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Logos Preparatory Academy

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Educational Institutions and Related Activities / Specialized Education Institutions (NTEE)

Donations to this organization are tax deductible.

Details

According to its May 2024 tax filing, this nonprofit:

Operated a school
Organization is a school. Details are reported on Schedule E.
Reported conflict of interest transactions
Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Summary charts: organization finances over time

Revenue
$5.87M (2024)

Expenses
$3.68M (2024)

Total Assets
$6.88M (2024)

Total Liabilities
$148k (2024)

Source: Form 990 tax filings from 2012 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending May
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,868,416
Expenses
$3,680,597
Net Income
$2,187,819
Net Assets
$6,735,984
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,190,053
20.3%
Program Services $4,345,076
74.0%
Investment Income $246,250
4.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $84,130
1.4%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,907
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $2,460,396
66.8%
Assets/Debt
Total Assets $6,883,861
Total Liabilities $147,877
Net Assets $6,735,984
Other
Operated a school
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Tammy Mcilvoy (President/He) $112,000 $0 $0
Tim Alcorn (Secretary) $0 $0 $0
Mike Cabrio (Director) $0 $0 $0
Billy Easter (Director) $0 $0 $0
Kevin Edelbrock (Director) $0 $0 $0
Chris George (Director) $0 $0 $0
Rick Goolsby (Chairman/Dir) $0 $0 $0
Fred Higgs (Director) $0 $0 $0
Carmie Hogan (Director) $0 $0 $0
Adam Jungeblut (Director) $0 $0 $0
Vincent Kau (Director) $0 $0 $0
Judy Kurrus (Director) $0 $0 $0
Mario Say (Director) $0 $0 $0
Anna Silva (Director) $0 $0 $0
Ginsu Varghese (Director) $0 $0 $0

Document Links

Fiscal Year Ending May
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,298,991
Expenses
$3,483,737
Net Income
$815,254
Net Assets
$4,544,201
Notable Sources of Revenue Percent of Total Revenue
Contributions $87,856
2.0%
Program Services $4,127,333
96.0%
Investment Income $69,028
1.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $14,774
0.3%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $2,245,322
64.5%
Assets/Debt
Total Assets $4,701,014
Total Liabilities $156,813
Net Assets $4,544,201
Other
Operated a school
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Tammy Mcilvoy (President/He) $102,000 $0 $0
Tim Alcorn (Secretary) $0 $0 $0
Mike Cabrio (Director) $0 $0 $0
Billy Easter (Director) $0 $0 $0
Kevin Edelbrock (Director) $0 $0 $0
Chris George (Director) $0 $0 $0
Rick Goolsby (Chairman/Dir) $0 $0 $0
Fred Higgs (Director) $0 $0 $0
Carmie Hogan (Director) $0 $0 $0
Adam Jungeblut (Director) $0 $0 $0
Vincent Kau (Director) $0 $0 $0
Judy Kurrus (Director) $0 $0 $0
Mario Say (Director) $0 $0 $0
Anna Silva (Director) $0 $0 $0
Ginsu Varghese (Director) $0 $0 $0

Document Links

Fiscal Year Ending May
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,938,608
Expenses
$3,144,567
Net Income
$794,041
Net Assets
$3,734,603
Notable Sources of Revenue Percent of Total Revenue
Contributions $108,888
2.8%
Program Services $3,623,691
92.0%
Investment Income $4,183
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $128,434
3.3%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $73,412
1.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $2,004,992
63.8%
Assets/Debt
Total Assets $7,595,120
Total Liabilities $3,860,517
Net Assets $3,734,603
Other
Operated a school
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Tammy Mcilvoy (President/He) $104,067 $0 $0
Tim Alcorn (Director) $0 $0 $0
Billy Easter (Director) $0 $0 $0
Kevin Edelbrock (Director) $0 $0 $0
Chris George (Director) $0 $0 $0
Julie Goolsby (Director) $0 $0 $0
Rick Goolsby (Chairman/Dir) $0 $0 $0
Fred Higgs (Director) $0 $0 $0
Judy Kurrus (Director) $0 $0 $0
Christy Mccormack (Director) $0 $0 $0
Mario Say (Director) $0 $0 $0
Toussaint Smith (Director) $0 $0 $0
Ginsu Varghese (Director) $0 $0 $0

