everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Phi Chi Medical Fraternity Inc

Ann Arbor, MI / EIN 38-6068502 / Form 990 / latest filing 2024
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
2011181,986210,809−28,82311.3
2012191,307206,085−14,77810.77%
2013219,343205,30014,04311.610%
2014255,212256,778−1,5669.29%
2015231,173230,88628710.210%
2016235,443232,1663,27710.310%
2017263,881229,52334,35810.910%
2018265,951264,4451,5069.59%
2019255,403269,299−13,8968.89%
2020251,341248,1053,2369.710%
2021265,724233,72032,00411.910%
2022262,793242,67020,12312.510%
2023285,727260,66725,06016.99%
2024294,743256,66738,07619.09%

In its most recent public year (2024), this organization brought in $38,076 more than it spent. Its reserves stood at about 19 months of spending, up from 11.3 in 2011. Staff pay was 9% 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 2024. 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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