcreek, OH 44681

(330) 852-4322

Siviq Scores

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

Liabilities / Assets

35th percentile

0.02x

Higher debt load relative to assets than 35% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

35th percentile

0.04x

Higher debt load relative to revenue than 35% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

91st percentile

51%

Higher net margin than 91% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

36th percentile

$0

Higher top officer pay than 36% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

91st percentile

48%

Faster asset growth than 91% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

85th percentile

41%

Faster revenue growth than 85% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$2,391,422

Up $779,892 (+48%) from 2018

Net Assets

Up

$2,334,227

Up $753,693 (+48%) from 2018

Liabilities

Up

$57,195

Up $26,199 (+85%) from 2018

Revenue

Up

$1,492,417

Up $433,051 (+41%) from 2018

Expenses

Down

$738,722

Down $10,177 (-1.4%) from 2018

Net Income

Up

$753,695

Up $443,228 (+143%) from 2018

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2016: $1,269,484Liabilities 2016: $240Net Assets 2016: $1,269,2442016Assets 2017: $1,252,531Liabilities 2017: $240Net Assets 2017: $1,252,2912017Assets 2018: $1,611,530Liabilities 2018: $30,996Net Assets 2018: $1,580,5342018Assets 2019: $2,391,422Liabilities 2019: $57,195Net Assets 2019: $2,334,2272019Assets 2020: $3,433,726Liabilities 2020: $270,615Net Assets 2020: $3,163,1112020Assets 2021: $3,571,023Liabilities 2021: $103,709Net Assets 2021: $3,467,3142021Assets 2022: $3,562,670Liabilities 2022: $11,910Net Assets 2022: $3,550,7602022Assets 2023: $3,518,594Liabilities 2023: $17,594Net Assets 2023: $3,501,0002023Assets 2024: $3,583,305Liabilities 2024: $6,298Net Assets 2024: $3,577,0072024Assets 2025: $3,265,661Liabilities 2025: $5,703Net Assets 2025: $3,259,9582025

Highlighted filing

2019

Assets$2,391,422
Liabilities$57,195
Net Assets$2,334,227

Operations Trend

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

$2.0M$1.0M$0-$1.0MRevenue 2016: $1,270,094Expenses 2016: $4,986Net Income 2016: $1,265,1082016Revenue 2017: $0Expenses 2017: $11,967Net Income 2017: -$11,9672017Revenue 2018: $1,059,366Expenses 2018: $748,899Net Income 2018: $310,4672018Revenue 2019: $1,492,417Expenses 2019: $738,722Net Income 2019: $753,6952019Revenue 2020: $1,614,216Expenses 2020: $785,377Net Income 2020: $828,8392020Revenue 2021: $1,241,290Expenses 2021: $936,760Net Income 2021: $304,5302021Revenue 2022: $1,326,976Expenses 2022: $1,243,530Net Income 2022: $83,4462022Revenue 2023: $1,334,379Expenses 2023: $1,368,049Net Income 2023: -$33,6702023Revenue 2024: $1,728,482Expenses 2024: $1,652,586Net Income 2024: $75,8962024Revenue 2025: $1,475,966Expenses 2025: $1,782,182Net Income 2025: -$306,2162025

Highlighted filing

2019

Revenue$1,492,417
Expenses$738,722
Net Income$753,695
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Nov 8, 2019
Return Version
2018v3.1
Gross Receipts
$1,615,082
Mission and Program Overview

Mission

Provide a school for the education of students in the community

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,186,452$1,313,350▲ $126,898
Cash and Non-Interest-Bearing Accounts$394,088$1,066,607▲ $672,519
Loans From Officers Directors-$45,000-
Accounts Receivable$30,990$11,465▼ $19,525
Total Assets$1,611,530$2,391,422▲ $779,892
Liabilities
Accounts Payable and Accrued Expenses$28,867$11,903▼ $16,964
Other Liabilities$2,129$292▼ $1,837
Total Liabilities$30,996$57,195▲ $26,199
Net Assets / Fund Balance
Unrestricted Net Assets$1,580,534$2,274,685▲ $694,151
Temporarily Rstr Net Assets-$59,542-
Total Net Assets Fund Balance$1,580,534$2,334,227▲ $753,693
Total Liabilities and Net Assets / Fund Balance$1,611,530$2,391,422▲ $779,892

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,079,037$72,722$1,151,759
Other Land Buildings$139,050$42,450$181,500
Land$70,000-$70,000
Equipment$25,263$6,474$31,737
Compensation and Service Providers

Board Members and Trustees

NameTitle
Freddie MillerDirector, Chairman
Kenric KratzerDirector, Vice Chairman
Galen RaberDirector
Joe MillerDirector
Judson SchrockDirector
Lamar TroyerDirector
Mark HochstetlerDirector
Steve YoderDirector
Kevin WeaverDirector, Treasurer
Larry TroyerDirector, Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,110,861
Program Service Revenue
$319,315
Investment Income
$5,727
Other Revenue
$56,514
All Other Contributions
$1,082,934
Change in Net Assets
$753,695

