2020-07-14T17:36:44-05:00 2019-06-30 860271207 SCHMIDT WESTERGARD & COMPANY PLLC 77 WEST UNIVERSITY DRIVE MESA AZ 852015830 990 2018-07-01 472185410 LEGACY TRADITIONAL SCHOOL - CASA GRANDE LEGA 4802705438 3125 S GILBERT ROAD CHANDLER AZ 85286 DIEGO GETTLER PRESIDENT 4802705438 2020-06-29 1 KELLY M WHITE P00622256 4808346030 216.27.213.138 2020-06-29 18:59:33 US P AABCA7D4A69FE23C4645447E4DBAE51B3FD989F2 AABCA7D4A69FE23C4645447E4DBAE51B3FD989F2 2018 2021-01-29 14:40:06Z DIEGO GETTLER 3125 S GILBERT ROAD CHANDLER AZ 85286 8959421 0 X CASAGRANDE.LEGACYTRADITIONAL.ORG X 2014 AZ TO PROVIDE MOTIVATED STUDENTS WITH THE OPPORTUNITY TO ACHIEVE ACADEMIC EXCELLENCE IN AN ACCELERATED, BACK-TO-BASICS, SAFE LEARNING ENVIRONMENT TAUGHT BY CARING, KNOWLEDGEABLE, AND HIGHLY EFFECTIVE EDUCATORS IN COOPERATION WITH SUPPORTIVE, INVOLVED PARENTS. 5 5 115 1152 0 0 7846510 8452239 334145 397880 25124 93274 100213 16028 8305992 8959421 0 0 0 0 4241919 4242169 0 0 0 3733201 4023706 7975120 8265875 330872 693546 18758604 19299061 16653629 16500540 2104975 2798521 TO PROVIDE MOTIVATED STUDENTS WITH THE OPPORTUNITY TO ACHIEVE ACADEMIC EXCELLENCE IN AN ACCELERATED, BACK-TO-BASICS, SAFE LEARNING ENVIRONMENT TAUGHT BY CARING, KNOWLEDGEABLE, AND HIGHLY EFFECTIVE EDUCATORS IN COOPERATION WITH SUPPORTIVE, INVOLVED PARENTS. 0 0 6634308 413908 DURING THE CURRENT YEAR, THE ORGANIZATION PROVIDED HIGH QUALITY EDUCATIONAL SERVICES TO APPROXIMATELY 1,152 STUDENTS IN KINDERGARTEN THROUGH 8TH GRADE AT ITS CAMPUS IN CASA GRANDE, ARIZONA. THOSE STUDENTS EXPERIENCED A WELL-ROUNDED EDUCATION THAT INCLUDED READING, WRITING, MATHEMATICS, SCIENCE, SOCIAL STUDIES, HISTORY, MUSIC, ART, AND PHYSICAL EDUCATION, AS WELL AS EXTRACURRICULAR ACTIVITIES INCLUDING ATHLETICS, CLUBS, FIELD TRIPS, AND DAILY TUTORING. 6634308 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 1 0 0 0 1 18 0 1 115 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 1 1 0 0 0 0 0 1 0 0 0 1 1 1 1 0 1 0 0 0 X COREY KENNEDY 4802705438 3125 S GILBERT ROAD CHANDLER AZ 85286 X JENNI FERRIN SECRETARY 1.00 5.00 X X 0 0 0 CORY THEOBALD DIRECTOR 1.00 5.00 X 0 0 0 DEREK SAMUEL DIRECTOR 1.00 5.00 X 0 0 0 NATHAN SCHLINK PRESIDENT 1.00 5.00 X X 0 0 0 HEATHER JONES DIRECTOR 1.00 5.00 X 0 0 0 DIEGO GETTLER DIRECTOR 1.00 5.00 X 0 0 0 AARON HALE TREASURER 1.00 40.00 X 0 0 0 BRANDON JONES CEO 8.00 40.00 X 0 0 0 0 0 0 0 0 0 0 VERTEX EDUCATION LLC 3125 S GILBERT ROAD CHANDLER AZ 85286 MANAGEMENT SERVICES 1286917 1 8444789 7450 8452239 LUNCH FEES 611710 275752 275752 SCHOOL PROGRAMS 611710 122128 122128 397880 93274 93274 MISCELLANEOUS REVENUE 611710 16028 16028 16028 8959421 413908 0 93274 3658458 3472964 185494 68000 64590 3410 215494 204719 10775 300217 285206 15011 1340850 268170 1072680 2915 2915 24955 24955 389594 389594 53251 53251 388939 363396 25543 71270 57016 14254 216847 173673 43174 938510 844659 93851 