Mdrt Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 192,225 | 2,216,916 | −2,024,691 | -11.0 | 0% |
| 2022 | 263,725 | 2,784,541 | −2,520,816 | -19.6 | 0% |
| 2023 | 184,628 | 2,805,242 | −2,620,614 | -31.9 | 0% |
In its most recent public year (2023), this organization spent $2,620,614 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-31.9 months), down from -11 in 2021. 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
Mdrt Academy'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