Garnet Health Doctors Pc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 477,292 | 1,182,306 | −705,014 | 0.7 | 47% |
| 2015 | 23,978,753 | 24,658,719 | −679,966 | -0.3 | 56% |
| 2016 | 34,665,605 | 35,917,256 | −1,251,651 | -0.6 | 58% |
| 2017 | 48,378,362 | 48,378,362 | 0 | -0.5 | 60% |
| 2018 | 54,781,666 | 54,781,666 | 0 | -0.4 | 65% |
| 2019 | 63,981,217 | 63,981,217 | 0 | -0.3 | 70% |
| 2020 | 77,092,624 | 77,092,624 | 0 | -0.2 | 69% |
| 2021 | 81,156,131 | 81,156,131 | 0 | -0.2 | 66% |
| 2022 | 80,513,518 | 84,663,692 | −4,150,174 | -0.8 | 64% |
| 2023 | 69,598,965 | 81,939,516 | −12,340,551 | -2.4 | 64% |
In its most recent public year (2023), this organization spent $12,340,551 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-2.4 months), down from 0.7 in 2014. Staff pay was 64% 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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