2025-02-12T17:53:38-06:00 2024-06-30 300514455 Hoelting & Company Inc 31 East Platte Avenue Suite 300 Colorado Springs CO 80903 990 2023-07-01 841413963 Legacy Academy LEGA 3036462636 1975 Legacy Circle Elizabeth CO 80107 Merlin Holmes Executive Director 3036462636 2025-02-12 0 1 Thomas G Sistare P00356968 7196301091 2023 2025-03-06 01:10:19Z Merlin Holmes 1975 Legacy Circle Elizabeth CO 80107 5946960 0 X www.legacyk8.org X 1997 CO The mission of Legacy Academy is to guide students in the development of their character and academic potential through an academically rigorous, content-rich environment. 5 5 124 200 0 0 723251 475094 4827339 5334109 87647 96061 14168 41696 5652405 5946960 0 0 0 0 3217545 3848605 0 0 0 2315761 2243874 5533306 6092479 119099 -145519 12771837 4864383 15176116 7887336 -2404279 -3022953 The mission of Legacy Academy is to guide students in the development of their character and academic potential through an academically rigorous, content-rich environment. 0 0 5116279 5375805 Provide education to students in K-8th grade, benefiting approximately 553 students, including a Before & After Program at school and a homeschool program. 5116279 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 25 0 124 1 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 1 1 0 0 X X The Organization 3036462636 1975 Legacy Circle Elizabeth CO 80107 Matt Fonte President 2.00 1.00 X X 0 0 0 Matt Vandiver Treasurer 2.00 X X 0 0 0 Thomas Holm Vice President 1.00 X X 0 0 0 Megan Decker Director 1.00 X 0 0 0 Simona Clark Secretary 1.00 X X 0 0 0 Tony Vruggink Principal 40.00 X 97517 0 19650 97517 0 19650 0 0 0 0 0 462635 12459 475094 Pupil funding/Tuition 611710 4855259 4855259 District Mill Levy 611710 286958 286958 Charges for Services 611710 191892 191892 5334109 96061 96061 Transfers 611710 34561 34561 Miscellaneous Revenue 611710 7135 7135 41696 5946960 5375805 0 96061 128671 109370 19301 2746382 2334425 411957 742252 630914 111338 184898 157163 27735 46402 39442 6960 29685 29685 9550 9550 51726 51726 30676 26075 4601 868920 738582 130338 21015 17863 3152 4013 3411 602 62111 52794 9317 69207 58826 10381 Purchased Services 413549 351517 62032 Authorizer Overhead 321804 273533 48271 Non Cap Equip 139735 118775 20960 Supplies 121957 103663 18294 99926 99926 6092479 5116279 976200 0 219287 416833 2572262 1700425 28902 9387 46542 1405980 43456 650818 324608 8564921 326210 0 2302015 12771837 4864383 253965 291066 62454 60038 8539422 42719 6320275 7493513 15176116 7887336 X -2516826 -3199953 112547 177000 -2404279 -3022953 12771837 4864383 X -145519 -473155 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 650818 324608 326210 326210 Deferred Outflows of Resources 2302015 2302015 Net Pension Liabilities 7185610 Deferred Inflows of Resources 307903 7493513 6582342 669943 669943 5912399 34561 34561 5946960 6735249 642770 642770 6092479 0 6092479 Part XI, Line 2d - Other Adjustments: Building Corporation Rental Income 633,786. Building Corporation Interest Income 36,157. Part XI, Line 4b - Other Adjustments: Building Corporation Transfers In 34,561. Part XII, Line 2d - Other Adjustments: Building Corporation Depreciation 268,015. Building Corporation Purchased Services 486. Building Corporation Interest and Other Fiscal Charges 374,269. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 In accordance with all Elizabeth C-1 policies, Legacy Academy does not radically discriminate against students and publicizes this policy on all flyers, enrollment forms, and on the website. Schedule E, Part I, Line 6 Per pupil revenue and various grant money is received from the State of Colorado, the Colorado Department of Education, and the Colorado Department of Health Services. Form 990, Part VI, Section A, line 8b There are no committees with the authority to act on behalf of the Board. Form 990, Part VI, Section B, line 11b Legacy Academy distributes the draft Form 990 to be reviewed by a committee of the board president, treasurer, and outside business consultant (contractor, not employee). Form 990, Part VI, Section B, line 12c The District's board policies are followed. In addition, we have language related to conflicts of interest under our board policy (GP#6) which is reviewed by the Board at least once per year (per the schedule in the board calendar). Elizabeth C-1 School Board Governance Policies - http://elizabeth.k12.co.us/BoardPolicies.aspx Form 990, Part VI, Section B, line 15a Board compensation is addressed under section 2.5 of the bylaws. Principal compensation could be covered under GP #1.b, GP #8. The monitoring/review would fall under GP #5. Form 990, Part VI, Section C, line 19 Legacy Academy makes its governing documents and conflict of interest policy available on request and posts the financial statements on its website to be available to the public. Form 990, Part XI, line 9: To seperate Building Corporation activity -473,155. Form 990, Part XII, Line 2c: The Academy has not changed its oversight or selection process during the year. Legacy Academy Parent Teacher Community Organization 1975 Legacy Circle Elizabeth CO 80107 472342822 Support Legacy Academy CO 501(c)(3) 509(a)(2) 0 Elbert County Charter School Building Corporation 1975 Legacy Circle Elizabeth CO 80107 365095683 Provide Facilities to Legacy Academy CO 501(c)(3) Legacy Academy 1 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 Legacy Academy Parent Teacher Community Organization C 5026 Fair Market Value Elbert County Charter School Building Corporation K 633786 Fair Market Value Elbert County Charter School Building Corporation S 34561 Fair Market Value