Neomed Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 46,494,897 | 45,595,079 | 899,818 | 8.4 | 32% |
| 2021 | 60,447,109 | 56,898,893 | 3,548,216 | 7.5 | 27% |
| 2022 | 69,948,840 | 65,195,165 | 4,753,675 | 7.4 | 30% |
| 2023 | 79,819,485 | 75,327,446 | 4,492,039 | 7.1 | 25% |
In its most recent public year (2023), this organization brought in $4,492,039 more than it spent. Its reserves stood at about 7.1 months of spending, down from 8.4 in 2020. Staff pay was 25% of spending. $43,864,301 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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