Legacy Academy of Excellence (EIN 871618271) - 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

2021

Legal Domicile

Principal Officer

Terry Stephens II

Phone

6149277420

Tax Period

2023-07-01 to 2024-06-30

Legacy Academy of Excellence, founded in 2021, is a community nonprofit in the Education sector that reported $2.2M in total revenue in fiscal year 2023. Revenue surged 100% from the prior year, signaling strong growth momentum.

Mission

It is the mission of Legacy Academy of Excellence to make every childs potential a reality by engaging and empowering families and communities to advocate for all children.

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,188,973

Program Service Revenue $0

Investment Income $2,895

Other Revenue $0

TOTAL REVENUE $2,191,868

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,002,666

Fundraising Expenses $0

Program Expenses $1,978,785

Other Expenses $1,158,504

TOTAL EXPENSES $2,161,170

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,191,868	$1,095,270	+1.0%
Expenses	$2,161,170	$1,123,461	+0.9%
Net Income	$30,698	$-28,191	-2.1%

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

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
Terry Stepens II	President	0.50	Officer Director	$0	$0	$0
Seneca Ridley Turner	Director	0.50	Director	$0	$0	$0
Amber Hill	Director	0.50	Director	$0	$0	$0
Shalonda Davis	Secretary	0.50	Director	$0	$0	$0
Ayanna Bennett	Director	0.50	Director	$0	$0	$0
Shaundretta Boykin	Director	0.50	Director	$0	$0	$0
Emmanuel Anthony	CEO	40.00	Officer	$0	$0	$0
Joseph Crawfis	Treasurer	10.00	Officer	$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	No data	No data	No data	No data
2024	$2,191,868	$2,161,170	$1,443,124	$30,698
2023	$1,095,270	$1,123,461	$157,568	$-28,191

Legacy Academy of Excellence