Foundation For Medical Education & Research Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 107,180 | 84,078 | 23,102 | 13.4 | 0% |
| 2012 | 115,815 | 153,748 | −37,933 | 4.4 | 0% |
| 2013 | 140,306 | 98,802 | 41,504 | 11.8 | 0% |
| 2014 | 125,759 | 93,848 | 31,911 | 16.5 | 0% |
| 2015 | 143,651 | 94,650 | 49,001 | 0.0 | 0% |
| 2016 | 23,774 | 65,330 | −41,556 | 25.1 | 0% |
| 2017 | 38,018 | 55,235 | −17,217 | 26.0 | 0% |
| 2018 | 114,931 | 85,037 | 29,894 | 21.7 | 0% |
| 2020 | 13,239 | 18,982 | −5,743 | 104.7 | 0% |
| 2021 | 61,378 | 32,636 | 28,742 | 74.9 | 0% |
| 2022 | 128,288 | 67,100 | 61,188 | 30.2 | 0% |
| 2023 | 43,987 | 57,740 | −13,753 | 23.7 | 0% |
In its most recent public year (2023), this organization spent $13,753 more than it brought in. Its reserves stood at about 23.7 months of spending, up from 13.4 in 2011. Staff pay was 0% 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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