Midland Memorial Healthcare System
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,075,060 | 1,256,295 | −181,235 | -9.0 | 0% |
| 2012 | 3,769,162 | 1,207,492 | 2,561,670 | 14.5 | 0% |
| 2013 | 1,063,995 | 1,182,688 | −118,693 | 13.6 | 0% |
| 2014 | 1,070,577 | 1,238,923 | −168,346 | 11.4 | 0% |
| 2015 | 1,012,053 | 1,143,568 | −131,515 | 11.0 | 0% |
| 2016 | 904,468 | 1,187,666 | −283,198 | 7.9 | 0% |
| 2017 | 3,457,642 | 1,118,218 | 2,339,424 | 33.6 | 0% |
| 2018 | 3,167,296 | 967,373 | 2,199,923 | 66.1 | 0% |
| 2019 | 3,212,936 | 840,244 | 2,372,692 | 110.2 | 0% |
| 2020 | 3,414,214 | 637,243 | 2,776,971 | 197.8 | 0% |
| 2021 | 0 | 456,392 | −456,392 | 264.5 | 0% |
| 2022 | 0 | 456,392 | −456,392 | 249.2 | 0% |
| 2023 | 0 | 456,392 | −456,392 | 237.2 | 0% |
In its most recent public year (2023), this organization spent $456,392 more than it brought in. Its reserves stood at about 237.2 months of spending, up from -9 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
Midland Memorial Healthcare System'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