Legacy Secondary Schools Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 4,496,093 | 4,313,675 | 182,418 | 1.2 | 56% |
| 2013 | 4,623,329 | 4,336,369 | 286,960 | 2.0 | 51% |
| 2014 | 4,393,782 | 3,889,139 | 504,643 | 3.8 | 44% |
| 2015 | 4,990,129 | 4,667,260 | 322,869 | 4.0 | 51% |
| 2016 | 5,628,631 | 5,211,979 | 416,652 | 4.5 | 47% |
| 2017 | 5,989,574 | 5,628,894 | 360,680 | 4.9 | 47% |
| 2018 | 6,296,494 | 6,187,284 | 109,210 | 4.7 | 48% |
| 2019 | 6,204,138 | 5,860,581 | 343,557 | 5.7 | 54% |
| 2020 | 6,253,916 | 5,534,246 | 719,670 | 7.6 | 59% |
| 2021 | 6,809,194 | 6,373,599 | 435,595 | 7.4 | 54% |
| 2022 | 6,761,544 | 7,699,544 | −938,000 | 4.7 | 52% |
In its most recent public year (2022), this organization spent $938,000 more than it brought in. Its reserves stood at about 4.7 months of spending, up from 1.2 in 2012. Staff pay was 52% of spending.
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 2022. 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
Legacy Secondary Schools Inc's IRS filings as a feed — one entry per filing year, through 2022. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works