Medical Foundation Of Central Mississippi Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 56,418,096 | 65,986,420 | −9,568,324 | -3.4 | 70% |
| 2021 | 68,122,317 | 74,761,540 | −6,639,223 | -4.1 | 69% |
| 2022 | 67,531,988 | 80,864,855 | −13,332,867 | -5.7 | 68% |
| 2023 | 72,016,719 | 90,379,391 | −18,362,672 | -7.6 | 69% |
In its most recent public year (2023), this organization spent $18,362,672 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-7.6 months), down from -3.4 in 2020. Staff pay was 69% 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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