Wayne County Medical Society Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 51,549 | 63,278 | −11,729 | 37.2 | — |
| 2012 | 77,729 | 92,893 | −15,164 | 23.8 | 22% |
| 2013 | 122,139 | 64,784 | 57,355 | 49.4 | — |
| 2014 | 36,596 | 45,929 | −9,333 | 68.2 | — |
| 2015 | 70,542 | 48,545 | 21,997 | 68.0 | — |
| 2016 | 76,534 | 89,180 | −12,646 | 35.8 | — |
| 2017 | 67,984 | 48,427 | 19,557 | 73.2 | — |
| 2018 | 58,513 | 49,381 | 9,132 | 67.0 | — |
| 2019 | 88,289 | 38,063 | 50,226 | 113.8 | 29% |
| 2020 | 56,751 | 84,091 | −27,340 | 51.6 | — |
| 2021 | 53,411 | 102,554 | −49,143 | 39.0 | — |
| 2022 | 37,642 | 61,254 | −23,612 | 49.4 | 11% |
| 2023 | 23,529 | 27,796 | −4,267 | 124.5 | — |
In its most recent public year (2023), this organization spent $4,267 more than it brought in. Its reserves stood at about 124.5 months of spending, up from 37.2 in 2011.
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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