Morgan Memorial Hospital Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2008 | 98,766 | 71,975 | 26,791 | 7.1 | — |
| 2013 | 34,944 | 35,785 | −841 | 43.3 | — |
| 2014 | 111,706 | 105,779 | 5,927 | 18.1 | — |
| 2015 | 168,646 | 10,900 | 157,746 | 349.5 | — |
| 2016 | 1,062,732 | 242,650 | 820,082 | 56.3 | 0% |
| 2017 | 579,628 | 1,457,031 | −877,403 | 2.1 | 0% |
| 2018 | 498,525 | 271,406 | 227,119 | 21.5 | 0% |
| 2019 | 97,646 | 468,981 | −371,335 | 3.0 | 0% |
| 2020 | 39,447 | 272 | 39,175 | 6843.8 | 0% |
| 2021 | 56,209 | 0 | 56,209 | — | — |
| 2022 | 81,542 | 207,869 | −126,327 | 4.9 | 0% |
| 2023 | 62,014 | 69,225 | −7,211 | 13.5 | 0% |
In its most recent public year (2023), this organization spent $7,211 more than it brought in. Its reserves stood at about 13.5 months of spending, up from 7.1 in 2008. Staff pay was 0% of spending. $26,376 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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