Memorial Hospital At Gulfportfoundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,987,423 | 313,437 | 1,673,986 | 219.3 | 0% |
| 2021 | 295,351 | 270,782 | 24,569 | 289.1 | 0% |
| 2022 | 742,202 | 307,737 | 434,465 | 240.6 | 0% |
| 2023 | 692,176 | 386,370 | 305,806 | 215.9 | 0% |
In its most recent public year (2023), this organization brought in $305,806 more than it spent. Its reserves stood at about 215.9 months of spending, down from 219.3 in 2020. Staff pay was 0% of spending. $4,222,889 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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