2026-04-20T16:57:39-05:00 2025-06-30 410746749 CLIFTONLARSONALLEN LLP 2210 E ROUTE 66 GLENDORA CA 91740 990 2024-07-01 460504300 THE LEGACY FUND LEGA 7145600900 1010 N MAIN STREET SANTA ANA CA 92701 GREGORY ENDELMAN COO 7145600900 2026-04-17 1 1 WADE MCMULLEN P00541671 6268577300 2026-04-08 2024 2025-03-06 01:10:19Z GREGORY ENDELMAN 1010 N MAIN STREET SANTA ANA CA 92701 6395313 0 X N/A X 2004 CA TO BENEFIT THE ORANGE COUNTY SCHOOL OF THE ARTS (OCSA) AND THE OCSA FOUNDATION. 4 4 0 4 0 0 846619 1040912 4836000 4836000 49335 518401 0 0 5731954 6395313 1000000 0 0 0 0 0 0 0 0 3850868 4136139 4850868 4136139 881086 2259174 67916800 73445288 40058720 43328034 27858080 30117254 TO BENEFIT THE ORANGE COUNTY SCHOOL OF THE ARTS (OCSA) AND THE ORANGE COUNTY SCHOOL OF THE ARTS FOUNDATION. 0 0 4018890 0 4836000 THE LEGACY FUND (THE FUND) IS A NONPROFIT PUBLIC BENEFIT CORPORATION ORGANIZED UNDER THE NON-PROFIT PUBLIC BENEFIT CORPORATION LAW OF THE STATE OF CALFIORNIA. THE FUND WAS ORGANIZED FOR THE SPECIFIC PURPOSE TO BENEFIT THE ORANGE COUNTY SCHOOL OF THE ARTS (OCSA) AND THE ORANGE COUNTY SCHOOL OF THE ARTS FOUNDATION (THE FOUNDATION). ITS MAIN FUNCTION IS TO HOLD AND DEVELOP FACILTIES FOR THE BENEFIT OF OCSA. 4018890 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 5 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 4 0 1 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 CA X GREGORY ENDELMAN 7145600900 1010 N MAIN ST SANTA ANA CA 92701 STEVE WAGNER FORMER COO (THROUGH JUNE 2024) 1.00 46.00 X 0 183192 32137 GREGORY ENDELMAN COO (AS OF JULY 2024) 1.00 46.00 X 0 141031 23501 MATT DEARMEY CFO 2.00 0.00 X X 0 0 0 BERNARD SCHNEIDER PRESIDENT 2.00 0.00 X X 0 0 0 MARY FINLAY SECRETARY 2.00 0.00 X X 0 0 0 KURT BUSCH DIRECTOR 2.00 0.00 X 0 0 0 0 324223 55638 0 1 1 0 0 1030500 10412 1040912 RENTAL INCOME 531120 4836000 4836000 4836000 518401 518401 6395313 4836000 0 518401 60000 60000 27413 27413 465901 465901 1535490 1535490 1961197 1961197 5498 5498 OTHER EXPENSES 80640 56302 24338 4136139 4018890 117249 0 3102223 4075383 201554 750685 1310000 5879129 62959 58192 76372678 19796915 55794531 56575763 7445533 6106136 67916800 73445288 479125 696233 83315 33495679 36502063 6083916 6046423 40058720 43328034 X 24835446 29828220 3022634 289034 27858080 30117254 67916800 73445288 2259174 0 X X 0 1 X 1 0 X 8516922 2839225 1059228 846619 1040912 14302906 8516922 2839225 1059228 846619 1040912 14302906 14302906 78915 78752 55981 49335 518401 781384 15084290 23083500 0.94820 0.97660 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12918591 12918591 58902446 19796105 39106341 810 810 0 4550831 4550831 56575763 DEPOSITS 6734 RIGH-OF-USE LEASE ASSET - OPERATING 5629911 DUE FROM OCSA 66491 RENT RECEIVABLE 403000 6106136 LEASE LIABILITY - OPERATING 6046423 6046423 X 6395313 0 6395313 0 6395313 4136139 0 4136139 0 4136139 PART X, LINE 2: THE FUND QUALIFIES AS A TAX EXEMPT ORGANIZATION UNDER THE APPLICABLE SECTIONS OF THE INTERNAL REVENUE CODE SECTION 501(C)(3) AND CALIFORNIA REVENUE AND TAXATION CODE SECTION 23701D. THE