2019-06-17T20:35:21-05:00 2018-07-31 946214841 ARMANINO LLP 15950 N DALLAS PKWY 600 DALLAS TX 75248 990 2017-08-01 752805332 LEGACY CHRISTIAN ACADEMY INC LEGA 4696331330 5000 ACADEMY DRIVE FRISCO TX 75034 KELLY M GILLETTE CHIEF FINANCIAL OFFICER 4696331330 2019-06-12 1 KELLY M GILLETTE P00548846 9726611843 2019-06-12 38.111.205.16 2019-06-12 16:49:18 PD P CFB12D28FA9D7111034E10A11B4AB4A9484824EA F5FB8C0FDA240AA2D0EC4EBDAD9DEA85C7008270 2017 2019-02-21 02:37:17Z GENE POTTS 5000 ACADEMY DRIVE FRISCO TX 75034 16968421 0 X WWW.LEGACYCA.COM X 1999 TX EDUCATION PK-12 - LEGACY CHRISTIAN ACADEMY IS DEDICATED TO THE DEVELOPMENT OF ACADEMIC EXCELLENCE AND THE SPIRITUAL GROWTH OF ITS STUDENTS. 9 9 216 201 0 0 612643 693641 13008049 16043810 59714 164906 202537 -24898 13882943 16877459 0 1292502 0 0 8229347 9146175 0 0 404675 5398842 6615567 13628189 17054244 254754 -176785 49251747 51515128 22514918 25298950 26736829 26216178 EDUCATION PK-12 - LEGACY CHRISTIAN ACADEMY IS DEDICATED TO THE DEVELOPMENT OF ACADEMIC EXCELLENCE AND THE SPIRITUAL GROWTH OF ITS STUDENTS. 0 0 14323172 1292502 16050489 LEGACY CHRISTIAN ACADEMY IS DEDICATED TO THE DEVELOPMENT OF ACADEMIC EXCELLENCE AND THE SPIRITUAL GROWTH OF ITS 965 STUDENTS. 14323172 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 27 0 1 216 1 0 0 0 0 0 1 1 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 TX X RANEY PAYNE 4636331330 5000 ACADEMY DRIVE FRISCO TX 75034 ROBERT COPPLE PRESIDENT/CHAIRMAN 5.00 X X 0 0 0 LISA LIBERIS SECRETARY 5.00 X X 0 0 0 DOROTHY SMITH TREASURER 5.00 X 0 0 0 BRETT BINGHAM DIRECTOR 5.00 X 0 0 0 BRAD BRENNAMAN DIRECTOR 5.00 X 0 0 0 GEORGE CRUMLEY DIRECTOR 5.00 X 0 0 0 PATRICK DROESCH DIRECTOR 5.00 X 0 0 0 TOM STOCKTON DIRECTOR 5.00 X 0 0 0 JOE WIDNER DIRECTOR (START 11/17) 5.00 X 0 0 0 WILLIAM D MCGEE HEAD OF SCHOOL 40.00 X 235143 0 25154 RANEY PAYNE CHIEF FINANCIAL OFFICER 40.00 X 113897 0 10300 ANDREW EMBRY DEAN OF STUDENTS 40.00 X 115358 0 11176 KEVIN MOSLEY UPPER SCHOOL PRINCIPAL 40.00 X 103345 0 10794 GLENN DIBLEY MIDDLE SCHOOL PRINCIPAL 40.00 X 102961 0 3667 ADAM HOUSLEY CHIEF OPERATIONS OFFICER 40.00 X 102961 0 10780 773665 0 71871 6 0 1 0 INSPERITY (PEO) 19001 CRESCENT SPRINGS DR KINGWOOD TX 77339 ACCOUNTING 356535 ENTERPRISES JU 2637 PEACH DRIVE LITTLE ELM TX 75068 JANITORIAL AND MAINTENANCE 298600 PRECISION LANDSCAPE MANAGEMENT 2222 VALWOOD PARKWAY DALLAS TX 75234 LANDSCAPING 154110 SAGE DINING SERVICES INC 1402 YORK ROAD LUTHERVILLE MD 21093 CATERING 145638 ADVANCED CONNECTIONS INC 2015 MCKENZIE SUITE 120 CARROLLTON TX 75006 INFORMATION TECHNOLOGY 119029 6 151295 542346 693641 TUITION 611600 15690906 15690906 EXTRA-CURRICULAR 