Magnolia Beach Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 26,071 | 23,076 | 2,995 | 31.5 | — |
| 2012 | 29,676 | 25,410 | 4,266 | 30.7 | — |
| 2013 | 30,136 | 31,415 | −1,279 | 24.3 | — |
| 2014 | 24,670 | 28,731 | −4,061 | 24.9 | — |
| 2015 | 31,649 | 32,802 | −1,153 | 21.4 | — |
| 2016 | 31,217 | 34,909 | −3,692 | 18.8 | — |
| 2017 | 41,270 | 34,288 | 6,982 | 21.6 | — |
| 2018 | 123,051 | 35,650 | 87,401 | 50.2 | — |
| 2019 | 153,804 | 230,361 | −76,557 | 3.8 | — |
| 2020 | 41,692 | 38,967 | 2,725 | 23.2 | — |
| 2021 | 51,659 | 41,294 | 10,365 | 24.9 | — |
| 2022 | 50,903 | 43,711 | 7,192 | 25.5 | — |
| 2023 | 52,822 | 41,985 | 10,837 | 29.6 | — |
In its most recent public year (2023), this organization brought in $10,837 more than it spent. Its reserves stood at about 29.6 months of spending, down from 31.5 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
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