Somc Medical Care Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 39,937,219 | 41,562,076 | −1,624,857 | 0.3 | 67% |
| 2012 | 43,704,480 | 42,517,808 | 1,186,672 | 0.6 | 64% |
| 2013 | 44,805,740 | 44,345,479 | 460,261 | 0.7 | 71% |
| 2014 | 50,267,989 | 49,192,895 | 1,075,094 | 0.9 | 73% |
| 2015 | 23,270,893 | 45,472,909 | −22,202,016 | 1.1 | 72% |
| 2016 | 23,403,167 | 49,700,221 | −26,297,054 | 0.2 | 69% |
| 2017 | 27,831,674 | 59,503,091 | −31,671,417 | -1.1 | 67% |
| 2018 | 29,978,963 | 62,908,243 | −32,929,280 | -0.6 | 67% |
| 2019 | 37,165,875 | 71,868,449 | −34,702,574 | -1.0 | 46% |
| 2020 | 40,251,203 | 78,257,529 | −38,006,326 | -0.8 | 46% |
| 2021 | 44,708,757 | 85,410,088 | −40,701,331 | -0.9 | 52% |
| 2022 | 52,674,175 | 93,083,408 | −40,409,233 | -0.9 | 53% |
| 2023 | 53,733,264 | 104,724,713 | −50,991,449 | -0.3 | 44% |
In its most recent public year (2023), this organization spent $50,991,449 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.3 months). Staff pay was 44% 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
Somc Medical Care Foundation Inc'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