Civic Intelligence

Legacy Academy Inc.

990EZ • Fiscal year 2020 • EIN 83-1893292

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 15, 2021

Organization ProfileLEGACYACADEMYIDAHO.COM
2275 W Clearvue CTEagle, ID 83616

(208) 440-6888

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.01x

Higher debt load relative to assets than 63% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

59th percentile

0.00x

Higher debt load relative to revenue than 59% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

54th percentile

7.9%

Higher net margin than 54% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

77th percentile

$2,400

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 1.3% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

75th percentile

35%

Faster asset growth than 75% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

86th percentile

39%

Faster revenue growth than 86% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets63rd percentile

Assets

Up

$55,191

Up $14,454 (+35%) from 2019

Net Assets

Up

$54,408

Up $14,390 (+36%) from 2019

Liabilities

Up

$783

Up $64 (+8.9%) from 2019

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin54th percentile

Revenue

Up

$182,091

Up $51,470 (+39%) from 2019

Expenses

Up

$167,701

Up $49,296 (+42%) from 2019

Net Income

Up

$14,390

Up $2,174 (+18%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth75th percentile

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

$800K$600K$400K$200K$0Assets 2018: $27,802Liabilities 2018: $02018Assets 2019: $40,737Liabilities 2019: $719Net Assets 2019: $40,0182019Assets 2020: $55,191Liabilities 2020: $783Net Assets 2020: $54,4082020Assets 2021: $103,073Liabilities 2021: $1,490Net Assets 2021: $101,5832021Assets 2022: $556,247Liabilities 2022: $2,250Net Assets 2022: $553,9972022Assets 2023: $500,569Liabilities 2023: $4,869Net Assets 2023: $495,7002023Assets 2024: $645,509Liabilities 2024: $26,117Net Assets 2024: $619,3922024

Highlighted filing

2020

Assets$55,191
Liabilities$783
Net Assets$54,408
Open 2020 Filing

Operations Trend

Revenue Growth86th percentile

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

$1.0M$500K$0-$500KRevenue 2018: $48,974Expenses 2018: $22,232Net Income 2018: $26,7422018Revenue 2019: $130,621Expenses 2019: $118,405Net Income 2019: $12,2162019Revenue 2020: $182,091Expenses 2020: $167,701Net Income 2020: $14,3902020Revenue 2021: $283,664Expenses 2021: $237,210Net Income 2021: $46,4542021Revenue 2022: $820,811Expenses 2022: $368,397Net Income 2022: $452,4142022Revenue 2023: $511,324Expenses 2023: $569,621Net Income 2023: -$58,2972023Revenue 2024: $885,940Expenses 2024: $762,248Net Income 2024: $123,6922024

Highlighted filing

2020

Revenue$182,091
Expenses$167,701
Net Income$14,390
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 15, 2021
Return Version
2020v4.0
Gross Receipts
$182,091
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

DescriptionGrantsExpenses
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.-$165,301
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MARCIE FROGLEYPresidentFT$2,400-$2,400
NATRICIA CHRISTOPHERSONSecretaryPT$2,400-$2,400
DREW FROGLEYVice 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
2021-11-15
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 8

“Other revenue 1,291 total 1,291”

Form 990-ez, Part I, Line 16

“Expenses advertising 116 conferences 50 insurance 1,310 curriculm 2,214 classroom supplies 1,348 office exp. And supplies 884 taxes and licenses 116 bank charges 277 meals 63 other expenses 535 utilities 315 non-investment depreciation 192 total 7,420”

Form 990-ez, Part I, Line 20

“TRANSFER OF ASSETS 0”

Form 990-ez, Part II, Line 24

“Accounts receivable 77 6,842 1,344 1,344 less accumulated depreciation 576 768 total 845 7,418”

Form 990-ez, Part II, Line 26

“Accounts payable and accrued expenses 719 783”

