Springfield Medical Care Systems Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 25,733,961 | 25,807,688 | −73,727 | 4.0 | 50% |
| 2021 | 27,227,514 | 24,018,217 | 3,209,297 | 7.2 | 60% |
| 2022 | 25,649,306 | 25,752,918 | −103,612 | 6.6 | 59% |
| 2023 | 27,165,415 | 28,591,896 | −1,426,481 | 5.4 | 55% |
In its most recent public year (2023), this organization spent $1,426,481 more than it brought in. Its reserves stood at about 5.4 months of spending, up from 4 in 2020. Staff pay was 55% of spending. $302,929 of its net assets are donor-restricted.
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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