The California Medical Innovations Institute Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 907,101 | 1,211,149 | −304,048 | -3.0 | 40% |
| 2015 | 3,539,062 | 3,274,159 | 264,903 | 0.6 | 36% |
| 2016 | 4,329,392 | 4,131,397 | 197,995 | 0.9 | 36% |
| 2017 | 4,407,150 | 4,732,251 | −325,101 | -0.1 | 36% |
| 2018 | 5,235,549 | 4,607,301 | 628,248 | 1.6 | 38% |
| 2019 | 4,860,792 | 4,443,967 | 416,825 | 2.7 | 33% |
| 2020 | 4,569,221 | 4,807,994 | −238,773 | 1.9 | 36% |
| 2021 | 4,738,580 | 4,996,118 | −257,538 | 1.3 | 39% |
| 2022 | 4,347,402 | 5,185,091 | −837,689 | 0.1 | 37% |
| 2023 | 6,065,545 | 6,544,005 | −478,460 | -0.8 | 30% |
In its most recent public year (2023), this organization spent $478,460 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.8 months), up from -3 in 2014. Staff pay was 30% of spending. $546,116 of its net assets are donor-restricted.
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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