Legacy Traditional School- Avondale Inc
- Assets
- $23.0m
- Revenue
- $12.1m
- Investments
- $0.0
- Employees
- 154
- Location
- Chandler, AZ
- Founding
- 08/2013
- Data as of
- 06/2021
- EIN
- 32-0339504
Organization Overview
Legacy Traditional School- Avondale Inc is located in Chandler, AZ. The organization was established in 2013. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2021, Legacy Traditional School- Avondale Inc employed 154 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Legacy Traditional School- Avondale Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Legacy Traditional School- Avondale Inc generated $12.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $10.8m during the year ending 06/2021. While expenses have increased by 6.1% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE MOTIVATED STUDENTS WITH THE OPPORTUNITY TO ACHIEVE ACADEMIC EXCELLENCE IN AN ACCELERATED, BACK-TO-BASICS, SAFE LEARNING ENVIRONMENT TAUGHT BY CARING, KNOWLEDGEABLE, AND HIGHLY EFFECTIVE EDUCATORS IN COOPERATION WITH SUPPORTIVE, INVOLVED PARENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING THE CURRENT YEAR, THE ORGANIZATION PROVIDED HIGH QUALITY EDUCATIONAL SERVICES TO APPROXIMATELY 1,360 STUDENTS IN KINDERGARTEN THROUGH 8TH GRADE AT ITS CAMPUS IN AVONDALE, ARIZONA. THOSE STUDENTS EXPERIENCED A WELL-ROUNDED EDUCATION THAT INCLUDED READING, WRITING, MATHEMATICS, SCIENCE, SOCIAL STUDIES, HISTORY, MUSIC, ART, AND PHYSICAL EDUCATION, AS WELL AS EXTRACURRICULAR ACTIVITIES INCLUDING ATHLETICS, CLUBS, FIELD TRIPS, AND DAILY TUTORING.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Heather Jones Treasurer | OfficerTrustee | 1 | $0 |
Diego Gettler President | OfficerTrustee | 1 | $0 |
Jenni Ferrin Secretary | OfficerTrustee | 1 | $0 |
Jim Beaudoin Director | Trustee | 1 | $0 |
Cory Theobold Director "resigned 10/01/2020" | Trustee | 1 | $0 |
Kathy Senseman Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Vertex Education Llc Management Fees | 6/29/19 | $1,471,179 |
Modular Solutions Ltd Construction Management Services | 6/29/19 | $398,535 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $11,843,037 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,549 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,850,586 |
| Total Program Service Revenue | $223,613 |
| Investment income | $26,134 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,125,697 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,969,056 |
| Pension plan accruals and contributions | $94,000 |
| Other employee benefits | $431,128 |
| Payroll taxes | $371,679 |
| Fees for services: Management | $1,963,280 |
| Fees for services: Legal | $2,674 |
| Fees for services: Accounting | $15,499 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $215,756 |
| Advertising and promotion | $22,501 |
| Office expenses | $536,734 |
| Information technology | $132,057 |
| Royalties | $0 |
| Occupancy | $161,312 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,107,416 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $588,787 |
| Insurance | $30,432 |
| All other expenses | $17,548 |
| Total functional expenses | $10,806,640 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,767,109 |
| Savings and temporary cash investments | $2,797,806 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $436,368 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,081,297 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $14,801 |
| Net Land, buildings, and equipment | $12,945,869 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $23,043,250 |
| Accounts payable and accrued expenses | $1,371,928 |
| Grants payable | $0 |
| Deferred revenue | $25,307 |
| Tax-exempt bond liabilities | $16,357,112 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $5,222 |
| Secured mortgages and notes payable | $30,734 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,253 |
| Total liabilities | $17,793,556 |
| Net assets without donor restrictions | $5,249,694 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $23,043,250 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Legacy Traditional School- Avondale Inc has recieved totaling $234.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $234 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Francis Parker School San Diego, CA | $194,908,820 | $57,687,551 |
La Jolla Country Day School La Jolla, CA | $114,865,046 | $46,001,052 |
Sierra Canyon High School Foundation Chatsworth, CA | $85,774,367 | $48,990,674 |
St Margaret Of Scotland Episcopal School San Juan Capistrano, CA | $134,064,500 | $40,914,385 |
Polytechnic School Pasadena, CA | $171,943,339 | $44,872,252 |
Robert Louis Stevenson School Pebble Beach, CA | $122,648,077 | $40,501,209 |
Head-Royce School Oakland, CA | $139,836,677 | $50,710,547 |
Leman Academy Of Excellence Inc Tucson, AZ | $127,912,652 | $38,356,100 |
San Domenico School San Anselmo, CA | $70,945,076 | $41,031,926 |
Alexander Dawson Foundation Las Vegas, NV | $318,582,392 | $50,508,481 |
Buckley School Sherman Oaks, CA | $161,147,758 | $37,463,452 |
The High Desert Partnership In Academic Excellence Foundation Inc Apple Valley, CA | $122,407,472 | $39,911,807 |