Maryland Pharmacists Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 511,784 | 643,078 | −131,294 | 81.8 | 35% |
| 2012 | 835,690 | 664,930 | 170,760 | 82.5 | 39% |
| 2013 | 571,682 | 693,078 | −121,396 | 84.7 | 34% |
| 2014 | 544,435 | 685,810 | −141,375 | 82.5 | 34% |
| 2015 | 475,792 | 698,526 | −222,734 | 70.6 | 39% |
| 2016 | 251,567 | 656,694 | −405,127 | 70.1 | 33% |
| 2017 | 279,981 | 565,434 | −285,453 | 79.1 | 41% |
| 2018 | 479,636 | 611,658 | −132,022 | 62.5 | 40% |
| 2019 | 541,335 | 713,231 | −171,896 | 55.0 | 34% |
| 2020 | 227,004 | 521,048 | −294,044 | 70.2 | 51% |
| 2021 | 261,022 | 489,338 | −228,316 | 68.5 | 48% |
| 2022 | 58,170 | 530,370 | −472,200 | 47.9 | 36% |
| 2023 | 234,697 | 496,441 | −261,744 | 48.4 | 36% |
In its most recent public year (2023), this organization spent $261,744 more than it brought in. Its reserves stood at about 48.4 months of spending, down from 81.8 in 2011. Staff pay was 36% of spending. $23,892 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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