Promedica Physician Group Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 172,257,632 | 171,580,735 | 676,897 | 0.2 | 63% |
| 2012 | 275,323,814 | 263,234,397 | 12,089,417 | 0.7 | 58% |
| 2013 | 314,875,575 | 302,001,168 | 12,874,407 | 1.1 | 59% |
| 2014 | 383,624,261 | 338,237,027 | 45,387,234 | 2.6 | 57% |
| 2015 | 422,423,082 | 387,816,374 | 34,606,708 | 3.3 | 56% |
| 2016 | 408,502,903 | 436,619,465 | −28,116,562 | 0.1 | 54% |
| 2017 | 449,727,031 | 459,948,087 | −10,221,056 | -0.2 | 61% |
| 2018 | 487,202,451 | 473,353,849 | 13,848,602 | 0.2 | 63% |
| 2019 | 415,908,410 | 506,060,984 | −90,152,574 | 0.9 | 61% |
| 2020 | 86,552,564 | 83,294,409 | 3,258,155 | 0.7 | 19% |
| 2021 | 18,767,298 | 9,743,352 | 9,023,946 | -63.4 | 63% |
| 2022 | 19,998,791 | 10,672,384 | 9,326,407 | 20.2 | 60% |
| 2023 | 9,846,271 | 17,212,900 | −7,366,629 | 11.8 | 71% |
In its most recent public year (2023), this organization spent $7,366,629 more than it brought in. Its reserves stood at about 11.8 months of spending, up from 0.2 in 2011. Staff pay was 71% 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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