Overview
What is Legacy Preparatory Academy?
Legacy Preparatory Academy is a publicly-funded charter school situated in Woods Cross, Utah. The school's mission is centered around providing a classical education and fine arts within a charter school setting. Their primary goal is to establish a strong foundation of knowledge and critical thinking skills, enabling students to develop independence. The school is located at 2214 S 1250 W and is committed to serving students from kindergarten to ninth grade.
Official website here: www.legacyprep.org
What are the reviews and ratings of this charity?
**Charity Navigator Rating: 81% (Three-Star out of Four Star Rating)**
Legacy Preparatory Academy received a Three-Star rating from Charity Navigator, primarily reflecting a strong focus on accountability and finance. The organization excels in maintaining an independent board, with all members meeting the standard for independence, and demonstrates prudent fiscal management through a program expense ratio of over 90%. Furthermore, the absence of any reported material diversion of assets highlights the organization's commitment to transparency and responsible governance.
However, the academy's rating is marked by a significant limitation, notably in its liabilities to assets ratio, which was recorded at 80.43%. This indicates a potential concern regarding its financial stability, as it suggests a high level of liabilities compared to its assets. Additionally, the impact and measurement, culture and community, and leadership and adaptability metrics are not currently scored, which may limit a comprehensive view of the organization's overall effectiveness and community impact.
Since no user reviews could be fetched from GreatNonprofits, there is no additional sentiment available regarding individual experiences with the organization. As it stands, Legacy Preparatory Academy has demonstrated solid financial practices but could benefit from addressing its liabilities and improving transparency in its overall impact metrics.
This AI summary has been generated from information found on Charity Navigator.
Is Legacy Preparatory Academy legitimate?
Legacy Preparatory Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Legacy Preparatory 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.
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Official website here: www.legacyprep.org
What is the mission statement of Legacy Preparatory Academy?
The mission of Legacy Preparatory Academy, as stated, is to offer a classical education and fine arts within a public charter school setting. This mission is geared towards building a strong foundation of knowledge and critical thinking skills in children, ultimately empowering them to become independent individuals. The academy operates as a public charter school, catering to students from kindergarten to ninth grade.
Official website here: www.legacyprep.org
Who is the CEO of Legacy Preparatory Academy?
Nyman Brooks is the Executive Director of Legacy Preparatory Academy.
Official website here: www.legacyprep.org
What is the revenue of Legacy Preparatory Academy?
Legacy Preparatory Academy's revenue in 2022 was $9,927,655.
Official website here: www.legacyprep.org
Who are the executives of Legacy Preparatory Academy and what are their salaries?
There 6 volunteers at Legacy Preparatory Academy.
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Official website here: www.legacyprep.org
Where can I find the form 990 for Legacy Preparatory Academy?
Legacy Preparatory Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.legacyprep.org
Learn more at the official website: www.legacyprep.org
Mission Statement of Legacy Preparatory Academy
Legacy Preparatory Academy, a public charter school, is committed to providing classical education and fine arts to its students from kindergarten to ninth grade. The Academy's mission is to construct a solid foundation of knowledge and critical thinking skills in its students, empowering them to become independent individuals. By integrating classical education and fine arts within its curriculum, the Academy aims to foster an environment that nurtures the intellectual and creative growth of its students. The ultimate goal is to equip these young learners with the necessary tools to navigate their future with confidence and autonomy.
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Impact
July, 2024
Legacy Preparatory Academy's impact lies in its dedication to providing a classical education and fine arts curriculum within a public charter school setting. By focusing on building the foundation of knowledge and critical thinking skills necessary for children to become independent thinkers, Legacy Preparatory Academy is shaping the minds of students from kindergarten to ninth grade in Woods Cross, UT. Through its mission to provide a well-rounded education that emphasizes both academic excellence and artistic expression, Legacy Preparatory Academy is preparing students to succeed in their academic pursuits and beyond.
This information is meant to be a general summary of Legacy Preparatory 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: $1,068,903
- Program Service Revenue: $159,863
- Gross Receipts: $9,927,655
Assets and Liabilities:
- Total Assets: $32,366,265
- Total Liabilities: $26,290,617
- Net Assets: $6,075,648
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STUDENT ACTIVITIES AND FEES
Revenue
$159,863
Organization Details
Founding Year
2005
Phone
(801) 529-3151Principal Officer
Nyman Brooks
Main Address
2214 S 1250 W, WOODS CROSS, UT, 840872515
Website
www.legacyprep.orgNTEE Category
Code: B29 - Education
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