Foundation Of Orthopedics And Complex Spine Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,911,034 | 1,750,005 | 1,161,029 | 11.0 | 0% |
| 2012 | 4,394,381 | 2,695,881 | 1,698,500 | 14.7 | 0% |
| 2013 | 3,391,022 | 2,996,477 | 394,545 | 14.8 | 3% |
| 2014 | 2,770,945 | 4,089,280 | −1,318,335 | 6.9 | 4% |
| 2015 | 3,166,052 | 2,500,223 | 665,829 | 14.4 | 7% |
| 2016 | 2,772,571 | 3,190,491 | −417,920 | 9.7 | 9% |
| 2017 | 1,989,039 | 3,475,961 | −1,486,922 | 3.8 | 12% |
| 2018 | 2,496,126 | 2,805,084 | −308,958 | 3.4 | 10% |
| 2019 | 3,740,286 | 3,687,052 | 53,234 | 2.7 | 4% |
| 2020 | 3,314,300 | 2,828,615 | 485,685 | 5.6 | 4% |
| 2021 | 518,962 | 489,471 | 29,491 | 33.1 | 9% |
| 2022 | 740,929 | 823,462 | −82,533 | 18.4 | 6% |
| 2023 | 752,841 | 864,481 | −111,640 | 16.0 | 4% |
In its most recent public year (2023), this organization spent $111,640 more than it brought in. Its reserves stood at about 16 months of spending, up from 11 in 2011. Staff pay was 4% of spending. $700,891 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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