Legacy Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 48,974 | 22,232 | 26,742 | 15.0 | — |
| 2019 | 130,621 | 118,405 | 12,216 | 4.1 | — |
| 2020 | 182,091 | 167,701 | 14,390 | 3.9 | — |
| 2021 | 283,664 | 237,210 | 46,454 | 5.1 | 19% |
| 2022 | 820,811 | 368,397 | 452,414 | 18.0 | 19% |
| 2023 | 511,324 | 569,621 | −58,297 | 10.4 | 31% |
In its most recent public year (2023), this organization spent $58,297 more than it brought in. Its reserves stood at about 10.4 months of spending, down from 15 in 2018. Staff pay was 31% 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
Legacy Academy 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