Montage Medical Group
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,517,877 | 3,282,748 | 235,129 | 3.5 | 63% |
| 2012 | 3,363,906 | 4,078,243 | −714,337 | 0.7 | 64% |
| 2013 | 4,754,854 | 5,666,499 | −911,645 | -1.4 | 60% |
| 2014 | 8,266,725 | 11,523,486 | −3,256,761 | -4.1 | 65% |
| 2015 | 12,984,952 | 15,918,789 | −2,933,837 | -5.2 | 66% |
| 2016 | 14,076,688 | 21,864,374 | −7,787,686 | -8.0 | 57% |
| 2017 | 16,576,485 | 25,080,555 | −8,504,070 | -11.1 | 63% |
| 2018 | 17,718,888 | 28,241,996 | −10,523,108 | -14.3 | 63% |
| 2019 | 30,108,419 | 45,290,303 | −15,181,884 | -13.5 | 53% |
| 2020 | 52,709,173 | 48,165,480 | 4,543,693 | -11.5 | 56% |
| 2021 | 54,870,218 | 58,412,705 | −3,542,487 | -10.2 | 57% |
| 2022 | 35,998,443 | 61,175,742 | −25,177,299 | -14.7 | 63% |
| 2023 | 40,609,226 | 77,069,869 | −36,460,643 | -17.4 | 65% |
In its most recent public year (2023), this organization spent $36,460,643 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-17.4 months), down from 3.5 in 2011. Staff pay was 65% 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
Montage Medical Group'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