Magnalia Homestead Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 137,550 | 130,902 | 6,648 | 0.6 | — |
| 2013 | 119,923 | 107,722 | 12,201 | 2.1 | — |
| 2014 | 70,900 | 72,677 | −1,777 | 2.8 | — |
| 2015 | 151,460 | 122,740 | 28,720 | 4.5 | — |
| 2016 | 171,576 | 187,267 | −15,691 | 2.0 | — |
| 2017 | 144,884 | 145,696 | −812 | 2.6 | — |
| 2018 | 84,570 | 100,255 | −15,685 | 1.8 | — |
| 2019 | 52,069 | 57,571 | −5,502 | 2.0 | — |
| 2020 | 197,378 | 94,557 | 102,821 | 12.3 | — |
| 2021 | 174,601 | 148,270 | 26,331 | 10.0 | 0% |
| 2022 | 302,648 | 288,193 | 14,455 | 5.8 | 0% |
In its most recent public year (2022), this organization brought in $14,455 more than it spent. Its reserves stood at about 5.8 months of spending, up from 0.6 in 2012. 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
Magnalia Homestead Foundation's IRS filings as a feed — one entry per filing year, through 2022. 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