Armc Physicians Care Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,207,107 | 7,297,352 | −3,090,245 | 0.1 | 54% |
| 2012 | 7,449,761 | 10,894,955 | −3,445,194 | -0.1 | 57% |
| 2013 | 5,984,396 | 10,074,017 | −4,089,621 | -1.1 | 53% |
| 2014 | 9,290,104 | 15,770,706 | −6,480,602 | -1.6 | 60% |
| 2015 | 11,106,953 | 18,986,887 | −7,879,934 | -4.8 | 52% |
| 2016 | 11,501,002 | 21,067,406 | −9,566,404 | -9.8 | 49% |
| 2017 | 10,753,197 | 19,076,913 | −8,323,716 | -16.0 | 54% |
| 2018 | 11,338,555 | 20,165,239 | −8,826,684 | -20.4 | 53% |
| 2019 | 12,348,129 | 19,702,777 | −7,354,648 | -25.4 | 46% |
| 2020 | 11,958,324 | 17,701,345 | −5,743,021 | -32.2 | 45% |
| 2021 | 13,036,879 | 18,538,025 | −5,501,146 | -34.3 | 46% |
| 2022 | 14,240,534 | 18,504,080 | −4,263,546 | -37.1 | 45% |
| 2023 | 16,371,991 | 20,624,999 | −4,253,008 | -35.8 | 45% |
In its most recent public year (2023), this organization spent $4,253,008 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-35.8 months), down from 0.1 in 2011. Staff pay was 45% 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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