Kentucky Medical Assn
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 2,790,564 | 3,013,671 | −223,107 | 5.7 | 41% |
| 2013 | 2,631,206 | 2,871,409 | −240,203 | 8.5 | 40% |
| 2014 | 2,741,336 | 2,789,655 | −48,319 | 10.3 | 43% |
| 2015 | 2,970,277 | 2,687,807 | 282,470 | 8.9 | 45% |
| 2016 | 2,465,576 | 2,819,542 | −353,966 | 4.6 | 8% |
| 2017 | 2,780,229 | 2,461,663 | 318,566 | 8.5 | 44% |
| 2018 | 2,619,746 | 2,335,197 | 284,549 | 13.8 | 44% |
| 2019 | 2,388,872 | 2,137,389 | 251,483 | 17.2 | 42% |
| 2020 | 2,243,878 | 3,688,666 | −1,444,788 | 8.4 | 29% |
| 2021 | 2,527,003 | 2,041,591 | 485,412 | 19.7 | 54% |
| 2022 | 2,526,975 | 1,992,760 | 534,215 | 21.6 | 53% |
| 2023 | 2,158,580 | 2,412,095 | −253,515 | 18.4 | 50% |
In its most recent public year (2023), this organization spent $253,515 more than it brought in. Its reserves stood at about 18.4 months of spending, up from 5.7 in 2012. Staff pay was 50% of spending. $186,563 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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