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HERITAGE ACADEMY CHARTER SCHOOLS INC: Form 990, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
HERITAGE ACADEMY CHARTER SCHOOLS INC (EIN 74-2823746)
Tax period
2014-09-01 to 2015-08-31
Filed
2016-06-14
IRS object ID
201601669349300345
Schema version
2014v6.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2016-06-14T16:17:36-05:00ReturnTs
Tax Period End2015-08-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN742485161PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CUNNINGHAM SHAVERS CHRISTENSENBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1WRIGHT LLPAddressLine1Txt
CityAUSTIN AVE WACOCityNm
State AbbreviationTXStateAbbreviationCd
ZIP767011693ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2014-09-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN742823746EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SHEKINAH LEARNING INSTITUTEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlSHEKBusinessNameControlTxt
Phone2106590329PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line112470 WOMEN HOLLERING ROADAddressLine1Txt
CitySCHERTZCityNm
State AbbreviationTXStateAbbreviationCd
ZIP78154ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDR DAVID LEEPersonNm
Person TitleSUPERINTENDENTPersonTitleTxt
Phone2106590329PhoneNum
Signature2016-06-15SignatureDt

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonPAUL J CHRISTENSEN CPAPreparerPersonNm
PTINP01370407PTIN
Phone2547523436PhoneNum
Preparation2016-06-14PreparationDt
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-08-17 19:52:53ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerDR DAVID LEEPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line112470 WOMAN HOLLERING ROADAddressLine1Txt
CitySCHERTZCityNm
State AbbreviationTXStateAbbreviationCd
ZIP78154ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$13,615,753GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.SHEKINAH-EDU.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1997FormationYr
Legal Domicile StateTXLegalDomicileStateCd
Activity Or MissionSEE SCHEDULE OActivityOrMissionDesc
Voting Members Governing Body3VotingMembersGoverningBodyCnt
Voting Members Independent3VotingMembersIndependentCnt
Total Employee128TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$11,997,935PYContributionsGrantsAmt
CY Contributions Grants$2,919,400CYContributionsGrantsAmt
PY Program Service Revenue$40,713PYProgramServiceRevenueAmt
CY Program Service Revenue$9,949,134CYProgramServiceRevenueAmt
PY Investment Income$1,030PYInvestmentIncomeAmt
CY Investment Income$1,402CYInvestmentIncomeAmt
PY Other Revenue$143,693PYOtherRevenueAmt
CY Other Revenue$745,817CYOtherRevenueAmt
PY Total Revenue$12,183,371PYTotalRevenueAmt
CY Total Revenue$13,615,753CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$6,039,107PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$5,882,757CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$6,481,795PYOtherExpensesAmt
CY Other Expenses$8,173,001CYOtherExpensesAmt
PY Total Expenses$12,520,902PYTotalExpensesAmt
CY Total Expenses$14,055,758CYTotalExpensesAmt
PY Revenues Less Expenses-$337,531PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$440,005CYRevenuesLessExpensesAmt
Total Assets BOY$15,903,520TotalAssetsBOYAmt
Total Assets EOY$14,409,110TotalAssetsEOYAmt
Total Liabilities BOY$11,403,475TotalLiabilitiesBOYAmt
Total Liabilities EOY$10,497,345TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$4,500,045NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$3,911,765NetAssetsOrFundBalancesEOYAmt
MissionSEE SCHEDULE OMissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$7,858,083ExpenseAmt
DescMORE SPECIFIC TO LINE 1 ABOVE, THE PROGRAM SERVES TO EMPOWER EACH STUDENT TO MAXIMIZE THEIR POTENTIAL BY DEVELOPING TALENT, ACHIEVING ACADEMIC EXCELLENCE, AND MODELING MORAL AND ETHICAL BEHAVIOR TO BECOME A VALUABLE ASSET AND CONTRIBUTING CITIZEN OF SOCIETY.Desc
Total Program Service Expenses$7,858,083TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Temp Or Permanent EndowmentsfalseTempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingYes (true)SchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With Officer EntfalseBusinessRlnWithOfficerEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document38IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee128EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members3GoverningBodyVotingMembersCnt
