CHRISTIAN EDUCATION LEGACY FUND (EIN 861009951) - 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

2000

Legal Domicile

Principal Officer

STEPHEN WILLIAMS

Phone

6029925100

Tax Period

2024-07-01 to 2025-06-30

CHRISTIAN EDUCATION LEGACY FUND, founded in 2000, is a community nonprofit in the Education sector that reported $1.3M in total revenue in fiscal year 2024. Revenue fell 49% from the prior year — a significant decline worth monitoring. Expenses of $3.6M exceeded revenue, resulting in a 169% operating deficit.

Mission

TO PROVIDE SUPPORTING SERVICES TO SCOTTSDALE CHRISTIAN ACADEMY, INC.

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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 $258,048

Program Service Revenue $1,019,300

Investment Income $72,461

Other Revenue $-2,373

TOTAL REVENUE $1,347,436

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $785

Program Expenses $3,442,766

Other Expenses $3,621,738

TOTAL EXPENSES $3,621,738

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,347,436	$2,641,096	-0.5%
Expenses	$3,621,738	$1,170,796	+2.1%
Net Income	$-2,274,302	$1,470,300	-2.5%

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

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
ALLEN LORENZI	MEMBER	1.00	Director	$0	$0	$0
KEN DEMARCHAIS	TREASURER/SECRETARY	1.00	Officer Director	$0	$0	$0
KEEGAN HEALEY	MEMBER	1.00	Director	$0	$0	$0
BRAD RICHARDSON	MEMBER	1.00	Director	$0	$0	$0
JOSH SANDBERG	PRESIDENT	1.00	Officer Director	$0	$0	$0
KIM MYREN	MEMBER	1.00	Director	$0	$0	$0
BARB WHITEHEAD	MEMBER	1.00	Director	$0	$0	$0
JORDAN THIESSEN	MEMBER	1.00		$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	$1,347,436	$3,621,738	$19,428,913	$-2,274,302
2024	$2,641,096	$1,170,796	$19,356,011	$1,470,300
2023	$2,131,223	$2,785,570	$14,417,646	$-654,347
2022	$5,117,574	$2,065,937	$14,678,397	$3,051,637
2021	$547,584	$1,086,103	$10,363,628	$-538,519
2020	$610,644	$1,152,057	$10,677,850	$-541,413
2019	$5,861,384	$1,050,712	$11,205,256	$4,810,672
2018	$677,604	$766,233	$6,379,506	$-88,629

CHRISTIAN EDUCATION LEGACY FUND