Glasgow Christian Academy files lawsuit against former principal, husband, and company over alleged misuse of funds

Glasgow Christian Academy has initiated a civil lawsuit against its former principal, her husband, and their company, alleging the misuse of school funds following a significant property sale. The complaint, filed in Barren Circuit Court on June 8, 2026, names Tracy Shaw, the former principal and chief administrator, her husband Randy Shaw, and Shawboy’s Enterprises, LLC, the company they own. The private Christian school operates as a nonprofit corporation in Glasgow, Kentucky.

The lawsuit claims that in November 2019, the school sold property on Calvary Drive, generating over $970,000 in proceeds. Most of the funds were deposited into an investment portfolio, which Tracy Shaw had access to. School officials allege that Shaw encouraged the sale, stating that liquid funds would strengthen the school’s long-term financial stability. However, subsequent lease agreements for new facilities at a church where Randy Shaw was employed reportedly involved payments that exceeded expected market rates.

In the fall of 2025, the board was informed by Tracy Shaw that the school was facing insolvency and lacked the capital to continue operations. This revelation came as a surprise to the board, given the earlier property sale and the absence of prior financial warnings. Following this disclosure, Tracy Shaw resigned from her position. The board then sought to review financial records to understand how the school could have operated at an annual deficit of nearly $200,000.

The complaint states that the board discovered a lack of proper purchasing records, invoices, and other financial documentation. From the available records, the school alleges that many expenditures from its operating account were not legitimate operating expenses. The board is now seeking to determine the extent of financial mismanagement and the impact on the school’s operations.

The legal proceedings are ongoing, with the Shaws having not responded to the lawsuit or the certified summons as of July 16, 2026. The case highlights concerns about financial accountability and governance within Christian educational institutions. As Proverbs 31:8-9 reminds us, we are called to speak up for those who cannot speak for themselves, ensuring that justice is served and that the vulnerable are protected.

Source: Read the original report