Elevatemed Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 2,500 | 2,500 | 0 | 0.0 | — |
| 2019 | 201,457 | 26,017 | 175,440 | 80.9 | 0% |
| 2020 | 316,061 | 153,085 | 162,976 | 27.9 | 0% |
| 2021 | 462,373 | 296,397 | 165,976 | 21.1 | 0% |
| 2022 | 512,935 | 397,321 | 115,614 | 19.3 | 0% |
| 2023 | 688,555 | 978,911 | −290,356 | 4.3 | 5% |
In its most recent public year (2023), this organization spent $290,356 more than it brought in. Its reserves stood at about 4.3 months of spending, up from 0 in 2018. Staff pay was 5% 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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