Hartford Medical Society
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 121,880 | 100,574 | 21,306 | 122.0 | 0% |
| 2021 | 142,584 | 100,971 | 41,613 | 133.1 | 0% |
| 2022 | 161,477 | 214,184 | −52,707 | 52.9 | 0% |
| 2023 | 100,802 | 134,883 | −34,081 | 81.1 | 0% |
In its most recent public year (2023), this organization spent $34,081 more than it brought in. Its reserves stood at about 81.1 months of spending, down from 122 in 2020. 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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