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 Appendix139 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
CompensationExplanation/CompensationExplanationGrp/PersonNm0MARCIE FROGLEY
CompensationExplanation/CompensationExplanationGrp/PersonNm1DREW FROGLEY
CompensationExplanation/CompensationExplanationGrp/PersonNm2NATRICIA CHRISTOPHERSON
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0MARCIE FROGLEY
IRS990EZ/BooksInCareOfDetail/PhoneNum02084406888
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02275 W CLEARVUE CT
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0EAGLE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0ID
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd083616
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IRS990EZ/ContributionsGiftsGrantsEtcAmt066965
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IRS990EZ/ExcessOrDeficitForYearAmt014390
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt02259
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IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
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IRS990EZ/Form990TotalAssetsGrp/EOYAmt055191
IRS990EZ/GrossReceiptsAmt0182091
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt040018
IRS990EZ/NetAssetsOrFundBalancesEOYAmt054408
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt040018
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt054408
IRS990EZ/OccupancyRentUtltsAndMaintAmt0127126
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt230.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt22400
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MARCIE FROGLEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1DREW FROGLEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2NATRICIA CHRISTOPHERSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0845
IRS990EZ/OtherAssetsTotalDetail/EOYAmt07418
IRS990EZ/OtherExpensesTotalAmt07420
IRS990EZ/OtherRevenueTotalAmt01291
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0LEGACY 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/ProgramServiceRevenueAmt0113835
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0LEGACY 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/ProgramServiceExpensesAmt0165301
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt030896
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0true
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0719
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0783
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0167701
IRS990EZ/TotalProgramServiceExpensesAmt0165301
IRS990EZ/TotalRevenueAmt0182091
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0LEGACYACADEMYIDAHO.COM
IRS990ScheduleA/SchoolInd0X
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OTHER REVENUE 1,291 TOTAL 1,291
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES ADVERTISING 116 CONFERENCES 50 INSURANCE 1,310 CURRICULM 2,214 CLASSROOM SUPPLIES 1,348 OFFICE EXP. AND SUPPLIES 884 TAXES AND LICENSES 116 BANK CHARGES 277 MEALS 63 OTHER EXPENSES 535 UTILITIES 315 NON-INVESTMENT DEPRECIATION 192 TOTAL 7,420
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TRANSFER OF ASSETS 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS RECEIVABLE 77 6,842 1,344 1,344 LESS ACCUMULATED DEPRECIATION 576 768 TOTAL 845 7,418
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ACCOUNTS PAYABLE AND ACCRUED EXPENSES 719 783
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5LEGACY 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/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MARCIE FROGLEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02084406888
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LEGACY ACADEMY INC
ReturnHeader/Filer/BusinessNameControlTxt0LEGA
ReturnHeader/Filer/EIN0831893292
ReturnHeader/Filer/USAddress/AddressLine1Txt02275 W CLEARVUE CT
ReturnHeader/Filer/USAddress/CityNm0EAGLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0ID
ReturnHeader/Filer/USAddress/ZIPCd083616
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0464373109
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WADSWORTH REESE PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06206 N DISCOVERY WAY SUITE 101
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BOISE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0ID
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd083713
ReturnHeader/PreparerPersonGrp/PhoneNum02083236234
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CLARK REESE CPA
ReturnHeader/ReturnTs02021-11-11T14:46:56-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MARCIE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0FROGLEY
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$55,191
Liabilities
$783
Net assets
$54,408
Revenue
$182,091
Expenses
$167,701
Net income
$14,390
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.46$0.26$6.19$8.86$7.62$1.24
2023Detailed filing. Detailed filing data is available for this year.$5.01$0.05$4.96$5.11$5.70$0.58
2022Detailed filing. Detailed filing data is available for this year.$5.56$0.02$5.54$8.21$3.68$4.52
2021Detailed filing. Detailed filing data is available for this year.$1.03$0.01$1.02$2.84$2.37$0.46
2020Detailed filing. Detailed filing data is available for this year.$0.55$0.01$0.54$1.82$1.68$0.14
2019Detailed filing. Detailed filing data is available for this year.$0.41$0.01$0.40$1.31$1.18$0.12
2018Summary only. Only limited summary data is available for this year.$0.28$0.00$0.49$0.22$0.27