2024-04-03T21:16:40-05:00 2023-06-30 362938874 OSTROW REISIN BERK & ABRAMS LTD 455 N CITYFRONT PLAZA DR SUITE 1600 CHICAGO IL 60611 990 2022-07-01 264115871 LEGACY ACADEMY OF EXCELLENCE CHARTER SCHOOL LEGA 8159684590 4029 PRAIRIE ROAD ROCKFORD IL 611024501 DR BARBARA FORTE SECRETARY/EXECUTIVE DIRECTOR 8159684590 2024-03-19 1 DR BARBARA FORTE 999009999 0 JAMES G QUAID P00641738 3126707444 2024-03-19 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z DR BARBARA FORTE 4029 PRAIRIE ROAD ROCKFORD IL 611024501 4426222 0 X WWW.LEGACY-ACADEMY.COM X 2009 IL TO INSTILL A LIFELONG PASSION FOR LEARNING WITHIN ALL ITS STUDENTS WHILE ENSURING THAT ALL LEARNERS, REGARDLESS OF ECONOMIC AND SOCIAL BACKGROUND, CAN SUCCEED ACADEMICALLY AND BECOME CONTRIBUTING CITIZENS. 7 5 46 0 0 0 3458624 4245573 152868 180508 0 0 1156 141 3612648 4426222 0 0 0 0 1884410 2131880 0 0 0 1953979 1997340 3838389 4129220 -225741 297002 1691588 1991051 472352 474813 1219236 1516238 TO INSTILL A LIFELONG PASSION FOR LEARNING WITHIN ALL ITS STUDENTS WHILE ENSURING THAT ALL LEARNERS, REGARDLESS OF ECONOMIC AND SOCIAL BACKGROUND, CAN SUCCEED ACADEMICALLY AND BECOME CONTRIBUTING CITIZENS. 0 0 3558739 180508 DURING THE YEARS ENDED JUNE 30, 2023 AND 2022, THE SCHOOL SERVED 229 AND 200 STUDENTS, RESPECTIVELY. 3558739 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 1 0 0 0 1 12 0 46 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 5 0 1 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 X DR BARBARA FORTE 8159684590 4029 PRAIRIE ROAD ROCKFORD IL 611024501 X CHRISTOPHER JENKINS TREASURER/BUSINESS MANAGER 40.00 X X 105618 0 677 DR BARBARA FORTE SECRETARY/EXECUTIVE DIRECTOR 40.00 X X 0 0 0 WANDA FARMER PRESIDENT 0.50 X X 0 0 0 JUDY BROOKS BOARD MEMBER 0.50 X 0 0 0 ARLENE GLADNEY BOARD MEMBER 0.50 X 0 0 0 FAYRENE MUHAMMAD BOARD MEMBER 0.50 X 0 0 0 ALICE PATTERSON BOARD MEMBER 0.50 X 0 0 0 LYNN VICTOROV ASSISTANT EXECUTIVE DIRECT 40.00 X 136548 0 1123 242166 0 1800 2 0 0 0 COMPED CHARTER SCHOOL NETWORK 4029 PRAIRIE ROAD ROCKFORD IL 61102 MANAGEMENT COMPANY 270000 ON-LINE SECURITY SYSTEMS LLC 618 EAST STATE STREET ROCKFORD IL 61104 SECURITY SERVICES 150006 2 4245573 14181 4245573 FOOD PROGRAM 611710 180508 180508 180508 MISCELLANEOUS REVENUE 900099 141 141 141 4426222 180508 0 141 103268 103268 1764730 1710876 53854 4060 3603 457 158943 141046 17897 100879 89520 11359 90000 31500 58500 30022 30022 64641 64641 247572 197437 50135 109614 79975 29639 10735 9526 1209 413865 367859 46006 115147 71669 43478 84240 84240 20983 20983 152202 135064 17138 74317 65949 8368 DIRECT STUDENT COSTS 222047 222047 FOOD PROGRAM 208955 208955 OTHER STAFF COSTS 144940 139473 5467 8060 8060 4129220 3558739 570481 0 525814 358628 245593 666914 26147 5977 1951239 991707 894034 959532 1691588 1991051 322002 246916 0 37547 150350 190350 472352 474813 X 1219236 1516238 1219236 1516238 1691588 1991051 297002 0 X 0 1 X 1 1 1 X 3319018 3497525 3383235 3458624 4245573 17903975 3319018 3497525 3383235 3458624 4245573 17903975 17903975 1548 1556 141 3245 17907220 762506 0.99980 0.99980 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2020 AMOUNT: $ 1,548. 