Foundation Medical Partners Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 93,780,320 | 121,793,870 | −28,013,550 | -0.1 | 60% |
| 2020 | 117,018,082 | 159,479,930 | −42,461,848 | -0.8 | 59% |
| 2021 | 126,187,618 | 157,949,667 | −31,762,049 | -0.8 | 58% |
| 2022 | 127,393,246 | 163,332,003 | −35,938,757 | -0.2 | 55% |
| 2023 | 125,311,940 | 164,929,885 | −39,617,945 | -0.2 | 56% |
In its most recent public year (2023), this organization spent $39,617,945 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.2 months). Staff pay was 56% of spending.
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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