Bassett Healthcare Network
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 0 | 0 | 0 | — | — |
| 2012 | 0 | 0 | 0 | — | — |
| 2013 | 0 | 0 | 0 | — | — |
| 2014 | 4,001,217 | 0 | 4,001,217 | — | — |
| 2015 | 4,003 | 0 | 4,003 | — | — |
| 2016 | 304,018 | 86 | 303,932 | 601277.0 | 0% |
| 2017 | 2,237,133 | 952,775 | 1,284,358 | 76.1 | 0% |
| 2018 | 404,394 | 238,210 | 166,184 | 312.6 | 0% |
| 2019 | 409,850 | 632,758 | −222,908 | 113.5 | 0% |
| 2020 | 627,948 | 330,549 | 297,399 | 221.8 | 0% |
| 2021 | 700,853 | 23,406,907 | −22,706,054 | -8.5 | 16% |
| 2022 | 512,071 | 18,743,911 | −18,231,840 | -22.3 | 31% |
| 2023 | 1,308,152 | 496,963 | 811,189 | -821.4 | 0% |
In its most recent public year (2023), this organization brought in $811,189 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-821.4 months). Staff pay was 0% of spending. $416,546 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
Bassett Healthcare Network'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