Mississippi Independent Pharmacies Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 411,128 | 387,445 | 23,683 | 7.3 | 46% |
| 2012 | 431,513 | 352,419 | 79,094 | 10.8 | 39% |
| 2013 | 419,778 | 401,279 | 18,499 | 10.0 | 37% |
| 2014 | 436,318 | 473,050 | −36,732 | 7.5 | 40% |
| 2015 | 507,399 | 455,700 | 51,699 | 9.2 | 38% |
| 2016 | 479,576 | 460,623 | 18,953 | 9.6 | 40% |
| 2017 | 494,294 | 459,869 | 34,425 | 10.5 | 41% |
| 2018 | 450,184 | 492,768 | −42,584 | 8.8 | 39% |
| 2019 | 500,113 | 489,527 | 10,586 | 9.1 | 41% |
| 2020 | 492,205 | 393,431 | 98,774 | 14.3 | 55% |
| 2021 | 504,585 | 466,123 | 38,462 | 13.1 | 45% |
| 2022 | 497,999 | 472,859 | 25,140 | 13.5 | 44% |
| 2023 | 367,879 | 439,416 | −71,537 | 12.6 | 48% |
In its most recent public year (2023), this organization spent $71,537 more than it brought in. Its reserves stood at about 12.6 months of spending, up from 7.3 in 2011. Staff pay was 48% of spending. $23,325 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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