Medical Faculty Associates Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 427,789,125 | 471,027,865 | −43,238,740 | -1.2 | 56% |
| 2021 | 438,379,822 | 487,651,289 | −49,271,467 | -2.4 | 50% |
| 2022 | 386,951,054 | 466,885,767 | −79,934,713 | -4.1 | 47% |
| 2023 | 380,795,193 | 461,798,922 | −81,003,729 | -6.2 | 48% |
In its most recent public year (2023), this organization spent $81,003,729 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-6.2 months), down from -1.2 in 2020. Staff pay was 48% 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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