Medical-Dental Staff Of Morristown Memorial Hospital
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 461,999 | 377,068 | 84,931 | 22.4 | 59% |
| 2021 | 425,910 | 392,169 | 33,741 | 22.6 | 52% |
| 2022 | 449,019 | 394,507 | 54,512 | 24.1 | 55% |
| 2023 | 460,142 | 410,123 | 50,019 | 24.6 | 51% |
In its most recent public year (2023), this organization brought in $50,019 more than it spent. Its reserves stood at about 24.6 months of spending, up from 22.4 in 2020. Staff pay was 51% 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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