LEGACY CHARTER SCHOOL: Form 990, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
LEGACY CHARTER SCHOOL (EIN 20-1946624)
Tax period
2014-07-01 to 2015-06-30
Filed
2016-01-27
IRS object ID
201610279349300971
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)
Return2016-01-27T15:37:59-06:00ReturnTs
Tax Period End2015-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN362938874PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1OSTROW REISIN BERK & ABRAMS LTDBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1455 N CITYFRONT PLAZA DR SUITE 1500AddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60611ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2014-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN201946624EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LEGACY CHARTER SCHOOL CO DENTONSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlLEGABusinessNameControlTxt
Phone3128768000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1233 SOUTH WACKER DRIVE NO 5900AddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60606ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonANDREW G TOBINPersonNm
Person TitleTREASURER/DIRECTOR OF FINANCEPersonTitleTxt
Phone3128762862PhoneNum
Signature2016-01-22SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJAMES G QUAIDPreparerPersonNm
PTINP00641738PTIN
Phone3126707444PhoneNum
Preparation2016-01-22PreparationDt
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-04-25 22:37:26ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Principal OfficerERROL L STONEPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1233 SOUTH WACKER DRIVE NO 5900AddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60606ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$5,217,609GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.LEGACYCHARTERSCHOOL.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2003FormationYr
Legal Domicile StateILLegalDomicileStateCd
Activity Or MissionTHE SCHOOL'S MISSION IS TO CREATE AN OUTSTANDING CENTER FOR TEACHING AND LEARNING FOR CHILDREN AND THEIR FAMILIES THAT WILL RECOGNIZE AND NURTURE THE FULL POTENTIAL OF EVERY CHILD, PROVIDE A FOUNDATION FOR A COLLEGE EDUCATION AND EDUCATE STUDENTS TO BE CREATIVE AND CRITICAL THINKERS AND RESPONSIBLE CITIZENS IN SCHOOL, AT HOME AND IN THE BROADER COMMUNITY.ActivityOrMissionDesc
Voting Members Governing Body12VotingMembersGoverningBodyCnt
Voting Members Independent10VotingMembersIndependentCnt
Total Employee76TotalEmployeeCnt
Total Volunteers20TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$5,509,030PYContributionsGrantsAmt
CY Contributions Grants$5,112,073CYContributionsGrantsAmt
PY Program Service Revenue$62,036PYProgramServiceRevenueAmt
CY Program Service Revenue$98,816CYProgramServiceRevenueAmt
PY Investment Income$13,043PYInvestmentIncomeAmt
CY Investment Income$6,684CYInvestmentIncomeAmt
PY Other Revenue$2,898PYOtherRevenueAmt
CY Other Revenue$36CYOtherRevenueAmt
PY Total Revenue$5,587,007PYTotalRevenueAmt
CY Total Revenue$5,217,609CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$3,749,150PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$3,941,831CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$15,735PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$782,764PYOtherExpensesAmt
CY Other Expenses$1,048,212CYOtherExpensesAmt
PY Total Expenses$4,547,649PYTotalExpensesAmt
CY Total Expenses$4,990,043CYTotalExpensesAmt
PY Revenues Less Expenses$1,039,358PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$227,566CYRevenuesLessExpensesAmt
Total Assets BOY$9,962,642TotalAssetsBOYAmt
Total Assets EOY$10,277,910TotalAssetsEOYAmt
Total Liabilities BOY$31,213TotalLiabilitiesBOYAmt
Total Liabilities EOY$118,915TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$9,931,429NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$10,158,995NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE SCHOOL'S MISSION IS TO CREATE AN OUTSTANDING CENTER FOR TEACHING AND LEARNING FOR CHILDREN AND THEIR FAMILIES THAT WILL RECOGNIZE AND NURTURE THE FULL POTENTIAL OF EVERY CHILD, PROVIDE A FOUNDATION FOR A COLLEGE EDUCATION AND EDUCATE STUDENTS TO BE CREATIVE AND CRITICAL THINKERS AND RESPONSIBLE CITIZENS IN SCHOOL, AT HOME AND IN THE BROADER COMMUNITY.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$4,957,513ExpenseAmt
Revenue$98,816RevenueAmt
DescTHE SCHOOL'S MISSION IS TO CREATE AN OUTSTANDING CENTER FOR TEACHING AND LEARNING FOR CHILDREN AND THEIR FAMILIES THAT WILL RECOGNIZE AND NURTURE THE FULL POTENTIAL OF EVERY CHILD, PROVIDE A FOUNDATION FOR A COLLEGE EDUCATION AND EDUCATE STUDENTS TO BE CREATIVE AND CRITICAL THINKERS AND RESPONSIBLE CITIZENS IN SCHOOL, AT HOME AND IN THE BROADER COMMUNITY. THE SCHOOL WAS FOUNDED BY SONNENSCHEIN NATH AND ROSENTHAL LLP. DURING FYE JUNE 30, 2015, THE SCHOOL SERVED APPROXIMATELY 500 STUDENTS IN PRE-KINDERGARTEN THROUGH 8TH GRADE.Desc
