Magoffin County Senior Citizens Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 126,241 | 105,002 | 21,239 | 6.1 | — |
| 2012 | 168,594 | 138,660 | 29,934 | 7.2 | — |
| 2013 | 222,890 | 151,703 | 71,187 | 12.2 | 45% |
| 2014 | 154,662 | 174,843 | −20,181 | 9.2 | — |
| 2015 | 199,967 | 170,070 | 29,897 | 11.6 | — |
| 2016 | 183,140 | 176,084 | 7,056 | 11.7 | — |
| 2017 | 188,629 | 180,975 | 7,654 | 11.9 | — |
| 2018 | 175,293 | 169,195 | 6,098 | 13.1 | — |
| 2019 | 173,834 | 169,827 | 4,007 | 13.3 | — |
| 2020 | 170,680 | 178,738 | −8,058 | 12.1 | — |
| 2021 | 246,234 | 187,334 | 58,900 | 15.4 | 49% |
| 2022 | 210,941 | 203,833 | 7,108 | 14.5 | 49% |
| 2023 | 273,160 | 237,613 | 35,547 | 14.3 | 48% |
In its most recent public year (2023), this organization brought in $35,547 more than it spent. Its reserves stood at about 14.3 months of spending, up from 6.1 in 2011. Staff pay was 48% 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
Magoffin County Senior Citizens Inc'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