Mdwise Medicaid Network Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 491,119,980 | 495,245,186 | −4,125,206 | -0.1 | 0% |
| 2016 | 997,240,168 | 1,098,914,507 | −101,674,339 | -1.2 | 0% |
| 2017 | 952,001,096 | 926,266,237 | 25,734,859 | 0.1 | 0% |
| 2018 | 868,567,724 | 886,541,134 | −17,973,410 | -0.2 | 0% |
| 2019 | 1,283,082,524 | 1,288,854,051 | −5,771,527 | -0.2 | 0% |
| 2020 | 1,393,180,417 | 1,408,647,794 | −15,467,377 | -0.3 | 0% |
| 2021 | 1,636,579,109 | 1,644,171,635 | −7,592,526 | -0.3 | 0% |
| 2022 | 1,958,415,953 | 1,971,851,321 | −13,435,368 | -0.3 | 0% |
| 2023 | 2,012,532,335 | 2,033,044,846 | −20,512,511 | -0.5 | 0% |
In its most recent public year (2023), this organization spent $20,512,511 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.5 months). 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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