Concordia Medical Equipment
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 1,633,024 | 1,496,369 | 136,655 | 4.6 | 30% |
| 2020 | 2,697,930 | 2,466,035 | 231,895 | 3.9 | 26% |
| 2021 | 3,277,666 | 2,840,720 | 436,946 | 5.2 | 23% |
| 2022 | 2,791,592 | 2,473,025 | 318,567 | 7.6 | 28% |
| 2023 | 2,977,459 | 3,374,492 | −397,033 | 4.1 | 18% |
In its most recent public year (2023), this organization spent $397,033 more than it brought in. Its reserves stood at about 4.1 months of spending. Staff pay was 18% 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
Concordia Medical Equipment'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