Morris County Medical Society
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 188,029 | 181,985 | 6,044 | 22.8 | — |
| 2012 | 215,562 | 182,329 | 33,233 | 14.4 | 57% |
| 2013 | 342,295 | 193,837 | 148,458 | 17.6 | 40% |
| 2014 | 290,651 | 317,690 | −27,039 | 9.6 | 24% |
| 2015 | 298,606 | 272,380 | 26,226 | 11.8 | 32% |
| 2016 | 303,543 | 265,760 | 37,783 | 14.0 | 34% |
| 2017 | 271,935 | 297,246 | −25,311 | 11.9 | 31% |
| 2018 | 274,647 | 275,917 | −1,270 | 12.8 | 34% |
| 2019 | 270,622 | 195,527 | 75,095 | 17.6 | 48% |
| 2020 | 187,517 | 269,682 | −82,165 | 10.5 | — |
| 2021 | 262,604 | 218,441 | 44,163 | 15.4 | 43% |
| 2022 | 206,262 | 269,156 | −62,894 | 9.7 | 52% |
| 2023 | 200,734 | 136,508 | 64,226 | 24.7 | 46% |
In its most recent public year (2023), this organization brought in $64,226 more than it spent. Its reserves stood at about 24.7 months of spending, up from 22.8 in 2011. Staff pay was 46% of spending. $140,454 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
Morris County Medical Society's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works