Volunteer Firemen Of Magnolia Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 79,004 | 106,189 | −27,185 | 23.5 | — |
| 2012 | 83,239 | 100,220 | −16,981 | 22.9 | — |
| 2013 | 134,905 | 98,504 | 36,401 | 27.7 | — |
| 2014 | 98,628 | 70,880 | 27,748 | 43.2 | 0% |
| 2015 | 89,329 | 66,356 | 22,973 | 50.3 | — |
| 2016 | 96,268 | 59,652 | 36,616 | 63.3 | — |
| 2017 | 146,096 | 45,945 | 100,151 | 108.4 | — |
| 2018 | 128,954 | 78,918 | 50,036 | 70.7 | — |
| 2019 | 179,463 | 165,293 | 14,170 | 34.8 | — |
| 2020 | 192,103 | 191,178 | 925 | 30.1 | — |
| 2021 | 97,311 | 77,533 | 19,778 | 77.4 | — |
| 2022 | 106,576 | 106,449 | 127 | 56.4 | — |
| 2023 | 163,005 | 163,006 | −1 | 36.8 | — |
In its most recent public year (2023), this organization spent $1 more than it brought in. Its reserves stood at about 36.8 months of spending, up from 23.5 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
Volunteer Firemen Of Magnolia Inc'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