Legacy Christian Academy
EIN: 271919413 · Killen, AL · NTEE: B24
Is Legacy Christian Academy Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Legacy Christian Academy
Legacy Christian Academy (EIN: 271919413) is a nonprofit organization based in Killen, AL, classified under NTEE code B24. The organization reported total revenue of $263K and total assets of $122K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Legacy Christian Academy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Legacy Christian Academy is a small nonprofit that has been operating for 15 years, with 12 years of IRS 990 filings on record (2010–2021). Revenue has grown at a compound annual rate of 11.0%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $248K |
| Total Expenses | $223K |
| Surplus / Deficit | +$25K |
| Total Assets | $122K |
| Total Liabilities | $5K |
| Net Assets | $117K |
| Operating Margin | 9.9% |
| Debt-to-Asset Ratio | 3.9% |
| Months of Reserves | 6.5 months |
Financial Health Grade: A
In 2021, Legacy Christian Academy reported a surplus of $25K with revenue exceeding expenses, holds 6.5 months of operating reserves (strong position), has a debt-to-asset ratio of 3.9% (very low leverage).
Financial Trends
Over 12 years of filings (2010–2021), Legacy Christian Academy's revenue has grown at a compound annual growth rate (CAGR) of 11.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +3.9% | +56.2% | +26.3% |
| 2020 | +19.7% | -37.2% | +6247.8% |
| 2019 | +1.2% | +5.7% | -94.9% |
| 2018 | -20.4% | -5.7% | -38.5% |
| 2017 | +8.7% | -5.8% | +60.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Legacy Christian Academy has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Legacy Christian Academy with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $25K, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.9%.
Frequently Asked Questions about Legacy Christian Academy
Is Legacy Christian Academy a legitimate charity?
Based on AI analysis of IRS 990 filings, Legacy Christian Academy (EIN: 271919413) insufficient data. 0 red flags identified, 0 strengths noted.
How does Legacy Christian Academy spend its money?
Detailed spending breakdown data is not yet available for Legacy Christian Academy. Check back for updated IRS 990 analysis.
Are donations to Legacy Christian Academy tax-deductible?
Legacy Christian Academy is registered as a tax-exempt nonprofit (EIN: 271919413). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Legacy Christian Academy showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2010–2021), Legacy Christian Academy's revenue has grown by 215.1%, moving from $79K to $248K. Total assets increased by 515% over the same period, from $20K to $122K. Total functional expenses rose by 241.3%, from $65K to $223K. In its most recent filing year (2021), Legacy Christian Academy reported a surplus of $25K, with revenue exceeding expenses. The organization holds $5K in liabilities against $122K in assets (debt-to-asset ratio: 3.9%), resulting in net assets of $117K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $248K | $223K | $122K | $5K | — | — |
| 2020 | $239K | $143K | $96K | $4K | — | — |
| 2019 | $199K | $228K | $2K | $5K | — | View 990 |
| 2018 | $197K | $215K | $30K | $5K | — | View 990 |
| 2017 | $247K | $229K | $48K | $5K | — | — |
| 2016 | $228K | $243K | $30K | $6K | — | View 990 |
| 2015 | $239K | $250K | $45K | $6K | — | View 990 |
| 2014 | $236K | $219K | $56K | $6K | — | View 990 |
| 2013 | $198K | $189K | $37K | $5K | — | View 990 |
| 2012 | $175K | $188K | $27K | $4K | — | View 990 |
| 2011 | $181K | $158K | $40K | $4K | — | View 990 |
| 2010 | $79K | $65K | $20K | $6K | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $248K, expenses of $223K, and assets of $122K (revenue +3.9% year-over-year).
- 2020: Revenue of $239K, expenses of $143K, and assets of $96K (revenue +19.7% year-over-year).
- 2019: Revenue of $199K, expenses of $228K, and assets of $2K (revenue +1.2% year-over-year).
- 2018: Revenue of $197K, expenses of $215K, and assets of $30K (revenue -20.4% year-over-year).
- 2017: Revenue of $247K, expenses of $229K, and assets of $48K (revenue +8.7% year-over-year).
- 2016: Revenue of $228K, expenses of $243K, and assets of $30K (revenue -4.8% year-over-year).
- 2015: Revenue of $239K, expenses of $250K, and assets of $45K (revenue +1.1% year-over-year).
- 2014: Revenue of $236K, expenses of $219K, and assets of $56K (revenue +19.3% year-over-year).
- 2013: Revenue of $198K, expenses of $189K, and assets of $37K (revenue +13.3% year-over-year).
- 2012: Revenue of $175K, expenses of $188K, and assets of $27K (revenue -3.3% year-over-year).
- 2011: Revenue of $181K, expenses of $158K, and assets of $40K (revenue +129.9% year-over-year).
- 2010: Revenue of $79K, expenses of $65K, and assets of $20K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Legacy Christian Academy:
Data Sources and Methodology
This transparency report for Legacy Christian Academy is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.