Higgins Brothers Surgicenter For Hope Llc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 898,227 | 652,532 | 245,695 | 7.6 | 0% |
| 2021 | 1,100,039 | 1,193,807 | −93,768 | 3.2 | 0% |
| 2022 | 2,035,821 | 1,753,279 | 282,542 | 4.1 | 0% |
| 2023 | 1,111,251 | 2,355,585 | −1,244,334 | -3.3 | 0% |
In its most recent public year (2023), this organization spent $1,244,334 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-3.3 months), down from 7.6 in 2020. 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
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