Foundation For Innovations In Medical Education
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 62,289 | 41,156 | 21,133 | 20.2 | — |
| 2012 | 92,459 | 61,936 | 30,523 | 19.3 | — |
| 2013 | 91,321 | 46,277 | 45,044 | 37.5 | — |
| 2014 | 133,261 | 44,555 | 88,706 | 62.9 | — |
| 2015 | 139,150 | 69,460 | 69,690 | 52.4 | — |
| 2016 | 153,775 | 61,476 | 92,299 | 77.2 | — |
| 2017 | 128,746 | 68,468 | 60,278 | 79.9 | — |
| 2018 | 170,161 | 62,688 | 107,473 | 107.8 | 0% |
| 2019 | 110,428 | 61,794 | 48,634 | 118.8 | 0% |
| 2020 | 130,177 | 22,514 | 107,663 | 383.5 | 0% |
| 2021 | 65,570 | 69,608 | −4,038 | 123.3 | 0% |
| 2022 | 74,716 | 17,548 | 57,168 | 528.3 | 0% |
| 2023 | 92,320 | 82,926 | 9,394 | 113.2 | 0% |
In its most recent public year (2023), this organization brought in $9,394 more than it spent. Its reserves stood at about 113.2 months of spending, up from 20.2 in 2011. Staff pay was 0% 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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