2026-03-31T15:38:41-07:00 2025-06-30 752593210 Sutton Frost Cary LLP 200 E Front St Suite 200 Arlington TX 76011 990 2024-07-01 742892246 SCHOOL OF EXCELLENCE IN EDUCATION DBA LEGACY TRADITIONAL SCHOOLS-TEXAS SCHO 2102392737 13632 OLD FARM TO MARKET 471 W SAN ANTONIO TX 78253 EDWARD WOODS INT. SUPERINTENDENT 2026-03-31 true true Carroll Elizabeth Arnott P01965628 8176498083 2024 2025-03-06 01:10:19Z X SYLVIA MITCHELL 32695690 false X texas.legacytraditional.org X 1997 TX TO CHALLENGE YOUNG PEOPLE TO STRIVE FOR EXCELLENCE IN EVERY ASPECT OF THEIR LIVES ACADEMICALLY, SOCIALLY, MENTALLY, EMOTIONALLY, AND SPIRITUALLY. 4 4 391 15 0 21554245 23217934 1602777 1904405 -340173 1960394 0 22816849 27082733 0 0 12679337 13793541 0 82820 16282926 17187692 28962263 30981233 -6145414 -3898500 109326906 101283232 113448062 109302888 -4121156 -8019656 TO CHALLENGE YOUNG PEOPLE TO STRIVE FOR EXCELLENCE IN EVERY ASPECT OF THEIR LIVES ACADEMICALLY, SOCIALLY, MENTALLY, EMOTIONALLY, AND SPIRITUALLY. false false 26187840 1904405 PROVIDE EDUCATION TO OVER 2,000 YOUTHS AT THE ELEMENTARY, MIDDLE SCHOOL, AND HIGH SCHOOL LEVEL BY OPERATING AN OPEN ENROLLMENT CHARTER SCHOOL. 26187840 true true false false false false false false false false true false false false true true true false true false false false false false false false false false false false true false false false false false false false false false false true false false false false true false false false true 43 0 true 391 true false false false false false false false 0 false false false false false false false X 4 4 false true false false false false false true false false false true true true true true true true true false X VERTEX EDUCATION 4802705438 3125 s gilbert rd CHANDLER AZ 85286 EDWARD WOODS PRINCIPAL 50.00 0.00 140542 0 0 CHRISTOPHER TURNER PRINCIPAL 50.00 0.00 121349 0 0 SYLVIA MITCHELL-THRU 625 SUPERINTENDENT 50.00 0.00 X 57406 0 0 BRITTANY JONES BOARD MEMBER 1.00 0.00 X 0 0 0 PATRICK BRITTON President 1.00 0.00 X X 0 0 0 DR YASAN GOODING Vice President 1.00 0.00 X X 0 0 0 MAX GONZALEZ BOARD MEMBER 1.00 0.00 X 0 0 0 LISA FREEMAN SCHUTZ-FROM 625 SUPERINTENDENT 50.00 0.00 X 0 0 0 EDWARD WOODS-FROM 226 INT. SUPER. 50.00 0.00 X 0 0 0 319297 2 false false false PATRICIAS CLEANING SERVICES LLC 227 ASHLAND DRIVE SAN ANTONIO TX 76218 JANITORIAL SERVICES 637000 VERTEX EDUCATION LLC 3125 S GILBERT RD CHANDLER AZ 85286 EDUC. MANAGEMENT 2400000 SAVVAS LEARNING COMPANY 15 E MIDLAND AVE 502 PARAMUS NJ 07652 CURRICULUM 496000 LABATT FOOD SERVICE 650 REGAL ROW DALLAS TX 75247 FOOD SERVICE DISTRIBUTOR 596000 4 21808041 1409893 33211 23217934 ATHLETIC ACTIVITIES 611420 5191 5191 FOOD SERVICE INCOME 722514 350942 350942 INCOME FROM LOCAL SOURCES 611710 1548272 1548272 1904405 589549 589549 0 0 0 6983802 5612957 1370845 1370845 1370845 0 0 0 0 27082733 1904405 1960394 X 0 0 0 0 65752 49314 16438 0 12062099 10543876 1518223 770197 687551 82646 699506 618734 80772 195987 173668 22319 0 60037 5528 54509 42000 42000 0 0 0 4146145 3210350 852975 82820 0 0 0 0 585490 522473 63017 279970 198367 81603 0 0 6057174 5082745 974429 0 2859322 2832063 27259 389954 389954 SUPPLIES & MATERIALS 1325830 950649 375181 MISCELLANEOUS 737739 218537 519202 FOOD 704031 704031 0 30981233 26187840 4710573 82820 3055375 1156586 11880122 12576524 3293422 3411583 46915 235786 0 0 0 0 417516 445279 92836665 9497565 90476702 83339100 0 0 0 0 156854 118374 109326906 101283232 4455615 2991831 106294275 104739709 2698172 1571348 113448062 109302888 X -4454156 -8352656 333000 333000 -4121156 -8019656 109326906 101283232 -3898500 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4166805 4166805 83359369 7208497 76150872 4658259 2166532 2491727 652232 122536 529696 83339100 LINE OF CREDIT 1495838 OPERATING LEASE LIABILITY 51008 REFUNDABLE ADVANCE 24502 1571348 X 28187802 1105069 1105069 27082733 27082733 32086302 1105069 1105069 30981233 30981233 Part X : FIN48 Footnote The School is exempt from federal income taxes under Section 501(c)(3) of the IRC and has not been classified as a private foundation as defined in the IRC. Income generated from activities unrelated to the Schools exempt purposes is subject to tax under IRC Section 511. The School had no unrelated business income for the year ended June 30, 2025. Accordingly, no provision has been made for federal income tax.GAAP requires the evaluation of tax positions taken in the course of preparing the Schools tax returns and recognition of a tax liability (or asset) if the School has taken an uncertain position that more likely than not would not be sustained upon examination by the Internal Revenue Service. Management has analyzed the tax positions taken by the School, and has concluded that as of June 30, 2025, there are no uncertain tax positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. true true true true true true true false