Montefiore Nyack Hospital Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 847,402 | 1,349,061 | −501,659 | 18.0 | 21% |
| 2021 | 1,360,847 | 564,467 | 796,380 | 60.6 | 44% |
| 2022 | 646,435 | 1,100,668 | −454,233 | 26.2 | 26% |
| 2023 | 962,496 | 597,665 | 364,831 | 59.4 | 71% |
In its most recent public year (2023), this organization brought in $364,831 more than it spent. Its reserves stood at about 59.4 months of spending, up from 18 in 2020. Staff pay was 71% of spending. $2,292,772 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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