Legacy Traditional Schools - Nevada Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 489 | 562,508 | −562,019 | -12.0 | 19% |
| 2018 | 9,336,990 | 11,661,696 | −2,324,706 | -3.4 | 37% |
| 2019 | 19,112,506 | 21,818,921 | −2,706,415 | -3.3 | 40% |
| 2020 | 33,122,827 | 37,374,453 | −4,251,626 | -3.3 | 37% |
| 2021 | 39,227,732 | 38,451,422 | 776,310 | -3.0 | 37% |
| 2022 | 37,103,358 | 38,692,704 | −1,589,346 | -3.4 | 38% |
| 2023 | 40,722,855 | 42,610,423 | −1,887,568 | -3.6 | 36% |
In its most recent public year (2023), this organization spent $1,887,568 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-3.6 months), up from -12 in 2017. Staff pay was 36% of spending. $8,423,687 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 Traditional Schools - Nevada Inc'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