Magnolia Water Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 278,353 | 351,737 | −73,384 | 8.3 | 0% |
| 2012 | 283,994 | 308,032 | −24,038 | 8.5 | 0% |
| 2013 | 272,110 | 327,094 | −54,984 | 6.0 | 0% |
| 2014 | 290,034 | 311,834 | −21,800 | 5.5 | 0% |
| 2015 | 294,256 | 275,182 | 19,074 | 7.0 | 0% |
| 2016 | 295,067 | 310,806 | −15,739 | 5.6 | 0% |
| 2017 | 285,302 | 266,281 | 19,021 | 7.4 | 0% |
| 2018 | 321,757 | 346,304 | −24,547 | 4.8 | 0% |
| 2019 | 321,393 | 405,335 | −83,942 | 1.7 | 0% |
| 2020 | 336,858 | 362,546 | −25,688 | 1.0 | 0% |
| 2021 | 360,168 | 355,966 | 4,202 | 1.2 | 0% |
| 2022 | 377,730 | 441,965 | −64,235 | -0.8 | 0% |
| 2023 | 412,382 | 472,300 | −59,918 | -2.3 | 0% |
In its most recent public year (2023), this organization spent $59,918 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-2.3 months), down from 8.3 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 Water Association 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