490393 441354 49039 26353 21082 5271 DUES AND FEES 29537 29537 FIELDTRIPS 18985 18985 TELEPHONE 5079 4063 1016 26228 24837 1391 8265875 6634308 1631567 0 2978203 2568080 2308659 2398411 95205 169160 226223 1226049 36324 571 16224894 3289318 13113990 12935576 1214 18758604 19299061 831190 836666 11012 7529 10604 10330 15800823 15634842 0 11173 16653629 16500540 X 2104975 2798521 2104975 2798521 18758604 19299061 693546 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3696157 3696157 11104409 2350097 8754312 261168 60260 200908 332037 290769 41268 831123 588192 242931 12935576 DUE TO LEGACY TRADITIONAL SCHOOLS 11173 11173 X 8959421 0 8959421 0 8959421 8265875 0 8265875 0 8265875 PART X, LINE 2: THE SCHOOL IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "IRC") AND SIMILAR ARIZONA PROVISIONS. IN ADDITION, THE SCHOOL HAS BEEN CLASSIFIED AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION UNDER SECTION 509(A)(1) OF THE IRC. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE SCHOOL'S TAX-EXEMPT PURPOSE MAY BE SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. THERE IS NO PROVISION FOR INCOME TAXES IN THE ACCOMPANYING FINANCIAL STATEMENTS BECAUSE THERE IS NO SIGNIFICANT UNRELATED BUSINESS INCOME. THE SCHOOL FOLLOWS THE GUIDANCE ISSUED BY THE FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") RELATED TO ACCOUNTING FOR INCOME TAX UNCERTAINTIES. UNDER THIS GUIDANCE, THE SCHOOL ACCOUNTS FOR THE EFFECT OF ANY UNCERTAIN TAX POSITIONS BASED ON WHETHER IT IS "MORE-LIKELY-THAN-NOT" THAT THE POSITION WILL BE SUSTAINED BY THE TAXING AUTHORITY UPON EXAMINATION. THE SCHOOL ROUTINELY EVALUATES POTENTIAL UNCERTAIN TAX POSITIONS. THE SCHOOL HAS IDENTIFIED ITS STATUS AS AN EXEMPT ORGANIZATION AS A TAX POSITION; HOWEVER, THE SCHOOL HAS DETERMINED THAT SUCH TAX POSITION DOES NOT RESULT IN AN UNCERTAINTY THAT REQUIRES RECOGNITION. THE SCHOOL FILES AN INFORMATIONAL TAX RETURN IN THE U.S. FEDERAL JURISDICTION. AS OF JUNE 30, 2019, U.S. FEDERAL INFORMATIONAL TAX RETURNS FOR THE YEARS ENDED PRIOR TO JUNE 30, 2016 ARE CLOSED TO ASSESSMENT. THERE WERE NO AMOUNTS OF ACCRUED INTEREST OR PENALTIES AS OF JUNE 30, 2019. 1 1 0 1 0 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE ORGANIZATION'S STAFF INFORMS INTERESTED PARENTS AND STUDENTS OF THE RACIALLY NONDISCRIMINATORY POLICY IN THE ENROLLMENT PROCESS. SCHEDULE E, PART I, LINE 4 THE SCHOOL DOES NOT OFFER SCHOLARSHIPS OR FINANCIAL ASSISTANCE. SCHEDULE E LINE 6 - GOVERNMENT FINANCIAL AID THE SCHOOL RECEIVES REVENUE FROM THE FEDERAL AND STATE GOVERNMENTS FOR EDUCATIONAL PROGRAMS AND FROM THE STATE OF ARIZONA FOR STATE EQUALIZATION ASSISTANCE. A THE INDUSTRIAL DEVELOPMENT AUTHORITY OF THE TOWN OF FLORENCEINC 861975556 340375AK0 2013-03-28 17129396 FINANCING CHARTER SCHOOL 0 0 0 A 17129396 1221660 486211 15421525 2013 0 0 1 1 A 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 