Legacy Traditional School-North Chandler
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 3,279,616 | 4,861,420 | −1,581,804 | -4.8 | 37% |
| 2018 | 4,844,624 | 6,132,678 | −1,288,054 | -6.4 | 44% |
| 2019 | 7,069,634 | 7,844,656 | −775,022 | -6.2 | 47% |
| 2020 | 8,822,843 | 8,797,100 | 25,743 | -5.5 | 46% |
| 2021 | 8,487,812 | 9,219,530 | −731,718 | -6.2 | 44% |
| 2022 | 9,499,246 | 9,566,285 | −67,039 | -6.0 | 44% |
| 2023 | 10,699,465 | 9,740,658 | 958,807 | -4.7 | 45% |
In its most recent public year (2023), this organization brought in $958,807 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-4.7 months). 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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