Maryland Health-Care Product Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 556,184 | 264,284 | 291,900 | 232.1 | 20% |
| 2012 | 75,654 | 169,307 | −93,653 | 313.1 | 29% |
| 2013 | 168,246 | 106,765 | 61,481 | 552.0 | 17% |
| 2014 | 167,219 | 78,150 | 89,069 | 510.4 | 29% |
| 2015 | −9,935 | 64,469 | −74,404 | 601.5 | 21% |
| 2016 | −301,579 | 46,923 | −348,502 | 737.2 | 0% |
| 2017 | 0 | 63,212 | −63,212 | 535.3 | 0% |
| 2018 | 0 | 12,537 | −12,537 | 2686.8 | 0% |
| 2019 | 0 | 12,877 | −12,877 | 2603.9 | 0% |
| 2020 | 0 | 17,814 | −17,814 | 1870.2 | 0% |
| 2021 | 0 | 18,845 | −18,845 | 1755.9 | 0% |
| 2022 | 0 | 6,807 | −6,807 | 4849.2 | 0% |
| 2023 | 0 | 5,971 | −5,971 | 5516.2 | 0% |
In its most recent public year (2023), this organization spent $5,971 more than it brought in. Its reserves stood at about 5516.2 months of spending, up from 232.1 in 2011. 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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