Legacy Of Grace School Tuition Organization Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 347,600 | 331,738 | 15,862 | 13.6 | 0% |
| 2013 | 370,452 | 344,920 | 25,532 | 13.9 | 0% |
| 2014 | 405,313 | 390,280 | 15,033 | 12.8 | 0% |
| 2015 | 563,759 | 390,765 | 172,994 | 18.1 | 0% |
| 2016 | 580,517 | 571,620 | 8,897 | 12.5 | 0% |
| 2017 | 599,947 | 549,246 | 50,701 | 14.2 | 0% |
| 2018 | 612,602 | 576,990 | 35,612 | 14.2 | 0% |
| 2019 | 414,351 | 577,385 | −163,034 | 10.8 | 0% |
| 2020 | 295,901 | 412,899 | −116,998 | 11.7 | 0% |
| 2021 | 505,562 | 360,018 | 145,544 | 18.3 | 0% |
| 2022 | 420,658 | 465,711 | −45,053 | 13.0 | 0% |
| 2023 | 551,213 | 483,044 | 68,169 | 14.2 | 0% |
| 2024 | 464,434 | 515,350 | −50,916 | 12.1 | 0% |
In its most recent public year (2024), this organization spent $50,916 more than it brought in. Its reserves stood at about 12.1 months of spending, down from 13.6 in 2012. Staff pay was 0% of spending. $403,469 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2024. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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