Tennessee Orthopaedic Foundation For Education And Research Tofer
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 43,370 | 27,221 | 16,149 | 8.2 | — |
| 2011 | 53,295 | 60,914 | −7,619 | 2.2 | — |
| 2012 | 97,385 | 64,608 | 32,777 | 8.1 | — |
| 2013 | 43,800 | 62,833 | −19,033 | 4.7 | — |
| 2014 | 82,621 | 64,580 | 18,041 | 7.9 | — |
| 2015 | 81,629 | 83,340 | −1,711 | 5.9 | — |
| 2016 | 84,825 | 92,788 | −7,963 | 4.3 | — |
| 2017 | 92,198 | 119,386 | −27,188 | 0.6 | — |
| 2018 | 98,535 | 100,577 | −2,042 | 1.9 | — |
| 2019 | 109,258 | 86,971 | 22,287 | 3.6 | — |
| 2020 | 36,895 | 56,995 | −20,100 | 1.3 | — |
| 2021 | 57,356 | 59,060 | −1,704 | 0.9 | — |
| 2022 | 79,553 | 74,144 | 5,409 | -0.3 | — |
| 2023 | 166,815 | 288,696 | −121,881 | -14.3 | — |
In its most recent public year (2023), this organization spent $121,881 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-14.3 months), down from 8.2 in 2010.
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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