1 A 0 1 0 0 0 0 0 0 1 A 1 SCHEDULE K, PART I, COLUMN A, ITEM (A): (A) ISSUER NAME: THE INDUSTRIAL DEVELOPMENT AUTHORITY OF THE TOWN OF FLORENCE, INC. SCHEDULE K, PART I, COLUMN A, ITEM (E): (E) ISSUE PRICE: UNDER AN AMENDED AND RESTATED BOND INDENTURE AND RELATED AGREEMENTS DATED NOVEMBER 1, 2016, AMENDING AND RESTATING DOCUMENTS DATED MARCH 1, 2013, THE INDUSTRIAL DEVELOPMENT AUTHORITY OF THE TOWN OF FLORENCE, INC., A GOVERNMENTAL ISSUER, ISSUED EDUCATION REVENUE BONDS (LEGACY TRADITIONAL SCHOOL PROJECT - QUEEN CREEK AND CASA GRANDE CAMPUSES) SERIES 2013 AND LOANED THE PROCEEDS THEREOF TO LEGACY TRADITIONAL SCHOOL - CASA GRANDE AND LEGACY TRADITIONAL SCHOOL - QUEEN CREEK FOR THE PURPOSE OF FINANCING THE COSTS OF ACQUIRING, RENOVATING AND EQUIPPING THE CAMPUS FACILITIES OF TWO MEMBERS OF AN OBLIGATED GROUP (DEFINED BELOW), INCLUDING THIS ORGANIZATION. THE MEMBERS OF THE OBLIGATED GROUP ARE JOINTLY AND SEVERALLY LIABLE FOR THE ENTIRE BOND ISSUE. HOWEVER, THE AMOUNT OF THE ISSUE PRICE IN ITEM (E) (AND THE AMOUNTS SHOWN IN PART II) IS THE PORTION ALLOCATED TO FINANCING THE CAMPUS FACILITIES OF THIS ORGANIZATION, AND THE AMOUNT DIFFERS FROM THE TOTAL BOND ISSUE PRICE REPORTED ON FORM 8038-G WHICH WAS THE TOTAL OF THE BOND ISSUE PRICE. EACH OF THE TWO MEMBERS OF THE OBLIGATED GROUP WHOSE CAMPUS FACILITIES WERE FINANCED WITH THE BOND ISSUE IS REPORTING ITS RESPECTIVE ALLOCATED PORTIONS OF THE TOTAL. OBLIGATED GROUP DEFINITION: AS OF JUNE 30, 2019, THE "OBLIGATED GROUP" INCLUDED THE FOLLOWING ORGANIZATIONS: (1) LEGACY TRADITIONAL SCHOOL - AVONDALE, (2) LEGACY TRADITIONAL SCHOOL - CASA GRANDE, (3) LEGACY TRADITIONAL SCHOOL - CHANDLER, (4) LEGACY TRADITIONAL SCHOOL - GILBERT, (5) LEGACY TRADITIONAL SCHOOL - GLENDALE, (6) LEGACY TRADITIONAL SCHOOL - LAVEEN, (7) LEGACY TRADITIONAL SCHOOL - MARICOPA, (8) LEGACY TRADITIONAL SCHOOLS - NEVADA, INC., (9) LEGACY TRADITIONAL SCHOOL - NORTH CHANDLER, (10) LEGACY TRADITIONAL SCHOOL - NORTHWEST TUCSON,, (11) LEGACY TRADITIONAL SCHOOL - PEORIA, (12) LEGACY TRADITIONAL SCHOOL - QUEEN CREEK, AND (13) LEGACY TRADITIONAL SCHOOL - SURPRISE. VERTEX EDUCATION LLC 100% CONTROLLED ENTITY OF ONE CURRENT AND ONE FORMER OFFICER OPERATIONS X 11691 10330 0 1 0 10330 VERTEX EDUCATION LLC 100% CONTROLLED ENTITY OF ONE CURRENT AND ONE FORMER OFFICER 1340850 MANAGEMENT AND COMMUNITY EDUCATION SERVICE FEES 0 VERTEX EDUCATION LLC 100% CONTROLLED ENTITY OF ONE CURRENT AND ONE FORMER OFFICER 51000 ADVERTISING, MARKETING, AND PUBLIC RELATION EXPENSES 0 SCHEDULE L, PART II, LOANS TO AND FROM INTERESTED PERSONS: THE SCHOOL RECEIVES ADVANCES FROM VERTEX EDUCATION,LLC. THESE BALANCES INCLUDE INTEREST AT 10% FOR ADVANCES AND UNPAID MANAGEMENT FEES. THESE BALANCES ARE DUE ON DEMAND AND ARE UNCOLLATERALIZED. SCHEDULE L, PART IV, BUSINESS TRANSACTIONS INVOLVING INTEREST PERSONS: THE SCHOOL HAS A MANAGEMENT SERVICES