Magnificat-Central Arkansas Chapter Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 8,673 | 9,467 | −794 | 9.2 | — |
| 2021 | 1,329 | 1,723 | −394 | 48.0 | — |
| 2022 | 8,878 | 6,672 | 2,206 | 16.4 | — |
| 2023 | 9,086 | 9,546 | −460 | 10.9 | — |
In its most recent public year (2023), this organization spent $460 more than it brought in. Its reserves stood at about 10.9 months of spending, up from 9.2 in 2020.
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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