2018-05-09T09:50:10-05:00 2017-06-30 860271207 SCHMIDT WESTERGARD & COMPANY PLLC 77 WEST UNIVERSITY DRIVE MESA AZ 852015830 990 2016-07-01 320339504 LEGACY TRADITIONAL SCHOOL - AVONDALE LEGA 4802705438 3201 S GILBERT ROAD BLDG A CHANDLER AZ 852865193 NATHAN SCHLINK PRESIDENT 4802705438 2018-03-27 1 KELLY M WHITE P00622256 4808346030 2016 2022-09-23 18:48:47Z NATHAN SCHLINK 3201 S GILBERT ROAD BLDG A CHANDLER AZ 852865193 9155592 0 X AVONDALE.LEGACYTRADITIONAL.ORG X 2011 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 5 128 1292 0 0 7790787 8427904 621647 669629 4546 8288 31595 49771 8448575 9155592 0 0 0 0 3733097 4254710 0 0 0 3848601 4094566 7581698 8349276 866877 806316 19271417 19567190 18826013 18315470 445404 1251720 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 6900081 719400 DURING THE CURRENT YEAR, THE ORGANIZATION PROVIDED HIGH QUALITY EDUCATIONAL SERVICES TO APPROXIMATELY 1,292 STUDENTS IN KINDERGARTEN THROUGH 8TH GRADE AT ITS CAMPUS IN AVONDALE, 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. 6900081 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 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 20 0 1 128 1 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 3201 S GILBERT ROAD BLDG A CHANDLER AZ 852865193 X JENNI FERRIN SECRETARY 1.00 5.00 X X 0 0 0 DEREK SAMUEL DIRECTOR 1.00 5.00 X 0 0 0 CORY THEOBALD DIRECTOR 1.00 5.00 X 0 0 0 NATHAN SCHLINK PRESIDENT 1.00 5.00 X X 0 0 0 WILLIAM GREGORY VP/SECRETARY (TERM ENDED 07/2016) 8.00 40.00 X X 0 0 0 HEATHER JONES DIRECTOR 1.00 5.00 X 0 0 0 AARON HALE TREASURER 8.00 40.00 X 0 0 0 BRANDON JONES CEO 8.00 40.00 X 0 0 0 0 0 0 0 0 0 0 CFE MANAGEMENT GROUP LLC 3201 S GILBERT RD BLDG A CHANDLER AZ 85286 MANAGEMENT FEES 1310483 1 8382167 45737 8427904 LUNCH FEES 611710 337434 337434 SCHOOL PROGRAMS 611710 332195 332195 669629 8288 8288 MISCELLANEOUS INCOME 611710 49771 49771 49771 9155592 719400 0 8288 3581277 3581277 61000 57950 3050 331117 314561 16556 281316 267250 14066 1374661 274932 1099729 996 996 23077 23077 157052 137529 19523 19301 19301 466258 419183 47075 24876 19901 4975 203134 162507 40627 1146 974 172 1153411 1038070 115341 540357 486321 54036 30438 24350 6088 DUES AND FEES 31805 27034 4771 FIELD TRIPS 30771 30771 TELEPHONE 14807 11846 2961 UNIFORMS 4595 4595 17881 16957 924 8349276 6900081 1449195 0 2740658 3653820 2424839 2504343 93635 44911 15628260 2264144 13581363 13364116 430922 0 19271417 19567190 1116526 1094529 9667 10317 12471 16292 17687349 17194332 18826013 18315470 X 445404 1251720 445404 1251720 19271417 19567190 806316 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2386242 2386242 11818761 1403673 10415088 145957 43289 102668 162713 77410 85303 1114587 739772 374815 13364116 X 9155592 0 9155592 0 9155592 8349276 0 8349276 0 8349276 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, 2017, U.S. FEDERAL INFORMATIONAL TAX RETURNS FOR YEARS ENDED PRIOR TO JUNE 30, 2014 ARE CLOSED TO ASSESSMENT. THERE WERE NO AMOUNTS OF ACCRUED INTEREST OR PENALTIES AS OF JUNE 30, 2017. 