Southern Magnolia Charities
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 48,790 | 44,696 | 4,094 | 1.1 | — |
| 2019 | 50,818 | 49,677 | 1,141 | 1.3 | — |
| 2020 | 15,142 | 11,419 | 3,723 | 9.4 | — |
| 2021 | 76,279 | 75,388 | 891 | 1.6 | — |
| 2022 | 75,503 | 78,192 | −2,689 | 1.1 | — |
| 2023 | 55,916 | 56,864 | −948 | 1.3 | — |
In its most recent public year (2023), this organization spent $948 more than it brought in. Its reserves stood at about 1.3 months 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
Southern Magnolia Charities'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