Magnolia Tennis Club Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 88,096 | 119,774 | −31,678 | 8.5 | — |
| 2022 | 144,472 | 125,051 | 19,421 | 12.2 | — |
| 2023 | 131,278 | 134,150 | −2,872 | 13.2 | — |
| 2024 | 114,403 | 144,492 | −30,089 | 11.6 | — |
In its most recent public year (2024), this organization spent $30,089 more than it brought in. Its reserves stood at about 11.6 months of spending, up from 8.5 in 2021.
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
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