611600 352904 352904 16043810 164906 164906 3150 0 3150 3150 3150 56235 151295 90962 -34727 -34727 OTHER REVENUE 900099 6679 6679 6679 16877459 16050489 0 133329 1292502 1292502 7145449 6181252 773455 190742 126590 105708 16726 4156 1199509 1057148 106257 36104 674627 567894 93585 13148 31000 31000 19426 19426 438503 382912 55591 38068 38068 413858 97813 244389 71656 287662 176104 106883 4675 1059579 1032529 24028 3022 16545 16545 124083 85961 33071 5051 628072 628072 1605661 1569855 31283 4523 157751 134350 23014 387 EDUCATION & CURRICULUM 939062 939062 SPECIAL EVENTS 603145 531934 71211 STUDENT SERVICES 253152 168148 85004 17054244 14323172 2326397 404675 10685137 769992 13768726 427582 83225 50294 12192 286698 427672 46171304 9342642 37401679 36828662 25016 0 49251747 51515128 220033 815307 7770308 8659634 14524577 15621869 0 202140 22514918 25298950 X 26242756 25649270 494073 566908 26736829 26216178 49251747 51515128 -176785 -343866 0 X X 0 1 X 1 0 X 2657781 2657781 39681653 7272886 32408767 2158503 714040 1444463 1673367 1355716 317651 36828662 CAPITAL LEASE OBLIGATIONS 202140 202140 X 15675919 -1292502 -1292502 16968421 -90962 -90962 16877459 15852704 90962 90962 15761742 1292502 1292502 17054244 PART X, LINE 2: THE SCHOOL IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND THEREFORE NO PROVISION HAS BEEN MADE FOR FEDERAL INCOME TAXES IN THE ACCOMPANYING FINANCIAL STATEMENTS. IN ADDITION, THE SCHOOL HAS BEEN CLASSIFIED AS AN ENTITY THAT IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE INTERNAL REVENUE CODE. THERE WAS NO SIGNIFICANT UNRELATED BUSINESS INCOME FOR THE YEAR ENDED JULY 31, 2018. PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID -1,292,502. PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES -90,962. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 90,962. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 1,292,502. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 ALL SCHOOL ADVERTISING INCLUDES A STATEMENT OF ITS NONDISCRIMINATORY POLICY. THIS INCLUDES THE SCHOOL WEBSITE, STUDENT APPLICATIONS, EMPLOYEE APPLICATIONS AND THE FRISCO STYLE MAGAZINE WHICH IS ISSUED FOR FREE TO ALL FRISCO RESIDENTS. LEGACY NIGHT 180265 136050 44215 14400 41030 15944 5603 TOMENY GOLF 27265 15245 12020 2683 5340 3025 2937 207530 151295 56235 2683 19740 44055 15944 8540 90962 -34727 1 FINANCIAL AID 64 1292502 FMV DIRECT CREDIT TO STUDENT ACCOUNT PART I, LINE 2: THROUGH THE TUITION ASSISTANCE PROGRAM, LEGACY STRIVES TO PROVIDE NEED-BASED TUITION ASSISTANCE FOR MISSION-ALIGNED, QUALIFYING FAMILIES. THIS INCLUDES FAMILIES WHOSE CHILDREN ARE ALREADY ATTENDING LEGACY, AS WELL