Medglobal Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 394,493 | 49,995 | 344,498 | 82.7 | 0% |
| 2018 | 2,188,842 | 1,949,407 | 239,435 | 3.6 | 1% |
| 2019 | 5,803,706 | 4,777,146 | 1,026,560 | 4.0 | 2% |
| 2020 | 12,747,225 | 12,557,572 | 189,653 | 1.7 | 2% |
| 2021 | 6,071,453 | 5,217,835 | 853,618 | 6.1 | 7% |
| 2022 | 12,632,992 | 11,932,955 | 700,037 | 3.4 | 1% |
In its most recent public year (2022), this organization brought in $700,037 more than it spent. Its reserves stood at about 3.4 months of spending, down from 82.7 in 2017. Staff pay was 1% of spending. $2,739,432 of its net assets are donor-restricted.
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
Medglobal Inc's IRS filings as a feed — one entry per filing year, through 2022. 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