Monmouth Medical Center Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,936,197 | 4,430,530 | 505,667 | 50.6 | 0% |
| 2012 | 7,716,381 | 2,640,714 | 5,075,667 | 115.7 | 0% |
| 2013 | 10,230,407 | 5,894,582 | 4,335,825 | 63.1 | 0% |
| 2014 | 6,256,186 | 6,765,901 | −509,715 | 54.0 | 0% |
| 2015 | 5,301,575 | 3,464,560 | 1,837,015 | 107.5 | 0% |
| 2016 | 8,185,969 | 6,808,356 | 1,377,613 | 51.9 | 0% |
| 2017 | 7,232,352 | 4,427,457 | 2,804,895 | 87.7 | 0% |
| 2018 | 13,610,150 | 3,435,408 | 10,174,742 | 146.7 | 0% |
| 2019 | 9,732,125 | 4,269,381 | 5,462,744 | 134.8 | 0% |
| 2020 | 9,224,959 | 17,240,647 | −8,015,688 | 28.0 | 0% |
| 2021 | 18,905,693 | 13,925,274 | 4,980,419 | 38.7 | 0% |
| 2022 | 12,765,811 | 7,313,269 | 5,452,542 | 80.5 | 0% |
| 2023 | 46,425,596 | 7,344,129 | 39,081,467 | 145.5 | 0% |
In its most recent public year (2023), this organization brought in $39,081,467 more than it spent. Its reserves stood at about 145.5 months of spending, up from 50.6 in 2011. Staff pay was 0% of spending. $82,998,000 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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