Phi Chi Medical Fraternity Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 153,858 | 200,725 | −46,867 | 19.8 | — |
| 2012 | 188,890 | 199,433 | −10,543 | 19.3 | — |
| 2013 | 170,800 | 190,841 | −20,041 | 18.9 | — |
| 2014 | 189,490 | 204,462 | −14,972 | 16.8 | — |
| 2015 | 184,999 | 206,922 | −21,923 | 15.3 | — |
| 2016 | 199,975 | 183,406 | 16,569 | 18.4 | — |
| 2017 | 192,807 | 167,173 | 25,634 | 22.0 | — |
| 2018 | 224,467 | 152,962 | 71,505 | 29.6 | 0% |
| 2019 | 219,220 | 162,813 | 56,407 | 32.0 | 0% |
| 2020 | 221,091 | 189,594 | 31,497 | 29.5 | 0% |
| 2021 | 243,066 | 218,097 | 24,969 | 27.0 | 0% |
| 2022 | 199,782 | 226,417 | −26,635 | 24.6 | 0% |
| 2023 | 270,539 | 223,596 | 46,943 | 27.4 | 0% |
In its most recent public year (2023), this organization brought in $46,943 more than it spent. Its reserves stood at about 27.4 months of spending, up from 19.8 in 2011. 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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