2021 AMOUNT: $ 1,556. 2022 AMOUNT: $ 141. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 287000 287000 289795 71660 218135 1374444 920047 454397 959532 X 4796222 370000 370000 4426222 0 4426222 4499220 370000 370000 4129220 0 4129220 PART X, LINE 2: THE SCHOOL IS A TAX-EXEMPT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE) AND IS EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE CODE. MANAGEMENT HAS DETERMINED THAT THE SCHOOL WAS NOT REQUIRED TO RECORD A LIABILITY RELATED TO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2023 AND 2022. DR BARBARA FORTE SECRETARY/EXECUTIVE DIRECTOR 90000 MANAGEMENT FEES 0 SCHEDULE L, PART IV: LEGACY ACADEMY OF EXCELLENCE CHARTER SCHOOL WAS FOUNDED BY AND IS MANAGED BY COMPED CHARTER SCHOOL NETWORK, A CORPORATION WHOLLY-OWNED BY COMPREHENSIVE EDUCATIONAL CONSULTING SERVICES, INC. IN TURN, COMPREHENSIVE EDUCATIONAL CONSULTING SERVICES, INC. IS A 35% OR MORE CONTROLLED ENTITY BY DR. BARBARA FORTE, THE SCHOOL'S SECRETARY/EXECUTIVE DIRECTOR. THE SCHOOL PAYS MANAGEMENT FEES TO COMPED CHARTER SCHOOL NETWORK, WHICH IN TURN, PAYS FEES TO COMPREHENSIVE EDUCATIONAL CONSULTING SERVICES, INC. TO MANAGE THE SCHOOL. FORM 990 PART IV LINE 13: THE IRS HAS RECOGNIZED THE ORGANIZATION AS A CHARTER HOLDER AND TAX-EXEMPT UNDER SECTION 509(A)(2). FORM 990, PART VI, SECTION A, LINE 3 COMPREHENSIVE EDUCATIONAL CONSULTING SERVICES, INC. PROVIDES MANAGEMENT SERVICES TO THE SCHOOL THROUGH ITS ARRANGEMENT WITH COMPED CHARTER SCHOOL NETWORK. FORM 990, PART VI, SECTION A, LINE 8B THERE IS NO COMMITTEE WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE EXECUTIVE DIRECTOR REVIEWS AND ASSISTS IN THE PREPARATION AND REVIEW OF FORM 990 WITH THE SCHOOL'S CPA FIRM. A DRAFT IS THEN PROVIDED TO THE BOARD OF DIRECTORS FOR FINAL REVIEW. ONCE APPROVED BY THE BOARD OF DIRECTORS, THE FINAL FORM 990 IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C MANAGEMENT REVIEWS ANY NEW SIGNIFICANT CONTRACTS WITH THE BOARD OF DIRECTORS TO ENSURE ADHERENCE TO THE SCHOOL'S CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 SALARIES FOR ALL MANAGEMENT POSITIONS ARE REVIEWED ON AN ANNUAL BASIS BY THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS COMPARES SALARIES TO OTHER SCHOOLS BEFORE MAKING FINAL DETERMINATIONS. SALARIES FOR ALL TEACHERS ARE REVIEWED ON AN ANNUAL BASIS BY MANAGEMENT. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990 PART VII SECTION A, SCHEDULE L PART IV AND SCHEDULE R PART V: DR. BARBARA FORTE, THE SCHOOL'S SECRETARY/EXECUTIVE DIRECTOR, IS PAID BY COMPREHENSIVE EDUCATIONAL CONSULTING SERVICES, INC., A RELATED ORGANIZATION, FOR MANAGEMENT SERVICES PROVIDED TO THE SCHOOL THROUGH ITS ARRANGEMENT WITH COMPED CHARTER SCHOOL NETWORK, ALSO A RELATED ORGANIZATION. COMPED CHARTER SCHOOL NETWORK 4029 PRAIRIE ROAD ROCKFORD IL 611024501 263894086 MANAGEMENT IL N/A C 0 COMPREHENSIVE EDUCATIONAL CONSULTING SERVICES INC PO BOX 681065 SCHAUMBURG IL 60168 200068853 CONSULTING IL N/A S 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 COMPED CHARTER SCHOOL NETWORK M 90000 FMV