Rainbow Of Magnolia Fountains Of Life
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 56,564 | 51,046 | 5,518 | 1.9 | — |
| 2012 | 56,477 | 49,772 | 6,705 | 3.6 | — |
| 2013 | 58,673 | 53,630 | 5,043 | 4.5 | — |
| 2014 | 71,010 | 80,082 | −9,072 | 1.6 | — |
| 2015 | 101,709 | 96,302 | 5,407 | 2.0 | — |
| 2016 | 94,250 | 88,682 | 5,568 | 3.0 | — |
| 2017 | 91,998 | 104,727 | −12,729 | 1.0 | — |
| 2018 | 107,122 | 90,324 | 16,798 | 3.4 | — |
| 2019 | 138,993 | 133,569 | 5,424 | 2.8 | — |
| 2020 | 218,670 | 230,865 | −12,195 | 1.0 | 0% |
| 2021 | 223,255 | 231,235 | −7,980 | 0.6 | 0% |
| 2022 | 329,802 | 329,971 | −169 | 0.4 | 0% |
| 2023 | 383,260 | 384,008 | −748 | 0.3 | 0% |
In its most recent public year (2023), this organization spent $748 more than it brought in. Its reserves stood at about 0.3 months of spending, down from 1.9 in 2011. 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 2023. 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
Rainbow Of Magnolia Fountains Of Life's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works