Coastal Medical Physicians Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 34,586,509 | 33,052,102 | 1,534,407 | 0.6 | 65% |
| 2022 | 81,399,867 | 80,371,926 | 1,027,941 | 0.4 | 64% |
| 2023 | 76,308,215 | 82,094,735 | −5,786,520 | -0.5 | 67% |
In its most recent public year (2023), this organization spent $5,786,520 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.5 months), down from 0.6 in 2021. Staff pay was 67% of spending. $226,603 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 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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