Northern Michigan Medicalmanagement
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 8,872,701 | 12,152,763 | −3,280,062 | -12.8 | 46% |
| 2011 | 9,365,329 | 12,948,159 | −3,582,830 | -15.4 | 45% |
| 2012 | 7,355,522 | 9,695,377 | −2,339,855 | -24.1 | 45% |
| 2013 | 10,590,309 | 14,158,615 | −3,568,306 | -19.5 | 45% |
| 2014 | 14,119,034 | 19,457,559 | −5,338,525 | -17.5 | 36% |
| 2015 | 15,576,974 | 24,024,772 | −8,447,798 | 0.0 | 34% |
| 2016 | 16,304,382 | 24,640,640 | −8,336,258 | 0.1 | 35% |
| 2017 | 14,531,414 | 21,570,398 | −7,038,984 | -1.8 | 12% |
| 2018 | 16,119,629 | 27,396,688 | −11,277,059 | -0.5 | 5% |
| 2019 | 16,285,029 | 18,382,756 | −2,097,727 | -2.1 | 5% |
| 2020 | 16,197,266 | 17,790,266 | −1,593,000 | -3.2 | 4% |
| 2021 | 1,767,851 | 9,726,118 | −7,958,267 | 0.6 | 18% |
| 2022 | 2,357,213 | 9,398,403 | −7,041,190 | -1.8 | 24% |
| 2023 | 3,924,272 | 11,089,437 | −7,165,165 | -9.3 | 60% |
In its most recent public year (2023), this organization spent $7,165,165 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-9.3 months), up from -12.8 in 2010. Staff pay was 60% 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
Northern Michigan Medicalmanagement'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