2024-05-14T14:58:08-04:00 2023-06-30 208019714 JDS PROFESSIONAL GROUP 10303 E DRY CREEK RD STE 400 ENGLEWOOD CO 80112 990 2022-07-01 852525985 KINGDOM VISION LEGACY FUND KING 9284456306 1212 WARRIOR WAY PRESCOTT AZ 86305 RON MCGRAW PRESIDENT 9284456306 2024-05-13 true RON MCGRAW 999009999 true LORI B BAUER CPA P01260252 3037710123 2024-05-13 2022 2023-04-26 12:10:37Z RON MCGRAW 1212 WARRIOR WAY PRESCOTT AZ 86305 1202481 false X N/A X 2020 AZ KINGDOM VISION LEGACY FUND IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR THE SUPPORT OF TRINITY CHRISTIAN SCHOOL ACTIVITIES. 5 5 0 5 0 1364207 700000 0 -16561 3481 398000 499000 1745646 1202481 0 0 0 0 971 159106 12931 159106 12931 1586540 1189550 11825042 13405992 5188532 5014416 6636510 8391576 KINGDOM VISION LEGACY FUND IS ORGANIZED, AND SHALL BE OPERATED EXCLUSIVELY FOR THE SUPPORT OF TRINITY CHRISTIAN SCHOOL ACTIVITIES. false false 4359 THE PROGRAM IS TO HOLD AND CONSTRUCT ASSETS FOR THE USE OF TRINITY CHRISTIAN SCHOOL. TRINITY CHRISTIAN SCHOOL IS A KINDERGARTEN THROUGH 12TH GRADE CLASSICAL CHRISTIAN SCHOOL IN PRESCOTT, AZ AND HAS PROUDLY SERVED THE QUAD-CITY AREA SINCE 2003. TRINITY SERVES OVER 400 STUDENTS. PHASE ONE CONSTRUCTION OF CAMPUS ON 1212 WARRIOR WAY WAS COMPLETED IN JUNE 2021. CONSTRUCTION BEGAN FOR NEXT BUILDING(GYM)IN SEPTEMBER 2021 AND WAS COMPLETED IN JUNE 2023. 4359 true true false false false false false false false false true false false true true true false false false false false false false false false false false false false false false false false false false false false false false false false false true true false false false true 0 0 0 false false false false false false false false false false false false X 5 5 false false false false false true true true true false false true true true true true true false false false X KINGDOM VISION LEGACY FUND 9284456306 1212 WARRIOR WAY PRESCOTT AZ 86305 X RON MCGRAW PRESIDENT 1.00 1.00 X X 0 0 0 LARRY STANEK VICE PRESIDE 0.50 X X 0 0 0 ARCHIE WRIGHT SECRETARY 0.50 X X 0 0 0 CHERYL MINNICK TREASURER 0.50 X X 0 0 0 DAVID SOMMERVILLE MEMBER 0.50 X 0 0 0 false false false 700000 700000 3481 3481 499000 499000 499000 499000 1202481 502481 X 2118 1652 466 MISCELLANEOUS 8171 2451 5720 BANK & CREDIT CARD FEES 2296 1562 229 505 REPAIRS & MAINTENANCE 346 346 12931 4359 7601 971 759557 24758 1282633 5139 5610455 1423653 5610455 411254 8359199 7354386 11825042 13405992 5186032 5011916 2500 2500 5188532 5014416 X 6436510 8191576 200000 200000 6636510 8391576 11825042 13405992 X 1189550 92326 473190 X true X false true false X X X 1 TRINITY CHRISTIAN SCHOOL INC 481307052 2 true 0 0 1 0 true false false false false false false false false false false false false false false true false SUPPLEMENTAL INFORMATION THIS IS THE THIRD YEAR FOR KINGDOM VISION LEGACY FUND AND AS A SUPPORTING ORGANIZATION OF TRINITY CHRISTIAN SCHOOL INC. AS SUCH, LEASING OF PROPERTY TO TRINITY CHRISTIAN BEGAN. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1423653 1423653 4186802 4186802 5610455 CONSTRUCTION IN PROGRESS 7354386 7354386 SECURITY DEPOSIT 2500 2500 X 1294807 92326 92326 1202481 1202481 12931 12931 12931 SCHEDULE D, PAGE 3, PART X THE ORGANIZATION IS EXEMPT FROM INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND APPLICABLE ARIZONA REVISED STATUTES. CONTRIBUTIONS TO THE ORGANIZATION ARE TAX-DEDUCTIBLE WITHIN THE LIMITATIONS DESCRIBED BY THE CODE. AS OF JUNE 30, 2023, THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION WILL RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE IF INCURRED. THE ORGANIZATION BELIEVES THEY HAVE HAD NO UNRELATED BUSINESS INCOME FOR THE YEARS ENDED JUNE 30, 2023 AND 2022. KVLF'S INFORMATIONAL TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. THE TAX RETURNS FOR YEARS ENDED JUNE 30, 2020 TO 2023 ARE OPEN TO EXAMINATION BY FEDERAL AUTHORITIES AND FOR THE YEARS ENDED JUNE 30, 2019 TO 2023 BY STATE AUTHORITIES. FORM 990, PAGE 6, PART VI, LINE 7A SELF PERPETUATING BOARD WITH APPROVAL BY TRINITY BOARD. FORM 990, PAGE 6, PART VI, LINE 7B DECISIONS THEY MAKE ABOUT MEMBERS IS SUBJECT TO GOVERNING BOARD OF TRINITY. FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 IS PREPARED BY INDEPENDENT CPA AND REVIEWED BY BOARD OF DIRECTORS BEFORE IT IS FILED WITH IRS. FORM 990, PAGE 6, PART VI, LINE 12C THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY THAT THE BOARD IS AWARE OF AND REVIEWS AT LEAST ANNUALLY. FORM 990, PAGE 6, PART VI, LINE 19 UPON WRITTEN REQUEST TO THE BOARD OF DIRECTORS, A COPY OF THIS FORM 990 IS AVAILABLE AT THE BOARD'S DISCRETION FORM 990, PART IX, LINE 11G PROFESSIONAL FEES 0 1,652 466 FORM 990, PART XI, LINE 9 NET ASSETS AS OF JUNE 30, 2022 HAS BEEN RESTATED TO CAPITALIZE THE INTEREST EXPENSE ON BANK LOAN TO CONSTRUCTION IN PROGRESS IN THE AMOUNT OF 154,262 AND TO RECORD THE CHANGE IN VALUE OF DERIVATIVE SWAP AGREEMENT IN THE AMOUNT OF 318,928. 1212 WARRIOR WAY LLC 1212 WARRIOR WAY PRESCOTT AZ 86305 852747154 OWNS RE AZ 591326 13396302 NA TRINITY CHRISTIAN SCHOOL INC 1212 WARRIOR WAY PRESCOTT AZ 86305 481307052 EDUCATION AZ 501C3 2 NA false true false true false false false false false false false false false false true true false false false false TRINITY CHRISTIAN SCHOOL INC A 468000 TRANSACTIONS TRINITY CHRISTIAN SCHOOL INC C 700000 TRANSACTIONS TRINITY CHRISTIAN SCHOOL INC N 1500 ESTIMATE TRINITY CHRISTIAN SCHOOL INC O 2000 ESTIMATE