Mihret Medical Supply Group Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 335,570 | 6,524 | 329,046 | 599.5 | 0% |
| 2020 | 1,044,358 | 914,522 | 129,836 | 6.0 | 0% |
| 2021 | 5,710,148 | 5,417,533 | 292,615 | 1.6 | 0% |
| 2022 | 1,929,084 | 2,307,398 | −378,314 | 1.9 | 1% |
| 2023 | 1,612,139 | 1,560,322 | 51,817 | 2.9 | 3% |
In its most recent public year (2023), this organization brought in $51,817 more than it spent. Its reserves stood at about 2.9 months of spending, down from 599.5 in 2019. Staff pay was 3% 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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