Summit County Medical Society
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2009 | 74,229 | 47,725 | 26,504 | 46.2 | 73% |
| 2010 | 85,487 | 95,605 | −10,118 | 21.8 | 42% |
| 2012 | 105,914 | 127,452 | −21,538 | 2.9 | — |
| 2013 | 93,113 | 86,315 | 6,798 | 5.2 | — |
| 2014 | 85,004 | 70,858 | 14,146 | 8.7 | — |
| 2015 | 68,928 | 61,317 | 7,611 | 11.5 | — |
| 2016 | 73,695 | 65,012 | 8,683 | 12.5 | — |
| 2017 | 43,879 | 59,026 | −15,147 | 10.7 | — |
| 2018 | 30,210 | 56,378 | −26,168 | 5.6 | — |
| 2019 | 33,048 | 37,627 | −4,579 | 7.0 | — |
| 2020 | 8,957 | 25,339 | −16,382 | 2.6 | — |
| 2021 | 27,653 | 20,539 | 7,114 | 7.3 | — |
In its most recent public year (2021), this organization brought in $7,114 more than it spent. Its reserves stood at about 7.3 months of spending, down from 46.2 in 2009.
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 2021. 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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