Riverbend Medical Group Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 70,724,238 | 82,339,161 | −11,614,923 | -0.1 | 60% |
| 2018 | 77,683,161 | 92,591,637 | −14,908,476 | -2.0 | 60% |
| 2019 | 81,191,006 | 96,670,337 | −15,479,331 | -3.7 | 59% |
| 2020 | 66,323,317 | 83,829,056 | −17,505,739 | -7.4 | 60% |
| 2021 | 79,136,348 | 85,848,954 | −6,712,606 | -8.1 | 62% |
| 2022 | 77,757,403 | 96,083,522 | −18,326,119 | -0.7 | 67% |
| 2023 | 75,039,175 | 94,607,161 | −19,567,986 | -1.7 | 66% |
In its most recent public year (2023), this organization spent $19,567,986 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-1.7 months), down from -0.1 in 2017. Staff pay was 66% 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
Riverbend Medical Group Inc'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