Document Links

Fiscal Year Ending May
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,466,479
Expenses
$3,042,901
Net Income
$423,578
Net Assets
$2,936,588
Notable Sources of Revenue Percent of Total Revenue
Contributions $157,933
4.6%
Program Services $3,296,984
95.1%
Investment Income $6,074
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $5,488
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $1,964,604
64.6%
Assets/Debt
Total Assets $6,111,459
Total Liabilities $3,174,871
Net Assets $2,936,588
Other
Operated a school
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Tammy Mcilvoy (President/He) $110,480 $0 $0
Tim Alcorn (Director) $0 $0 $0
Scott Denton (Director) $0 $0 $0
Milton Fick (Vice Chair/D) $0 $0 $0
Chris George (Director) $0 $0 $0
Julie Goolsby (Director) $0 $0 $0
Rick Goolsby (Chairman/Dir) $0 $0 $0
Fred Higgs (Director) $0 $0 $0
Christy Mccormack (Director) $0 $0 $0
Mario Say (Director) $0 $0 $0
Toussaint Smith (Director) $0 $0 $0
Ginsu Varghese (Director) $0 $0 $0

Document Links

Fiscal Year Ending May
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,176,194
Expenses
$2,752,812
Net Income
$423,382
Net Assets
$2,508,502
Notable Sources of Revenue Percent of Total Revenue
Contributions $30,365
1.0%
Program Services $3,086,825
97.2%
Investment Income $32,655
1.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $38,749
1.2%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue -$12,400
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $1,835,065
66.7%
Assets/Debt
Total Assets $5,789,896
Total Liabilities $3,281,394
Net Assets $2,508,502
Other
Operated a school
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Tammy Mcilvoy (President/He) $85,480 $0 $0
Tim Alcorn (Director) $0 $0 $0
Scott Denton (Director) $0 $0 $0
Milton Fick (Vice Chair/D) $0 $0 $0
Chris George (Director) $0 $0 $0
Julie Goolsby (Director) $0 $0 $0
Rick Goolsby (Chairman/Dir) $0 $0 $0
Christy Mccormack (Director) $0 $0 $0
Mario Say (Director) $0 $0 $0
Toussaint Smith (Director) $0 $0 $0
Ginsu Varghese (Director) $0 $0 $0

Document Links

Fiscal Year Ending May
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,285,683
Expenses
$2,808,733
Net Income
$476,950
Net Assets
$2,096,496
Notable Sources of Revenue Percent of Total Revenue
Contributions $39,141
1.2%
Program Services $3,086,044
93.9%
Investment Income $24,703
0.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $113,667
3.5%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $22,128
0.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $1,792,403
63.8%
Assets/Debt
Total Assets $4,941,370
Total Liabilities $2,844,874
Net Assets $2,096,496
Other
Operated a school
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Rick Goolsby (Chairman/Dir) $0 $0 $0
Milton Fick (Vice Chair/D) $0 $0 $0
Tim Alcorn (Director) $0 $0 $0
Julie Goolsby (Director) $0 $0 $0
Toussaint Smith (Director) $0 $0 $0
Chris George (Director) $0 $0 $0
Mario Say (Director) $0 $0 $0
Christy Mccormack (Director) $0 $0 $0
Scott Denton (Director) $0 $0 $0
Ginsu Varghese (Director) $0 $0 $0
Tammy Mcilvoy (President/He) $0 $0 $0

Document Links

Fiscal Year Ending May
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,457,640
Expenses
$2,900,080
Net Income
$557,560
Net Assets
$1,626,465
Notable Sources of Revenue Percent of Total Revenue
Contributions $58,596
1.7%
Program Services $3,268,969
94.5%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $111,234
3.2%
Sales of Assets $8,752
0.3%
Net Inventory Sales $0
Other Revenue $10,089
0.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $1,721,353
59.4%
Assets/Debt
Total Assets $4,425,153
Total Liabilities $2,798,688
Net Assets $1,626,465
Other
Operated a school
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Tammy Mcilvoy (President/He) $88,480 $0 $0
Rick Goolsby (Chairman/Dir) $0 $0 $0
Milton Fick (Vice Chair/D) $0 $0 $0
Tim Alcorn (Director) $0 $0 $0
Julie Goolsby (Director) $0 $0 $0
Randy Mcilvoy (Director) $0 $0 $0
Toussaint Smith (Director) $0 $0 $0
Chris George (Director) $0 $0 $0
Mario Say (Director) $0 $0 $0
Christy Mccormack (Director) $0 $0 $0
Scott Denton (Director) $0 $0 $0

