Legacy Christian School
- Assets
- $11.7m
- Revenue
- $4.1m
- Investments
- $0.0
- Employees
- 70
- Location
- Grand Rapids, MI
- Founding
- 01/1978
- Data as of
- 07/2023
- EIN
- 38-1398859
Organization Overview
Legacy Christian School is located in Grand Rapids, MI. The organization was established in 1978. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 07/2023, Legacy Christian School employed 70 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Legacy Christian School 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 07/2023, Legacy Christian School generated $4.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $3.6m during the year ending 07/2023. While expenses have increased by 4.5% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE LEGACY CHRISTIAN SCHOOL FAMILY ENDOWS THE NEXT GENERATION WITH A THOROUGHLY BIBLICAL EDUCATION EXPERIENCE, AND SEEKS TO NURTURE STUDENTS INTO BECOMING CHRIST FOLLOWERS AND KINGDOM BUILDERS WITH PASSION AND UNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRESCHOOL THROUGH 8TH GRADE PRIMARY SCHOOL SERVING 300 STUDENTS IN CUTLERVILLE, MI
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brad Vanbeek Administrator | Officer | 50 | $84,615 |
Jay Morren President | Officer | 5 | $0 |
Danielle Mier Vice President | Officer | 8 | $0 |
Jim Ponstein Treasurer | Officer | 4 | $0 |
Melissa Ouwinga Secretary | Officer | 3 | $0 |
Cinda Wilson Vicar | Officer | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,842,735 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,842,735 |
| Total Program Service Revenue | $1,997,004 |
| Investment income | $75,220 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $21,750 |
| Net Gain/Loss on Asset Sales | -$13,882 |
| Net Income from Fundraising Events | $160,476 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,083,303 |
| 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. | $84,615 |
| Compensation of current officers, directors, key employees. | $84,615 |
| Compensation to disqualified persons | $1,720,787 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $219,818 |
| Other employee benefits | $329,200 |
| Payroll taxes | $123,933 |
| Fees for services: Management | $12,061 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $11,638 |
| Fees for services: Other | $0 |
| Advertising and promotion | $16,584 |
| Office expenses | $303,797 |
| Information technology | $31,023 |
| Royalties | $0 |
| Occupancy | $165,613 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $451,201 |
| Insurance | $31,628 |
| All other expenses | $0 |
| Total functional expenses | $3,611,693 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $517,863 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $169,099 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $8,574,055 |
| Investments—publicly traded securities | $2,428,993 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $11,690,010 |
| Accounts payable and accrued expenses | $2,000 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,000 |
| Net assets without donor restrictions | $0 |
| 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 | $11,688,010 |
| Total liabilities and net assets/fund balances | $11,690,010 |