Magnolia Springs Volunteer Fire Department Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 234,082 | 179,152 | 54,930 | 90.5 | 0% |
| 2012 | 180,049 | 178,701 | 1,348 | 90.9 | 0% |
| 2013 | 212,379 | 433,215 | −220,836 | 31.4 | 0% |
| 2014 | 245,291 | 493,730 | −248,439 | 21.5 | 0% |
| 2015 | 103,667 | 96,430 | 7,237 | 84.2 | 0% |
| 2016 | 198,677 | 300,745 | −102,068 | 26.6 | 0% |
| 2017 | 198,099 | 281,352 | −83,253 | 24.9 | 0% |
| 2018 | 357,943 | 387,439 | −29,496 | 17.1 | 0% |
| 2019 | 451,701 | 632,721 | −181,020 | 10.1 | 0% |
| 2020 | 764,169 | 350,987 | 413,182 | 32.3 | 0% |
| 2021 | 348,212 | 364,507 | −16,295 | 30.6 | 0% |
| 2022 | 313,780 | 357,239 | −43,459 | 29.7 | 0% |
| 2023 | 510,502 | 424,425 | 86,077 | 27.5 | 0% |
In its most recent public year (2023), this organization brought in $86,077 more than it spent. Its reserves stood at about 27.5 months of spending, down from 90.5 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 Springs Volunteer Fire Department Incorporated'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