Old North State Medical Society Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 204,917 | 224,255 | −19,338 | 0.1 | 38% |
| 2012 | 175,637 | 170,378 | 5,259 | 0.5 | 33% |
| 2013 | 52,863 | 59,277 | −6,414 | 0.1 | 34% |
| 2014 | 81,779 | 70,744 | 11,035 | 1.9 | 21% |
| 2015 | 65,702 | 63,727 | 1,975 | 2.5 | 17% |
| 2016 | 67,107 | 54,449 | 12,658 | 5.7 | 0% |
| 2017 | 34,896 | 38,051 | −3,155 | 7.2 | 0% |
| 2018 | 38,674 | 32,358 | 6,316 | 10.8 | 0% |
| 2019 | 76,781 | 55,467 | 21,314 | 10.9 | — |
| 2020 | 1,909,887 | 1,194,956 | 714,931 | 7.7 | 18% |
| 2021 | 3,206,450 | 3,557,488 | −351,038 | 1.4 | 23% |
| 2022 | 4,073,681 | 3,489,972 | 583,709 | 3.4 | 31% |
| 2023 | 297,126 | 545,372 | −248,246 | 16.5 | 36% |
In its most recent public year (2023), this organization spent $248,246 more than it brought in. Its reserves stood at about 16.5 months of spending, up from 0.1 in 2011. Staff pay was 36% of spending. $236,761 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
Old North State Medical Society Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works