Heywood Medical Group Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 8,829,350 | 11,017,893 | −2,188,543 | -0.6 | 69% |
| 2012 | 8,445,598 | 9,971,767 | −1,526,169 | -0.6 | 70% |
| 2013 | 9,224,957 | 10,661,470 | −1,436,513 | -0.6 | 69% |
| 2014 | 9,559,882 | 11,610,205 | −2,050,323 | -0.8 | 68% |
| 2015 | 13,076,521 | 16,227,096 | −3,150,575 | -0.5 | 69% |
| 2016 | 16,338,574 | 19,296,105 | −2,957,531 | -0.2 | 68% |
| 2017 | 18,528,654 | 23,459,859 | −4,931,205 | -0.3 | 67% |
| 2018 | 23,199,095 | 28,736,474 | −5,537,379 | -0.1 | 61% |
| 2019 | 7,815,250 | 9,757,552 | −1,942,302 | 0.4 | 51% |
| 2020 | 7,751,669 | 9,356,571 | −1,604,902 | 0.8 | 45% |
| 2021 | 24,946,399 | 25,715,837 | −769,438 | 2.7 | 63% |
| 2022 | 6,997,469 | 14,400,520 | −7,403,051 | 4.6 | 61% |
| 2023 | 8,223,190 | 12,578,535 | −4,355,345 | -0.8 | 53% |
In its most recent public year (2023), this organization spent $4,355,345 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.8 months). Staff pay was 53% 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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