Maryland Cardiac Surgery Quality Initiative Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 45,000 | 1,191 | 43,809 | 441.4 | — |
| 2014 | 72,050 | 60,073 | 11,977 | 11.1 | — |
| 2015 | 135,000 | 54,215 | 80,785 | 30.2 | — |
| 2016 | 90,000 | 42,428 | 47,572 | 52.1 | — |
| 2017 | 63,000 | 73,264 | −10,264 | 28.5 | — |
| 2018 | 108,068 | 84,577 | 23,491 | 28.0 | — |
| 2019 | 109,571 | 79,711 | 29,860 | 34.2 | — |
| 2020 | 27,722 | 117,894 | −90,172 | 14.0 | — |
| 2021 | 103,361 | 74,408 | 28,953 | 26.8 | — |
| 2022 | 91,384 | 45,352 | 46,032 | 56.1 | — |
| 2023 | 140,537 | 75,929 | 64,608 | 43.7 | — |
In its most recent public year (2023), this organization brought in $64,608 more than it spent. Its reserves stood at about 43.7 months of spending, down from 441.4 in 2013.
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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