Suffolk Academy Of Medicine
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 27,773 | 105,634 | −77,861 | -31.5 | — |
| 2021 | 99,112 | 115,137 | −16,025 | -30.2 | — |
| 2022 | 84,613 | 108,337 | −23,724 | -34.7 | — |
| 2023 | 199,300 | 209,209 | −9,909 | -18.5 | — |
In its most recent public year (2023), this organization spent $9,909 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-18.5 months), up from -31.5 in 2020.
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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