Magh Properties Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | −19,402 | 38,541 | −57,943 | -5.8 | 0% |
| 2012 | 15,594 | 39,932 | −24,338 | -12.9 | 0% |
| 2013 | 118,953 | 44,317 | 74,636 | 8.6 | 0% |
| 2014 | 15,626 | 13,917 | 1,709 | 28.9 | 0% |
| 2015 | 5,205 | 13,167 | −7,962 | 23.3 | 0% |
| 2016 | 7 | 13,168 | −13,161 | 11.3 | 0% |
| 2017 | 7 | 13,510 | −13,503 | -1.0 | 0% |
| 2018 | 4 | 13,509 | −13,505 | -13.0 | 0% |
| 2019 | 5 | 13,512 | −13,507 | -25.0 | 0% |
| 2020 | 4 | 13,484 | −13,480 | -37.0 | 0% |
| 2021 | 1 | 13,304 | −13,303 | -49.5 | 0% |
| 2022 | 1 | 13,305 | −13,304 | -61.5 | 0% |
| 2023 | 13 | 13,761 | −13,748 | -71.5 | 0% |
In its most recent public year (2023), this organization spent $13,748 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-71.5 months), down from -5.8 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
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