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Texas · Nonprofit

LEGACY PREPARATORY CHRISTIAN ACADEMY

LEGACY PREPARATORY CHRISTIAN ACADEMY (Texas) receives grants from 15 organizations whose IRS filings report $6,756,536 to it, the largest being DONOR ADVISED CHARITABLE GIVING INC ($6,168,500). 12 of them have funded it in more than one year, and 98% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$25M
Funders on record
15
Grants received
$6.8M
Net assets
$26M
12/15 repeat funderspeak grant-dependency 2%
01What it does

What Legacy Preparatory Christian Academy does

Mission

The mission of lpca is:- to partner with parents who are dedicated to helping their children become college-worthy, character witnesses of christ.(continued on sch. O)(continued from part iii)- to foster an environment that allows parents to pass on their "legacy" of faith via the time that a university model schedule returns to the family. - to support the development of a biblical worldview so that each child is confident in what they believe and is able to defend their faith in love, boldly and unashamedly.- to help students enter the college of their choice with the knowledge, skill sets, and preparedness to excel in today's college environment.

As stated on its FY2025 Form 990.

Programs

  1. Legacy is a pk-12 private university model christian school with an enrollment of approximately 780 students. Legacy's students benefit from small classroom sizes taught by certified teachers. They consistently outperform the national average in every category of the iowa standardized test as well as the psat exam. Starting in middle school, students take discipleship classes, with a curriculum focused on strengthening the foundations of their faith and being able to share and defend it. Graduates have been accepted, have received scholarships, and are attending major universities.

    $7,105,315 spentof which $1,071,140 as grants$8,802,400 earned by the program
    90% of program spending
  2. Legacy offers athletic programs for students in 5th-12th grade and competes in up to 10 sports in the tapps league. Legacy's athletic teams regularly advance to playoff games. Legacy's small size allows most students to participate in multiple sports with 75% of middle and high school students participating in at least one sport. The athletic program continues to grow in participation and sport offerings.

    $485,189 spent$298,144 earned by the program
    6% of program spending
  3. Legacy offers several student activities programs. The theater arts program is open to 3rd-12th grade students and conducts two performances per year. Legacy's students also participate in orchestra, drill team, drumline, cheer, national honor society, scripps spelling bee, noetic math competition, american math competitions, and first robotics competition. Legacy also offers a hot lunch program to students of all grade levels.

    $328,076 spent$467,682 earned by the program
    4% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $7,918,580.

02The organization over time

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.

100 = 20172017 Revenue 100 ($3.6M) Expenses 100 ($3.6M) Net assets 100 ($4.0M)2018 Revenue 117 ($4.2M) Expenses 114 ($4.0M) Net assets 104 ($4.2M)2019 Revenue 123 ($4.4M) Expenses 122 ($4.4M) Net assets 106 ($4.3M)2020 Revenue 130 ($4.7M) Expenses 123 ($4.4M) Net assets 114 ($4.6M)2021 Revenue 185 ($6.7M) Expenses 129 ($4.6M) Net assets 167 ($6.7M)2022 Revenue 182 ($6.6M) Expenses 152 ($5.4M) Net assets 196 ($7.9M)2023 Revenue 211 ($7.6M) Expenses 188 ($6.7M) Net assets 218 ($8.8M)2024 Revenue 252 ($9.1M) Expenses 224 ($8.0M) Net assets 246 ($9.9M)2025 Revenue 703 ($25M) Expenses 257 ($9.1M) Net assets 649 ($26M)
'17'18'19'20'21'22'23'24'25
Revenue (703)Expenses (257)Net assets (649)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $19M to $35M (+84%).

$9.4M
$9.3M
$9.2M
$9.4M
$11M
$16M
$19M
$19M
$35M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

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.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

62% of LEGACY PREPARATORY CHRISTIAN ACADEMY’s revenue is contributions — more donation-reliant than the typical peer (23% for the typical peer).

This organization
Typical peer · 4,254 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 reported years ran a deficit.

$49k
’17
$173k
’18
$83k
’19
$326k
’20
$2.1M
’21
$1.2M
’22
$914k
’23
$1.1M
’24
$16M
’25
10
months of
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.

Board chair

Terry Hargus

Chairman

As listed on its FY2025 Form 990.

2017201820192020202120222025
Listed6566778
Joined·+0+1+1+1+0·
No longer listed·10100·
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 4 funders to 9 funders, grant income rose $21k → $151k.

9 of 15 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 98% 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 CHRISTIAN 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 CHRISTIAN ACADEMY leans on a few funders — its largest provides 91% of grant income and the top three 96%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

99% 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 CHRISTIAN ACADEMY.

91%
largest funder
96%
top three
~1
effective funders

Largest funder’s share by year: 2017 71% · 2018 63% · 2019 51% · 2020 63% · 2021 35% · 2022 49% · 2023 22% — diversifying over time.

“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.

How long its funders stay

71% of LEGACY PREPARATORY CHRISTIAN ACADEMY's funders are still giving 3 years after their first grant; 80% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

98% of LEGACY PREPARATORY CHRISTIAN 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 $105k that is directly attributable, 91% of it comes from funders outside Texas, across 6 states.

NY
CA
NC
OK
AL
TX

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Texas out of state home

Funder states come from each funder’s own filing. $6.7M arriving through sponsors registered in 8 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.

04Its place in the field

Against its field

LEGACY PREPARATORY CHRISTIAN ACADEMY runs a healthier operating margin than three-quarters of the 3,794 education nonprofits its size.

Operating margin64% · top quartile
Months of reserve10.0mo · top quartile
Revenue growth (annualized)28% · top quartile

this organization peer median middle 50% of peers· 3,794 education nonprofits $10M–$100M, FY2025

Organizations like LEGACY PREPARATORY CHRISTIAN 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 Texas

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

87% of spending goes to programs.

Program 87%Management 13%Fundraising 0%

Governance

7
board members
86%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

92%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for LEGACY PREPARATORY CHRISTIAN 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.

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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 CHRISTIAN ACADEMY?
LEGACY PREPARATORY CHRISTIAN ACADEMY (Texas) receives grants from 15 organizations whose IRS filings report $6,756,536 to it, the largest being DONOR ADVISED CHARITABLE GIVING INC ($6,168,500). 12 of them have funded it in more than one year, and 98% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does LEGACY PREPARATORY CHRISTIAN ACADEMY have?
IRS filings report 15 organizations giving $6,756,536 in grants to LEGACY PREPARATORY CHRISTIAN ACADEMY, 12 of which have funded it in more than one year.
Who is the largest funder of LEGACY PREPARATORY CHRISTIAN ACADEMY?
DONOR ADVISED CHARITABLE GIVING INC is the largest funder on record, with $6,168,500 in grants. The full list of funders is on this page.
How can an organization like LEGACY PREPARATORY CHRISTIAN ACADEMY find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Texas. 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 Christian 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 15 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 22, 2026. What this page cannot tell you · view filing