By James Brown
Glasgow News 1
Glasgow Christian Academy has filed a civil lawsuit against its former principal, her husband and their company, alleging the group converted and misused school funds following a major property sale.
According to a verified complaint submitted in Barren Circuit Court, the defendants are former principal and chief administrator Tracy Shaw, her husband, Randy Shaw, and Shawboy’s Enterprises, LLC, which the couple owns. The private Christian school operates as a Kentucky nonprofit corporation in Glasgow.
A lawsuit is one side of a legal argument. The lawsuit was filed on June 8, 2026, and the certified summons to all three defendants was filed in court on June 17, 2026. Glasgow News 1 was directed to contact Randy Shaw via email. There has been no response to an email sent Thursday, July 16. Also as of July 16, the Shaws have not filed a response to the lawsuit.
GCA’s claims
The lawsuit states that Glasgow Christian Academy previously owned property on Calvary Drive in Glasgow and sold it on or about Nov. 21, 2019. According to the filing, the sale brought in more than $970,000, with most of the proceeds deposited into an investment portfolio to which Tracy Shaw had access.
School officials say Shaw urged the sale and represented that having liquid funds would strengthen the school’s long-term financial position. The complaint alleges that, after the sale, the school later entered a lease for new school facilities at a church where Randy Shaw was employed, and that the lease payments “far exceeded” expected market rates.
In the fall of 2025, the lawsuit says Shaw informed the school’s board of directors that Glasgow Christian Academy was essentially insolvent and lacked the capital to continue operating. The board alleges this was a surprise, given the earlier property sale and the absence of any prior warnings about financial trouble.
After that disclosure, the complaint states Tracy Shaw resigned from her role as principal and chief administrator. School leaders then tried to review financial records to understand how the school could have been operating at a nearly $200,000 annual deficit.
According to the filing, the board found that very few purchasing records, invoices or similar documents had been maintained. From the records that were available, the school alleges that many expenditures from its operating account were not legitimate operating expenses.
The complaint highlights recurring, substantial payments to wholesale food vendors such as Sysco Corporation and Gordon Food Services, totaling thousands of dollars per month. The school alleges those payments were suspicious because Glasgow Christian Academy did not operate a kitchen.
The lawsuit notes that around the same time, in December 2021, Randy and Tracy Shaw organized Shawboy’s Enterprises, LLC. According to the complaint, the company owns and operates Annie’s Family Kitchen, a restaurant on Cleveland Avenue in Glasgow.
The school alleges that the defendants converted and misappropriated its funds for their personal use and for the benefit of the restaurant business. It further claims that a fundraising effort involving prepaid credit cards was mishandled and that there is no clear record that cards bought with school funds were used for school purposes.
The complaint asserts that Shaw concealed the nature of certain expenditures and transactions through alleged misrepresentation, omission and poor record keeping. The filing accuses the defendants of fraudulent conversion, fraud, breach of fiduciary duty, unjust enrichment, violations of Kentucky law under KRS 446.070 and civil conspiracy.
Glasgow Christian Academy is asking for a jury trial, actual and punitive damages, post-judgment interest, costs and attorney fees, along with any additional relief the court may allow.
Key Facts
– Glasgow Christian Academy has filed a verified civil complaint in Barren Circuit Court
– The defendants are former principal Tracy Shaw, her husband, Randy Shaw, and Shawboy’s Enterprises, LLC
– The school alleges funds were converted and misused after a 2019 property sale exceeding $970,000
– The complaint cites large payments to food wholesalers despite the school not operating a kitchen
– The lawsuit claims money was diverted to benefit the defendants and their restaurant business
– The school also questions prepaid credit card fundraising purchases and missing financial records
– Causes of action include fraudulent conversion, fraud, breach of fiduciary duty, unjust enrichment, statutory claims and civil conspiracy
– The school says it later learned it was operating at a nearly $200,000 annual deficit and was “essentially insolvent”
Comments