Canton Medical Education Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 4,634,629 | 4,635,166 | −537 | 0.2 | 70% |
| 2020 | 4,723,774 | 4,724,461 | −687 | 0.2 | 72% |
| 2021 | 4,754,625 | 4,752,253 | 2,372 | 0.2 | 73% |
| 2022 | 5,013,886 | 5,015,560 | −1,674 | 0.2 | 73% |
| 2023 | 5,316,895 | 5,322,610 | −5,715 | 0.2 | 72% |
In its most recent public year (2023), this organization spent $5,715 more than it brought in. Its reserves stood at about 0.2 months of spending. Staff pay was 72% 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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