Document Links

Fiscal Year Ending May
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,302,446
Expenses
$2,746,535
Net Income
$555,911
Net Assets
$1,046,884
Notable Sources of Revenue Percent of Total Revenue
Contributions $71,263
2.2%
Program Services $3,128,590
94.7%
Investment Income $649
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $92,403
2.8%
Sales of Assets $9,541
0.3%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $215
0.0%
Other Salaries and Wages $1,655,762
60.3%
Assets/Debt
Total Assets $1,351,500
Total Liabilities $304,616
Net Assets $1,046,884
Other
Operated a school
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Tammy Mcilvoy (President/He) $67,400 $0 $0
Rick Goolsby (Chairman/Dir) $0 $0 $0
Milton Fick (Vice Chair/D) $0 $0 $0
Tim Alcorn (Director) $0 $0 $0
Kristin Cox (Director) $0 $0 $0
Julie Goolsby (Director) $0 $0 $0
Randy Mcilvoy (Director) $0 $0 $0
Toussaint Smith (Director) $0 $0 $0
Robert Gowens (Director) $0 $0 $0
Angela James (Director) $0 $0 $0
Chris Bellotti (Director) $0 $0 $0
Chris George (Director) $0 $0 $0

Document Links

Fiscal Year Ending May
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,287,955
Expenses
$3,704,568
Net Income
-$416,613
Net Assets
$490,973
Notable Sources of Revenue Percent of Total Revenue
Contributions $157,235
4.8%
Program Services $3,111,224
94.6%
Investment Income $6,480
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$4,068
Sales of Assets $12,187
0.4%
Net Inventory Sales -$4,639
Other Revenue $3,941
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $178,500
4.8%
Professional Fundraising Fees $22,800
0.6%
Other Salaries and Wages $1,884,939
50.9%
Assets/Debt
Total Assets $748,144
Total Liabilities $257,171
Net Assets $490,973
Other
Operated a school
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Ron Clyde (President/He) $106,227 $0 $16,767
Tammy Mcilvoy (President/He) $51,377 $0 $0
Rick Goolsby (Chairman/Dir) $0 $0 $0
Milton Fick (Vice Chair/D) $0 $0 $0
Chris Bellotti (Sec/Director) $0 $0 $0
Tim Alcorn (Director) $0 $0 $0
Kristin Cox (Director) $0 $0 $0
Julie Goolsby (Director) $0 $0 $0
Randy Mcilvoy (Director) $0 $0 $0
Toussaint Smith (Director) $0 $0 $0
Robert Gowens (Director) $0 $0 $0
Angela James (Director) $0 $0 $0
Bobby Lim (Director) $0 $0 $0

Document Links

Fiscal Year Ending May
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,227,015
Expenses
$3,180,297
Net Income
$46,718
Net Assets
$878,136
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,184,753
98.7%
Investment Income $42,262
1.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $1,602,046
50.4%
Assets/Debt
Total Assets $1,078,664
Total Liabilities $200,528
Net Assets $878,136
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Ron Clyde (President) $117,801 $0 $0
Tim Alcorn () $0 $0 $0
Chris Bellotti () $0 $0 $0
Rick Goolsby () $0 $0 $25,000
Julie Goolsby () $0 $0 $0
Kristin Cox () $0 $0 $0
Milton Fick () $0 $0 $0
Angela James () $0 $0 $0
Bobby Lim () $0 $0 $0
Toussaint Smith () $0 $0 $0
Randy Mcilvoy () $0 $0 $0

Document Links

Fiscal Year Ending May
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,811,587
Expenses
$2,439,823
Net Income
$371,764
Net Assets
$831,418
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,811,587
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $1,355,552
55.6%
Assets/Debt
Total Assets $1,080,598
Total Liabilities $249,180
Net Assets $831,418

Document Links

Fiscal Year Ending May
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,970,919
Expenses
$1,789,137
Net Income
$181,782
Net Assets
$459,654
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,969,656
99.9%
Investment Income $1,263
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $1,044,209
58.4%
Assets/Debt
Total Assets $652,171
Total Liabilities $192,517
Net Assets $459,654

Document Links

Fiscal Year Ending May
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,759,513
Expenses
$1,610,116
Net Income
$149,397
Net Assets
$277,872
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,758,778
100.0%
Investment Income $735
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $899,673
55.9%
Assets/Debt
Total Assets $432,524
Total Liabilities $154,652
Net Assets $277,872

Document Links

Fiscal Year Ending May
2011

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending May
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending May
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
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  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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