Overview
What is Legacy Christian Academy?
Legacy Christian Academy is a nonprofit educational institution located in Andover, Minnesota. With a capacity for 746 students from preschool to grade twelve, the academy is committed to providing a comprehensive educational experience that integrates biblical truth into the students' spiritual, academic, social, and physical development. As part of its mission, the academy aims to equip students for effective Christian living. Currently, the academy is implementing its strategic plan and is fundraising for a planned building addition set for spring 2023. With a team of 175 dedicated individuals, Legacy Christian Academy strives to foster an inclusive and enriching learning environment.
Official website here: www.lcamn.org
What are the reviews and ratings of this charity?
**Charity Navigator Rating: 77% (Three-Star out of Four Star rating)**
Legacy Christian Academy has earned a 77% rating from Charity Navigator, indicating an average performance primarily based on its accountability and finance practices. The academy's strengths include having a fully independent board and demonstrating solid financial ratios, particularly a program expense ratio of 79.52%, showcasing a strong commitment to putting resources towards its educational mission.
However, the organization received a low score in the financial statements area, which suggests a lack of transparent financial information that could impede trust and understanding from potential donors. Additionally, several evaluation methodologies, such as Impact & Measurement, Culture & Community, and Leadership & Adaptability, were not applicable, limiting insights into the academy’s broader impact and effectiveness.
User reviews from GreatNonprofits are not available, so there is no additional feedback to provide on community sentiment or experiences related to the academy. Overall, while Legacy Christian Academy shows promise in its accountability approach, transparency in financial communications could be improved for better stakeholder engagement.
This AI summary has been generated from information found on Charity Navigator.
Is Legacy Christian Academy legitimate?
Legacy Christian Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Legacy Christian Academy submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $454,266
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,315,888
For more financial information, click here
Official website here: www.lcamn.org
What is the mission statement of Legacy Christian Academy?
Legacy Christian Academy is committed to equipping students for effective Christian living. They achieve this by integrating biblical truth into their spiritual, academic, social, and physical development. The academy's mission is to provide religious education for students from preschool to grade twelve, aiming to foster a holistic growth that aligns with Christian values. Legacy Christian Academy is currently educating 746 students during the 2021-2022 school year. In addition, they are implementing their strategic plan and launching a campaign to fund a building addition planned for spring 2023.
Official website here: www.lcamn.org
Who is the CEO of Legacy Christian Academy?
Jake Mulvihill is the Chairman Of The Board of Legacy Christian Academy.
Official website here: www.lcamn.org
What is the revenue of Legacy Christian Academy?
Legacy Christian Academy's revenue in 2022 was $10,599,224.
Official website here: www.lcamn.org
Who are the executives of Legacy Christian Academy and what are their salaries?
The average compensation at Legacy Christian Academy during 2022 was $21,544. There are 175 employees and 75 volunteers at Legacy Christian Academy.
Here are 8 key members and their salaries:
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- Compensation: $147,871
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Official website here: www.lcamn.org
Where can I find the form 990 for Legacy Christian Academy?
Legacy Christian Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lcamn.org
Learn more at the official website: www.lcamn.org
Mission Statement of Legacy Christian Academy
Legacy Christian Academy, a religious educational institution, is committed to equipping its students for effective Christian living. This is achieved by integrating biblical truth into their spiritual, academic, social, and physical development. The academy serves 746 students from preschool to grade twelve during the 2021-2022 school year. In line with its mission, Legacy Christian Academy continues to implement its strategic plan and is currently fundraising for a building addition, which is scheduled for spring 2023. This expansion aims to further enhance the educational experience and facilities offered by the academy.
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Impact
July, 2024
Legacy Christian Academy's impact lies in equipping students for effective Christian living by providing them with biblical truth integrated into their spiritual, academic, social, and physical development. With a focus on religious education for preschool through grade twelve, Legacy Christian Academy serves 746 students in Andover, Minnesota. By continuing to implement their strategic plan and rolling out a new campaign to fund a building addition planned for Spring 2023, Legacy Christian Academy is enhancing its ability to fulfill its mission of nurturing students in their faith and academic growth.
This information is meant to be a general summary of Legacy Christian Academy. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $20,124
- Program Service Revenue: $8,217,385
- Gross Receipts: $10,966,907
Assets and Liabilities:
- Total Assets: $11,285,035
- Total Liabilities: $2,952,938
- Net Assets: $8,332,097
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
K-12 TUITION REVENUE
Revenue
$7,113,095
PRESCHOOL AND AFTERCARE REVENUE
Revenue
$621,040
STUDENT ACTIVITIES
Revenue
$480,730
Organization Details
Founding Year
1997
Phone
(763) 427-4595Principal Officer
Jake Mulvihill
Main Address
3037 NW BUNKER LAKE BLVD, ANDOVER, MN, 55304
Website
www.lcamn.orgNTEE Category
Code: B20 - Education
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