Legacy Traditional Schools - Nevada Inc is a 501(c)(3) organization based in Chandler, Arizona, registered in 2016, with $47,593,807 in FY2023 revenue. CharityIndex grades it D.
Revenue (FY2023)
$47.6M
▲ 16.9% vs prior year
Education median: $200K
Expenses (FY2023)
$53.8M
Net assets
-$18.8M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Legacy Traditional Schools - Nevada Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Legacy Traditional Schools - Nevada Inc: 0 mo reserves · -13% margin earns a D on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Legacy Traditional Schools - Nevada Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Legacy Traditional Schools - Nevada Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $489 (FY2016) to $47.6M (FY2023) across 8 reported years.
Financial snapshot
Operating margin
-13.0%
Spent more than it raised in the latest fiscal year.
Total assets
$97.3M
Total liabilities
$116.1M
Net assets
-$18.8M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $47,593,807▲16.9% | $53,766,749▲26.2% | -$18,817,190▼45.5% | $97,267,885▼3.9% | 990 |
| 2022 | $40,722,855▲9.8% | $42,610,423▲10.1% | -$12,931,367▼17.1% | $101,216,391▼0.3% | 990 |
| 2021 | $37,103,358▼5.4% | $38,692,704▲0.6% | -$11,043,799▼16.8% | $101,557,263▲3.1% | 990 |
| 2020 | $39,227,732▲18.4% | $38,451,422▲2.9% | -$9,454,453▲7.6% | $98,471,077▲8.2% | 990 |
| 2019 | $33,122,827▲73.3% | $37,374,453▲71.3% | -$10,230,763▼71.1% | $90,972,204▲12.4% | 990 |
| 2018 | $19,112,506▲105% | $21,818,921▲87.1% | -$5,979,137▼82.7% | $80,924,654▲8.7% | 990 |
| 2017 | $9,336,990▲1909305% | $11,661,696▲1973% | -$3,272,722▼482% | $74,437,345▲194% | 990 |
| 2016 | $489 | $562,508 | -$562,019 | $25,290,011 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Legacy Traditional Schools - Nevada Inc (EIN 81-1370901) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.