AS NEW FAMILIES THAT ARE INTERESTED IN ATTENDING LEGACY IN GRADES KINDERGARTEN THROUGH TWELVE. THE AWARD OF FINANCIAL ASSISTANCE DEPENDS PRIMARILY UPON FINANCIAL NEED, BUT ALSO TAKES INTO CONSIDERATION OTHER RELEVANT CIRCUMSTANCES, SUCH AS STUDENTS' PRIOR ACADEMIC ACHIEVEMENTS, COMMUNITY AND EXTRACURRICULAR INVOLVEMENT. APPLICATION AND QUALIFICATION PROCESS: LEGACY CHRISTIAN ACADEMY WILL ENSURE THAT THE APPLICATION, QUALIFICATION AND SELECTION PROCESS FOR RECEIVING TUITION ASSISTANCE IS CONDUCTED WITH THE UTMOST INTEGRITY, IS BASED PRIMARILY UPON A FAMILY'S NEED AND NOT A STUDENT'S MERIT. TO APPLY FOR FINANCIAL ASSISTANCE UNDER THE TUITION ASSISTANCE PROGRAM, THE PARENTS OR GUARDIANS OF THE PROSPECTIVE STUDENT(S) MUST: - COMPLETE THE APPLICATION PROCESS FOR LEGACY CHRISTIAN ACADEMY - PROVIDE A LETTER DESCRIBING THE CIRCUMSTANCES, FINANCIAL AND OTHERWISE, WHICH LED TO THE NEED FOR FINANCIAL ASSISTANCE, HOW LONG THE NEED FOR FINANCIAL ASSISTANCE MAY LAST, AND HOW YOU PLAN TO SUPPORT YOUR CHILD'S TUITION IN THE FUTURE AS THEY CONTINUE AT LEGACY. EVALUATION/ACCEPTANCE CRITERIA AND PROCESS FACTS CONDUCTS AN INDEPENDENT REVIEW, VERIFICATION, AND ANALYSIS OF APPLICANT'S FINANCIAL CONDITION AND NEED, USING ITS OWN GUIDELINES AND CRITERIA AND THEN PROVIDES LEGACY WITH A WRITTEN RECOMMENDATION ON WHETHER AN APPLICANT IS QUALIFIED TO RECEIVE FINANCIAL ASSISTANCE. ONCE FACTS RECOMMENDS THAT AN APPLICANT QUALIFIES FOR FINANCIAL ASSISTANCE, LEGACY WILL CONSIDER THE SELECTION OF AN APPLICANT TO RECEIVE FINANCIAL ASSISTANCE BASED UPON NEED AS WELL AS THE AVAILABILITY OF FUNDING. THE SELECTION PROCESS IS CONDUCTED BY AN ANONYMOUS COMMITTEE APPOINTED BY THE LEGACY BOARD OF DIRECTORS. AS REFERENCED ABOVE, FINANCIAL ASSISTANCE APPLICATIONS ARE APPROVED AND VALUED BASED ON SEVERAL SELF-DEFINED FACTORS, INCLUDING: - THE PARTICULAR CIRCUMSTANCES, FINANCIAL AND OTHERWISE, WHICH LED TO THE NEED FOR ASSISTANCE. - LEGACY'S NEEDS WITH THE GRADES TARGETED FOR ENROLLMENT. - THE PLAN IN PLACE BY APPLICANTS TO EVENTUALLY PAY A PORTION OF THE TUITION. - THE APPLICANT'S PRIOR ACADEMIC ACHIEVEMENTS AND COMMUNITY/EXTRACURRICULAR INVOLVEMENT. COMPLIANCE WITH TAPPS GUIDELINES FURTHER, THE TUITION ASSISTANCE PROGRAM SHALL FULLY COMPLY WITH THE APPLICABLE SECTIONS, AS AMENDED FROM TIME TO TIME, OF THE TEXAS ASSOCIATION OF PRIVATE AND PAROCHIAL SCHOOLS ("TAPPS") MEMBER GUIDELINES, INCLUDING THOSE RELATED TO ATHLETICS AND OTHER EXTRACURRICULAR ACTIVITIES. WHETHER FINANCIAL ASSISTANCE IS PROVIDED TO A STUDENT'S FAMILY (A) BY LEGACY THROUGH THE TUITION ASSISTANCE PROGRAM, AS DESCRIBED ABOVE, OR (B) BY A NON-LEGACY SOURCE, SUCH AS OTHER LEGACY