National Medical Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 4,454,860 | 3,282,346 | 1,172,514 | 24.0 | 24% |
| 2021 | 5,591,938 | 3,728,970 | 1,862,968 | 27.9 | 22% |
| 2022 | 6,787,183 | 6,374,680 | 412,503 | 16.1 | 14% |
| 2023 | 9,333,882 | 7,757,258 | 1,576,624 | 17.0 | 14% |
In its most recent public year (2023), this organization brought in $1,576,624 more than it spent. Its reserves stood at about 17 months of spending, down from 24 in 2020. Staff pay was 14% of spending. $2,537,526 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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