Medical Education Institute Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 934,870 | 897,053 | 37,817 | 15.6 | 62% |
| 2021 | 955,127 | 979,928 | −24,801 | 14.0 | 59% |
| 2022 | 1,222,459 | 1,003,949 | 218,510 | 14.4 | 55% |
| 2023 | 1,038,488 | 1,052,494 | −14,006 | 15.4 | 71% |
In its most recent public year (2023), this organization spent $14,006 more than it brought in. Its reserves stood at about 15.4 months of spending. Staff pay was 71% 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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