Magda West Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 22,311 | 65 | 22,246 | 0.2 | — |
| 2020 | 10,750 | 10,791 | −41 | 31.0 | — |
| 2021 | 40,667 | 16,594 | 24,073 | 37.6 | — |
In its most recent public year (2021), this organization brought in $24,073 more than it spent. Its reserves stood at about 37.6 months of spending, up from 0.2 in 2019.
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 2021. 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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