New Legacy Charter School Qalicb
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 541,700 | 686,674 | −144,974 | -2.5 | 0% |
| 2022 | 187,184 | 417,545 | −230,361 | -10.8 | 0% |
| 2023 | 182,068 | 409,325 | −227,257 | -17.7 | 0% |
| 2024 | 191,262 | 419,993 | −228,731 | -23.8 | 0% |
In its most recent public year (2024), this organization spent $228,731 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-23.8 months), down from -2.5 in 2021. Staff pay was 0% of spending. $177,101 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 2024. 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
New Legacy Charter School Qalicb's IRS filings as a feed — one entry per filing year, through 2024. 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