Midland County Medical Society
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 25,251 | 27,180 | −1,929 | 0.6 | — |
| 2013 | 37,345 | 32,210 | 5,135 | 2.4 | — |
| 2014 | 27,257 | 27,000 | 257 | 3.0 | — |
| 2016 | 29,501 | 22,549 | 6,952 | 4.2 | — |
| 2017 | 40,134 | 29,697 | 10,437 | 7.4 | — |
| 2018 | 31,192 | 25,737 | 5,455 | 11.1 | — |
| 2019 | 40,367 | 34,746 | 5,621 | 10.2 | — |
| 2020 | 57,298 | 47,921 | 9,377 | 9.7 | — |
| 2021 | 48,091 | 42,171 | 5,920 | 12.7 | — |
| 2022 | 57,200 | 62,997 | −5,797 | 7.4 | — |
| 2023 | 46,833 | 55,311 | −8,478 | 6.6 | — |
In its most recent public year (2023), this organization spent $8,478 more than it brought in. Its reserves stood at about 6.6 months of spending, up from 0.6 in 2012.
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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