Midland Cares Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 199,651 | 229,547 | −29,896 | -3.7 | — |
| 2021 | 361,500 | 263,586 | 97,914 | 1.3 | 48% |
| 2022 | 563,840 | 629,929 | −66,089 | -0.7 | 63% |
In its most recent public year (2022), this organization spent $66,089 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.7 months), up from -3.7 in 2020. Staff pay was 63% 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 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
Midland Cares 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