The Stern Cardiovascular Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 32,311,302 | 54,829,731 | −22,518,429 | -1.6 | 72% |
| 2014 | 43,608,759 | 70,403,018 | −26,794,259 | -5.7 | 60% |
| 2015 | 44,756,010 | 61,245,664 | −16,489,654 | -9.7 | 74% |
| 2016 | 44,646,912 | 64,098,120 | −19,451,208 | -12.8 | 74% |
| 2017 | 47,218,692 | 70,547,481 | −23,328,789 | -15.6 | 72% |
| 2018 | 45,509,922 | 71,429,423 | −25,919,501 | -19.7 | 73% |
| 2019 | 47,287,345 | 73,915,939 | −26,628,594 | -23.4 | 73% |
| 2020 | 49,543,413 | 81,851,913 | −32,308,500 | -25.9 | 72% |
| 2021 | 54,640,164 | 88,777,836 | −34,137,672 | -28.5 | 73% |
| 2022 | 54,308,920 | 93,808,956 | −39,500,036 | -32.0 | 71% |
| 2023 | 58,783,358 | 100,610,776 | −41,827,418 | -34.8 | 70% |
In its most recent public year (2023), this organization spent $41,827,418 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-34.8 months), down from -1.6 in 2013. Staff pay was 70% 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
The Stern Cardiovascular 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