LEGACY COLLEGE PREPARATORY CHARTER SCHOOL (EIN 812984627) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2016

Legal Domicile

Principal Officer

SUMMER SCHNEIDER

Phone

3477461558

Tax Period

2024-07-01 to 2025-06-30

LEGACY COLLEGE PREPARATORY CHARTER SCHOOL, founded in 2016, is a mid-sized nonprofit in the Education sector that reported $20.4M in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year.

Mission

THROUGH RIGOROUS ACADEMIC INSTRUCTION, VALUES-BASED CHARACTER DEVELOPMENT, AND THE PURSUIT OF AMBITIOUS GOALS, LEGACY COLLEGE PREPARATORY CHARTER SCHOOL ENSURES ALL STUDENTS IN GRADES SIX THROUGH TWELVE ARE PREPARED TO GRADUATE FROM COLLEGE, ACCESS PROFESSIONAL OPPORTUNITIES, AND BUILD A POSITIVE LEGACY FOR FUTURE GENERATIONS.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $4,913,079

Program Service Revenue $15,416,698

Investment Income $96,750

Other Revenue $0

TOTAL REVENUE $20,426,527

Expense Breakdown

Grants Paid $0

Salaries & Benefits $12,239,882

Fundraising Expenses $0

Program Expenses $19,485,798

Other Expenses $8,229,192

TOTAL EXPENSES $20,469,074

Year-over-Year Comparison

	2024	2023	Change
Revenue	$20,426,527	$22,441,878	-0.1%
Expenses	$20,469,074	$22,198,983	-0.1%
Net Income	$-42,547	$242,895	-1.2%

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

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

150

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

$508,665

Total Directors

Key Employees

$212,073

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN SANCHEZ	TRUSTEE	1.00	Director	$0	$0	$0
DAVID CAMPUTO	TRUSTEE	1.00	Director	$0	$0	$0
DOUGLAS TYRONE WASHINGTON	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
JARED PARKER	BOARD TREASURER	2.00	Officer Director	$0	$0	$0
MICHAEL RATIKER	TRUSTEE	1.00	Director	$0	$0	$0
DAVID BORSACK	BOARD SECRETARY	1.00	Officer Director	$0	$0	$0
RYAN BRAND	TRUSTEE	1.00	Director	$0	$0	$0
LAUREN GIOVANNITTI	TRUSTEE	1.00	Director	$0	$0	$0
AMY ABRAHAM	TRUSTEE	1.00	Director	$0	$0	$0
TRACEY KELLY	TRUSTEE	1.00	Director	$0	$0	$0
PORCHE COX	TRUSTEE	1.00	Director	$0	$0	$0
SUMMER SCHNEIDER	EXECUTIVE DIRECTOR	40.00	Officer	$262,152	$10,271	$272,423
MARIA VAZ	CHIEF FINANCIAL OFFICER	40.00	Officer	$225,783	$10,459	$236,242
CHRISTIAN A TOLEDO	PRINCIPAL	40.00	Key Emp	$199,071	$13,002	$212,073
RAUL A RIVERA	ELECTIVE TEACHER	40.00	Highest	$139,081	$9,629	$148,710
CHARMAINE SANCHEZ	DIRECTOR OF STUDENT SUPPOR	40.00	Highest	$148,069	$31,091	$179,160
LONG K TRAN	ASSISTANT PRINCIPAL HS	40.00	Highest	$128,519	$32,685	$161,204
ELIZABETH MALDONADO	DIRECTOR OF OPERATIONS	40.00	Highest	$123,959	$13,286	$137,245
NICOLE L HOLNESS	DIRECTOR OF MARKETING AND RECRUITMENT	40.00	Highest	$125,877	$5,854	$131,731

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	$20,426,527	$20,469,074	$34,793,659	$-42,547
2024	$22,441,878	$22,198,983	$40,629,670	$242,895
2023	$19,572,300	$20,154,817	$78,684,396	$-582,517
2022	$18,106,801	$16,491,990	$6,488,313	$1,614,811
2021	$13,018,095	$11,030,920	$4,715,723	$1,987,175
2020	$9,014,438	$8,483,050	$2,973,484	$531,388
2019	$6,267,027	$5,738,630	$1,714,017	$528,397

LEGACY COLLEGE PREPARATORY CHARTER SCHOOL