Magical Bridge Foundation
| Year | Money in | Money out | Result | Reserve mo. | Staffing |
|---|---|---|---|---|---|
| 2020 | $1,273,507 | $1,626,965 | −$353,458 | 15.4 | 45% |
| 2021 | $2,483,019 | $2,165,594 | $317,425 | 13.3 | 44% |
| 2022 | $5,770,246 | $2,385,545 | $3,384,701 | 29.1 | 24% |
| 2023 | $1,207,645 | $2,472,826 | −$1,265,181 | 21.9 | 25% |
In its most recent public year (2023), this organization spent $1,265,181 more than it brought in. Its reserves stood at about 21.9 months of spending, up from 15.4 in 2020. Staff pay was 25% of spending. $3,632,145 of its net assets are donor-restricted.
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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