Adirondack Medical Center Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,150,071 | 1,511,315 | 638,756 | 145.3 | 14% |
| 2021 | 5,215,601 | 2,800,848 | 2,414,753 | 94.9 | 9% |
| 2022 | 3,691,701 | 1,161,388 | 2,530,313 | 215.1 | 21% |
| 2023 | 3,440,410 | 782,662 | 2,657,748 | 386.4 | 32% |
In its most recent public year (2023), this organization brought in $2,657,748 more than it spent. Its reserves stood at about 386.4 months of spending, up from 145.3 in 2020. Staff pay was 32% of spending. $6,271,093 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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