Magic Wastewater Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 36,032 | 35,055 | 977 | 28.1 | — |
| 2012 | 34,952 | 38,108 | −3,156 | 24.8 | — |
| 2014 | 32,644 | 35,881 | −3,237 | 25.9 | — |
| 2015 | 35,545 | 48,453 | −12,908 | 16.0 | — |
| 2016 | 42,279 | 51,801 | −9,522 | 12.7 | — |
| 2017 | 49,586 | 53,721 | −4,135 | 11.3 | — |
| 2018 | 43,754 | 44,159 | −405 | 13.7 | — |
| 2019 | 36,430 | 37,629 | −1,199 | 15.7 | — |
| 2020 | 43,167 | 46,345 | −3,178 | 11.9 | — |
| 2021 | 43,826 | 45,707 | −1,881 | 11.6 | — |
| 2022 | 61,180 | 59,610 | 1,570 | 9.2 | — |
| 2023 | 47,344 | 64,257 | −16,913 | 5.4 | — |
In its most recent public year (2023), this organization spent $16,913 more than it brought in. Its reserves stood at about 5.4 months of spending, down from 28.1 in 2011.
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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