Ascension Medical Group Promed
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 46,047,187 | 45,339,551 | 707,636 | 1.0 | 51% |
| 2012 | 55,726,543 | 59,329,639 | −3,603,096 | 0.7 | 49% |
| 2013 | 58,254,444 | 62,603,090 | −4,348,646 | 1.0 | 0% |
| 2014 | 64,337,339 | 76,221,092 | −11,883,753 | 0.8 | 0% |
| 2015 | 68,658,441 | 49,188,219 | 19,470,222 | 1.6 | 0% |
| 2016 | 68,393,351 | 95,528,889 | −27,135,538 | -2.6 | 0% |
| 2017 | 74,208,538 | 98,726,872 | −24,518,334 | -1.1 | 50% |
| 2018 | 75,995,768 | 106,186,343 | −30,190,575 | -0.2 | 51% |
| 2019 | 80,070,064 | 101,333,346 | −21,263,282 | -0.9 | 56% |
| 2020 | 78,824,301 | 124,488,730 | −45,664,429 | -1.4 | 56% |
| 2021 | 91,054,014 | 124,254,039 | −33,200,025 | -1.1 | 57% |
| 2022 | 96,475,688 | 121,736,086 | −25,260,398 | -1.2 | 59% |
| 2023 | 98,522,990 | 118,868,839 | −20,345,849 | -1.0 | 60% |
In its most recent public year (2023), this organization spent $20,345,849 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-1 months), down from 1 in 2011. Staff pay was 60% 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
Ascension Medical Group Promed's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works