AGREEMENT WITH VERTEX EDUCATION, LLC. AS OF JUNE 30, 2019, AARON HALE AND HIS SPOUSE ARE MEMBERS OF VERTEX EDUCATION. AARON HALE SERVES AS AN OFFICER OF THE SCHOOL.IN ACCORDANCE WITH THE MANAGEMENT SERVICE AGREEMENT, VERTEX EDUCATION PROVIDES ASSISTANCE WITH THE OPERATIONS AND MANAGEMENT OF THE SCHOOL IN THE AREAS OF SCHOOL DEVELOPMENT, FINANCIAL SERVICES, HUMAN RESOURCES, INFORMATION SYSTEMS, FACILITIES MANAGEMENT AND FOOD SERVICES. IN ACCORDANCE WITH THE COMMUNITY EDUCATION SERVICES AGREEMENT, VERTEX PROVIDES ASSISTANCE WITH PROGRAM OF INSTRUCTION, LICENSING, POLICIES AND PROCEDURES, TRAINING OF PROGRAM STAFF, ENROLLMENT AND REGISTRATION, BILLINGS AND COLLECTIONS, AND COMMUNICATION WITH PARENTS, RELATED TO PROGRAMS SUCH AS LKC, PRE-SCHOOL, KEEP, AND CLUBS. FORM 990, PART VI, SECTION A, LINE 2 NATHAN SCHLINK, THE ORGANIZATION'S PRESIDENT, AND CORY THEOBALD, DIRECTOR, HAVE A FAMILY RELATIONSHIP WITH THE ORGANIZATION'S TREASURER AARON HALE. AARON HALE, TREASURER, AND BRANDON JONES, CEO, HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 3 THE SCHOOL HAS A MANAGEMENT SERVICES AGREEMENT WITH VERTEX EDUCATION, LLC. IN ACCORDANCE WITH THE MANAGEMENT SERVICE AGREEMENT, VERTEX EDUCATION PROVIDES ASSISTANCE WITH THE OPERATIONS AND MANAGEMENT OF THE SCHOOL IN THE AREAS OF SCHOOL DEVELOPMENT, FINANCIAL SERVICES, HUMAN RESOURCES, INFORMATION SYSTEMS, FACILITIES MANAGEMENT AND FOOD SERVICES. THE SCHOOL ALSO HAS AN AGREEMENT WITH VERTEX EDUCATION FOR REIMBURSEMENTS FOR ADVERTISING, MARKETING, AND PUBLIC RELATION EXPENSES. THE SCHOOL HAS A COMMUNITY EDUCATION SERVICES AGREEMENT WITH VERTEX EDUCATION, IN WHICH VERTEX PROVIDES ASSISTANCE WITH PROGRAM OF INSTRUCTION, LICENSING, POLICIES AND PROCEDURES, TRAINING OF PROGRAM STAFF, ENROLLMENT AND REGISTRATION, BILLINGS AND COLLECTIONS, AND COMMUNICATION WITH PARENTS, RELATED TO PROGRAMS SUCH AS LKC, PRE-SCHOOL, KEEP, AND CLUBS. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE ANY COMMITTEE WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS EMAILED TO EACH OF THE ORGANIZATION'S GOVERNING BOARD MEMBERS FOR REVIEW PRIOR TO BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C EACH OFFICER, DIRECTOR, TRUSTEE, OR KEY EMPLOYEE MUST ANNUALLY SIGN A STATEMENT THAT AFFIRMS THAT SUCH PERSON HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY AND HAS AGREED TO COMPLY WITH THE POLICY. IF ANY PERSON WHO IS A DIRECTOR OR OFFICER IS AWARE THAT THE ORFANIZATION IS ABOUT TO ENTER INTO ANY BUSINESS TRANSACTION DIRECTLY OR INDIRECTLY WITH SUCH PERSON, ANY MEMBER OF THAT PERSON'S FAMILY, OR ANY ENTITY IN WHICH THAT PERSON HAS ANY LEGAL, EQUITABLE OR FIDUCIARY INTEREST OR POSITION, SUCH PERSON SHALL (A) IMMEDIATELY INFORM THOSE CHARGED WITH APPROVING THE TRANSACTION ON BEHALF OF THE ORGANIZATION OF SUCH PERSON'S INTEREST OR POSITION, (B) AID THE PERSONS CHARGED WITH MAKING THE DECISION BY