Legacy Learning Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 266,395 | 211,493 | 54,902 | 3.1 | 73% |
| 2016 | 377,035 | 345,064 | 31,971 | 3.0 | 71% |
| 2017 | 605,783 | 525,514 | 80,269 | 3.8 | 80% |
| 2018 | 765,724 | 736,345 | 29,379 | 3.2 | 64% |
| 2019 | 901,596 | 661,740 | 239,856 | 7.9 | 58% |
| 2020 | 1,036,578 | 868,989 | 167,589 | 8.4 | 58% |
| 2021 | 1,278,608 | 1,164,095 | 114,513 | 7.4 | 65% |
| 2022 | 1,385,142 | 1,195,378 | 189,764 | 9.1 | 58% |
| 2023 | 1,697,893 | 2,003,258 | −305,365 | 3.6 | 40% |
| 2024 | 2,455,091 | 1,884,818 | 570,273 | 7.1 | 42% |
In its most recent public year (2024), this organization brought in $570,273 more than it spent. Its reserves stood at about 7.1 months of spending, up from 3.1 in 2015. Staff pay was 42% 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 2024. 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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