Sequent Medical Education Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 500 | 0 | 500 | — | — |
| 2017 | 0 | 50 | −50 | 108.0 | — |
| 2018 | 0 | 50 | −50 | 96.0 | — |
| 2019 | 0 | 50 | −50 | 84.0 | — |
| 2020 | 0 | 50 | −50 | 72.0 | — |
| 2021 | 0 | 50 | −50 | 60.0 | — |
| 2022 | 0 | 50 | −50 | 48.0 | — |
In its most recent public year (2022), this organization spent $50 more than it brought in. Its reserves stood at about 48 months 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 2022. 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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