LEGACY CHRISTIAN ACADEMY INC (EIN 271919413) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2010

Legal Domicile

Principal Officer

ANITA CLOUNCH

Tax Period

2022-01-01 to 2022-12-31

LEGACY CHRISTIAN ACADEMY INC, founded in 2010, is a small nonprofit that reported $197K in total revenue in fiscal year 2018. Revenue fell 20% from the prior year — a significant decline worth monitoring.

Mission

CHRISTIAN SCHOOLPROVIDING EXCELLENT EDUCATION ALTERNATIVES

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $8,342

Program Service Revenue $56,986

Investment Income $454

Other Revenue $22,104

TOTAL REVENUE $87,886

Expense Breakdown

Grants Paid $0

Salaries & Benefits $125,795

Fundraising Expenses $0

Program Expenses $128,662

Other Expenses $78,807

TOTAL EXPENSES $204,602

Year-over-Year Comparison

	2022	2021	Change
Revenue	$87,886	$247,888	-0.6%
Expenses	$204,602	$223,254	-0.1%
Net Income	$-116,716	$24,634	-5.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✓ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SCOTT PENNY	DIRECTOR	0.50	Director	$0	$0	$0
BRYAN MCINTYRE	DIRECTOR	0.50	Director	$0	$0	$0
CANDY JOHNSON	DIRECTOR	0.50	Director	$0	$0	$0
TIM AKERS	DIRECTOR	0.50	Director	$0	$0	$0
MITCHELL SEAY	DIRECTOR	0.50	Director	$0	$0	$0
DAVID MCKELVEY	DIRECTOR	0.50	Director	$0	$0	$0
DAVID SMITH	DIRECTOR	0.50	Director	$0	$0	$0
WILL GALLAGHER	DIRECTOR	0.50	Director	$0	$0	$0
LARRY AYERS	DIRECTOR	0.50	Director	$0	$0	$0
ANITA CLOUNCH	Educational AdministratorPri	40.00	Officer Key Emp	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2022	$87,886	$204,602	No data	$-116,716
2021	$247,888	$223,254	$121,508	$24,634
2020	$238,617	$142,952	$96,169	$95,665
2019	$199,390	$227,747	$1,515	$-28,357
2018	$197,039	$215,454	$29,501	$-18,415

LEGACY CHRISTIAN ACADEMY INC