false false false false false false false true false true Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized The student handbook available on the school website describes the school's nondiscriminatory policy. In addition, the FAQ's under the Enroll Now page also describes this policy. Schedule E, Line 4 - Explanation of Records and Materials Not Maintained Schedule E, Line 5 - Explanation of Organization Discrimination by Race Schedule E, Line 6 - Explanation of Aid or Assistance from Governmental Agency RECEIVES GRANT MONEY TO PROVIDE AN EDUCATION TO STUDENTS AT THE ELEMENTARY, MIDDLE SCHOOL, AND HIGH SCHOOL LEVEL. A ARLINGTON HIGHER ED FIN C 273906171 0418064v9 2021-11-01 52465000 CONSTRUCTION/debt retirement false false false B ARLINGTON HIGHER ED FIN C 273906171 2022-08-03 49405000 LAND AQUISTION/CONSTRUCTION false false false A 630000 52609317 1136415 3990364 884802 39690409 6907327 2022 true false true true B 50955328 3449790 6197110 927289 40081139 300000 2023 false false true true A false false false false false false true B false false false false false false true A false false false false false false B false false false false false false Part VI In November 2021, the School completed a transaction in which the Arlington Higher Education Finance Corporation (AHEFC) issued $52,465,000 Education Revenue Bonds Series 2021A loaned the proceeds of the bonds to the School. The School entered into a loan agreement with AHEFC for the proceeds of the bond issue, which are held by the bond trustee, Wilmington Trust, National Association. The bonds were issued as education revenue bonds, and have interest rates ranging from 4% to 5.25%, and are collateralized by a pledge of revenues of the School. The School is required to use the bond proceeds to refinance existing debt, pay debt issuance costs, provide capitalized interest on bonds, to fund a debt service reserve for bonds and to finance or refinance the costs of acquiring land, acquiring, constructing, improving and equipping educational facilities and facilities incidental, subordinated, or related thereto or appropriate in connection to the School. The difference between the issue price and the proceeds is bond premium.In September 2022, the School completed a transaction in which the Arlington Higher Education Finance Corporation (AHEFC) issued $49,405,000 Education Revenue Bonds Series 2022A and loaned the proceeds of the bonds to the School. The School entered into a loan agreement with AHEFC for the proceeds of the bond issue, which are held by the bond trustee, Wilmington Trust, National Association. The bonds were issued as education revenue bonds, and have interest rates ranging from 5% to 6.75%, and are collateralized by a pledge of revenues of the School. The School is required to use the bond proceeds to pay debt issuance costs, provide capitalized interest on bonds, to fund a debt service reserve for bonds and to finance or refinance the costs of acquiring land, acquiring, constructing, improving and equipping educational facilities and facilities incidental, subordinated, or related thereto or appropriate in connection to the School. The difference between the issue price and proceeds is bond premium. X 1 33211 FMV false false false Form 990, Part VI, Section A, Line 3 The school board hired Vertex Education as their CHARTER MANAGEMENT ORGANIZATION to manage operations, finance, and academic performance in partnership with the Superintendent. All purchasing and performance matters are managed under the direction of the Superintendent, who reports directly to the school board. Form 990, Part VI, Section A, Line 8b THE BOARD OF DIRECTORS (THE GOVERNING BODY) DID NOT HAVE ANY COMMITTEES THAT ACTED ON BEHALF OF THE GOVERNING BODY. Form 990, Part VI, Section B, Line 11b The Form 990 is reviewed by the school's financial leadership and is emailed to each of the Organization's governing board members for review prior to being filed. Form 990, Part VI, Section B, Line 12c POLICY ENFORCEMENT AND MONITORING IS THROUGH WRITTEN DISCLOSURE AND ANNUAL AUDIT QUESTIONAIRE. Form 990, Part VI, Section B, Line 15a SCHOOL OF EXCELLENCE DBA LEGACY TRADITIONAL SCHOOLS-TEXAS FOLLOWS GUIDELINES AS SET OUT BY THE TASBO (TEXAS ASSOCIATION OF SCHOOL BUSINESS OFFICIALS) AND TASA (TEXAS ASSOCIATION OF SCHOOL ADMINISTRATORS). Form 990, Part VI, Section B, Line 15b SCHOOL OF EXCELLENCE DBA LEGACY TRADITIONAL SCHOOLS-TEXAS FOLLOWS GUIDELINES AS SET OUT BY THE TASBO (TEXAS ASSOCIATION OF SCHOOL BUSINESS OFFICIALS) AND TASA (TEXAS ASSOCIATION OF SCHOOL ADMINISTRATORS). Form 990, Part VI, Section C, Line 19 AVAILABLE UPON REQUEST. THE SCHOOL OF EXCELLENCE EDUC FND 1886 BASSE RD SAN ANTONIO TX 78213 450892107 FUNDRAISING TX 501(C)(3) 7 N/A false false false false false false false false false false false false false false true false false false false false