Garnet Health Urgent Care P C
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 4,152,718 | 4,152,718 | 0 | 0.1 | 53% |
| 2021 | 6,635,976 | 6,635,976 | 0 | 0.1 | 37% |
| 2022 | 7,296,902 | 7,673,874 | −376,972 | -0.5 | 40% |
| 2023 | 8,374,291 | 8,901,474 | −527,183 | -1.1 | 43% |
In its most recent public year (2023), this organization spent $527,183 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-1.1 months), down from 0.1 in 2020. Staff pay was 43% 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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