Richmond Medical Center Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 0 | 0 | 0 | — | — |
| 2014 | 594,351 | 123,436 | 470,915 | 45.8 | 0% |
| 2015 | 3,779,250 | 1,596,715 | 2,182,535 | 19.9 | 6% |
| 2016 | 3,043,985 | 443,472 | 2,600,513 | 142.2 | 44% |
| 2017 | 1,602,842 | 3,031,188 | −1,428,346 | 15.1 | 8% |
| 2018 | 1,254,043 | 2,392,557 | −1,138,514 | 13.5 | 9% |
| 2019 | 2,407,945 | 2,325,632 | 82,313 | 14.3 | 7% |
| 2020 | 1,260,576 | 2,147,079 | −886,503 | 10.5 | 8% |
| 2021 | 5,240,955 | 1,692,534 | 3,548,421 | 34.0 | 0% |
| 2022 | 5,057,648 | 1,696,600 | 3,361,048 | 52.4 | 0% |
| 2023 | 4,101,766 | 2,596,564 | 1,505,202 | 38.5 | 0% |
In its most recent public year (2023), this organization brought in $1,505,202 more than it spent. Its reserves stood at about 38.5 months of spending. Staff pay was 0% of spending. $9,097,614 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
Richmond Medical Center Foundation Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works