Medical Center Of The Americasfoundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 3,953,384 | 4,320,672 | −367,288 | 17.4 | 31% |
| 2021 | 5,458,505 | 4,169,251 | 1,289,254 | 22.6 | 36% |
| 2022 | 5,542,606 | 3,989,511 | 1,553,095 | 28.3 | 33% |
| 2023 | 5,622,087 | 3,583,771 | 2,038,316 | 38.3 | 30% |
In its most recent public year (2023), this organization brought in $2,038,316 more than it spent. Its reserves stood at about 38.3 months of spending, up from 17.4 in 2020. Staff pay was 30% of spending. $4,896,767 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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