M A G B Transportation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 556,845 | 603,396 | −46,551 | 1.9 | 47% |
| 2012 | 755,064 | 660,382 | 94,682 | 3.5 | 45% |
| 2013 | 655,466 | 678,187 | −22,721 | 3.0 | 50% |
| 2014 | 932,803 | 753,309 | 179,494 | 5.6 | 51% |
| 2015 | 906,147 | 935,031 | −28,884 | 4.1 | 54% |
| 2016 | 814,701 | 888,140 | −73,439 | 3.4 | 55% |
| 2017 | 1,027,419 | 977,767 | 49,652 | 3.7 | 54% |
| 2018 | 992,217 | 1,051,387 | −59,170 | 2.7 | 54% |
| 2019 | 1,272,363 | 1,162,004 | 110,359 | 3.6 | 56% |
| 2020 | 1,573,703 | 1,342,152 | 231,551 | 5.2 | 60% |
| 2021 | 1,754,358 | 1,410,530 | 343,828 | 7.9 | 55% |
| 2022 | 1,394,613 | 1,617,695 | −223,082 | 5.2 | 55% |
| 2023 | 2,591,725 | 1,829,585 | 762,140 | 9.6 | 52% |
In its most recent public year (2023), this organization brought in $762,140 more than it spent. Its reserves stood at about 9.6 months of spending, up from 1.9 in 2011. Staff pay was 52% 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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