Mymichigan Medical Center Tawas
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 59,174,402 | 58,850,231 | 324,171 | 5.5 | 45% |
| 2012 | 64,981,508 | 59,586,598 | 5,394,910 | 5.7 | 43% |
| 2013 | 54,830,488 | 52,590,712 | 2,239,776 | 7.0 | 44% |
| 2014 | 48,798,962 | 51,200,834 | −2,401,872 | 7.0 | 40% |
| 2015 | 51,506,896 | 48,527,882 | 2,979,014 | 7.5 | 38% |
| 2016 | 54,863,769 | 52,869,578 | 1,994,191 | 6.7 | 37% |
| 2017 | 54,105,453 | 52,564,441 | 1,541,012 | -0.4 | 36% |
| 2018 | 52,876,627 | 56,440,070 | −3,563,443 | -1.4 | 32% |
| 2019 | 53,761,080 | 53,959,637 | −198,557 | -1.2 | 33% |
| 2020 | 54,356,300 | 53,307,747 | 1,048,553 | -3.4 | 36% |
| 2021 | 56,581,726 | 56,292,078 | 289,648 | -2.4 | 37% |
| 2022 | 63,269,836 | 60,127,365 | 3,142,471 | -1.0 | 35% |
| 2023 | 56,010,243 | 56,611,949 | −601,706 | 1.4 | 37% |
In its most recent public year (2023), this organization spent $601,706 more than it brought in. Its reserves stood at about 1.4 months of spending, down from 5.5 in 2011. Staff pay was 37% of spending. $278,555 of its net assets are donor-restricted.
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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