Legion Collegiate Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 173,448 | 324,540 | −151,092 | -5.6 | — |
| 2020 | 3,443,957 | 4,202,067 | −758,110 | -2.7 | 23% |
| 2021 | 4,353,425 | 4,683,202 | −329,777 | -3.3 | 30% |
| 2022 | 5,143,099 | 5,403,466 | −260,367 | -3.4 | 28% |
| 2023 | 6,240,750 | 5,894,640 | 346,110 | -2.4 | 29% |
In its most recent public year (2023), this organization brought in $346,110 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-2.4 months), up from -5.6 in 2019. Staff pay was 29% 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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