Northridge Hospital Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 6,043,894 | 4,344,196 | 1,699,698 | 71.0 | 0% |
| 2021 | 7,650,276 | 3,618,677 | 4,031,599 | 112.8 | 0% |
| 2022 | 8,913,975 | 3,936,658 | 4,977,317 | 99.0 | 0% |
| 2023 | 6,302,624 | 4,177,553 | 2,125,071 | 100.7 | 0% |
In its most recent public year (2023), this organization brought in $2,125,071 more than it spent. Its reserves stood at about 100.7 months of spending, up from 71 in 2020. Staff pay was 0% of spending. $12,563,758 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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