Legacy Preparatory Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 5,071,206 | 5,144,643 | −73,437 | -1.1 | 53% |
| 2012 | 5,933,615 | 5,745,678 | 187,937 | -0.6 | 54% |
| 2013 | 6,884,514 | 6,558,402 | 326,112 | 0.2 | 53% |
| 2014 | 6,615,291 | 6,471,685 | 143,606 | 0.4 | 49% |
| 2015 | 6,464,527 | 6,360,491 | 104,036 | -0.1 | 52% |
| 2016 | 6,694,846 | 6,517,229 | 177,617 | 0.3 | 52% |
| 2017 | 7,473,222 | 6,826,570 | 646,652 | 1.4 | 50% |
| 2018 | 7,786,940 | 6,937,281 | 849,659 | 2.8 | 53% |
| 2019 | 8,286,740 | 7,182,478 | 1,104,262 | 4.6 | 54% |
| 2020 | 8,694,182 | 7,562,818 | 1,131,364 | 6.2 | 57% |
| 2021 | 8,923,520 | 7,585,535 | 1,337,985 | 8.3 | 60% |
| 2022 | 9,927,655 | 9,071,580 | 856,075 | 8.0 | 0% |
| 2023 | 9,360,799 | 9,174,491 | 186,308 | 8.2 | 0% |
In its most recent public year (2023), this organization brought in $186,308 more than it spent. Its reserves stood at about 8.2 months of spending, up from -1.1 in 2011. Staff pay was 0% of spending. $3,506,097 of its net assets are donor-restricted.
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
Legacy Preparatory Academy's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works