Liabilities / Assets
67th percentile
Higher debt load relative to assets than 67% of similar nonprofits.
Legacy Academy Inc.
990EZ • Fiscal year 2019 • EIN 83-1893292
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.02x
Liabilities / Revenue
62nd percentile
Higher debt load relative to revenue than 62% of similar nonprofits.
Net Margin
62nd percentile
Higher net margin than 62% of similar nonprofits.
Top Officer Pay
78th percentile
Higher top officer pay than 78% of similar nonprofits.
Top officer pay equals 2.4% of source-year revenue.
Asset Growth
83rd percentile
Faster asset growth than 83% of similar nonprofits.
Revenue Growth
96th percentile
Faster revenue growth than 96% of similar nonprofits.
Balance Sheet
Assets
Up$40,737
Up $12,935 (+47%) from 2018
Net Assets
$40,018
No earlier filing loaded for comparison.
Liabilities
Up$719
Up $719 from 2018
Revenue And Expenses
Revenue
Up$130,621
Up $81,647 (+167%) from 2018
Expenses
Up$118,405
Up $96,173 (+433%) from 2018
Net Income
Down$12,216
Down $14,526 (-54%) from 2018
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2019 to Dec 31, 2019
- Signed
- Sep 23, 2020
- Return Version
- 2019v5.0
- Gross Receipts
- $130,621
Mission and Program Overview
Mission
Legacy academy is an educational organization that seeks to partner with parents, students, teachers, and administrators to provide a quality, enriching education rooted in academic excellence, principles of liberty, moral character, and faith. Strong core programming encompasses; math, language arts, science, history, social studies, geography, art and music education. Character development and leadership skills are incorporated in all aspects of learning. Teaching methodologies center on the elements; research, relate and record.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| LEGACY ACADEMY SEEKS TO PARTNER WITH PARENTS TO PROVIDE A FAITH-BASED EDUCATION FOR STUDENTS ROOTED IN PRINCIPLES OF LIBERTY, MORAL CHARACTER, ACADEMIC EXCELLENCE, AND FAITH. | - | $118,405 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| NATRICIA CHRISTOPHERSON | Secretary | PT | $3,200 | - | $3,200 |
| MARCIE FROGLEY | President | FT | $1,200 | - | $1,200 |
| DREW FROGLEY | Vice Preside | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Legacy Academy Inc
- EIN
- 83-1893292
- Address
- 2275 W CLEARVUE CT, EAGLE, ID 83616
Signing Officer
- Name
- Marcie Frogley
- Title
- President
- Phone
- 2084406888
- Signed
- 2020-09-23
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Wadsworth Reese Pllc
- Address
- 6206 N DISCOVERY WAY SUITE 101, BOISE, ID 83713
- Preparer
- Clark Reese CPA
- Phone
- 2083236234
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses advertising 125 travel 611 conferences 1,532 insurance 1,411 curriculm 14,635 classroom supplies 4,192 field trips 546 office exp. And supplies 4,928 reimbursable expenses 2,588 taxes and licenses 117 bank charges 549 meals 382 other expenses 1,225 non-investment depreciation 192 total 33,033”
Form 990-ez, Part I, Line 20
“TRANSFER OF ASSETS 0”
Form 990-ez, Part II, Line 24
“Accounts receivable 390 77 1,344 1,344 less accumulated depreciation 384 576 total 1,350 845”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 0 719”
Form 990-ez, Part III
“Legacy academy is an educational organization that seeks to partner with parents, students, teachers, and administrators to provide a quality, enriching education rooted in academic excellence, principles of liberty, moral character, and faith. Strong core programming encompasses; math, language arts, science, history, social studies, geography, art and music education. Character development and leadership skills are incorporated in all aspects of learning. Teaching methodologies center on the elements; research, relate and record.”
