Magnolia Holding Company
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | −508,684 | −508,684 | 0 | -136.0 | 0% |
| 2012 | −351,971 | −351,971 | 0 | -196.5 | 0% |
| 2013 | −584,655 | −584,655 | 0 | -197.5 | 0% |
| 2014 | −384,464 | −384,464 | 0 | -300.3 | 0% |
| 2015 | −417,983 | −417,983 | 0 | -333.7 | 0% |
| 2016 | −1,039,676 | −1,039,676 | 0 | -134.2 | 0% |
| 2017 | −732,637 | −732,637 | 0 | -190.4 | 0% |
| 2018 | −727,745 | −727,745 | 0 | -191.7 | 0% |
| 2019 | −603,373 | −603,373 | 0 | -231.2 | 0% |
| 2020 | −648,069 | −648,069 | 0 | -215.2 | 0% |
| 2021 | −656,493 | −656,493 | 0 | -219.8 | 0% |
| 2022 | −568,091 | −568,091 | 0 | -268.7 | 0% |
| 2023 | −1,071,083 | −1,071,083 | 0 | -151.3 | 0% |
In its most recent public year (2023), this organization brought in $0 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-151.3 months), down from -136 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
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