Wellmont Cardiology Services
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 29,159,843 | 40,993,406 | −11,833,563 | -1.4 | 5% |
| 2013 | 31,210,499 | 42,559,529 | −11,349,030 | -3.2 | 70% |
| 2014 | 31,795,763 | 44,235,234 | −12,439,471 | -3.4 | 68% |
| 2015 | 28,761,678 | 49,939,734 | −21,178,056 | -0.0 | 71% |
| 2016 | 28,564,464 | 42,627,341 | −14,062,877 | 0.1 | 69% |
| 2017 | 28,817,318 | 47,322,407 | −18,505,089 | 0.0 | 71% |
| 2018 | 50,476,375 | 50,469,015 | 7,360 | 0.0 | 71% |
| 2019 | 52,221,772 | 49,861,692 | 2,360,080 | -0.4 | 71% |
| 2020 | 49,063,818 | 48,611,342 | 452,476 | -1.1 | 71% |
| 2021 | 55,508,640 | 55,155,179 | 353,461 | -0.7 | 73% |
| 2022 | 62,431,042 | 61,907,108 | 523,934 | -1.2 | 74% |
| 2023 | 74,431,003 | 75,426,297 | −995,294 | -0.6 | 70% |
In its most recent public year (2023), this organization spent $995,294 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.6 months). Staff pay was 70% 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
Wellmont Cardiology Services'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