Henry Ford Cornerstone Medical Group
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 40,738,480 | 57,893,298 | −17,154,818 | 0.2 | 0% |
| 2021 | 49,102,663 | 57,531,989 | −8,429,326 | 0.6 | 0% |
| 2022 | 45,482,130 | 61,015,759 | −15,533,629 | 0.3 | 0% |
| 2023 | 49,172,604 | 63,702,144 | −14,529,540 | 0.3 | 0% |
In its most recent public year (2023), this organization spent $14,529,540 more than it brought in. Its reserves stood at about 0.3 months of spending. Staff pay was 0% 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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