Legacy Traditional School-Queen Creek
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 6,929,293 | 6,972,568 | −43,275 | -2.9 | 43% |
| 2017 | 7,973,452 | 7,805,536 | 167,916 | -2.4 | 43% |
| 2018 | 8,494,910 | 8,343,331 | 151,579 | -2.0 | 46% |
| 2019 | 9,663,034 | 9,169,885 | 493,149 | -1.2 | 47% |
| 2020 | 10,685,422 | 10,308,929 | 376,493 | -0.6 | 47% |
| 2021 | 11,762,909 | 11,283,017 | 479,892 | -0.0 | 48% |
| 2022 | 12,905,658 | 13,649,497 | −743,839 | -0.7 | 39% |
| 2023 | 12,327,817 | 11,777,216 | 550,601 | -0.2 | 44% |
In its most recent public year (2023), this organization brought in $550,601 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-0.2 months), up from -2.9 in 2016. Staff pay was 44% 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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