Legacy Traditional School-Goodyear
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 0 | 215,317 | −215,317 | -12.0 | 20% |
| 2020 | 3,304,856 | 4,329,482 | −1,024,626 | -3.4 | 46% |
| 2021 | 4,427,343 | 5,243,501 | −816,158 | -4.7 | 43% |
| 2022 | 6,208,523 | 6,166,833 | 41,690 | -3.9 | 40% |
| 2023 | 6,862,431 | 6,913,925 | −51,494 | -3.6 | 44% |
In its most recent public year (2023), this organization spent $51,494 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-3.6 months), up from -12 in 2019. Staff pay was 44% 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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