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Legacy Education Inc.

CIK: 18367542 Annual ReportsLatest: 2026-09-24
Revenue: $80,056,194Net Income: $9,139,483Source 10-K
Disclaimer: AI-assisted summary of SEC Form 10-K filings. Not official company content and not investment, legal, accounting, or tax advice. See full disclaimer here.

10-K / September 24, 2026

Revenue:$80,056,194
Income:$9,139,483

10-K / October 1, 2024

Revenue:$46,000,316
Income:$5,114,852

10-K / September 24, 2026

Legacy Education Inc.

Legacy Education Inc. provides career-focused post-secondary education through accredited institutions serving adult learners at various life stages.

Institutions

  • High Desert Medical College (HDMC) — acquired July 2010; main campus in Lancaster, CA; branches in Bakersfield, CA and Temecula, CA.
  • Central Coast College (CCC) — established 1983; current campus in Salinas, CA; planned Houston, TX location (lease executed September 2026; expected opening November 2026, subject to regulatory and accreditation approvals).
  • Integrity College of Health (Integrity) — established 2007; Pasadena, CA campus; initial 24.5% interest acquired December 2019, remaining 75.5% acquired December 2020.
  • Contra Costa Medical Career College (CCMCC) — established 2007; Antioch, CA; assets acquired December 2024 (Legacy Education Antioch, LLC as buyer).

Enrollment (as of June 30, 2026)

  • Total enrolled across all institutions: 3,377
    • HDMC: 2,097
    • CCC: 576
    • Integrity: 196
    • CCMCC: 508

Faculty and staff

  • Full-time faculty: ~120 (including 16 program directors)
  • Part-time faculty: ~180
  • Non-faculty staff: ~185 (student services, admissions, financial aid, IT, HR, accounting, administration, etc.)
  • No collective bargaining agreements with employees

Programs and curricula

HDMC (Lancaster, Bakersfield, Temecula)

  • Associate and diploma programs across Ultrasound Technology (UT), Vocational Nursing (VN), Registered Nursing/ADN, Cardiac Sonography, MRI, Surgical Technology, Sterile Processing, Dental/Clinical Medical/Medical Administrative/Medical Billing and Coding, Pharmacy Technician, Veterinary Assistant, Phlebotomy (avocational), EMT, and related allied health pathways.
  • Degree and program offerings include UT AAS, VN AAS, ADN, Cardiac Sonography AAS, MRI AAS, Surgical Technology AAS, UT Diploma, among others. (Full program list is available in the source document.)

CCC (Salinas; Houston planned)

  • Healthcare and allied programs including UT AAS, Cardiac Sonography, MRI, VN, Surgical Technology, Sterile Processing Technician, Dental/Medical Assisting, Veterinary Assistant, Medical Administrative Assistant, Medical Billing and Coding, Pharmacy Technician, Phlebotomy (avocational), and related certificates and diplomas.

Integrity (Pasadena)

  • Programs: VN, RN-to-BSN, Medical Assisting, Medical Billing and Coding, Veterinary Assistant, Sterile Processing Technician, Diagnostic Medical Sonography.
  • Accreditation and approvals: NLN CNEA initial accreditation for the RN-to-BSN track awarded June 2025; ABHES accreditation current through February 2032.
  • Plans to offer an EMT program pending state approval (not approved for Title IV funds; anticipated late 2026).

CCMCC (Antioch)

  • Programs: VN, Surgical Technology AAS, Sterile Processing Technician, Medical Assisting with Phlebotomy, Dental Assisting, Diagnostic Medical Sonography, and related certificate/avocational offerings.
  • Approvals and program expansions: ACCET/BPPE/ABHES/CSAAVE approvals in process for certain programs following the 2024 acquisition; planned expansion to include MRI, Cardiac Sonography, and RN-related tracks.

Regulation, accreditation, and funding

Title IV participation

  • Each institution participates in Title IV programs; program participation status varies by campus and acquisition:
    • HDMC and CCC: program participation agreements expiring September 2026; recertification applications are in progress.
    • Integrity: program participation agreement on a provisional basis, expiring March 31, 2029.
    • CCMCC: participating under a temporary provisional program participation agreement (TPPPA) following the December 2024 acquisition; ED review ongoing.

Accrediting and programmatic accreditation

  • HDMC: ACCET accreditation through April 2029.
  • CCC: ACCET accreditation through April 2030.
  • CCMCC: ACCET accreditation through February 2033; Surgical Technology reaccreditation achieved Spring 2026.
  • Integrity: ABHES accreditation through February 2032; NLN CNEA initial accreditation for RN-to-BSN track in 2025; ABHES reaccreditation in 2032.
  • Additional ABHES/ACCET programmatic approvals are being pursued for programs such as Surgical Technology and MRI/Cardiac Sonography/UT-related tracks.

Key regulatory themes affecting operations

  • Financial responsibility indicators (ED composite scores and potential letters of credit).
  • 90/10 rule and ARPA-expanded definitions that include other federal funds.
  • Gainful employment and accountability measures, including evolving OBBBA rules.
  • Borrower defense to repayment (BDR) adjudication and related litigation.
  • Change of ownership controls and reporting requirements; ED and state approvals required for acquisitions and new campuses.
  • Return of Title IV funds and related ED rules (policy updates effective July 2026).
  • Administrative capability standards updated in 2024–2025; ED may impose additional requirements on Title IV-participating institutions.

Growth strategy and operations

  • Moderate expansion of existing programs and approval of new nursing programs (RN-to-BSN at Bakersfield and Salinas).
  • Introduction of dental hygiene, online offerings, and expansion of branch campuses (e.g., CCC’s Houston location).
  • Acquisition strategy that evaluates opportunities outside California (Texas, Nevada, Colorado, New Mexico) and adds trade programs to broaden the national footprint.
  • Focus areas: student success and retention, brand differentiation, employer relationships, and diversified program delivery including online components.

Geographic footprint

  • California-centric campus network:
    • HDMC: Lancaster, Bakersfield, Temecula
    • CCC: Salinas (Houston planned)
    • Integrity: Pasadena
    • CCMCC: Antioch

Public information and filings

  • Company website: www.legacyed.com
  • SEC filings available at sec.gov

If you would like, I can convert this into a concise executive summary, a campus-by-campus program catalog, or a timeline of acquisitions and regulatory milestones.