Raw XML Appendix137 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 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | MARCIE FROGLEY |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 2084406888 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 2275 W CLEARVUE CT |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | EAGLE |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | ID |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 83616 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 26452 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 39892 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 18356 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 12216 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 1339 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 27802 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 40737 |
| IRS990EZ/GrossReceiptsAmt | 0 | 130621 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 27802 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 40018 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 27802 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 40018 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 62440 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 40.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 30.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 1200 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 3200 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | MARCIE FROGLEY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | DREW FROGLEY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | NATRICIA CHRISTOPHERSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE PRESIDE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | SECRETARY |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 1350 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 845 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 33033 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | LEGACY ACADEMY IS AN EDUCATIONAL ORGANIZATION THAT SEEKS TO PARTNER WITH PARENTS, STUDENTS, TEACHERS, AND ADMINISTRATORS TO PROVIDE A QUALITY, ENRICHING EDUCATION ROOTED IN ACADEMIC EXCELLENCE, PRINCIPLES OF LIBERTY, MORAL CHARACTER, AND FAITH. STRONG CORE PROGRAMMING ENCOMPASSES; MATH, LANGUAGE ARTS, SCIENCE, HISTORY, SOCIAL STUDIES, GEOGRAPHY, ART AND MUSIC EDUCATION. CHARACTER DEVELOPMENT AND LEADERSHIP SKILLS ARE INCORPORATED IN ALL ASPECTS OF LEARNING. TEACHING METHODOLOGIES CENTER ON THE ELEMENTS; RESEARCH, RELATE AND RECORD. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 112265 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | LEGACY ACADEMY SEEKS TO PARTNER WITH PARENTS TO PROVIDE A FAITH-BASED EDUCATION FOR STUDENTS ROOTED IN PRINCIPLES OF LIBERTY, MORAL CHARACTER, ACADEMIC EXCELLENCE, AND FAITH. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 118405 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 21593 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | true |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 719 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 118405 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 118405 |
| IRS990EZ/TotalRevenueAmt | 0 | 130621 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | LEGACYACADEMYIDAHO.COM |
| IRS990ScheduleA/SchoolInd | 0 | X |
| IRS990ScheduleE/ComplianceWithRevProc7550Ind | 0 | true |
| IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceAthltProgInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEducPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceOtherActyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceSchsInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd | 0 | false |
| IRS990ScheduleE/GovernmentFinancialAidRcvdInd | 0 | false |
| IRS990ScheduleE/GovernmentFinancialAidRvkdInd | 0 | false |
| IRS990ScheduleE/MaintainCpyOfAllSolInd | 0 | true |
| IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd | 0 | true |
| IRS990ScheduleE/MaintainRacialCompRecsInd | 0 | true |
| IRS990ScheduleE/MaintainScholarshipsRecsInd | 0 | true |
| IRS990ScheduleE/NondiscriminatoryPolicyStmtInd | 0 | true |
| IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd | 0 | true |
| IRS990ScheduleE/PolicyStmtInBrochuresEtcInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES ADVERTISING 125 TRAVEL 611 CONFERENCES 1,532 INSURANCE 1,411 CURRICULM 14,635 CLASSROOM SUPPLIES 4,192 FIELD TRIPS 546 OFFICE EXP. AND SUPPLIES 4,928 REIMBURSABLE EXPENSES 2,588 TAXES AND LICENSES 117 BANK CHARGES 549 MEALS 382 OTHER EXPENSES 1,225 NON-INVESTMENT DEPRECIATION 192 TOTAL 33,033 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | TRANSFER OF ASSETS 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ACCOUNTS RECEIVABLE 390 77 1,344 1,344 LESS ACCUMULATED DEPRECIATION 384 576 TOTAL 1,350 845 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 0 719 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | LEGACY ACADEMY IS AN EDUCATIONAL ORGANIZATION THAT SEEKS TO PARTNER WITH PARENTS, STUDENTS, TEACHERS, AND ADMINISTRATORS TO PROVIDE A QUALITY, ENRICHING EDUCATION ROOTED IN ACADEMIC EXCELLENCE, PRINCIPLES OF LIBERTY, MORAL CHARACTER, AND FAITH. STRONG CORE PROGRAMMING ENCOMPASSES; MATH, LANGUAGE ARTS, SCIENCE, HISTORY, SOCIAL STUDIES, GEOGRAPHY, ART AND MUSIC EDUCATION. CHARACTER DEVELOPMENT AND LEADERSHIP SKILLS ARE INCORPORATED IN ALL ASPECTS OF LEARNING. TEACHING METHODOLOGIES CENTER ON THE ELEMENTS; RESEARCH, RELATE AND RECORD. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 20 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III |
| ReturnHeader/BuildTS | 0 | 2021-01-29 14:40:06Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | MARCIE FROGLEY |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2084406888 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2020-09-23 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | LEGACY ACADEMY INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | LEGA |
| ReturnHeader/Filer/EIN | 0 | 831893292 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 2275 W CLEARVUE CT |
| ReturnHeader/Filer/USAddress/CityNm | 0 | EAGLE |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | ID |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 83616 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | 078B8C312CBCA701656D67E317D1A06EA8C95FB4 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | 79CB7A575D4BA43DB34FF316A26C6471B5E604AF |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 24.116.178.170 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2020-10-13 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | CD |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 16:46:37 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 464373109 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | WADSWORTH REESE PLLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 6206 N DISCOVERY WAY SUITE 101 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | BOISE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | ID |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 83713 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2083236234 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2020-10-07 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | CLARK REESE CPA |
| ReturnHeader/ReturnTs | 0 | 2020-10-13T16:46:37-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2019-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2019-12-31 |
| ReturnHeader/TaxYr | 0 | 2019 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $40,737
- Liabilities
- $719
- Net assets
- $40,018
- Revenue
- $130,621
- Expenses
- $118,405
- Net income
- $12,216