Legacy Christian School Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 373,241 | 457,222 | −83,981 | -6.5 | 47% |
| 2011 | 871,820 | 755,832 | 115,988 | -1.1 | 7% |
| 2012 | 867,673 | 1,111,436 | −243,763 | -0.8 | 41% |
| 2013 | 1,235,816 | 1,332,198 | −96,382 | -0.7 | 45% |
| 2014 | 1,352,825 | 1,319,891 | 32,934 | -1.1 | 53% |
| 2015 | 1,516,189 | 1,447,084 | 69,105 | -1.3 | 49% |
| 2016 | 2,018,711 | 1,802,930 | 215,781 | 0.1 | 49% |
| 2017 | 2,018,213 | 1,958,819 | 59,394 | 0.3 | 50% |
| 2018 | 2,017,087 | 1,977,869 | 39,218 | 0.3 | 52% |
| 2019 | 2,166,099 | 2,135,376 | 30,723 | 0.2 | 50% |
| 2020 | 1,707,602 | 2,075,303 | −367,701 | -2.4 | 49% |
| 2021 | 2,802,638 | 2,503,243 | 299,395 | -0.8 | 46% |
| 2022 | 2,903,468 | 3,068,219 | −164,751 | -1.1 | 45% |
| 2023 | 3,364,916 | 3,224,991 | 139,925 | -0.6 | 45% |
In its most recent public year (2023), this organization brought in $139,925 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-0.6 months), up from -6.5 in 2010. Staff pay was 45% 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 2023. 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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