Mississippi Pharmacists Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 532,495 | 221,539 | 310,956 | 36.3 | 37% |
| 2021 | 409,855 | 210,208 | 199,647 | 49.6 | 17% |
| 2022 | 416,949 | 263,988 | 152,961 | 46.5 | 22% |
| 2023 | 406,870 | 248,359 | 158,511 | 57.0 | 25% |
In its most recent public year (2023), this organization brought in $158,511 more than it spent. Its reserves stood at about 57 months of spending, up from 36.3 in 2020. Staff pay was 25% of spending. $19,452 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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