Legacy Christian School Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 12,590 | 4,348 | 8,242 | 22.7 | — |
| 2016 | 36,892 | 21,994 | 14,898 | 12.3 | — |
| 2017 | 159,891 | 147,867 | 12,024 | 2.7 | — |
| 2018 | 135,182 | 132,938 | 2,244 | 3.1 | — |
| 2019 | 149,435 | 158,066 | −8,631 | 1.9 | — |
| 2020 | 184,471 | 141,265 | 43,206 | 5.9 | — |
In its most recent public year (2020), this organization brought in $43,206 more than it spent. Its reserves stood at about 5.9 months of spending, down from 22.7 in 2015.
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 2020. 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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