BEducationEIN: 841413963· Ruling Year: 2000

Legacy Academy

Elizabeth, Colorado

DHealth Score
33D

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Poor

How This Organization Compares

Compared to 4 peers in Education with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org-0.43×
Peer Median20.77×
💰
$5.7M
Total Revenue
📊
$5.5M
Total Expenses
🏦
-$2.4M
Net Assets
📋
$15.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-13.3%
Year-over-year change (2022 → 2023)
Net Margin
+2.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
-0.43
Net assets divided by total expenses
Liabilities-to-Assets
118.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$5,652,40513%$5,533,30615%$12,771,8374%
2022$6,521,08216%$4,817,97516%$12,265,7614%
2021$5,616,64810%$4,135,981$12,732,6922%
2020$5,128,02622%$4,134,40411%$12,974,6482%
2019$4,201,07515%$3,734,55729%$12,777,50328%
2018$3,652,3292%$5,251,68112%$10,003,7291%
2017$3,563,74413%$4,701,31640%$10,148,15649%
2016$3,152,3847%$3,365,4955%$6,827,8127%
2015$2,947,1242%$3,204,05311%$6,406,0602%
2014$2,881,5175%$2,885,8923%$6,256,6367%
2013$3,044,8201%$2,814,53718%$6,747,8931%
2012$3,020,69433%$3,431,50837%$6,820,085
2011$2,267,700$2,500,080$6,787,618

Frequently Asked Questions

What does Legacy Academy do?

Legacy Academy is a education nonprofit organization based in Colorado. It is classified under NTEE code B24 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Legacy Academy financially healthy?

Based on our 9-metric Financial Health Score model, Legacy Academy has a score of 33/100 (Grade: D). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Legacy Academy generate?

Legacy Academy reports $6.8M in annual revenue and holds $4.1M in total assets, based on IRS filings.

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