Total Program Service Expenses$4,957,513TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document36IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee76EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members12GoverningBodyVotingMembersCnt
Independent Voting Member10IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org DocumentsYes (1)ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (1)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldILStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonANDREW G TOBINPersonNm
Phone7735421640PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line14217 W 18TH STREET NORTH BUILDINGAddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60623ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
ERROL STONE
CHAIRMAN35.0010.00Yes (X)Yes (X)$0$0$0
LESLIE DAVIS
VICE CHAIRMAN2.00Yes (X)Yes (X)$0$0$0
ANDREW TOBIN
TREASURER30.0010.00Yes (X)Yes (X)$43,947$0$5,094
ROBERT MESSERLY
SECRETARY2.00Yes (X)Yes (X)$0$0$0
BENJAMIN WEINBERG
ASSISTANT SECRETARY2.00Yes (X)Yes (X)$0$0$0
ELKE REHBOCK
ASSISTANT SECRETARY2.00Yes (X)Yes (X)$0$0$0
ALEXANDER TAIT
ASSISTANT SECRETARY - TERM2.00Yes (X)Yes (X)$0$0$0
ELIZABETH KENNER
PRINCIPAL60.00Yes (X)Yes (X)$106,723$0$10,859
REV CAROLYN VESSEL
DIRECTOR2.002.00Yes (X)$0$0$0
CHARLES LEEKS
DIRECTOR2.00Yes (X)$0$0$0
DEBRA WESLEY-FREEMAN
DIRECTOR - TERM2.00Yes (X)$0$0$0
DUANE QUAINI
DIRECTOR2.00Yes (X)$0$0$0
HOWARD SULKIN
DIRECTOR2.00Yes (X)$0$0$0
JOHN O'DONNELL
DIRECTOR - TERM2.00Yes (X)$0$0$0
JOHN WILLIS
DIRECTOR - TERM2.00Yes (X)$0$0$0
SUSAN LUCAS
DIRECTOR2.002.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$150,670TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$15,953TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Government Grants$4,734,905GovernmentGrantsAmt
All Other Contributions$377,168AllOtherContributionsAmt
Noncash Contributions$29,235NoncashContributionsAmt
Total Contributions$5,112,073TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescSTUDENT FEESDesc
Business611110BusinessCd
Total Revenue Column$98,816TotalRevenueColumnAmt
Related Or Exempt Func Income$98,816RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$98,816TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$6,684TotalRevenueColumnAmt
Exclusion$6,684ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMISCELLANEOUS REVENUEDesc
Business611110BusinessCd
Total Revenue Column$36TotalRevenueColumnAmt
Exclusion$36ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$36OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$5,217,609TotalRevenueColumnAmt
Related Or Exempt Func Income$98,816RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$6,720ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$172,668TotalAmt
Program Services$172,668ProgramServicesAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$2,999,910TotalAmt
Program Services$2,999,910ProgramServicesAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$310,249TotalAmt
Program Services$310,249ProgramServicesAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$299,224TotalAmt
Program Services$299,224ProgramServicesAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$159,780TotalAmt
Program Services$159,780ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$22,015TotalAmt
Management And General$22,015ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$56,497TotalAmt
Program Services$45,982ProgramServicesAmt
Management And General$10,515ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$67,437TotalAmt
Program Services$67,437ProgramServicesAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$45,262TotalAmt
Program Services$45,262ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$348,602TotalAmt
Program Services$348,602ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$32,834TotalAmt
Program Services$32,834ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$41,808TotalAmt
Program Services$41,808ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
CLASSROOM SUPPLIES$138,212$138,212
CPS ADMINISTRATIVE FEE$120,932$120,932
DIRECT STUDENT COSTS$63,080$63,080
STAFF DEVELOPMENT$44,430$44,430

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$67,103TotalAmt
Program Services$67,103ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$4,990,043TotalAmt
Program Services$4,957,513ProgramServicesAmt
Management And General$32,530ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$250BOYAmt
EOY$500EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$8,746,579BOYAmt