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
Yes

Noncash Contributions

Contribution TypeReported AmountValuation Method
Clothing and Household Goods$83,791Annual Sales Revenue
Total Noncash Contributions$83,791-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$443,414
Other Expenses$295,308
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$393,983$0$0$393,983
Occupancy$69,357$0$0$69,357
Depreciation Depletion$63,896$0$0$63,896
Travel$42,098$0$0$42,098
Payroll Taxes$34,076$0$0$34,076
Office Expenses$29,053$0$0$29,053
Other Employee Benefits$15,355$0$0$15,355
Fees for Services Other$8,943$2,749$0$11,692
Other Expenses$6,385$0$0$6,385
Conferences and Meetings$2,796$0$0$2,796
Total Functional Expenses$735,973$2,749$0$738,722
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$157,397
Fundraising Direct Expenses$122,365
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Auction$111,718$83,791$94,064$-10,273
Pizza$54,607$54,607-$54,607
Total Events$185,324$157,397$122,365$35,032
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-$45,000-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Ohio Income Tax$43
Ohio Local Tax$0
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
Filing and Contact Details

Filer

Filer Name
Legacy Christian School
EIN
81-3840358
Phone
3308524322
Address
2772 SIMONS DR NW, SUGARCREEK, OH 44681

Signing Officer

Name
Larry Troyer
Title
Treasurer
Phone
3308524322
Signed
2019-11-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Larry Troyer
Formed
2016
Legal Domicile
Oh
Voting Board Members
10
Independent Board Members
10
Employees
24
Volunteers
160

Preparer

Firm
Tax Matters Inc
Address
122 WEST MAIN STREET PO BOX 165, SUGARCREEK, OH 44681
Preparer
Jonathan Rider
Phone
3308527075
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The form 990 was made available in paper form to each board member and reviewed at a regularly scheduled board meeting.

Pt VI, Line 19

The governing documents and the form 990 will be available upon request by the public by contacting any board member

Pt VI, Line 12C

Each financial decision made by the board of directors is carefully considered to determine that no conflict of interest is exists

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IRS990/PYRevenuesLessExpensesAmt0310467
IRS990/PYSalariesCompEmpBnftPaidAmt0422780
IRS990/PYTotalExpensesAmt0748899
IRS990/PYTotalRevenueAmt01059366
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IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0753695
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt020731
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0319315
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt01079037
IRS990ScheduleD/BuildingsGrp/DepreciationAmt072722
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01151759
IRS990ScheduleD/EquipmentGrp/BookValueAmt025263
IRS990ScheduleD/EquipmentGrp/DepreciationAmt06474
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt031737
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt0249
IRS990ScheduleD/LandGrp/BookValueAmt070000
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt070000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0139050
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt042450
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0181500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt043
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt10
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OHIO INCOME TAX
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1OHIO LOCAL TAX
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01313350
IRS990ScheduleD/TotalLiabilityAmt0292
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL PUBLISHED A NOTICE IN A LOCAL NEWSPAPER OF GENERAL CIRCULATION THAT SERVES ALL RACIAL SEGMENTS OF THE COMMUNITY. NONE
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Line 3
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt027927
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt027927
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0122365
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0PIZZA
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0AUCTION
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt023354
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt01158
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt024512
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt054607
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt0111718
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt018999
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0185324
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt054607
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt083791
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt018999
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0157397
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt035032
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt03789
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt097853
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt094064
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt02
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt045000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0PURCHASE OF BUS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt045000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0FREDDIE MILLER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0DIRECTOR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0false
IRS990ScheduleL/TotalBalanceDueAmt045000
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/ClothingAndHouseholdGoodsGrp/MethodOfDeterminingRevenuesTxt0ANNUAL SALES REVENUE
IRS990ScheduleM/ClothingAndHouseholdGoodsGrp/NonCashCheckboxInd0X
IRS990ScheduleM/ClothingAndHouseholdGoodsGrp/NoncashContributionsRptF990Amt083791
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0true
IRS990ScheduleM/SupplementalInformationDetail/ExplanationTxt0A Professional Auction Company facilitates the sale of noncash items at an auction.
IRS990ScheduleM/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt I Line 32b
IRS990ScheduleM/ThirdPartiesUsedInd0true
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 WAS MADE AVAILABLE IN PAPER FORM TO EACH BOARD MEMBER AND REVIEWED AT A REGULARLY SCHEDULED BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE GOVERNING DOCUMENTS AND THE FORM 990 WILL BE AVAILABLE UPON REQUEST BY THE PUBLIC BY CONTACTING ANY BOARD MEMBER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH FINANCIAL DECISION MADE BY THE BOARD OF DIRECTORS IS CAREFULLY CONSIDERED TO DETERMINE THAT NO CONFLICT OF INTEREST IS EXISTS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 12c
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt059542
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01611530
IRS990/TotalAssetsEOYAmt02391422
IRS990/TotalAssetsGrp/BOYAmt01611530
IRS990/TotalAssetsGrp/EOYAmt02391422
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01110861
IRS990/TotalEmployeeCnt024
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt02749

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