Independent Voting Member3IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersYes (true)MembersOrStockholdersInd
Election Of Board MembersYes (true)ElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcfalseRegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonDR DAVID LEEPersonNm
Phone2106590329PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line112470 WOMAN HOLLERING ROADAddressLine1Txt
Address Line212470 WOMAN HOLLERING ROADAddressLine2Txt
CitySCHERTZCityNm
State AbbreviationTXStateAbbreviationCd
ZIP78154ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (7 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
CHERYL A WASHINGTON
CEO/SUPERINT40.00Yes (X)Yes (X)$78,165$0$22,547
DR DAVID LEE
CEO/SUPERINT40.00Yes (X)Yes (X)$20,834$0$1,339
A D'WAYNE JERNIGAN
PRESIDENT40.00Yes (X)Yes (X)$0$0$0
DR HELEN THOMPSON
VICE-PRESIDE1.00Yes (X)$0$0$0
DINA ACEVEDO
SECRETARY1.00Yes (X)$0$0$0
RHEATHA MILLER
MEMBER1.00Yes (X)$0$0$0
DR LUIS GONZALES
MEMBER1.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$98,999TotalReportableCompFromOrgAmt
Total Other Compensation$23,886TotalOtherCompensationAmt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (3 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
EDUCATIONAL SOFTWARE SOLUTIONS OF TX
305 ROLLING GREENAUSTINTX78734BACK OFFICE$325,291
TURNING TECH LLC
255 WEST FEDERAL STREETYOUNGSTOWNOH44503LEARNING TECH$197,000
MEDINAS JANITORIAL SERVICE AND SUPPL
PO BOX 28167SAN ANTONIOTX78228JANITORIAL$113,782
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K3CntrctRcvdGreaterThan100KCnt
Government Grants$2,919,400GovernmentGrantsAmt
Total Contributions$2,919,400TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
STATE / LOCAL PER PUPIL$9,920,701$9,920,701
FOOD SERVICE$28,433$28,433
FieldValueIRS element (for citing)
Total Program Service Revenue$9,949,134TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,402TotalRevenueColumnAmt
Related Or Exempt Func Income$1,402RelatedOrExemptFuncIncomeAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$655,791RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$655,791RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$655,791TotalRevenueColumnAmt
Related Or Exempt Func Income$655,791RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$90,026FundraisingGrossIncomeAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$90,026TotalRevenueColumnAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$13,615,753TotalRevenueColumnAmt
Related Or Exempt Func Income$10,606,327RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$92,366TotalAmt
Program Services$51,725ProgramServicesAmt
Management And General$40,641ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$5,249,320TotalAmt
Program Services$2,939,619ProgramServicesAmt
Management And General$2,309,701ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$164,841TotalAmt
Program Services$92,311ProgramServicesAmt
Management And General$72,530ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$166,749TotalAmt
Program Services$93,379ProgramServicesAmt
Management And General$73,370ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$209,481TotalAmt
Program Services$117,309ProgramServicesAmt
Management And General$92,172ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$165,491TotalAmt
Management And General$165,491ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$43,682TotalAmt
Management And General$43,682ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$2,720,037TotalAmt
Program Services$1,523,221ProgramServicesAmt
Management And General$1,196,816ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$2,483,768TotalAmt
Program Services$1,390,910ProgramServicesAmt
Management And General$1,092,858ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$80,371TotalAmt
Program Services$45,008ProgramServicesAmt
Management And General$35,363ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$411,663TotalAmt
Program Services$230,531ProgramServicesAmt
Management And General$181,132ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$490,385TotalAmt
Program Services$274,616ProgramServicesAmt
Management And General$215,769ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$188,864TotalAmt
Program Services$105,764ProgramServicesAmt
Management And General$83,100ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
