Magical Beginnings Early Childhood Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 288,914 | 270,242 | 18,672 | 4.2 | 79% |
| 2012 | 261,646 | 249,860 | 11,786 | 5.1 | 78% |
| 2013 | 285,534 | 277,966 | 7,568 | 4.9 | 79% |
| 2014 | 285,988 | 283,713 | 2,275 | 4.9 | 78% |
| 2015 | 311,040 | 302,508 | 8,532 | 4.9 | 77% |
| 2016 | 319,219 | 326,245 | −7,026 | 4.3 | 78% |
| 2017 | 357,813 | 329,743 | 28,070 | 5.3 | 77% |
| 2018 | 308,473 | 332,426 | −23,953 | 4.4 | 79% |
| 2019 | 328,763 | 335,076 | −6,313 | 4.1 | 77% |
| 2020 | 341,512 | 308,605 | 32,907 | 5.7 | 77% |
| 2021 | 369,671 | 355,795 | 13,876 | 5.4 | 80% |
| 2022 | 547,926 | 383,425 | 164,501 | 10.2 | 79% |
| 2023 | 359,034 | 366,448 | −7,414 | 10.4 | 81% |
In its most recent public year (2023), this organization spent $7,414 more than it brought in. Its reserves stood at about 10.4 months of spending, up from 4.2 in 2011. Staff pay was 81% 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
Magical Beginnings Early Childhood Center 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