Magnolia Heights Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 112,554 | 161,132 | −48,578 | 163.2 | 0% |
| 2012 | 185,964 | 141,847 | 44,117 | 189.1 | 0% |
| 2013 | 139,256 | 176,066 | −36,810 | 149.8 | 0% |
| 2014 | 124,370 | 177,041 | −52,671 | 145.5 | 0% |
| 2015 | 128,585 | 183,249 | −54,664 | 136.9 | 0% |
| 2016 | 133,219 | 214,335 | −81,116 | 112.5 | 0% |
| 2017 | 131,978 | 206,362 | −74,384 | 112.6 | 0% |
| 2018 | 136,877 | 198,984 | −62,107 | 113.0 | 0% |
| 2019 | 136,792 | 204,966 | −68,174 | 105.7 | 0% |
| 2020 | 139,610 | 214,843 | −75,233 | 96.6 | 0% |
| 2021 | 149,192 | 201,630 | −52,438 | 99.9 | 0% |
| 2022 | 155,760 | 216,649 | −60,889 | 89.6 | 0% |
| 2023 | 162,968 | 223,510 | −60,542 | 83.6 | 0% |
In its most recent public year (2023), this organization spent $60,542 more than it brought in. Its reserves stood at about 83.6 months of spending, down from 163.2 in 2011. Staff pay was 0% 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
Magnolia Heights Housing Corporation'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