SUPPLIES$760,538$425,901$334,637
MISC OPERATING COSTS$590,513$330,687$259,826
TEXTBOOKS & TESTING MATER$236,354$236,354
DUES & SUBSCRIPTIONS$1,335$748$587

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$14,055,758TotalAmt
Program Services$7,858,083ProgramServicesAmt
Management And General$6,197,675ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$760,542BOYAmt
EOY$397,163EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$737,544BOYAmt
EOY$40,950EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$9,162BOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$320,848BOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$15,810,779LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$2,112,856LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$14,070,088BOYAmt
EOY$13,697,923EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$5,336BOYAmt
EOY$273,074EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$15,903,520BOYAmt
EOY$14,409,110EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$599,430BOYAmt
EOY$366,393EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$2,486BOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$10,801,559BOYAmt
EOY$10,130,952EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$11,403,475BOYAmt
EOY$10,497,345EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$939,723BOYAmt
EOY$886,954EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$3,560,322BOYAmt
EOY$3,024,811EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$4,500,045BOYAmt
EOY$3,911,765EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$15,903,520BOYAmt
EOY$14,409,110EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$440,005ReconcilationRevenueExpnssAmt
Prior Period Adjustments-$148,275PriorPeriodAdjustmentsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredYes (true)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (true)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$2,064,361InvestmentCostOrOtherBasisAmt
Book Value$2,064,361BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$12,129,682InvestmentCostOrOtherBasisAmt
Depreciation$1,128,852DepreciationAmt
Book Value$11,000,830BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$1,616,736InvestmentCostOrOtherBasisAmt
Depreciation$984,004DepreciationAmt
Book Value$632,732BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$13,697,923TotalBookValueLandBuildingsAmt
Total Rev Etc Audited Fincl Stmt$13,615,753TotalRevEtcAuditedFinclStmtAmt
Revenue Subtotal$13,615,753RevenueSubtotalAmt
Total Revenue Per Form990$13,615,753TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$14,055,758TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal$14,055,758ExpensesSubtotalAmt
Total Expenses Per Form990$14,055,758TotalExpensesPerForm990Amt

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (true)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (true)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (true)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (true)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (true)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (true)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (true)MaintainCpyOfAllSolInd
Discriminate Race Stdnts RghtsfalseDiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss PlcyfalseDiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm FcultyfalseDiscriminateRaceEmplmFcultyInd
Discriminate Race SchsfalseDiscriminateRaceSchsInd
Discriminate Race Educ PlcyfalseDiscriminateRaceEducPlcyInd
Discriminate Race Use Of FcltsfalseDiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt ProgfalseDiscriminateRaceAthltProgInd
Discriminate Race Other ActyfalseDiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (true)GovernmentFinancialAidRcvdInd
Government Financial Aid RvkdfalseGovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (true)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, LINE 3THE SCHOOL FOLLOWS A RACIALLY NONDISCRIMINATORY POLICY WITHIN IRS GUIDELINES BY CURRENTLY ENROLLING A MAJORITY OF STUDENTS FROM RACIAL MINORITY GROUPS. FOR THE THREE HIGH SCHOOL CAMPUSES AS REQUIRED BY THEIR CAREER AND TECHNOLOGY AND EDUCATION PROGRAMS, THE RACIALLY NONDISCRIMINATORY POLICY IS PUBLISHED.
SCHEDULE E, LINE 6THE INSTITUTE DOES RECEIVE FINANCIAL AID FROM GOVRNMENTAL AGENCIES THROUGH THE TEXAS EDUCATION AGENCY.