EOY$8,800,225EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$548,378BOYAmt
EOY$221,261EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$165,947BOYAmt
EOY$178,786EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$31,322BOYAmt
EOY$32,496EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$1,378,751LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$334,109LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$464,866BOYAmt
EOY$1,044,642EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$5,300BOYAmt
EOY$0EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$9,962,642BOYAmt
EOY$10,277,910EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$31,213BOYAmt
EOY$118,915EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$31,213BOYAmt
EOY$118,915EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,915,175BOYAmt
EOY$2,582,927EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$8,016,254BOYAmt
EOY$7,576,068EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$9,931,429BOYAmt
EOY$10,158,995EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$9,962,642BOYAmt
EOY$10,277,910EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$227,566ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,377,267CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$4,023,788CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$4,279,110CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$5,509,030CurrentTaxYearMinus1YearAmt
Current Tax Year$5,112,073CurrentTaxYearAmt
Total$22,301,268TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,377,267CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$4,023,788CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$4,279,110CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$5,509,030CurrentTaxYearMinus1YearAmt
Current Tax Year$5,112,073CurrentTaxYearAmt
Total$22,301,268TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$561,310SubstantialContributorsTotAmt
Public Support Total170$21,739,958PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$29,224CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$17,930CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$13,705CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$13,043CurrentTaxYearMinus1YearAmt
Current Tax Year$6,684CurrentTaxYearAmt
Total$80,586TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$43,071CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$6,624CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,898CurrentTaxYearMinus1YearAmt
Current Tax Year$36CurrentTaxYearAmt
Total$52,629TotalAmt
FieldValueIRS element (for citing)
Total Support$22,434,483TotalSupportAmt
Gross Receipts Rltd Activities$339,615GrossReceiptsRltdActivitiesAmt
Public Support CY1700.96900PublicSupportCY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$56,950OtherCostOrOtherBasisAmt
Depreciation$56,243DepreciationAmt
Book Value$707BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$338,373OtherCostOrOtherBasisAmt
Depreciation$277,866DepreciationAmt
Book Value$60,507BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$983,428OtherCostOrOtherBasisAmt
Book Value$983,428BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$1,044,642TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$6,223,533TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts$1,005,924DonatedServicesAndUseFcltsAmt
Revenue Not Reported$1,005,924RevenueNotReportedAmt
Revenue Subtotal$5,217,609RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$5,217,609TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$5,995,967TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$1,005,924DonatedServicesUseFcltsAmt
Expenses Not Reported$1,005,924ExpensesNotReportedAmt
Expenses Subtotal$4,990,043ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$4,990,043TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE SCHOOL IS A TAX-EXEMPT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE) AND IS EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE CODE. IN ADDITION, THE INTERNAL REVENUE SERVICE (IRS) HAS DETERMINED THAT THE SCHOOL IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE CODE. THE SCHOOL HAS ADOPTED THE REQUIREMENTS FOR ACCOUNTING FOR UNCERTAIN TAX POSITIONS AND MANAGEMENT HAS DETERMINED THAT THE SCHOOL WAS NOT REQUIRED TO RECORD A LIABILITY RELATED TO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2015 AND 2014.ExplanationTxt

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (1)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (1)GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3THE SCHOOL FULLY DISCLOSES ITS NONDISCRIMINATORY POLICY TO ALL POTENTIAL STUDENTS. A COPY OF THE POLICY IS AVAILABLE UPON REQUEST.
