Summit Medical Group Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 125,592,060 | 133,337,429 | −7,745,369 | 1.9 | 61% |
| 2012 | 180,272,458 | 175,814,028 | 4,458,430 | 0.4 | 65% |
| 2013 | 206,282,924 | 198,084,279 | 8,198,645 | -1.0 | 68% |
| 2014 | 228,443,977 | 226,457,049 | 1,986,928 | -0.0 | 67% |
| 2015 | 245,358,612 | 249,986,742 | −4,628,130 | -0.1 | 67% |
| 2016 | 263,998,458 | 265,928,623 | −1,930,165 | 0.2 | 60% |
| 2017 | 307,450,515 | 292,833,514 | 14,617,001 | -0.1 | 61% |
| 2018 | 334,728,573 | 319,491,911 | 15,236,662 | -0.3 | 60% |
| 2019 | 357,405,081 | 345,101,163 | 12,303,918 | -0.3 | 62% |
| 2020 | 361,498,574 | 367,997,484 | −6,498,910 | -0.4 | 64% |
| 2021 | 425,285,378 | 432,141,988 | −6,856,610 | -0.1 | 65% |
| 2022 | 459,566,276 | 460,711,313 | −1,145,037 | 0.2 | 64% |
| 2023 | 488,811,199 | 514,243,325 | −25,432,126 | -0.0 | 64% |
In its most recent public year (2023), this organization spent $25,432,126 more than it brought in. Its reserves stood at about 0 months of spending, down from 1.9 in 2011. Staff pay was 64% 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
Summit Medical Group 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