Magazine Point Community Development
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 0 | 0 | 0 | — | — |
| 2019 | 300 | 0 | 300 | — | — |
| 2020 | 36 | 25 | 11 | 149.3 | — |
| 2021 | 290 | 25 | 265 | 276.5 | — |
| 2022 | 476 | 285 | 191 | 32.3 | — |
| 2023 | 827 | 285 | 542 | 55.1 | — |
In its most recent public year (2023), this organization brought in $542 more than it spent. Its reserves stood at about 55.1 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
Magazine Point Community Development'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