LEGACY PREPARATORY ACADEMY (EIN 593810621) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

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

2005

Legal Domicile

Principal Officer

JOHN COOK

Phone

8012942801

Tax Period

2024-07-01 to 2025-06-30

LEGACY PREPARATORY ACADEMY, founded in 2005, is a mid-sized nonprofit in the Education sector that reported $12.0M in total revenue in fiscal year 2024. Expenses of $10.8M left a modest 10% surplus.

Mission

THE EDUCATION OF STUDENTS GRADES K-9.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $11,272,421

Program Service Revenue $370,159

Investment Income $365,959

Other Revenue $11,155

TOTAL REVENUE $12,019,694

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $7,571,580

Other Expenses $10,806,807

TOTAL EXPENSES $10,806,807

Year-over-Year Comparison

	2024	2023	Change
Revenue	$12,019,694	$11,161,628	+0.1%
Expenses	$10,806,807	$10,496,685	+0.0%
Net Income	$1,212,887	$664,943	+0.8%

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

N/A

Volunteers

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
JOHN COOK	PRESIDENT	2.00	Officer Director	$0	$0	$0
LARA MURPHY	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
AIMEE HINOJOSA	SECRETARY	2.00	Officer Director	$0	$0	$0
ALISHA JOHNSON	TREASURER	2.00	Officer Director	$0	$0	$0
DAVID RAY	BOARD MEMBER	2.00	Director	$0	$0	$0
LEE PETERSEN	BOARD MEMBER	2.00	Director	$0	$0	$0
SANDY MCCLEVE	BOARD MEMBER	2.00	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	$12,019,694	$10,806,807	$32,644,158	$1,212,887
2024	$11,161,628	$10,496,685	$31,927,273	$664,943
2023	$9,360,799	$9,174,491	$31,998,007	$186,308
2022	$9,927,655	$9,071,580	$32,366,265	$856,075
2021	$8,923,520	$7,585,535	$20,917,956	$1,337,985
2020	$8,694,182	$7,562,818	$21,111,154	$1,131,364
2019	$8,286,740	$7,182,478	$19,699,339	$1,104,262
2018	$7,786,940	$6,937,281	$19,563,220	$849,659

LEGACY PREPARATORY ACADEMY