LEGACY21 INC

EIN: 274013601 501(c)(3) Education

MESQUITE, TX

Total Revenue
$15,535,995
Total Expenses
$17,351,101
Total Assets
$34,093,414
Net Assets
$-20,748
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
TX
Principal Officer
STACI WEAVER
Phone
4692491099
Tax Period
2024-09-01 to 2025-08-31

LEGACY21 INC, founded in 2010, is a mid-sized nonprofit in the Education sector that reported $15.5M in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year. Expenses of $17.4M exceeded revenue, resulting in a 12% operating deficit.

Mission

The vision of Legacy Preparatory Charter Academy is that all LPCA schools will serve as a model school of excellence, addressing the needs of all school community stakeholders. The mission of Legacy Preparatory Charter Academy is to prepare all scholars to be college and career ready by giving them ownership of their own learning through the development of intellectual and emotional independence while instilling the values needed to propel them into becoming successful 21st century leaders.

Program Service Accomplishments

Program 1
Expenses: $14,232,067 Revenue: $367,386

ACADEMIC PROGRAM-LEGACY PREPARATORY IS A STATE ACCREDITED CHARTER SCHOOL DISTRICT THAT OPERATES KINDERGARTEN THROUGH 12TH GRADE. LEGACY OFFERS AN INNOVATIVE APPROACH TO INSTRUCTION AND CULTURE BY...

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ACADEMIC PROGRAM-LEGACY PREPARATORY IS A STATE ACCREDITED CHARTER SCHOOL DISTRICT THAT OPERATES KINDERGARTEN THROUGH 12TH GRADE. LEGACY OFFERS AN INNOVATIVE APPROACH TO INSTRUCTION AND CULTURE BY PROVIDING ITS STUDENTS WITH THE SMART USE OF TECHNOLOGY AND UNLIMITED ACCESS TO ONLINE RESOURCE SUPPORT. WITH THE LATEST IN COLLABORATIVE LEARNING TECHNOLOGY, LEGACY IS LASER FOCUSED ON ONE THING: TO PREPARE STUDENTS FOR A COLLEGE AND CAREER-READY FUTURE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $15,009,535
Program Service Revenue $367,386
Investment Income $159,074
Other Revenue $0
TOTAL REVENUE $15,535,995

Expense Breakdown

Grants Paid $0
Salaries & Benefits $10,773,539
Fundraising Expenses $0
Program Expenses $14,232,067
Other Expenses $6,577,562
TOTAL EXPENSES $17,351,101

Year-over-Year Comparison

2024 2023 Change
Revenue $15,535,995 $18,340,461 -0.2%
Expenses $17,351,101 $20,560,473 -0.2%
Net Income $-1,815,106 $-2,220,012 -0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Governance

Voting Members
5
Independent Members
5
Employees
200
Volunteers
100

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
4
$348,361
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STACI WEAVER SUPERINTENDENT 60.00
Officer
$200,216 $12,403 $212,619
ANGELA WILLIS ASST. SUPERINT. 60.00
Officer
$135,742 $0 $135,742
MARIA FERNANDEZ SENIOR DIRECTOR 55.00
$118,278 $0 $118,278
MARY KAHAMA FED FUNDS OFF 55.00
$112,652 $0 $112,652
SANDRA VROMAN SR. DIRECTOR 55.00
$110,272 $0 $110,272
BRANDI BRALEY DIRECTOR 55.00
$107,646 $0 $107,646
ANGELA HUMPHREY DIRECTOR 55.00
$105,338 $0 $105,338
BYRON RICKS BOARD PRESIDENT 1.00
Officer Director
$0 $0 $0
VINCE VITTATOE Secretary 1.00
Officer Director
$0 $0 $0
GARY CARY BOARD MEMBER 1.00
Director
$0 $0 $0
RAMIL PAREDES BOARD MEMBER 1.00
Director
$0 $0 $0
JENNIFER ALEMAN SALAZAR BOARD MEMBER 1.00
Director
$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
2025 $15,535,995 $17,351,101 $34,093,414 $-1,815,106
2024 $18,340,461 $20,560,473 $36,474,367 $-2,220,012
2023 $20,437,215 $20,705,713 $39,524,618 $-268,498
2022 $20,667,864 $20,084,091 $40,073,655 $583,773
2021 $19,212,915 $17,937,749 $40,270,776 $1,275,166
2020 $17,941,832 $18,430,705 $40,681,015 $-488,873
2019 $14,933,581 $15,363,008 $40,906,444 $-429,427
2018 $14,052,263 $12,823,553 $40,741,591 $1,228,710
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