FUND HAS EVALUATED ITS TAX POSITIONS AND THE CERTAINTY AS TO WHETHER THOSE POSITIONS WILL BE SUSTAINED IN THE EVENT OF AN AUDIT BY TAXING AUTHORITIES AT THE FEDERAL AND STATE LEVELS. THE PRIMARY TAX POSITIONS EVALUATED ARE RELATED TO THE FUND'S CONTINUED QUALIFICATION AS A TAX-EXEMPT ORGANIZATION AND WHETHER THERE ARE UNRELATED BUSINESS INCOME ACTIVITIES CONDUCTED THAT WOULD BE TAXABLE. MANAGEMENT HAS DETERMINED THAT ALL INCOME TAX POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED UPON POTENTIAL AUDIT OR EXAMINATION; THEREFORE, NO DISCLOSURES OF UNCERTAIN INCOME TAX POSITIONS ARE REQUIRED. THE FUND FILES INFORMATIONAL RETURNS IN THE U.S. FEDERAL JURISDICTION, AND THE STATE OF CALIFORNIA. 0 0 0 0 0 0 0 0 0 STEVE WAGNER FORMER COO (THROUGH JUNE 2024) 0 167082 0 0 0 16110 0 32053 0 84 0 215329 0 0 GREGORY ENDELMAN COO (AS OF JULY 2024) 0 122605 0 0 0 18426 0 23417 0 84 0 164532 0 0 PART I, LINE 3 ORANGE COUNTY SCHOOL OF THE ARTS DETERMINES THE EXECUTIVE DIRECTOR'S PAY. THE PAY IS DETERMINED BASED ON DATA PROVIDED BY EXTERNAL CHARTER MANAGEMENT ORGANIZATIONS AND THROUGH COMPARISON STUDIES OF OTHER CHARTER SCHOOLS. THE BOARD MUST VOTE TO APPROVE THE EXECUTIVE DIRECTOR'S COMPENSATION AS A DIRECT ACTION. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2024. FORM 990, PART VI, SECTION A, LINE 3 AN AGREEMENT WAS SIGNED ON SEPTEMBER 14, 2009 FOR A RELATED PARTY (OCSA) TO PERFORM PROPERTY MANAGEMENT, ACCOUNTING AND FINANCIAL REPORTING FOR THE LEGACY FUND. A $2,000 FEE IS PAID MONTHLY FOR THIS SERVICE. FORM 990, PART VI, SECTION A, LINE 8B NO COMMITTEES HAVE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE ORGANIZATION'S OUTSIDE PUBLIC ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY MANAGEMENT. ONCE A DRAFT OF THE RETURN IS AVAILABLE, IT IS REVIEWED BY MANAGEMENT WITH ANY CHANGES OR REVISIONS INCORPORATED INTO THE FILING. THE REVISED RETURN IS THEN SUBMITTED TO THE BOARD OF DIRECTORS FOR THEIR REVIEW AND APPROVAL PRIOR TO SUBMITTING TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C MONITORING IS PERFORMED REGULARLY BY THE OFFICERS TO IDENTIFY POTENTIAL CONFLICTS OF INTEREST. ANY QUESTION OF A CONFLICT IS ADDRESSED WITH THE BOARD MEMBER, OFFICER, OR EMPLOYEE, WHO IS REQUIRED TO DISCLOSE THE EXISTENCE OF ANY FINANCIAL INTEREST AND BE AFFORDED THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE BOARD AND EXECUTIVE DIRECTOR. IF A CONFLICT OF INTEREST IS IDENTIFIED, THE APPROPRIATE ACTION IS TAKEN, INCLUDING LIMITATIONS TO THE INDIVIDUAL'S INFLUENCE ON RELATED BUSINESS MATTERS. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS FOR OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. ORANGE COUNTY SCHOOL OF THE ARTS 1010 N MAIN STREET SANTA ANA CA 92701 330891574 SCHOOL CA 501(C)(3) LINE 2 N/A 0 OCSA FOUNDATION 1010 N MAIN STREET SANTA ANA CA 92701 330377341 FUNDRAISING CA 501(C)(3) LINE 7 N/A 0 CALIFORNIA SCHOOL OF THE ARTS - SAN GABRIEL VALLEY 1401 HIGHLAND AVE DUARTE CA 91010 813919990 SCHOOL CA 501(C)(3) LINE 2 N/A 0 0 0 1 1 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0