Long Island Medical Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 1,141,678 | 828,911 | 312,767 | 6.5 | 0% |
| 2011 | 675,525 | 393,056 | 282,469 | 22.3 | 0% |
| 2012 | 492,479 | 561,724 | −69,245 | 14.1 | 0% |
| 2013 | 697,534 | 358,222 | 339,312 | 33.5 | 0% |
| 2014 | 139,622 | 169,173 | −29,551 | 68.9 | 0% |
| 2015 | 307,462 | 183,283 | 124,179 | 71.8 | 7% |
| 2016 | 490,132 | 248,308 | 241,824 | 64.7 | 25% |
| 2017 | 388,937 | 294,032 | 94,905 | 58.5 | 29% |
| 2018 | 368,056 | 465,915 | −97,859 | 34.4 | 18% |
| 2019 | 496,701 | 321,032 | 175,669 | 56.5 | 28% |
| 2020 | 176,926 | 285,874 | −108,948 | 58.8 | 34% |
| 2021 | 297,460 | 252,372 | 45,088 | 68.8 | 43% |
| 2022 | 324,294 | 239,375 | 84,919 | 78.4 | 40% |
| 2023 | 365,537 | 239,024 | 126,513 | 84.9 | 41% |
In its most recent public year (2023), this organization brought in $126,513 more than it spent. Its reserves stood at about 84.9 months of spending, up from 6.5 in 2010. Staff pay was 41% of spending. $767,672 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
Long Island Medical Foundation Inc's IRS filings as a feed — one entry per filing year, through 2023. 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