Shore Memorial Health Systems Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 934,521 | 1,721,560 | −787,039 | 3.2 | 0% |
| 2012 | 440,696 | 1,737,796 | −1,297,100 | -4.1 | 0% |
| 2013 | 180,128 | 339,285 | −159,157 | 79.7 | 0% |
| 2014 | 204,872 | 174,031 | 30,841 | 157.5 | 0% |
| 2015 | 334,885 | 178,991 | 155,894 | 163.6 | 0% |
| 2016 | 238,339 | 238,969 | −630 | 20.4 | 0% |
| 2017 | 234,523 | 268,574 | −34,051 | -14.1 | 0% |
| 2018 | 289,912 | 221,812 | 68,100 | -53.6 | 0% |
| 2019 | −143,984 | 218,659 | −362,643 | -104.4 | 0% |
| 2020 | −277,496 | 308,285 | −585,781 | -128.7 | 0% |
| 2021 | −275,608 | 194,045 | −469,653 | -233.5 | 0% |
| 2022 | −336,581 | 585,812 | −922,393 | -115.6 | 0% |
| 2023 | −382,817 | 110,845 | −493,662 | -664.4 | 0% |
In its most recent public year (2023), this organization spent $493,662 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-664.4 months), down from 3.2 in 2011. Staff pay was 0% 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
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