FAMILIES OR THIRD PARTIES (AN "OUTSIDE SOURCE"), THE TAPPS GUIDELINES PROVIDE THAT LEGACY PERSONNEL, LEGACY VOLUNTEERS, PARENTS AND/OR OTHER THIRD PARTIES CANNOT TARGET STUDENTS OR PROSPECTIVE STUDENTS FOR THEIR ATHLETIC ABILITY. OFFERING OR PROVIDING FINANCIAL ASSISTANCE TO STUDENTS BECAUSE OF THEIR ABILITY TO PARTICIPATE IN ATHLETICS OR OTHER TAPPS SANCTIONED EXTRACURRICULAR ACTIVITIES CONSTITUTES UNAUTHORIZED INDUCEMENT OF STUDENTS AND IS A CLEAR VIOLATION OF TAPPS GUIDELINES, WHICH COULD RESULT IN PENALTIES NOT ONLY FOR THE AFFECTED STUDENT BUT ALSO LEGACY. ALTHOUGH A STUDENT OR PROSPECTIVE STUDENT RECEIVING FINANCIAL ASSISTANCE MAY PARTICIPATE IN TAPPS ATHLETICS OR EXTRACURRICULAR ACTIVITIES, STUDENTS CANNOT BE TARGETED FOR RECEIVING FINANCIAL ASSISTANCE BECAUSE OF THEIR POTENTIAL INVOLVEMENT IN SUCH ACTIVITIES AND/OR EVENTS. AS A RESULT, BEFORE FINANCIAL ASSISTANCE CAN BE GRANTED TO AN APPLICANT UNDER THE TUITION ASSISTANCE PROGRAM OR FROM AN OUTSIDE SOURCE, COMPLIANCE WITH TAPPS GUIDELINES IS A MANDATORY CONSIDERATION AND FACTOR. FOR FURTHER EXPLANATION AND CLARIFICATION OF WHAT CONSTITUTES PERMISSIBLE AND NON-PERMISSIBLE ACTIONS AND ASSISTANCE UNDER THE TAPPS GUIDELINES, PLEASE REFER TO THE TAPPS GUIDELINES, INCLUDING SECTION 87 SOLICITATION OF STUDENTS, SECTION 131 ATHLETIC CODES, AND SECTION 133 DUTIES OF ATHLETIC DISTRICT EXECUTIVE COMMITTEE. X X X 0 0 0 0 0 0 0 0 0 WILLIAM D MCGEE HEAD OF SCHOOL 213878 0 21265 0 0 0 6590 0 18564 0 260297 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE TREASURER OF THE BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS MONITORS ITS CONFLICT OF INTEREST POLICY BY REVIEWING THE TRANSACTIONS AND ACTIONS OF THE ORGANIZATION'S MANAGEMENT TEAM WITH PRUDENT FREQUENCY DURING ITS MEETINGS. SPECIFIC LIMITATIONS EXIST CONCERNING BOTH THE BOARD AND MANAGEMENT'S ABILITY TO INITIATE BUSINESS THAT MAY BE CONSIDERED UNLAWFUL, IMMORAL, UNETHICAL OR IN VIOLATION OF THE MISSION STATEMENT OF THE ORGANIZATION. THESE LIMITATIONS ARE CAREFULLY AND DUTIFULLY TRANSMITTED TO ALL BOARD MEMBERS AND THE ORGANIZATION'S HEADMASTER. IT IS THE RESPONSIBILITY OF THE ORGANIZATION'S BOARD THAT IT ENFORCE UPON ITSELF AND THE ORGANIZATION, ITS POLICY CONCERNING CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS CONSISTENTLY REVIEWS FINANCIAL DATA TO ENSURE MANAGEMENT DECISIONS WITH RESPECT TO EMPLOYMENT, COMPENSATION, AND BENEFITS ARE NOT MATERIALLY DEVIANT FROM COMPARABLE GEOGRAPHIC MARKETS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST AT THE BUSINESS OFFICE. FORM 990, PART XII, LINE 2C: THE BOARD OF DIRECTORS SERVE AS A COMMITTEE RESPONSIBLE FOR OVERSIGHT OF THE AUDIT.