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1CAMPUS INITIATIEvent1Nm
Gross Receipts Event1$90,026GrossReceiptsEvent1Amt
Gross Revenue Event1$90,026GrossRevenueEvent1Amt
Gross Receipts Total$90,026GrossReceiptsTotalAmt
Gross Revenue Total Events$90,026GrossRevenueTotalEventsAmt
Net Income Summary$90,026NetIncomeSummaryAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PAGE 1, ITEM CRADIANCE ACADEMY SHEKINAH RADIANCE
FORM 990, PAGE 6, PART VI, LINE 6THE ORGANIZATION IS STRUCTURED TO HAVE MEMBERS WHO ELECT ANNUALLY THE BOARD OF DIRECTORS. SINCE INCEPTION TO DATE, THE ORGANIZATION HAS HAD A SINGLE MEMBER AND THE SAME PERSON AS THE SINGLE MEMBER.
FORM 990, PAGE 6, PART VI, LINE 7ATHE BOARD OF DIRECTORS FILLS VACANCIES TO SERVE UNTIL THE UNEXPIRED TERM, THAT IS, UNTIL THE NEXT ANNUAL MEETING OF THE MEMBER(S). HISTORICALLY, THE BOARD HAS "APPROVED" BY VOTE THE MEMBER'S ELECTION OF DIRECTORS AND THE MEMBER HAS APPROVED THE DIRECTOR(S) THAT WERE ELECTED BY THE BOARD TO FILL VACANCIES IN THE INTERIM. IN PRACTICE, THE BOARD HAS IN EFFECT ELECTED ITS DIRECTORS. THE BOARD, NOT THE MEMBERS, DETERMINES THE NUBMER OF DIRECTORS, BUT NOT LESS THAN THREE.
FORM 990, PAGE 6, PART VI, LINE 11BA COPY OF FORM 990 IS PROVIDED TO THE CURRENT BOARD MEMBERS PRIOR TO FILING. THEY ARE NOT ASKED TO REVIEW THE 990, ONLY TO ACKNOWLEDGE RECEIPT. RELEVANT MEMBERS OF THE ENTITY'S MANAGEMENT REVIEW THE 990 BEFORE SUBMISSION TO THE IRS.
FORM 990, PAGE 6, PART VI, LINE 15ATHE INSTITUTE OPERATES TWO CHARTER SCHOOL DISTRICTS. THE CEO OF THE INSTITUTE SERVES AS SUPERINTENDENT OF BOTH DISTRICTS. COMPENSATION WAS REVIEWD BY THE INSTITUTE'S DIRECTORS, WHO ARE INDEPENDENT OF THE SUPERINTENDENT, AND APPROVED BY THEM IN DELIBERATION AND A VOTE IN WHICH THE SUPERINTENDENT IS NOT PRESENT OR PARTICIPATES. SALARIES OF SUPERINTENDENTS OF PUBLIC SCHOOLS (INCLUDING CHARTER SCHOOLS) AND EXECUTIVE DIRECTORS OF SIMILAR NON-PROFIT ORGANIZATIONS ARE CONSIDERED. THE DELIBERATION AND VOTE IS NOTED IN THE MINUTES OF THE DIRECTORS.
FORM 990, PAGE 6, PART VI, LINE 19THE CHARTER SCHOOL PROVIDES GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS UPON REQUEST.
FORM 990, PART IX, LINE 11G1,523,221 1,196,816 0

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1LEGACY EDUCATIONAL FOUNDATIONBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line112470 WOMAN HOLLERING ROADAddressLine1Txt
CitySCHERTZCityNm
State AbbreviationTXStateAbbreviationCd
ZIP78154ZIPCd
FieldValueIRS element (for citing)
EIN204348700EIN
Primary ActivitiesSCHOLARSHIPrimaryActivitiesTxt
Legal Domicile StateTXLegalDomicileStateCd
Exempt Code Section501C3ExemptCodeSectionTxt
Public Charity Status11APublicCharityStatusTxt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1NABusinessNameLine1Txt
FieldValueIRS element (for citing)
Controlled OrganizationfalseControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgfalseGiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgfalseGiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesfalseSharingOfFacilitiesInd
Paid Employees SharingfalsePaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd

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