DISCLOSING ANY MATERIAL FACTS WITHIN SUCH PERSON'S KNOWLEDGE THAT BEAR ON THE ADVISABILITY OF SUCH TRANSACTION FROM THE STANDPOINT OF THE ORGANIZATION, AND (C) NOT BE ENTITLED TO VOTE ON THE DECISION TO ENTER INTO SUCH TRANSACTION. A COPY OF THE CONFLICT OF INTEREST POLICY WILL BE MAINTAINED IN THE CORPORATE RECORDS, AND THE BOARD WILL REVIEW THAT POLICY ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION C, LINE 19 CERTAIN OF THE ORGANIZATION'S GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC THROUGH WEBSITES OF STATE GOVERNMENT AGENCIES. THE ORGANIZATION CONSIDERS SPECIFIC REQUESTS FOR ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ON A CASE-BY-CASE BASIS. FORM 990, PART XII, LINE 2C: NO CHANGES HAVE BEEN MADE TO THE OVERSIGHT PROCESS OR THE SELECTION PROCESS FROM THE PRIOR YEAR. LEGACY TRADITIONAL SCHOOL - CHANDLER 3125 S GILBERT ROAD CHANDLER AZ 85286 300681275 SCHOOL AZ 501(C)(3) LINE 2 N/A 0 LEGACY TRADITIONAL SCHOOL - AVONDALE 3125 S GILBERT ROAD CHANDLER AZ 85286 320339504 SCHOOL AZ 501(C)(3) LINE 2 N/A 0 LEGACY TRADITIONAL SCHOOL - GILBERT 3125 S GILBERT ROAD CHANDLER AZ 85286 461849277 SCHOOL AZ 501(C)(3) LINE 2 N/A 0 LEGACY TRADITIONAL SCHOOL - LAVEEN 3125 S GILBERT ROAD CHANDLER AZ 85286 611678903 SCHOOL AZ 501(C)(3) LINE 2 N/A 0 LEGACY TRADITIONAL SCHOOLS 3125 S GILBERT ROAD CHANDLER AZ 85286 460641842 SCHOOL SUPPORT AZ 509(A)(3) LINE 12B, II N/A 0 LEGACY TRADITIONAL SCHOOL - NORTHWEST TUCSON 3125 S GILBERT ROAD CHANDLER AZ 85286 352408563 SCHOOL AZ 501(C)(3) LINE 2 N/A 0 LEGACY TRADITIONAL SCHOOL - QUEEN CREEK 3125 S GILBERT ROAD CHANDLER AZ 85286 472193028 SCHOOL AZ 501(C)(3) LINE 2 N/A 0 LEGACY TRADITIONAL SCHOOL - SURPRISE 3125 S GILBERT ROAD CHANDLER AZ 85286 472207406 SCHOOL AZ 501(C)(3) LINE 2 N/A 0 LEGACY TRADITIONAL SCHOOL - NORTH CHANDLER 3125 S GILBERT ROAD CHANDLER AZ 85286 472240777 SCHOOL AZ 501(C)(3) LINE 2 N/A 0 LEGACY TRADITIONAL SCHOOL - PEORIA 3125 S GILBERT ROAD CHANDLER AZ 85286 812350661 SCHOOL AZ 501(C)(3) LINE 2 N/A 0 LEGACY TRADITIONAL SCHOOL - GLENDALE 3125 S GILBERT ROAD CHANDLER AZ 85286 475382849 SCHOOL AZ 501(C)(3) LINE 2 N/A 0 LEGACY TRADITIONAL SCHOOL - EAST MESA 3125 S GILBERT ROAD CHANDLER AZ 85286 821503382 SCHOOL AZ 501(C)(3) LINE 2 N/A 0 LEGACY TRADITIONAL SCHOOL - PHOENIX 3125 S GILBERT ROAD CHANDLER AZ 85286 821928006 SCHOOL AZ 501(C)(3) LINE 2 N/A 0 LEGACY TRADITIONAL SCHOOL - MARICOPA 3125 S GILBERT ROAD CHANDLER AZ 85286 270637575 SCHOOL AZ 501(C)(3) LINE 2 N/A 0 LEGACY TRADITIONAL SCHOOL - GOOOYEAR 3125 S GILBERT ROAD CHANDLER AZ 85286 833474101 SCHOOL AZ 501(C)(3) LINE 2 N/A 0 LEGACY TRADITIONAL SCHOOL - WEST SURPRISE 3125 S GILBERT ROAD CHANDLER AZ 85286 843327283 SCHOOL AZ 501(C)(3) LINE 2 N/A 0 0 0 0 1 1 0 1 1 0 0 0 0 0 0 0 1 1 0 0 LEGACY TRADITIONAL SCHOOL - NORTH CHANDLER D 664426 CASH VALUE LEGACY TRADITIONAL SCHOOL - PEORIA D 561623 CASH VALUE