Phi Chi Medical Fraternity Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | −8,511 | 0 | −8,511 | — | — |
| 2013 | 0 | 510 | −510 | 2809.9 | — |
| 2014 | 7,816 | 0 | 7,816 | — | — |
| 2015 | 0 | 36 | −36 | 40060.0 | — |
| 2016 | 70,453 | 43,632 | 26,821 | 40.4 | — |
| 2017 | 60,309 | 61,231 | −922 | 28.6 | — |
| 2018 | 75,084 | 79,919 | −4,835 | 21.2 | — |
| 2019 | 65,463 | 100,545 | −35,082 | 12.7 | — |
| 2020 | 75,064 | 69,399 | 5,665 | 22.0 | — |
| 2021 | 68,774 | 62,349 | 6,425 | 23.7 | — |
| 2022 | 70,161 | 68,942 | 1,219 | 21.6 | — |
| 2023 | 80,682 | 71,926 | 8,756 | 22.2 | — |
| 2024 | 91,968 | 74,988 | 16,980 | 24.0 | — |
In its most recent public year (2024), this organization brought in $16,980 more than it spent. Its reserves stood at about 24 months 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 2024. 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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