Magnolia Housing Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 28,454 | 102,326 | −73,872 | -8.7 | 13% |
| 2013 | 130,620 | 235,944 | −105,324 | -9.1 | 15% |
| 2014 | 140,915 | 251,537 | −110,622 | -13.8 | 13% |
| 2015 | 144,708 | 273,663 | −128,955 | -18.4 | 13% |
| 2016 | 139,292 | 274,441 | −135,149 | -24.2 | 13% |
| 2017 | 205,292 | 319,942 | −114,650 | -25.1 | 13% |
| 2018 | 211,649 | 289,311 | −77,662 | -31.0 | 16% |
| 2019 | 226,739 | 358,212 | −131,473 | -29.4 | 12% |
| 2020 | 226,405 | 331,428 | −105,023 | -35.6 | 16% |
| 2021 | 246,390 | 352,885 | −106,495 | -37.0 | 16% |
| 2022 | 240,451 | 350,077 | −109,626 | -41.1 | 16% |
| 2023 | 260,392 | 351,446 | −91,054 | -44.0 | 18% |
In its most recent public year (2023), this organization spent $91,054 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-44 months), down from -8.7 in 2012. Staff pay was 18% 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
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