Magical Builders
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 71,834 | 62,405 | 9,429 | 5.7 | — |
| 2021 | 152,537 | 154,884 | −2,347 | 2.1 | — |
| 2022 | 360,814 | 345,621 | 15,193 | 1.5 | 0% |
In its most recent public year (2022), this organization brought in $15,193 more than it spent. Its reserves stood at about 1.5 months of spending, down from 5.7 in 2020. Staff pay was 0% 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 2022. 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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