Legacy Traditional School- Avondale Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 11,134,401 | 10,562,337 | 572,064 | 4.5 | 43% |
| 2021 | 12,125,697 | 10,806,640 | 1,319,057 | 5.8 | 46% |
| 2022 | 13,191,558 | 12,324,784 | 866,774 | 6.0 | 39% |
| 2023 | 15,184,998 | 13,202,621 | 1,982,377 | 7.4 | 40% |
In its most recent public year (2023), this organization brought in $1,982,377 more than it spent. Its reserves stood at about 7.4 months of spending, up from 4.5 in 2020. Staff pay was 40% 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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