2022-06-15T17:01:11-05:00 2021-07-31 946214841 ARMANINO LLP 15950 N DALLAS PKWY 600 DALLAS TX 75248 990 2020-08-01 752805332 LEGACY CHRISTIAN ACADEMY INC LEGA 4696331330 5000 ACADEMY DRIVE FRISCO TX 75034 GENE POTTS CHIEF FINANCIAL OFFICER 4696331330 2022-06-14 1 GENE POTTS 999009999 MATTHEW PETROSKI P00853132 9726611843 2022-06-13 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z GENE POTTS 5000 ACADEMY DRIVE FRISCO TX 75034 23221739 0 X 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 9 253 250 0 0 897393 1667804 18086963 17822735 249047 245085 -84273 11153 19149130 19746777 716033 1163838 0 0 12838416 14019594 0 32572 520781 6015569 5956961 19570018 21172965 -420888 -1426188 41939116 42279443 16020584 17958100 25918532 24321343 EDUCATION PK-12 - LEGACY CHRISTIAN ACADEMY IS DEDICATED TO THE DEVELOPMENT OF ACADEMIC EXCELLENCE AND THE SPIRITUAL GROWTH OF ITS STUDENTS. 0 0 17730738 1163838 17822735 LEGACY CHRISTIAN ACADEMY IS DEDICATED TO THE DEVELOPMENT OF ACADEMIC EXCELLENCE AND THE SPIRITUAL GROWTH OF ITS 976 STUDENTS. 17730738 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 1 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 48 0 1 253 1 0 0 0 0 0 1 1 0 0 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 X GENE POTTS 4636331330 5000 ACADEMY DRIVE FRISCO TX 75034 BRAD BRENNEMAN CHAIR 5.00 X X 0 0 0 PATRICK DROESCH VICE-CHAIR 5.00 X X 0 0 0 LISA LIBERIS SECRETARY 5.00 X X 0 0 0 BRETT BINGHAM TREASURER 5.00 X X 0 0 0 GEORGE CRUMLEY DIRECTOR (THRU 10/20) 5.00 X 0 0 0 NICK JOHNSON DIRECTOR 5.00 X 0 0 0 DOROTHY SMITH DIRECTOR 5.00 X 0 0 0 TOM STOCKTON DIRECTOR (THRU 10/20) 5.00 X 0 0 0 TRENT WOOD DIRECTOR 5.00 X 0 0 0 KENNETH CHAPMAN DIRECTOR (AS OF 05/21) 5.00 X 0 0 0 JEFF OWENS DIRECTOR (AS OF 10/20) 5.00 X 0 0 0 WILLIAM D MCGEE HEAD OF SCHOOL 40.00 X 302453 0 28959 ADAM HOUSLEY SENIOR DIRECTOR ADVANCEMENT 40.00 X 114348 0 50211 GENE POTTS CHIEF FINANCIAL OFFICER 40.00 X 130218 0 29476 DANIEL TOWNSLEY CHIEF ACADEMIC OFFICER 40.00 X 129101 0 14041 JOY BELL MIDDLE SCHOOL PRINCIPAL 40.00 X 125636 0 49420 KEVIN MOSLEY UPPER SCHOOL PRINCIPAL 40.00 X 136730 0 14423 ANDREW EMBRY DEAN OF STUDENTS 40.00 X 117496 0 33540 SHANNON NELSON CHIEF ADVANCEMENT OFFICER 40.00 X 133043 0 14148 TIFFANY MCCOLLUM EE/LS PRINCIPAL 40.00 X 100867 0 12093 1289892 0 246311 9 0 1 0 INSPERITY (PEO) 545 E JOHN CARPENTER FRWY STE 110 IRVING TX 75062 PAYROLL AND HR SERVICES 385683 ENTERPRISES JU 2637 PEACH DRIVE LITTLE ELM TX 75068 MAINTENANCE AND JANITORIAL 325230 SAGE DINING SERVICES INC 1402 YORK ROAD LUTHERVILLE MD 21093 FOOD SERVICES 223954 JOSHUA EXPEDITIONS 6841 VIRGINIA PARKWAY MCKINNEY TX 75071 MISSION TRIP PLANNING 214360 AMERICAN TRANSFERS & TOURS 5021 STATESMAN DR IRVING TX 75063 TRANSPORTATION 137801 7 38290 286927 1342587 53784 1667804 TUITION 611600 17652979 17652979 EXTRA-CURRICULAR 611600 169756 169756 17822735 170382 170382 3543117 3468414 74703 74703 74703 16520 38290 6548 9972 9972 VENDING MACHINE 900099 1181 1181 1181 19746777 17822735 0 256238 1163838 1163838 1028451 419152 499931 109368 9365324 8310702 883687 170935 320852 275821 30515 14516 2471330 2151854 265584 53892 833637 708855 103341 21441 80876 80876 31395 31395 32572 32572 49796 49796 58346 58346 682079 201909 433640 46530 97523 88195 8056 1272 1018909 