SCHEDULE E, PART I, LINE 6THE SCHOOL RECEIVES FEDERAL AND STATE GRANTS THROUGH VARIOUS GOVERNMENTAL AGENCIES, INCLUDING CHICAGO PUBLIC SCHOOLS.

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution1ContributionCnt
Noncash Contributions Rpt F990$29,235NoncashContributionsRptF990Amt
Method Of Determining RevenuesFAIR MARKET VALUEMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts0ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (10 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 2THE SCHOOL WAS FOUNDED BY THE LAW FIRM SONNENSCHEIN NATH AND ROSENTHAL LLP, NOW KNOWN AS DENTONS. NUMEROUS DIRECTORS ON THE SCHOOL'S BOARD ARE EMPLOYED BY OR PARTNERS OF DENTONS AND MAY BE CLIENTS OF DENTONS. DENTONS CONTRIBUTES ADMINISTRATIVE, ACCOUNTING, AND TECHNOLOGY SERVICES TO THE SCHOOL.
FORM 990, PART VI, SECTION A, LINE 4DURING THE YEAR, THE SCHOOL AMENDED ITS BYLAWS ELECTING TO NO LONGER HAVE ANY MEMBERS. UNDER THE AMENDED BYLAWS, THE AFFAIRS OF THE SCHOOL ARE MANAGED BY THE BOARD OF DIRECTORS.
FORM 990, PART VI, SECTION A, LINE 6EFFECTIVE MARCH 5, 2015, DENTONS IS NO LONGER THE SOLE MEMBER OF THE CORPORATION. EFFECTIVE THAT DATE, THE CORPORATION BECAME A NOT-FOR-PROFIT CORPORATION WITHOUT MEMBERS.
FORM 990, PART VI, SECTION A, LINE 7ASEE ANSWER TO FORM 990, PART VI, SECTION A, LINE 6
FORM 990, PART VI, SECTION A, LINE 7BSEE ANSWER TO FORM 990, PART VI, SECTION A, LINE 6
FORM 990, PART VI, SECTION B, LINE 11THE SCHOOL'S CPA FIRM ASSISTS IN THE PREPARATION OF FORM 990. A DRAFT COPY IS REVIEWED BY THE BOARD TREASURER. AN ELECTRONIC VERSION OF FORM 990 IS PROVIDED TO BOARD MEMBERS FOR REVIEW PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12CTHE CONFLICT OF INTEREST POLICY IS GIVEN TO BOARD MEMBERS YEARLY AND A CONFLICTS OF INTEREST POLICY IS ALSO INCLUDED IN THE PERSONNEL HANDBOOK GIVEN OUT AT THE START OF EACH SCHOOL YEAR.
FORM 990, PART VI, SECTION B, LINE 15ANNUAL SALARIES AND CHANGES TO ANNUAL SALARIES ARE DETERMINED BY THE BOARD ON A YEARLY BASIS. A VARIETY OF INFORMATION IS USED TO DETERMINE APPROPRIATE COMPENSATION LEVELS.
FORM 990, PART VI, SECTION C, LINE 19THE SCHOOL MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
SCHEDULE M, LINE 31THE SCHOOL DOES NOT TYPICALLY RECEIVE NON-STANDARD CONTRIBUTIONS. PERIODICALLY, THE SCHOOL RECEIVES CONTRIBUTIONS OF PUBLICLY TRADED SECURITIES WHICH IT CONVERTS TO CASH UPON RECEIPT. ALL SUCH CONTRIBUTIONS ARE USED FOR SCHOOL'S PROGRAM SERVICES.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1LEGACY CHARTER SCHOOL SUPPORT CORPORATIONBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1233 SOUTH WACKER DRIVE SUITE 5900AddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60606ZIPCd
FieldValueIRS element (for citing)
EIN474535955EIN
Primary ActivitiesOPERATED FOR BENEFIT OF LEGACY CHARTER SCHOOLPrimaryActivitiesTxt
Legal Domicile StateILLegalDomicileStateCd
Exempt Code Section501(C)(3)ExemptCodeSectionTxt
Public Charity StatusLINE 11A, IPublicCharityStatusTxt
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.