Madison Family Medicine Residency Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 947,136 | 670,728 | 276,408 | 39.5 | 0% |
| 2021 | 786,007 | 518,897 | 267,110 | 57.2 | 0% |
| 2022 | 513,444 | 494,650 | 18,794 | 60.5 | 0% |
| 2023 | 513,444 | 487,814 | 25,630 | 61.9 | 0% |
In its most recent public year (2023), this organization brought in $25,630 more than it spent. Its reserves stood at about 61.9 months of spending, up from 39.5 in 2020. 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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