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, PART I, LINE 6 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 CITY OF PHOENIX ARIZONA 522038405 71885FDF1 2014-05-01 17780653 FINANCING CHARTER SCHOOL 0 0 0 A 17780653 1420527 419338 15940788 2015 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 CITY OF PHOENIX, ARIZONA SCHEDULE K, PART I, COLUMN A, ITEM (E): (E) ISSUE PRICE: UNDER A BOND INDENTURE AND RELATED AGREEMENTS DATED MAY 1, 2014, THE INDUSTRIAL DEVELOPMENT AUTHORITY OF THE CITY OF PHOENIX, ARIZONA, A GOVERNMENTAL ISSUER, ISSUED EDUCATION FACILITY REVENUE BONDS (LEGACY TRADITIONAL SCHOOLS PROJECT) SERIES 2014A AND LOANED THE PROCEEDS THEREOF TO LEGACY TRADITIONAL SCHOOL - CHANDLER (FKA ATHLOS TRADITIONAL ACADEMY), AS REPRESENTATIVE OF AN OBLIGATED GROUP (DEFINED BELOW), FOR THE PURPOSE OF FINANCING THE COSTS OF ACQUIRING, RENOVATING AND EQUIPPING THE CAMPUS FACILITIES OF FOUR MEMBERS OF THE OBLIGATED GROUP, 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 FOUR 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, 2017, 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. CFE MANAGEMENT GROUP LLC 100% CONTROLLED ENTITY OF TWO OFFICERS EXPENSE REIMBURSEMENTS X 85000 16292 0 1 1 16292 CFE MANAGEMENT GROUP LLC 100% CONTROLLED ENTITY OF TWO OFFICERS 1374661 MANAGEMENT FEES 0 CFE MANAGEMENT GROUP LLC 100% CONTROLLED ENTITY OF TWO OFFICERS 24000 PROGRAM DEVELOPMENT, BRANDING, MARKETING, ENROLLMENT TRACKING, PERSONNEL TRAINING AND SUPERVISION, INVOICING, AND COLLECTION SERVICES RELATED TO THE LKC BEFORE AND AFTER SCHOOL PROGRAMS 0 SCHEDULE L, PART II, LOANS TO AND FROM INTERESTED PERSONS: THE SCHOOL RECEIVES ADVANCES FROM CFE MANAGEMENT GROUP, 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 INTERESTED PERSONS: THE SCHOOL HAS A MANAGEMENT SERVICES AGREEMENT WITH CFE MANAGEMENT GROUP, LLC. THE MEMBERS OF CFE MANAGEMENT GROUP ARE AARON HALE, WILLIAM GREGORY AND THEIR SPOUSES. WILLIAM GREGORY SERVED AS A MEMBER OF THE BOARD OF DIRECTORS AND AS AN OFFICER OF THE SCHOOL UNTIL HIS TERM ENDED IN JULY 2016, AND AARON HALE SERVES AS AN OFFICER OF THE SCHOOL.IN ACCORDANCE WITH THE MANAGEMENT SERVICE AGREEMENT, CFE MANAGEMENT GROUP 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 HAS AN AGREEMENT FOR SUBSTITUTE TEACHERS WITH LEGACY TRADITIONAL SCHOOLS. WILLIAM GREGORY SERVES AS A MEMBER OF THE BOARD OF DIRECTORS AND AS AN OFFICER OF LEGACY TRADITIONAL SCHOOLS UNTIL HIS TERM ENDED IN JULY 2016, AND AARON HALE SERVES AS AN OFFICER OF LEGACY TRADITIONAL SCHOOLS. SCHEDULE L, PART IV, BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS: THE SCHOOL CONTRACTED PROVESTUS DEVELOPMENT SOLUTIONS LLC TO PERFORM DEVELOPMENT SERVICES RELATED TO CONSTRUCTION IN PROGRESS. THE OWNERS OF PROVESTUS DEVELOPMENT SOLUTIONS LLC ARE AARON HALE, WILLIAM GREGORY AND THEIR SPOUSES. WILLIAM GREGORY SERVED AS A MEMBER OF THE BOARD OF DIRECTORS AND AS AN OFFICER OF THE SCHOOL UNTIL HIS TERM ENDED IN JULY 2016, AND AARON HALE SERVES AS AN OFFICER OF THE SCHOOL. 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. WILLIAM GREGORY, THE ORGANIZATION'S SECRETARY AND VICE PRESIDENT THROUGH JULY 2016, AARON HALE, TREASURER, AND BRANDON JONES, CEO, HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 3 THE SCHOOL HAD A MANAGEMENT SERVICES AGREEMENT WITH CFE MANAGEMENT GROUP, LLC. IN ACCORDANCE WITH THE MANAGEMENT SERVICE AGREEMENT, CFE MANAGEMENT GROUP 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 HAD AN AGREEMENT WITH CFE MANAGEMENT GROUP FOR PROGRAM DEVELOPMENT, BRANDING, MARKETING, ENROLLMENT TRACKING, PERSONNEL TRAINING AND SUPERVISION, INVOICING, AND COLLECTION SERVICES RELATED TO THE LKC BEFORE AND AFTER SCHOOL PROGRAMS. 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 ORGANIZATION 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 VI, SECTION C, LINE 17: EDUCATIONAL ORGANIZATIONS EXEMPT UNDER ARS SECTION 43-1201(4) ARE NOT REQUIRED TO FILE A COPY OF THEIR FEDERAL FORM 990 WITH THE STATE OF ARIZONA. 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 3201 S GILBERT RD BLDG A CHANDLER AZ 852865193 300681275 SCHOOL AZ 501(C)(3) LINE 2 N/A 0 LEGACY TRADITIONAL SCHOOL - GILBERT 3201 S GILBERT RD BLDG A CHANDLER AZ 852865193 461849277 SCHOOL AZ 501(C)(3) LINE 2 N/A 0 LEGACY TRADITIONAL SCHOOL - LAVEEN 3201 S GILBERT RD BLDG A CHANDLER AZ 852865193 611678903 SCHOOL AZ 501(C)(3) LINE 2 N/A 0 LEGACY TRADITIONAL SCHOOLS 3201 S GILBERT RD BLDG A CHANDLER AZ 852865193 460641842 SCHOOL SUPPORT AZ 509(A)(3) LINE 12B, II N/A 0 LEGACY TRADITIONAL SCHOOL - CASA GRANDE 3201 S GILBERT RD BLDG A CHANDLER AZ 852865193 472185410 SCHOOL AZ 501(C)(3) LINE 2 N/A 0 LEGACY TRADITIONAL SCHOOL - NORTHWEST TUCSON 3201 S GILBERT RD BLDG A CHANDLER AZ 852865193 352408563 SCHOOL AZ 501(C)(3) LINE 2 N/A 0 LEGACY TRADITIONAL SCHOOL - QUEEN CREEK 3201 S GILBERT RD BLDG A CHANDLER AZ 852865193 472193028 SCHOOL AZ 501(C)(3) LINE 2 N/A 0 LEGACY TRADITIONAL SCHOOL - SURPRISE 3201 S GILBERT RD BLDG A CHANDLER AZ 852865193 472207406 SCHOOL AZ 501(C)(3) LINE 2 N/A 0 LEGACY TRADITIONAL SCHOOL - NORTH CHANDLER 3201 S GILBERT RD BLDG A CHANDLER AZ 852865193 472240777 SCHOOL AZ 501(C)(3) LINE 2 N/A 0 LEGACY TRADITIONAL SCHOOL - PEORIA 3201 S GILBERT RD BLDG A CHANDLER AZ 852865193 812350661 SCHOOL AZ 501(C)(3) LINE 2 N/A 0 LEGACY TRADITIONAL SCHOOL - GLENDALE 3201 S GILBERT RD BLDG A CHANDLER AZ 852865193 475382849 SCHOOL AZ 501(C)(3) LINE 2 N/A 0 LEGACY TRADITIONAL SCHOOL - EAST MESA 3201 S GILBERT RD BLDG A CHANDLER AZ 852865193 821503382 SCHOOL AZ 501(C)(3) LINE 2 N/A 0 LEGACY TRADITIONAL SCHOOL - PHOENIX 3201 S GILBERT RD BLDG A CHANDLER AZ 852865193 821928006 SCHOOL AZ 501(C)(3) LINE 2 N/A 0 LEGACY TRADITIONAL SCHOOL - MARICOPA 3202 S GILBERT RD BLDG A CHANDLER AZ 852865193 270637575 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