Magnolia Community Services Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 13,189,277 | 13,187,373 | 1,904 | 18.7 | 56% |
| 2021 | 14,268,232 | 13,628,200 | 640,032 | 20.2 | 49% |
| 2022 | 19,467,265 | 16,173,601 | 3,293,664 | 17.6 | 37% |
| 2023 | 19,429,267 | 15,854,367 | 3,574,900 | 20.9 | 46% |
In its most recent public year (2023), this organization brought in $3,574,900 more than it spent. Its reserves stood at about 20.9 months of spending, up from 18.7 in 2020. Staff pay was 46% 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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