TY 2017 Form 990 Schedule O

efile Public Visual Render ObjectId: 201910899349300306 - Submission: 2019-03-30 TIN: 20-5257052

SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
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Attach to Form 990 or 990-EZ.
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Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2017

Open to Public
Inspection

Name of the organization

LEGACY EARLY COLLEGE

Employer identification number

20-5257052

Return Reference	Explanation
FORM 990 - ORGANIZATION'S MISSION	THE MISSION OF LEGACY EARLY COLLEGE IS TO OFFER A QUALITY, RIGUROUS, AND RELEVANT EDUCATION PROGRAM LEADING TO COLLEGE GRADUATION AND EMPOWERING UNDERSERVED URBAN STUDENTS TO BECOME PRODUCTIVE, HEALTHY, PRINCIPLED CITIZENS IN A CHANGING SOCIETY.
FORM 990, PAGE 1, PART I, LINE 6	ESTIMATED 648 VOLUNTEER HOURS IN 2017/2018.
FORM 990, PAGE 6, PART VI, LINE 11B	THE BOARD CHAIRMAN, TREASURER AND FINANCE DIRECTOR REVIEW THE RETURN BEFORE IT IS FILED.
FORM 990, PAGE 6, PART VI, LINE 12C	ALL BOARD MEMBERS ARE ANNUALLY REQUIRED TO COMPLETE AND SUBMIT A CONFLICT OF INTEREST FORM.
FORM 990, PAGE 6, PART VI, LINE 15A	THE SCHOOL USES THE GREENVILLE COUNTY SCHOOL SALARIES AS A BASIS FOR PROFESSIONAL STAFF. NON-PROFESSIONAL STAFF WAGES ARE DETERMINED USING LOCAL CURRENT MARKET WAGES PAID. THE BOARD SETS THE PRINCIPAL'S SALARY. THE PRINCIPAL AND ASSISTANT PRINCIPAL TOGETHER SET THE WAGES OF THE REMAINING STAFF.
FORM 990, PAGE 6, PART VI, LINE 15B	THE SCHOOL USES THE GREENVILLE COUNTY SCHOOL SALARIES AS A BASIS FOR PROFESSIONAL STAFF. NON-PROFESSIONAL STAFF WAGES ARE DETERMINED USING LOCAL CURRENT MARKET WAGES PAID. THE BOARD SETS THE PRINCIPAL'S SALARY. THE PRINCIPAL AND ASSISTANT PRINCIPAL TOGETHER SET THE WAGES OF THE REMAINING STAFF.
FORM 990, PAGE 6, PART VI, LINE 19	THESE DOCUMENTS ARE AVAILABLE IF REQUESTED IN PERSON OR BY MAIL.
FORM 990, PART IX, LINE 11G	FOOD SERVICE 839,623 0 0 IMPROVEMENT 93,151 763 0 INSTRUCTIONAL 24,243 0 0 MISCELLANEOUS 0 1,497 0 OTHER 12,460 0 0 OTHER PROFESSIONAL 93,750 290,222 0 PROFESSIONAL/TECHNICAL 117,686 159,249 0 STAFF 0 2,619 0 STUDENT 139,937 0 0 DATA PROCESSING 0 18,689 0 TOTAL 1,320,850 473,039 0
FORM 990, PART XI, LINE 9	OPEB AND PENSION LIABILTY ARE REQUIRED BY GOVERNMENTAL ACCOUNTING STANDARDS. THE ASSETS AND LIABILITIES ASSOCIATED WITH THESE ACCOUNTS ARE RECORDED ON THE AUDITED FINANICAL STATEMENTS BUT ARE NOT A TRUE ASSET OR LIABILTIY OF LEGACY EARLY COLLEGE, THEREFORE NOT RECORDED ON THE FORM 990. NET OPEB AND PENSION LIABILTY PER THE AUDITED FINANCIAL STATEMENTS TOTAL 23,442,768. ADDING THIS TO NET FUND BALANCE FROM THE BALANCE SHEET RECONCILES TO THE TAX RETURN.

Return Reference

Explanation

FORM 990 - ORGANIZATION'S MISSION

THE MISSION OF LEGACY EARLY COLLEGE IS TO OFFER A QUALITY, RIGUROUS, AND RELEVANT EDUCATION PROGRAM LEADING TO COLLEGE GRADUATION AND EMPOWERING UNDERSERVED URBAN STUDENTS TO BECOME PRODUCTIVE, HEALTHY, PRINCIPLED CITIZENS IN A CHANGING SOCIETY.

FORM 990, PAGE 1, PART I, LINE 6

ESTIMATED 648 VOLUNTEER HOURS IN 2017/2018.

FORM 990, PAGE 6, PART VI, LINE 11B

THE BOARD CHAIRMAN, TREASURER AND FINANCE DIRECTOR REVIEW THE RETURN BEFORE IT IS FILED.

FORM 990, PAGE 6, PART VI, LINE 12C

ALL BOARD MEMBERS ARE ANNUALLY REQUIRED TO COMPLETE AND SUBMIT A CONFLICT OF INTEREST FORM.

FORM 990, PAGE 6, PART VI, LINE 15A

THE SCHOOL USES THE GREENVILLE COUNTY SCHOOL SALARIES AS A BASIS FOR PROFESSIONAL STAFF. NON-PROFESSIONAL STAFF WAGES ARE DETERMINED USING LOCAL CURRENT MARKET WAGES PAID. THE BOARD SETS THE PRINCIPAL'S SALARY. THE PRINCIPAL AND ASSISTANT PRINCIPAL TOGETHER SET THE WAGES OF THE REMAINING STAFF.

FORM 990, PAGE 6, PART VI, LINE 15B

FORM 990, PAGE 6, PART VI, LINE 19

THESE DOCUMENTS ARE AVAILABLE IF REQUESTED IN PERSON OR BY MAIL.

FORM 990, PART IX, LINE 11G

FOOD SERVICE 839,623 0 0 IMPROVEMENT 93,151 763 0 INSTRUCTIONAL 24,243 0 0 MISCELLANEOUS 0 1,497 0 OTHER 12,460 0 0 OTHER PROFESSIONAL 93,750 290,222 0 PROFESSIONAL/TECHNICAL 117,686 159,249 0 STAFF 0 2,619 0 STUDENT 139,937 0 0 DATA PROCESSING 0 18,689 0 TOTAL 1,320,850 473,039 0

FORM 990, PART XI, LINE 9

OPEB AND PENSION LIABILTY ARE REQUIRED BY GOVERNMENTAL ACCOUNTING STANDARDS. THE ASSETS AND LIABILITIES ASSOCIATED WITH THESE ACCOUNTS ARE RECORDED ON THE AUDITED FINANICAL STATEMENTS BUT ARE NOT A TRUE ASSET OR LIABILTIY OF LEGACY EARLY COLLEGE, THEREFORE NOT RECORDED ON THE FORM 990. NET OPEB AND PENSION LIABILTY PER THE AUDITED FINANCIAL STATEMENTS TOTAL 23,442,768. ADDING THIS TO NET FUND BALANCE FROM THE BALANCE SHEET RECONCILES TO THE TAX RETURN.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2017

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