nonprofit · EIN 58-1728803 · NC
How much does NOVANT MEDICAL GROUP INC raise and spend?
NOVANT MEDICAL GROUP INC (NC, EIN 58-1728803) reported $105.5M in revenue and $123.6M in expenses for tax year 2024, with $0 in net assets (0.0 months of reserves). By expenses that ranks 2,137 of 391,588 e-filers, 48 of 10,972 nonprofits in north carolina.
What stands out
NOVANT MEDICAL GROUP INC (NC, EIN 58-1728803) reported $105.5M in revenue and $123.6M in expenses for tax year 2024, with $0 in net assets (0.0 months of reserves). By expenses that ranks 2,137 of 391,588 e-filers, 48 of 10,972 nonprofits in north carolina. Against nonprofits over $100M in expenses: months of reserves 0.0 months, below the peer median of 7.7 months; contributions share of revenue 0.0%, below the peer median of 0.8%; surplus margin -17.1%, below the peer median of 1.7%.
Key figures, tax year 2024
As filed on Form 990; ratios computed by FACTANKER. Peer medians are percentile_cont over the group in the same year. Every filed line links to its record on the entity page.
| Measure | 2024 | Median, activity | Median, size | Median, all |
|---|---|---|---|---|
| Total revenue | $105.5M | — | $233.3M | $198.5k |
| Total expenses | $123.6M | — | $225.3M | $179.6k |
| Total assets | $0 | — | $306.0M | $761.5k |
| Net assets | $0 | — | $162.6M | $615.1k |
| Program service revenue share | 99.6% | — | 92.5% | 13.4% |
| Contributions share of revenue | 0.0% | — | 0.8% | 55.6% |
| Months of reserves | 0.0 months | — | 7.7 months | 12.4 months |
| Surplus margin | -17.1% | — | 1.7% | 4.3% |
Year by year
6 filings on record.
| Tax year | Revenue | Expenses | Net assets | Reserves | Officer comp. | Rank |
|---|---|---|---|---|---|---|
| 2024 | $105.5M | $123.6M | $0 | 0.0 months | — | 2,137 |
| 2023 | $1.3B | $1.4B | $-1.6B | -13.8 months | $1.2M | 350 |
| 2022 | $1.1B | $1.3B | $-1.4B | -13.0 months | $1.0M | 361 |
| 2020 | $1.1B | $1.2B | $-1.1B | -11.3 months | $2.1M | 314 |
| 2019 | $1.0B | $1.2B | $-984.6M | -10.1 months | $2.6M | 311 |
| 2018 | $928.2M | $1.0B | $-834.2M | -9.7 months | $3.0M | 331 |
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