Magic Depot Child Care Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 351,196 | 327,768 | 23,428 | 12.7 | 54% |
| 2013 | 296,811 | 298,692 | −1,881 | 13.9 | 52% |
| 2014 | 275,594 | 297,789 | −22,195 | 13.0 | 56% |
| 2015 | 225,826 | 256,501 | −30,675 | 13.7 | 53% |
| 2016 | 261,690 | 303,319 | −41,629 | 9.9 | 56% |
| 2017 | 322,730 | 325,186 | −2,456 | 9.2 | 57% |
| 2018 | 291,057 | 333,306 | −42,249 | 7.4 | 60% |
| 2019 | 382,583 | 354,038 | 28,545 | 8.0 | 61% |
| 2020 | 343,588 | 357,912 | −14,324 | 7.4 | 59% |
| 2021 | 414,284 | 360,175 | 54,109 | 9.1 | 61% |
| 2022 | 482,925 | 414,120 | 68,805 | 10.0 | 61% |
| 2023 | 453,050 | 448,405 | 4,645 | 9.3 | 61% |
| 2024 | 511,701 | 516,164 | −4,463 | 8.0 | 63% |
In its most recent public year (2024), this organization spent $4,463 more than it brought in. Its reserves stood at about 8 months of spending, down from 12.7 in 2012. Staff pay was 63% 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 2024. 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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