Utah · Nonprofit
LEGACY PREPARATORY ACADEMY
LEGACY PREPARATORY ACADEMY (Utah) receives grants from 6 organizations whose IRS filings report $45,555 to it, the largest being AMERICAN ENDOWMENT FOUNDATION ($15,000). 1 of them have funded it in more than one year, and 84% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2025
- $12M
- Funders on record
- 6
- Grants received
- $46k
- Net assets
- $8.1M
What Legacy Preparatory Academy does
Mission
To provide classical education and fine arts within a public charter school setting by building the foundation of knowledge and critical thinking skills necessary for children to become independent.
As stated on its FY2025 Form 990.
Program
To operate a public charter school for students from kindergarten to ninth grade.
$7,571,580 spent$370,159 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $7,571,580.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $21M to $32M (+55%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 96% · 2018 96% · 2019 97% · 2020 97% · 2021 98% · 2022 87% · 2023 95% · 2024 93% · 2025 94%. Grants only. Government contracts and fees sit inside program revenue.
94% of LEGACY PREPARATORY ACADEMY’s revenue is contributions — more reliant on donations than three-quarters of its peers (23% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Who funds it, year by year
2017 → 2022: the base narrowed from 3 funders to 1 funder, grant income fell $28k → $312.
4 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 84% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of LEGACY PREPARATORY ACADEMY’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
LEGACY PREPARATORY ACADEMY leans on a few funders — its largest provides 33% of grant income and the top three 79%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
84% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund LEGACY PREPARATORY ACADEMY.
Largest funder’s share by year: 2017 49% · 2019 100% · 2020 100% · 2021 69% · 2022 100% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
84% of LEGACY PREPARATORY ACADEMY's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $8k that is directly attributable, 93% of it comes from Utah funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $38k arriving through sponsors registered in 4 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
LEGACY PREPARATORY ACADEMY runs a healthier operating margin than half of the 3,758 education nonprofits its size.
this organization peer median middle 50% of peers· 3,758 education nonprofits $10M–$100M, FY2025
Organizations like LEGACY PREPARATORY ACADEMY
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Utah
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
70% of spending goes to programs.
Governance
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for LEGACY PREPARATORY ACADEMY: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds LEGACY PREPARATORY ACADEMY?
- LEGACY PREPARATORY ACADEMY (Utah) receives grants from 6 organizations whose IRS filings report $45,555 to it, the largest being AMERICAN ENDOWMENT FOUNDATION ($15,000). 1 of them have funded it in more than one year, and 84% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does LEGACY PREPARATORY ACADEMY have?
- IRS filings report 6 organizations giving $45,555 in grants to LEGACY PREPARATORY ACADEMY, 1 of which have funded it in more than one year.
- Who is the largest funder of LEGACY PREPARATORY ACADEMY?
- AMERICAN ENDOWMENT FOUNDATION is the largest funder on record, with $15,000 in grants. The full list of funders is on this page.
- How can an organization like LEGACY PREPARATORY ACADEMY find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Utah. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Legacy Preparatory Academy →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 6 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing