Mymichigan Medical Center Tawas Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,086,623 | 234,184 | 852,439 | 63.2 | 0% |
| 2012 | 479,123 | 75,050 | 404,073 | 261.6 | 0% |
| 2013 | 221,903 | 127,658 | 94,245 | 179.2 | 0% |
| 2014 | 222,043 | 78,538 | 143,505 | 353.9 | 0% |
| 2015 | 584,562 | 365,988 | 218,574 | 69.3 | 0% |
| 2016 | 1,659,329 | 264,336 | 1,394,993 | 146.7 | 0% |
| 2017 | 1,354,669 | 37,005 | 1,317,664 | 1559.3 | 0% |
| 2018 | 522,180 | 73,021 | 449,159 | 882.4 | 0% |
| 2019 | 156,947 | 517,217 | −360,270 | 117.3 | 0% |
| 2020 | 746,460 | 181,789 | 564,671 | 383.5 | 0% |
| 2021 | 361,069 | 90,634 | 270,435 | 958.7 | 0% |
| 2022 | 1,131,246 | 249,503 | 881,743 | 314.2 | 0% |
| 2023 | 603,476 | 776,960 | −173,484 | 95.1 | 0% |
In its most recent public year (2023), this organization spent $173,484 more than it brought in. Its reserves stood at about 95.1 months of spending, up from 63.2 in 2011. Staff pay was 0% of spending. $5,712,378 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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