Promedica Monroe Cardiology Pllc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 773,884 | 1,448,249 | −674,365 | -78.2 | 79% |
| 2022 | 630,341 | 1,234,577 | −604,236 | -0.2 | 82% |
| 2023 | 624,606 | 1,275,060 | −650,454 | 0.5 | 78% |
In its most recent public year (2023), this organization spent $650,454 more than it brought in. Its reserves stood at about 0.5 months of spending, up from -78.2 in 2021. Staff pay was 78% 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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