Wayne Memorial Hospital Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 779,826 | 365,833 | 413,993 | 334.9 | 0% |
| 2021 | 765,913 | 505,381 | 260,532 | 271.8 | 0% |
| 2022 | 749,172 | 713,184 | 35,988 | 178.8 | 0% |
| 2023 | 664,188 | 363,838 | 300,350 | 374.4 | 0% |
In its most recent public year (2023), this organization brought in $300,350 more than it spent. Its reserves stood at about 374.4 months of spending, up from 334.9 in 2020. Staff pay was 0% of spending. $530,269 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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