Lady Magics Basketball Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 37,741 | 29,371 | 8,370 | 10.0 | — |
| 2017 | 45,154 | 50,967 | −5,813 | 4.4 | — |
| 2018 | 39,285 | 27,088 | 12,197 | 13.7 | — |
| 2019 | 36,282 | 53,092 | −16,810 | 3.2 | — |
| 2020 | 423 | 10,084 | −9,661 | 5.4 | — |
In its most recent public year (2020), this organization spent $9,661 more than it brought in. Its reserves stood at about 5.4 months of spending, down from 10 in 2016.
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 2020. 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
Lady Magics Basketball Inc's IRS filings as a feed — one entry per filing year, through 2020. 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