995409 20532 2968 108110 58170 42770 7170 348246 340214 7017 1015 1535929 1500504 30950 4475 226222 191719 33931 572 EDUCATION & CURRICULUM 972305 971877 350 78 STUDENT SERVICES 318042 107327 210715 ALL OTHER EXPENSES 211762 42408 121668 47686 SPECIAL PROGRAMS 142417 135468 658 6291 75004 67316 7688 21172965 17730738 2921446 520781 1494757 2177120 23140 301927 84003 121273 21614 22709 564916 808364 47500352 13163801 35250434 34336551 4452871 4477010 47381 34489 41939116 42279443 704199 903512 7727079 9516447 7483453 7363767 105853 174374 16020584 17958100 X 25761619 23941524 156913 379819 25918532 24321343 41939116 42279443 -1426188 -171001 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2657781 2657781 35828024 10814719 25013305 4533397 520735 4012662 4481150 1828347 2652803 34336551 CAPITAL LEASE OBLIGATIONS 174374 174374 18365270 -171001 -1160710 -1331711 19696981 49796 49796 19746777 19962459 0 19962459 49796 1160710 1210506 21172965 PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID -1,163,838. BAD DEBT EXPENSE -3,420. FUNDRAISING EXPENSES 6,548. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 1,163,838. BAD DEBT EXPENSE 3,420. FUNDRAISING EXPENSES -6,548. 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. X X X X X X 1 MARTS & LUNDY 160 CHUBB AVE LYNDHURST NJ 07071 CONSULTING FOR FUNDRAISING 0 0 32572 -32572 32572 -32572 TX TJ TOMENY GOLF TOURNAMENT 400 400 2717 VIRTUAL AUCTION 54410 37890 16520 909 2922 54810 38290 16520 909 5639 6548 9972 1 FINANCIAL AID 130 1163838 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 A COMMITTEE MADE UP OF FINANCIAL AND ADMISSIONS EMPLOYEES. 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 1 0 WILLIAM D MCGEE HEAD OF SCHOOL 235172 0 55281 0 12000 0 11759 0 17200 0 331412 0 0 0 JOY BELL MIDDLE SCHOOL PRINCIPAL 117818 0 7818 0 0 0 5891 0 43529 0 175056 0 0 0 ADAM HOUSLEY SENIOR DIRECTOR ADVANCEMENT 113637 0 711 0 0 0 5682 0 44529 0 164559 0 0 0 GENE POTTS CHIEF FINANCIAL OFFICER 122400 0 7818 0 0 0 6120 0 23356 0 159694 0 0 0 KEVIN MOSLEY UPPER SCHOOL PRINCIPAL 128912 0 7818 0 0 0 6446 0 7977 0 151153 0 0 0 ANDREW EMBRY DEAN OF STUDENTS 116785 0 711 0 0 0 5839 0 27701 0 151036 0 0 0 PART I, LINE 7 THE BONUS PROCESS IS A SUBJECTIVE DETERMINATION AND APPROVED BY THE BOARD DURING THE ANNUAL EVALUATIONS. ALL COMPENSATED EMPLOYEES RECEIVED NON-FIXED BONUSES IN THE 2020 CALENDAR YEAR. CHERI MOSLEY SPOUSE OF KEVIN MOSLEY, UPPER SCHOOL PRINCIPAL 62999 EMPLOYMENT 0 SCOT MCCOLLUM SPOUSE OF TIFFANY MCCOLLUM, LOWER SCHOOL PRINCIPAL 95435 EMPLOYMENT 0 AMY HOUSLEY SPOUSE OF ADAM HOUSLEY, SENIOR DIRECTOR OF ADVANCEMENT 71211 EMPLOYMENT 0 X 2 28383 FMV X SPECIAL EVENT GIFTS 56 25401 FMV 0 0 1 1 PART I, COLUMN (B): THIS NUMBER REFLECTS THE NUMBER OF CONTRIBUTIONS, NOT THE NUMBER OF ITEMS CONTRIBUTED. FORM 990, PART VI, SECTION B, LINE 11B THE CFO REVIEWS THE DATA SUBMITTED FOR PREPARATION OF THE 990 AND PERFORMS A FINAL REVIEW OF THE FORM 990 PREPARED BY THE CPA FIRM ARMANINO LLP. 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. DECISONS REGARDING COMPENSATION WERE CONTEMPORANEOUSLY DOCUMENTED BY THE SECRETARY OF THE BOARD AND LATER COMPLIED INTO FORMAL MINUTES. 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 PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR.