2026-01-27T08:57:07-06:00 2025-06-30 332621854 CRI CAPIN CROUSE ADVISORS LLC 345 MASSACHUSETTS AVE STE 300 INDIANAPOLIS IN 46204 990 2024-07-01 202693047 LEGACY PREPARATORY CHRISTIAN ACADEMY LEGA 9363372000 9768 RESEARCH FOREST DRIVE THE WOODLANDS TX 77354 TERRY HARGUS BOARD CHAIRMAN 9363372000 2026-01-27 1 0 ANDREA SALAMY P00705827 5055022746 2026-01-27 2024 2025-03-06 01:10:19Z AUDRA MAY 9768 RESEARCH FOREST DRIVE THE WOODLANDS TX 77354 27608749 0 X WWW.LEGACYPCA.ORG X 2005 TX PROVIDE COLLEGE PREPARATORY EDUCATION FOR PREK-12TH GRADE STUDENTS. 7 6 199 504 0 0 576697 15658591 8385125 9543869 87992 161371 42896 27662 9092710 25391493 937678 1071140 0 0 4008402 4764783 0 0 23852 3020290 3314064 7966370 9149987 1126340 16241506 18895795 34700539 8969483 8532721 9926312 26167818 X THE MISSION OF LPCA IS:- TO PARTNER WITH PARENTS WHO ARE DEDICATED TO HELPING THEIR CHILDREN BECOME COLLEGE-WORTHY, CHARACTER WITNESSES OF CHRIST.(CONTINUED ON SCH. O)(CONTINUED FROM PART III)- TO FOSTER AN ENVIRONMENT THAT ALLOWS PARENTS TO PASS ON THEIR "LEGACY" OF FAITH VIA THE TIME THAT A UNIVERSITY MODEL SCHEDULE RETURNS TO THE FAMILY. - TO SUPPORT THE DEVELOPMENT OF A BIBLICAL WORLDVIEW SO THAT EACH CHILD IS CONFIDENT IN WHAT THEY BELIEVE AND IS ABLE TO DEFEND THEIR FAITH IN LOVE, BOLDLY AND UNASHAMEDLY.- TO HELP STUDENTS ENTER THE COLLEGE OF THEIR CHOICE WITH THE KNOWLEDGE, SKILL SETS, AND PREPAREDNESS TO EXCEL IN TODAY'S COLLEGE ENVIRONMENT. 0 0 7105315 1071140 8802400 LEGACY IS A PK-12 PRIVATE UNIVERSITY MODEL CHRISTIAN SCHOOL WITH AN ENROLLMENT OF APPROXIMATELY 780 STUDENTS. LEGACY'S STUDENTS BENEFIT FROM SMALL CLASSROOM SIZES TAUGHT BY CERTIFIED TEACHERS. THEY CONSISTENTLY OUTPERFORM THE NATIONAL AVERAGE IN EVERY CATEGORY OF THE IOWA STANDARDIZED TEST AS WELL AS THE PSAT EXAM. STARTING IN MIDDLE SCHOOL, STUDENTS TAKE DISCIPLESHIP CLASSES, WITH A CURRICULUM FOCUSED ON STRENGTHENING THE FOUNDATIONS OF THEIR FAITH AND BEING ABLE TO SHARE AND DEFEND IT. GRADUATES HAVE BEEN ACCEPTED, HAVE RECEIVED SCHOLARSHIPS, AND ARE ATTENDING MAJOR UNIVERSITIES. 485189 298144 LEGACY OFFERS ATHLETIC PROGRAMS FOR STUDENTS IN 5TH-12TH GRADE AND COMPETES IN UP TO 10 SPORTS IN THE TAPPS LEAGUE. LEGACY'S ATHLETIC TEAMS REGULARLY ADVANCE TO PLAYOFF GAMES. LEGACY'S SMALL SIZE ALLOWS MOST STUDENTS TO PARTICIPATE IN MULTIPLE SPORTS WITH 75% OF MIDDLE AND HIGH SCHOOL STUDENTS PARTICIPATING IN AT LEAST ONE SPORT. THE ATHLETIC PROGRAM CONTINUES TO GROW IN PARTICIPATION AND SPORT OFFERINGS. 328076 467682 LEGACY OFFERS SEVERAL STUDENT ACTIVITIES PROGRAMS. THE THEATER ARTS PROGRAM IS OPEN TO 3RD-12TH GRADE STUDENTS AND CONDUCTS TWO PERFORMANCES PER YEAR. LEGACY'S STUDENTS ALSO PARTICIPATE IN ORCHESTRA, DRILL TEAM, DRUMLINE, CHEER, NATIONAL HONOR SOCIETY, SCRIPPS SPELLING BEE, NOETIC MATH COMPETITION, AMERICAN MATH COMPETITIONS, AND FIRST ROBOTICS COMPETITION. LEGACY ALSO OFFERS A HOT LUNCH PROGRAM TO STUDENTS OF ALL GRADE LEVELS. 7918580 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 33 0 1 199 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 6 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 0 0 X TERRY HARGUS 9363372000 9768 RESEARCH FOREST DRIVE THE WOODLANDS TX 77354 CASEY CLARK BOARD MEMBER 8.00 X 8840 0 5288 TERRY HARGUS CHAIRMAN 2.00 X X 0 0 0 JEREMY LOCHTE SECRETARY 2.00 X X 0 0 0 CHAD JOLLEY TREASURER 2.00 X X 0 0 0 DAN CONDLEY BOARD MEMBER 2.00 X 0 0 0 BRENNAN ZAUNBRECHER BOARD MEMBER 2.00 X 0 0 0 RICHARD GRIMES BOARD MEMBER 2.00 X 0 0 0 AUDRA MAY HEAD ADMINISTRATOR 40.00 X 154344 0 0 163184 0 5288 1 0 1 0 STUDIO RED ARCHITECTS 1320 MCGOWEN ST HOUSTON TX 77004 ARCHITECTURAL DESIGN 798731 1 15658591 12478 15658591 TUITION & FEES 611110 8802400 8802400 OTHER PROGRAM REVENUE 900099 443325 443325 ATHLETICS 611620 298144 298144 9543869 161371 161371 62817 62103 714 714 714 2111604 2111604 0 0 67906 43549 24357 24357 2591 2591 2591 25391493 9568226 0 164676 1071140 1071140 173937 147275 26123 539 890 890 4180937 3519324 648233 13380 55585 46791 8616 178 353434 297516 54787 1131 1254 1254 25161 25161 30764 9140 21589 35 17628 17628 136601 104049 32157 395 132927 111897 20605 425 511619 445910 64380 1329 17923 15088 2778 57 268119 225647 41615 857 722794 608438 112043 2313 84490 71123 13097 270 ATHLETIC EXPENSES 485189 485189 CURRICULUM & SUPPLIES 373282 373282 FINE ARTS 211250 211250 OTHER CLASS/ELECTIVE EX 116826 116826 178237 57805 117489 2943 9149987 7918580 1207555 23852 754807 51504 249794 7584216 149442 7616084 6667 24701 21952 107203 122032 21792994 4046294 16172673 17746700 1436392 1489112 18817 44238 18895795 34700539 567491 429985 14667 8373682 7437683 13643 665053 8969483 8532721 X 9661951 10722407 264361 15445411 9926312 26167818 18895795 34700539 16241506 0 X 0 1 X 1 0 X 2130757 823070 666121 576697 15658591 19855236 2130757 823070 666121 576697 15658591 19855236 1012171 18843065 64825 59528 81175 145325 224188 575041 913 436 175 5811 2591 9926 20440203 35163268 0.92190 0.78790 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2020 AMOUNT: $ 913. 2021 AMOUNT: $ 436. 2022 AMOUNT: $ 175. 2023 AMOUNT: $ 5,811. 2024 AMOUNT: $ 2,591. SCHEDULE A, PART II THE ORGANIZATION IS A SCHOOL AS DESCRIBED UNDER 170(B)(1)(A)(II) AND IS NOT REQUIRED TO COMPLETE A PUBLIC SUPPORT SCHEDULE. SCHEDULE A, PART II IS COMPLETED TO VERIFY THE SCHOOL CAN QUALIFY UNDER PUBLIC CHARITY STATUS SECTION 170(B)(1)(A)(VI) AND, THEREFORE, QUALIFIES TO USE THE FIRST LISTED SPECIAL RULE FOR SCHEDULE B REPORTING. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2727219 2727219 15186506 3035012 12151494 57574 57574 0 1396543 852750 543793 2425152 100958 2324194 17746700 CONSTRUCTION LIABILITIES 621010 FINANCE LEASE LIABILITIES 44043 665053 24322350 105652 105652 24216698 1174795 1174795 25391493 8080844 105652 105652 7975192 1174795 1174795 9149987 PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 62,103. COST OF GOODS SOLD 43,549. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 1,076,540. BAD DEBT EXPENSE 98,255. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 62,103. COST OF GOODS SOLD 43,549. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 1,076,540. BAD DEBT EXPENSE 98,255. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL'S NONDISCRIMINATORY POLICY IS FEATURED PROMINENTLY ON THE SCHOOL'S HOMEPAGE OF ITS WEBSITE (WWW.LEGACYPCA.ORG) AT ALL TIMES DURING THE TAX YEAR IN A MANNER REASONABLY EXPECTED TO BE NOTICED BY VISITORS. IT IS ALSO PROVIDED IN THE FAMILY HANDBOOK IN SECTION II, ADMISSION POLICIES (ALSO AVAILABLE ON THE WEBSITE). 1 TUITION DISCOUNTS 573 955711 FINANCIAL AID 30 115429 PART I, LINE 2: LEGACY PREP OFFERS TUITION DISCOUNTS TO FACULTY AND STAFF AS WELL AS DISCOUNTS FOR NON-STAFF FAMILIES WITH MULTIPLE SIBLINGS. THE SCHOOL OFFERS FINANCIAL AID, USING FINANCIAL AID SOFTWARE FROM FAST (FINANCIAL AID FOR SCHOOL TUITION) TO DETERMINE FINANCIAL ELIGIBILITY. FAST COLLECTS ALL REQUIRED INFORMATION AND RECOMMENDS A FINANCIAL AID AMOUNT TO THE SCHOOL. LEGACY'S POLICY IS TO GRANT AID UP TO 50% OF TUITION; ALL FINAL AID DETERMINATIONS ARE MADE BY THE FINANCIAL AID COMMITTEE. TUITION DISCOUNTS AND FINANCIAL AID AMOUNTS WERE APPLIED DIRECTLY TO STUDENT ACCOUNTS. NO CASH CHANGES HANDS. X X 0 0 0 0 0 0 0 1 0 AUDRA MAY HEAD ADMINISTRATOR 129244 0 25100 0 0 0 0 0 0 0 154344 0 0 0 PART I, LINE 7 THE HEAD ADMINISTRATOR RECEIVED NON-FIXED BONUS COMPENSATION. THE AMOUNT WAS DETERMINED AND APPROVED BY THE BOARD OF DIRECTORS BASED UPON PERFORMANCE REVIEW(S). 24705 TUITION DISCOUNT EDUCATION FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION HAS NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. THEREFORE, THIS LINE WAS ANSWERED NO IN ACCORDANCE WITH THE INSTRUCTIONS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT TAX PREPARER AND IS FIRST REVIEWED IN DETAIL BY THE BUSINESS DIRECTOR AND BOARD FINANCE COMMITTEE. THE 990 IS THEN SHARED WITH THE FULL BOARD FOR APPROVAL PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS AND BOARD MEMBERS SIGN ANNUAL STATEMENTS WHICH ARE REVIEWED BY THE CHAIRMAN. THE CHAIRMAN'S STATEMENT IS REVIEWED BY THE TREASURER. SHOULD ANY POTENTIAL CONFLICTS OF INTEREST BE DISCLOSED, THE BOARD MEMBER OR OFFICER WOULD BE ASKED TO REFRAIN FROM PARTICIPATION IN ANY DELIBERATION OR DECISION WITH REGARD TO MATTERS AFFECTED BY THE RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 15A THE PROCESS OF DETERMINING COMPENSATION OF THE HEAD ADMINISTRATOR INCLUDES A REVIEW AND APPROVAL BY INDEPENDENT MEMBERS OF THE BOARD USING COMPARABILITY DATA, EMPLOYEE PERFORMANCE, AND ORGANIZATION ACHIEVEMENTS. THE NEXT PHASE IS DISCUSSION DURING THE BUDGETING PROCESS. DECISIONS ARE DOCUMENTED IN THE BOARD MINUTES. LINE 15B: THE ORGANIZATION DOES NOT COMPENSATE ANY OTHER OFFICERS OR KEY EMPLOYEES FOR THEIR ROLES AS SUCH. THIS LINE WAS ANSWERED NO IN ACCORDANCE WITH THE INSTRUCTIONS. 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 AT ITS OFFICE.