Magnolia Hospital Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 96,684 | 225,476 | −128,792 | 34.4 | 0% |
| 2012 | 71,994 | 133,986 | −61,992 | 52.3 | 0% |
| 2013 | 142,302 | 200,837 | −58,535 | 31.4 | 0% |
| 2014 | 132,560 | 93,034 | 39,526 | 73.0 | 0% |
| 2015 | 71,530 | 90,185 | −18,655 | 66.7 | 0% |
| 2016 | 131,284 | 83,337 | 47,947 | 79.0 | 0% |
| 2017 | 79,117 | 52,532 | 26,585 | 131.5 | 0% |
| 2018 | 110,011 | 173,861 | −63,850 | 35.3 | 0% |
| 2019 | 140,024 | 114,514 | 25,510 | 56.3 | 0% |
| 2020 | 56,071 | 962 | 55,109 | 7388.4 | 0% |
| 2021 | 60,269 | 1,008 | 59,261 | 7756.8 | 0% |
| 2022 | 38,414 | 135,943 | −97,529 | 48.9 | 0% |
| 2023 | 65,641 | 156,949 | −91,308 | 35.4 | 0% |
| 2024 | 139,492 | 156,042 | −16,550 | 34.3 | 0% |
In its most recent public year (2024), this organization spent $16,550 more than it brought in. Its reserves stood at about 34.3 months of spending. 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 2024. 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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