Magnolia Tree Apartments Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 130,914 | 171,988 | −41,074 | -60.0 | 0% |
| 2013 | 129,597 | 184,869 | −55,272 | -59.4 | 13% |
| 2014 | 147,723 | 191,375 | −43,652 | -60.2 | 12% |
| 2015 | 144,148 | 201,755 | −57,607 | -60.5 | 9% |
| 2016 | 147,689 | 206,517 | −58,828 | -62.5 | 7% |
| 2017 | 145,543 | 190,416 | −44,873 | -70.7 | 11% |
| 2018 | 146,452 | 195,731 | −49,279 | -71.9 | 10% |
| 2019 | 147,710 | 221,055 | −73,345 | -67.7 | 12% |
| 2020 | 146,827 | 184,706 | −37,879 | -83.6 | 8% |
| 2021 | 147,290 | 227,470 | −80,180 | -72.2 | 14% |
| 2022 | 145,621 | 220,655 | −75,034 | -78.5 | 7% |
| 2023 | 163,870 | 201,587 | −37,717 | -88.3 | 6% |
| 2024 | 194,750 | 252,723 | −57,973 | -73.2 | 17% |
In its most recent public year (2024), this organization spent $57,973 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-73.2 months), down from -60 in 2012. Staff pay was 17% 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
Magnolia Tree Apartments Inc's IRS filings as a feed — one entry per filing year, through 2024. 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