BEducationEIN: 812601194· Ruling Year: 2017

Legacy Schools

Birmingham, Alabama

A-Health Score
80A-

Financial Health Score

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

Very Good

How This Organization Compares

Compared to 73 peers in Education with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.35×
Peer Median9.48×
💰
$6.4M
Total Revenue
📊
$5.3M
Total Expenses
🏦
$1.9M
Net Assets
📋
$562K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+29.3%
Year-over-year change (2022 → 2023)
Net Margin
+16.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.35
Net assets divided by total expenses
Liabilities-to-Assets
23.2%
Total liabilities as % of total assets

Filing History

7 filings on record
YearRevenueExpensesAssets
2023$6,399,07829%$5,349,73618%$2,420,70261%
2022$4,949,42344%$4,539,5094%$1,502,199151%
2021$3,436,66915%$4,366,31651%$597,74946%
2020$2,988,10986%$2,899,454287%$1,107,3754%
2019$1,605,4501075%$749,379158%$1,154,2491849%
2018$136,64372%$291,0118%$59,21372%
2017$483,893$270,312$213,996

Frequently Asked Questions

What does Legacy Schools do?

Legacy Schools is a education nonprofit organization based in Alabama. It is classified under NTEE code B29 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Legacy Schools financially healthy?

Based on our 9-metric Financial Health Score model, Legacy Schools has a score of 80/100 (Grade: A-). 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 Schools generate?

Legacy Schools reports $10.4M in annual revenue and holds $5.5M in total assets, based on IRS filings.

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