Magdalene Omaha Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 350 | 0 | 350 | — | — |
| 2017 | 329,938 | 18,705 | 311,233 | 199.9 | 47% |
| 2018 | 362,301 | 248,649 | 113,652 | 20.5 | 70% |
| 2019 | 526,901 | 386,173 | 140,728 | 17.6 | 57% |
| 2020 | 1,149,273 | 673,904 | 475,369 | 18.5 | 60% |
| 2021 | 390,470 | 512,467 | −121,997 | 24.4 | 59% |
| 2022 | 841,489 | 988,001 | −146,512 | 10.9 | 59% |
| 2023 | 421,898 | 756,112 | −334,214 | 8.9 | 54% |
In its most recent public year (2023), this organization spent $334,214 more than it brought in. Its reserves stood at about 8.9 months of spending. Staff pay was 54% of spending. $28,768 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
Magdalene Omaha Inc's IRS filings as a feed — one entry per filing year, through 2023. 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